Learn More on the Extent of Director Duties Today! Being on the top level of management, directors are usually conferred with a vast range of authority. But it’s best to understand the extent of director duties in Malaysia as not to overstep the boundaries given. In any company, on behalf of the shareholders, a minimum…
Corporate Board Diversity and Why It Matters Home to more than 31 million people, Malaysia is known for its rich and diverse culture. In Malaysia’s corporate scene, diversity in the workplace is somewhat achieved. However, it is far from living its full potential. Diversity, in the context of a workplace, refers to a wide range…
Women as Corporate Directors in Malaysia, Breaking One Cliché at a Time Women are recognised as a pivotal human resource to drive organisations forward and contribute significant growth to the nation’s economy. The corporate board in Malaysia is no longer an exclusive, all-boys club. Women as corporate directors in Malaysia are breaking stereotypes in the…
3E Accounting Founder Lawrence Chai Shortlisted for Digital Accountancy Awards 2020 This year’s Digital Accountancy Forum and Awards will be conducted virtually on 30 September 2020. There are 10 Corporate Award categories and 3 Individual Award categories. 3E Accounting Founder Lawrence Chai has been shortlisted as a Finalist in 2 Awards categories – Young Accountant…
Dear Valued Customers, We would like to kick off September’s exciting updates by wishing all Malaysians a very Happy Malaysia Day! Celebrating the Establishment of the Malaysian Federation This year’s celebrations might be different due to COVID-19, but it is still an occasion to remember. On 16 September, we celebrate the founding of the…
Top Accounting Software in 2020 for Malaysian Companies If you are looking for accounting software, we recommend you first read our previous article on how to choose accounting software in Malaysia. Nevertheless, we’ve made a list of the best accounting software in 2020 that are well-received and praised by the accounting community around the world.…
How to Select the Best Accounting Software in Malaysia? Accounting software makes your financial calculation and analysis easier and more effective. Choosing one can be a hassle though – there already are hundreds of such software in the market today. Unfortunately, not all of them may fit every business’ needs. To make the job easier…
Everything You Need to Know About Invoice Financing in Malaysia Reports and experiences have shown a large increase in invoice financing in Malaysia. More and more companies have been recognizing the benefits of invoice financing. Thus, a lot of P2P financing platforms have extended their services to the same. What is Invoice Financing? Invoice…
Implementation of New Accounting Standards in Malaysia- the MFRS 9 Malaysian Accounting Standards Board issued the MFRS on 17 November 2014. It came into full effect starting 2018, along with the global implementation timeline. The new accounting standards under the MFRS have been expected to bring more accuracy while calculating financial assets, liabilities and other…
Importance of Due Diligence in Disclosing Financial Statements for Company Directors Directors have a lot of responsibilities, and one of the most important ones concerns the financial statements of a firm. They have to disclose and file returns of the company and will have to face criminal sanctions if there are errors in their reports.…