Malaysian Private Entities Reporting Standard (MPERS)
MPERS: Common Issues on Consolidation
Since the Malaysian Private Entities Reporting Standard (MPERS) became effective in Malaysia in 2015, we have received various accounting queries on consolidation through our technical queries facility…
June 29, 2022
Transitioning to MPSAS
In 2016, the Ministry of Finance issued a letter to all federal statutory bodies (FSBs), encouraging the application of the Malaysian Public Sector Accounting Standards (MPSAS) in their financial statements.
June 4, 2021
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
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
A Look at Asset Impairment
Comparison between MPSAS, MFRS and MPERS: Impairment of Assets.
October 24, 2018
Lessons Learnt from Recent Court Decisions on Transfer Pricing Cases
There have been a series of breathtaking developments in the country’s transfer pricing…
September 27, 2022
MIA Integrated Annual Report 2022
The latest MIA Integrated Annual Report (IAR) 2022 is now available for download on the…
October 5, 2022
Facilitating SDGs with Islamic Finance (Part 1) Malaysia’s Leadership in Sukuk
In its “call to action”, published in August 2022, IFAC asked professional accountancy…
September 12, 2022
CPE Compliance Audit – Are You Prepared?
The year end is fast approaching. As such, this is the time of the year for…