Malaysian Private Entities Reporting Standard (MPERS) Archives | Accountants Today

MFRS and MPERS: Common Issues on Leases

MIA has received various accounting queries on leases through our technical queries facility. In this article, we will be sharing a few more common questions received and the suggested guidance for reference.

June 30, 2026
763 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
4.6K views

Overview of the Third Edition of IFRS for SMEs Accounting Standard

On 27 February 2025, the International Accounting Standards Board (IASB) issued the third edition of the IFRS for SMEs Accounting Standard (the Standard) following its second comprehensive review of the Standard (the Review).

September 30, 2025
9.2K views

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
14.7K views

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
6.7K 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).