Browsing Tag

May June 2021

21 posts

Developing a Technology Adoption Strategy for SMPs

Developing a technology adoption strategy is crucial for SMPs’ future relevance in the evolving digital economy.
  • June 30, 2021
  • 3.4K views

Strengthened Provisions on Inducements

The Revised By-Laws (On Professional Ethics, Conduct and Practice) of the Malaysian Institute of Accountants [Revised By-Laws of MIA] which came into effect on 15 June 2019 made the provision on inducements far more robust.
  • June 30, 2021
  • 1.7K views

Government Unveils Pemulih Aid Package Worth RM150 Billion

Yesterday, Malaysia’s Prime Minister Tan Sri Muhyiddin Yassin announced RM150 billion in economic aid with a fiscal injection of RM10 billion following the extension of the first phase of the National Recovery Plan…
  • June 29, 2021
  • 1.3K views

COVID-19 Financial Reporting Issues for Entities Using MPERS

MIA’s first e-book – the Interactive e-Book of the MIA Illustrative *MPERS Financial Statements, with Commentaries and Guidance Notes (MPERS Interactive e-Book) is especially relevant in the light of the uncertainty caused by the COVID-19…
  • June 29, 2021
  • 3.4K views

COVID-19 Impact on Audits of Entities Applying MPERS

MIA held a panel discussion on the impact of COVID-19 on MPERS financial reporting during the launch of the *MPERS e-book. Tan Khoon Yeow, Partner, Learning & Development, BDO highlighted some issues that auditors should note
  • June 28, 2021
  • 3.8K views

LHDN’s Responses to Appeal for Extension of Time (EOT) and Other Tax Compliance Matters

Further to Circular No 54/2021 and No 66/2021, please be informed that the Institute received  a letter dated 25 June 2021 from the Inland Revenue Board (IRB) on the appeal for extension of time for filing of income tax return forms and tax payments.
  • June 25, 2021
  • 7.2K views

Decisions of the Disciplinary Committee of the MIA

Decisions of the Disciplinary Committee of the Malaysian Institute of Accountants (‘Institute’) against members pursuant to Rule 18(1) of the Malaysian Institute of Accountants (Disciplinary) Rules 2002
  • June 25, 2021
  • 4.2K views

Brief Hearing Procedures in a Disciplinary Proceeding (Part 1)

The proceeding before the Disciplinary Committee (‘the DC’) of the Malaysian Institute of Accountants (‘the Institute’) is governed by the Accountants Act 1967 (‘the Act’) and the Malaysian Institute of Accountants (Disciplinary) Rules 2002 (‘the Rules’).
  • June 22, 2021
  • 1.2K views

COVID-19 and Valuation – Part 2

This is the second and final part of the COVID-19 and Valuation series.
  • June 8, 2021
  • 1.5K 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
  • 3.8K views