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…

Code Addressing the Long Association of Personnel With an Audit Client

IESBA Invites Comments on Limited Re-Exposure of Proposed Changes

IESBA Invites Comments on Limited Re-Exposure of Proposed Changes to the Code Addressing the Long Association of Personnel With an Audit Client The International Ethics Standards Board for Accountants (“IESBA”) has, on 4 February 2016, released an Exposure Draft (“ED’) titled “Limited Re-exposure of Proposed Changes to the Code Addressing the Long Association of Personnel…

Accounting Standard for Malaysian SMEs to include latest improvements

Accounting Standard for Malaysian SMEs to include latest improvements

Accounting Standards for Malaysian SMEs to include latest improvements (28 October 2015) The Malaysian Accounting Standards Board (MASB) today issued limited amendments to the Malaysian Private Entities Reporting Standard (MPERS). These amendments shall be effective for annual periods beginning on or after 1 January 2017, but early application is permitted. The most significant change is…

MASB launches Malaysian Private Entities Reporting Standard

MASB launches Malaysian Private Entities Reporting Standard

MASB launches Malaysian Private Entities Reporting Standard (MPERS) (27 October 2015) The Malaysian Accounting Standards Board (MASB) today launched Malaysian Private Entities Reporting Standard (MPERS), the new financial reporting framework for private entities. The MPERS is practically identical to the International Financial Reporting Standards (IFRS) for SMEs set by the International Accounting Standards Board (IASB),…

MITI TO FOCUS ON HUMAN CAPITAL PROGRESS IN 2016

MITI TO FOCUS ON HUMAN CAPITAL PROGRESS IN 2016

6 JANUARY 2016 – MITI TO FOCUS ON HUMAN CAPITAL PROGRESS IN 2016 MITI 2016 to-do list covering national, regional and multilateral level initiatives actually kicked-off the 11th Malaysia Plan (RMK11), working with regulators in different industries/sectors that enables SMEs to grow their business through an enabling environment.   National level Launch of MITI-related documents…