Malaysian Financial Reporting Standard (MFRS)

Basic Understanding of MFRS 123 Borrowing Costs

Borrowing costs play an important role in financial reporting, particularly for entities involved in significant construction activities or capital investment projects.
  • June 30, 2026
  • 171 views

Browsing Tag

Malaysian Financial Reporting Standard (MFRS)

5 posts

Basic Understanding of MFRS 123 Borrowing Costs

Borrowing costs play an important role in financial reporting, particularly for entities involved in significant construction activities or capital investment projects.
  • June 30, 2026
  • 171 views

Plugging the Gaps in the Audit of Biological Assets (Republished)

Auditors are expected to exercise a high degree of vigilance when conducting the audit of biological assets, an area where subjectivity, judgements and estimates abound.
  • October 8, 2025
  • 4.5K views

Plugging the Gaps in the Audit of Biological Assets

Auditors are expected to exercise a high degree of vigilance when conducting the audit of biological assets, an area where subjectivity, judgements and estimates abound.
  • November 16, 2020
  • 15.9K views

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
  • 16.9K views

A Look at Asset Impairment

Comparison between MPSAS, MFRS and MPERS: Impairment of Assets.
  • October 24, 2018
  • 5.1K views