MASB issues limited amendments to two Standards

MASB issues limited amendments to two Standards

MASB issues limited amendments to two Standards On 16 April 2016, the Malaysian Accounting Standards Board (MASB) has issued the following pronouncements: (1) Malaysian Financial Reporting Standards (MFRSs) (i) Disclosure Initiative (Amendments to MFRS 107) (ii) Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to MFRS 112) (2) Financial Reporting Standards (FRSs) (i) Disclosure…

Director of 3E Accounting, interviewed by Channel NewsAsia for TAFEP Exemplary Employer Award

Interview with Channel NewsAsia

Interview with Channel NewsAsia Partner of 3E Accounting Malaysia, was recently honoured to be interviewed by Channel NewsAsia upon receiving the TAFEP Exemplary Employer Award 2016 in Singapore. TAFEP Exemplary Employer Award recognises exemplary organisations that have effectively implemented fair, responsible and progressive employment practices. 3E Accounting is proud to be one of the exemplary organisations…

Annual Declaration by a Limited Liability Partnership ("LLP")

Annual Declaration by a Limited Liability Partnership (“LLP”)

Annual Declaration by a Limited Liability Partnership (“LLP”) The Companies Commission of Malaysia (“SSM”) had, on 29 February 2016, issued Practice Note No. 1/2016 “Limited Liability Partnerships Act 2012 – Requirements Relating to the Lodgement of Annual Declaration by a Limited Liability Partnership (“LLP”)“. This Practice Note serves to clarify on the areas below: Time…

Malaysia Main Market and Ace Market

Amendments to Main Market and Ace Market Listing Requirements

Amendments to Main Market and Ace Market Listing Requirements The Bursa Malaysia Securities Berhad (“Bursa Malaysia”) had, on 24 March 2016, issued amendments to the Main Market Listing Requirements (“Main LR”) and ACE Market Listing Requirements (“ACE LR”) (collectively referred to as the “LR”) relating to the following areas together with the relevant Questions &…

Youth Housing Scheme (YHS)

Youth Housing Scheme (YHS) announced by YAB Dato ‘Seri Najib Tun Razak, 1st Minister of Finance and the Prime Minister’s Malaysia under Budget 2015 Bank Simpanan Nasional (BSN) as a Development Financial Institution has been appointed to carry out this scheme and is currently in the midst of implementing this smart partnership with Cagamas Berhad…