MFRS Archives | Accountants Today | Malaysian Institute of Accountants (MIA)

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.

March 4, 2021
1.2K views

How to Value a Business

The starting point for business valuation is by analysing an entity’s financial statements, but don’t forget to dig deeper, study qualitative factors and comparative information to piece together a complete picture.

March 1, 2018
1.2K views

Lease Accounting – A New Era

How will MFRS 16 Leases impact the balance sheet and financial statements?

March 1, 2018
1.1K views

Are You Ready for MFRS 15?

How should companies go about applying MFRS 15 Revenue from contracts with customers?

March 1, 2018
1.8K views

Impacts of MFRS 9 Financial Instruments

What do companies need to know about MFRS 9 Financial Instruments?

March 1, 2018
4.7K views

The Future of Financial Reporting

Over the next few years, the landscape of financial reporting will be changing indelibly as new and revised standards are rolled out to paint a more accurate portrait of business entities and activities that are becoming increasingly complex, especially in the digital economy.

March 1, 2018
246 views

Comparison between MPSAS, MPERS and MFRS: Investment Property

In this article, we analyse the accounting treatment for investment property under Malaysian Public Sector Accounting Standard (MPSAS) 16, Malaysian Financial Reporting Standard (MFRS) 140 and Section 16 of Malaysian Private Entities Reporting Standard (MPERS).