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accounting
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Accountants Must Fight Corruption
Accountants are in a powerful position because they can decide what should be included or excluded when it comes to financial matters; bad hats can “cook the books” and manipulate financial statements. While this may be legal in some cases, that does not make it right.
Comparison between MPSAS, MPERS and MFRS: Investment Property
In this article, we analyse the accounting treatment for investment property under Malaysian Public Sector Accounting Standard (MPSAS) 16, Malaysian Financial Reporting Standard (MFRS) 140 and Section 16 of Malaysian Private Entities Reporting Standard (MPERS).