TECHNICAL Archives | Page 10 of 11 | Accountants Today | Malaysian Institute of Accountants (MIA)

Comparison between MPSAS, MFRS and MPERS: Intangible Assets

This article analyses the accounting treatment for intangible assets under Malaysian Public Sector Accounting Standard (MPSAS) 31, Malaysian Financial Reporting Standard (MFRS) 138 and Section 18 of Malaysian Private Entities Reporting Standard (MPERS).

December 18, 2018
14.7K views

Root Cause Analysis (RCA) – An Essential Process to Improve Audit Quality?

Audit practitioners must identify the root causes impairing audit quality to ensure the success of their Remedial Action Plan (RAP) under the new Practice Review Framework.

October 24, 2018
6.2K views

Fair Value Accounting in MPERS

Fair Value Accounting issues and challenges in applying MPERS

October 24, 2018
6.8K views

The End of Par Value

Key impacts of Companies Act 2016 on Financial Statements

October 24, 2018
7.8K views

A Look at Asset Impairment

Comparison between MPSAS, MFRS and MPERS: Impairment of Assets.

October 24, 2018
3.7K views

How will MFRS 15 and 16 Affect Tax Reporting?

Two new standards, MFRS 15 – Revenue Recognition and MFRS 16 – Leases, effective from 1 January 2018 and 1 January 2019 respectively, are projected to have significant impact not just on accounting and financial reporting, but also tax reporting.

August 1, 2018
11.0K views

Earnings Stripping Rules – Pros and Cons

The proposed ESR will curb businesses, especially multinationals, from using interest deductions to pare down domestic tax.

August 1, 2018
2.4K views

Property Developers: Transitioning from GST to SST

How will GST changes and the eventual reversion to SST affect the multi-billion ringgit property development and construction sectors?

August 1, 2018
5.2K views

Re-examining Transfer Pricing Documentation

The Inland revenue board malaysia (IRBM) announced new updates to the Transfer Pricing Guidelines 2012, effective from 15 July 2017, which introduced changes to the chapters on Arm’s Length Principle, Intangibles, Commodity Transactions and Documentation. We check out the impacts.