Understand the newly established International Sustainability Standards Board (”ISSB”) to look at the Sustainability Reporting.
Malaysia Latest News, Opinion and Technical Articles for Accounting, Tax, Finance, Audit and related Technology.
Liabilities with Covenants: Proposed amendments to IAS 1
Latest updates on the proposed narrow-scope amendments to IAS 1 by IASB to clarify on classification of liabilities with covenants.
Ijarah Contract: An Overview of Islamic Lease
Understand what is Ijarah, how it works and the application of this Islamic lease-based contract in Islamic Finance.
IFRIC Tentative Agenda Decision: Demand Deposits with Restriction of Use
IFRIC tentatively decided in its September 2021 meeting that a demand deposit with restriction of use is cash and cash equivalents.
IFRIC Tentative Agenda Decision: Cash Received via Electronic Transfer as Settlement for a Financial Asset
IFRIC tentatively decided that on the accounting treatment for cash received via electronic transfer for settlement of a financial asset.
Leases: Comparison between MPSAS 13, MFRS 16 and Section 20 of MPERS
Comparison on the financial reporting requirements for leases under MPSAS 13, MFRS 16 and Section 20 of MPERS.
IFRIC Agenda Decision: Player Transfer Payments
Understand how a hiring entity accounts for the player transfer payments received from the receiving entity.
An Overview of Mudharabah and Musyarakah Contracts
Overview on the Islamic profit sharing contracts – Mudharabah and Musyarakah in Islamic Finance products.
An Overview of FAS 38: Accounting for Wa’ad, Khiyar and Tahawwut
Explanation of financial accounting requirements for Wa’ad, Khiyar and Tahawwut transactions under AAOIFI FAS 38.
BIS Innovation Hub and Central Banks joins forces to test CBDCs
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa will test central bank digital currencies (CBDCs) for international settlements.