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TECHNICAL

92 posts

Enhancing Audit Quality through the Implementation of Audit Quality Indicators (Part 2): A Malaysian Perspective

Building on the global perspective, this part of the article delves into Malaysia’s specific initiatives on AQIs for AOB-registered audit firms and proposed AQIs for non-registrants of AOB.
  • August 13, 2024
  • 353 views

Enhancing Audit Quality through the Implementation of Audit Quality Indicators (Part 1): A Global Perspective 

This article explores the development and implementation of Audit Quality Indicators (AQIs) as an important tool in assessing and improving audit quality in the public practice sector.
  • August 12, 2024
  • 396 views

Acting in the Public Interest  

Members of the accountancy profession are familiar with the assertion that “a distinguishing mark of the accountancy profession is its acceptance of the responsibility to act in the public interest.”
  • June 25, 2024
  • 704 views

Seeking Better Integration in Sustainability Reporting: Are Existential Questions Around Integrated Reporting Valid?

Is the Integrated Reporting (IR) Framework still relevant amid the increasing convergence of frameworks and standards?
  • June 21, 2024
  • 516 views

Impairment of Investment in Subsidiaries

Investing in subsidiaries is a common practice for many businesses aiming to expand their market presence, diversify operations, or acquire new technology.
  • June 20, 2024
  • 1.1K views

Understanding the Use of Discount Rate in the Assessment of Impairment in Goodwill

Goodwill is an intangible asset that typically arises in the context of business combinations.
  • June 19, 2024
  • 384 views

Redefining Precision: Malaysia’s Unique Arm’s Length Range

In a stride towards aligning the local transfer pricing regulations with the global common approach, Malaysia released revised Transfer Pricing Rules last year (TPR23).
  • May 31, 2024
  • 679 views

Understanding Capital Gains Tax and Real Property Gains Tax

Capital gains tax (CGT) and real property gains tax (RPGT) are forms of taxation that affect both individuals and business taxpayers who derive gain from the sale of capital assets.
  • February 16, 2024
  • 3.5K views

2023 Updates on Global Public Sector Reporting Standards

This article provides updates on the developments in the global standard setting agenda by the International Public Sector Accounting Standards Board (IPSASB) in 2023.
  • January 18, 2024
  • 1.1K views

Guidelines on Requesting Extension for Practice Review Deadlines (Republished)

In the process of practice review, the Practice Review Department (PRD) has encountered many instances where the audit firm (AF)…
  • September 29, 2023
  • 853 views