Changing Interest Rates Needs Amendments to Financial Reporting Standards As banks worldwide are consistently changing their interest rate benchmark, financial reporting standards are affected as well. As such, the second phase of interest rate benchmark reform amendments will take effect accordingly. The implementation of this shall take effect for financial reporting beginning in January 2021.…
Learn What to Look for When Hiring a Company Secretary Now and Know the Qualities Essential to Your Company’s Operations! Like any position in a company, you cannot just hire at a whim. Much consideration is needed. This is especially so when you are looking to hire a company secretary who will oversee the many…
Learn Which Firms Can Act as Company Secretary Today and Get the Help Along With the Expertise You Need! If you own a registered company in Malaysia, you need a company secretary. There is also an alternative. You hire a firm to have the secretarial role fulfilled. In fact, conventional secretaries may make investments of…
Here Are Reasons to Outsource Company Secretarial Service in Malaysia and How You Will Gain More Over the Conventional Approach You can always hire your own company secretary, but that’s not without risks and challenges. There are just so many things to consider, invest and to filter if you are setting your mind on getting…
3E Accounting Founder Lawrence Chai Invited to Speak at Accounting and Finance Show Asia 3E Accounting Founder Lawrence Chai spoke at Asia’s largest virtual event – Accounting and Finance Show 2020, on how businesses can utilize technology applications to support business continuity for their practices. Lawrence also shared on key strategies and digital transformation initiatives…
Malaysia Recorded an Impressive Foreign Bond Last June, Totalling Up to RM198.9 Billion; the Highest Recorded Net Inflow in Six Years Malaysia’s foreign holdings’ bonds climbed to a massive RM198.9 billion last month, according to Malaysian Rating Corp Bhd (MARC). The foreign bonds have grown by RM11.6 billion; making June 2020 the highest recorded net…
MIDA Accelerates Digital Transformation as Part of Industry 4.0 Initiatives Dynamic re-engineered delivery systems are the key to digital transformation in business for investors. The Malaysian Government is adapting to the new normal by embracing digital transformation in business. The Government is focused on prioritizing faster and efficient digitalization of its delivery services. The Malaysian…
ACCA Accounting and Business Magazine Features 3E Accounting Founder Lawrence Chai 3E Accounting Founder Lawrence Chai was featured in the Association of Chartered Certified Accountants’ (ACCA) Accounting and Business (AB) Magazine. Lawrence shared with ACCA 3E Accounting’s bold decision to expand into Hong Kong and the importance of investing in technology and talent to ensure…
Potential Incorporation of German Businesses in Malaysia: Things to Know The German Chamber ASEAN Business Council (GCABC) is the network of German Businesses among the ASEAN region. Aside from the ASEAN Region, Germans also have business networks around the world. Every two years, they conduct a study, which they publish on AHK World Business Outlook,…
Drafting Malaysia Company Constitutions After the company has formulated its Vision, Goals, Mission, and Objectives, the next step is drafting Malaysia Company Constitutions. It used to be a required documentation prior to the incorporation of the company under the Companies Act 1965 of Malaysia. However, since the Companies Act 2016, it is no longer mandatory.…