Practice Review: Key Findings on “Leadership Responsibilities for Quality within the Audit Firm”

“Leadership Responsibilities for Quality within the Audit Firm” represents the first element for system of quality control as prescribed in the International Standard on Quality Control 1 (ISQC 1).

Risk Management Conference 2021: Navigating Challenges in Unprecedented Times

As the world’s economies continue to grapple with the economic aftereffects of COVID-19, organisations too face unprecedented tumult and uncertainty.

Value-added Services for Members in Public Practice

The professionalism and conduct of our members in public practice, grounded in our core values of integrity and accountability, are imperative in ensuring that accountancy…

Road to Recovery: Government Introduces New Economic Recovery Programme Worth RM20 Billion 

Yesterday, Prime Minister Tan Sri Muhyiddin Yassin announced a new economic recovery programme worth RM20 Billion to curtail the spread of COVID-19…

Malaysian Tax Conference: Rebuilding the Economy Together

The COVID-19 pandemic in the year 2020 cut a swathe through the Malaysian economy, resulting in a health, socioeconomic and humanitarian crisis.

MFRS 3: Purchase Price Allocation in a Business Combination

The article provides an overview on the practical aspects of purchase price allocation (PPA) including how fair values of intangible assets and goodwill are ascertained on a business combination event under MFRS 3.

#CHOOSETOCHALLENGE: Digital Inclusivity

Women Accountancy Leaders Do Double Duty as Tech Champions

Financial Reporting Disclosures: Driving Compliance Towards Better Communication in Financial Reporting

In providing guidance to members on good financial reporting, the Financial Statements Review Committee (FSRC or the Committee) wishes to highlight common deficiencies arising from the review of financial statements of public listed entities for the review period from July 2019 to June 2020.

Transfer Pricing Guidance on COVID-19 Impact – Part 2

This article is a continuation of Part 1 covering guidance on the transfer pricing implications of the COVID-19 pandemic (the Guidance Note) issued by the Organisation for Economic Cooperation and Development (OECD).

Audit Committee Conference 2021

Governance is becoming more complex and challenging in the COVID-19 new normal, as audit committees can surely attest.