Guidelines on Submission of Working Papers to the Practice Review Department
Advancements in technology and its common availability has led to profound changes in the way audit is being performed, with the majority of audit firms either taking the initiative or being pushed to evolve to embrace new ways of auditing such as data analytics, which has enabled the processing of huge amount of data in an efficient way.
Key Considerations of the Use of Technology during the Observation of Physical Inventory Counting
The outbreak of COVID-19 has certainly accelerated the use of technology in many organisations, including among auditors.
Guidelines on Requesting Extension for Practice Review Deadlines
In the process of practice review, the Practice Review Department (PRD) has encountered many instances where the audit firm (AF) selected for review tends to defer the submission of documents to the PRD without first obtaining approval from the PRD.
The Financial Reporting Implications of COVID-19
The COVID-19 pandemic crisis and its economic effects mean that investors and other stakeholders need high-quality financial information more than ever.
Covid-19: Frequently Asked Questions on Auditing
The varying travel restrictions both locally and abroad that have been set in place following the outbreak of the Coronavirus Disease 2019 (COVID-19) pose new challenges for auditors.
Highlights of the 2020 Economic Stimulus Package
On 27 February 2020, the government announced the 2020 Economic Stimulus Package (ESP) under the theme “Bolstering Confidence, Stimulating Growth & Protecting Jobs”.
Challenges in the Recovery of Technology-based Assets
Along with digital transformation, the use of technology-based assets is gaining momentum.
Malaysian Financial Reporting Standard 16 (MFRS 16) – Leases
What you need to know about MFRS 16 Leases in a nutshell.
Share-Based Payment – A Way to Reward Employees
Application of MFRS 2 on Special Share Plan Issued to Employees in IPO Listing Exercise
MIA NEWS
