Malaysia | TheAccSense

Understand the significant differences on the accounting for employee benefits under MPSAS 25, MFRS 119 and Section 28 of MPERS.

Financial Accounting

Employee Benefits: Comparison between MPSAS 25, MFRS 119 and Section 28 of MPERS

by TheAccSense Team July 21, 2021July 22, 2021

The article discusses the significant differences on the accounting requirements for employee benefits under MPSAS 25, MFRS 119 and Section 28 of MPERS.

Understand how entities account for defined benefit plans for post-employment benefits given to employees.

Financial Accounting

Factsheet Series: Accounting for Defined Benefit Plan

by TheAccSense Team July 19, 2021July 22, 2021

The accounting for employee benefits depends on the benefits provided by the entities.

Financial Accounting

Factsheet Series: Accounting for Employee Benefits

by TheAccSense Team July 16, 2021July 22, 2021

Fair value reflects the price that would be received to sell an asset or paid to transfer a liability.

Financial Accounting

Factsheet Series: IFRS 13 Fair Value Measurement

by TheAccSense Team July 12, 2021July 22, 2021

Assets classified as held for sale requires a different measurement principle and a discontinued operation requires a different presentation and disclosure.

Financial Accounting

Factsheet Series: Assets Held for Sale and Discontinued Operations

by TheAccSense Team July 11, 2021July 22, 2021

Understand how entities prepare their cash flow statement under IAS 7.

Financial Accounting

Factsheet Series: Preparation of Cash Flows Statement in IAS 7

by TheAccSense Team July 8, 2021July 22, 2021

Assets within the scope of IAS 36 need to be assessed for impairment either annually or when there is an indication.

Financial Accounting

Factsheet Series: What is impairment of asset in IAS 36?

by TheAccSense Team July 7, 2021July 22, 2021

Understand who is auditor and what are their roles in the audit of company’s financial statements

Who is Auditor, and what are their Roles, Powers and Duties?

by TheAccSense Team July 3, 2021July 22, 2021

Serba Dinamik has formally appointed EY as Independent Reviewer to assess the accuracy and veracity of the matters highlighted by the former external auditor, KPMG.

Serba Dinamik appoints EY as Independent Reviewer, Scope of work agreed by Bursa

by TheAccSense Team July 2, 2021July 22, 2021

Bursa Malaysia has given a directive to Serba Dinamik to appoint an independent reviewer by 2 July 2021.

Bursa Malaysia directs Serba Dinamik to appoint Independent Reviewer by 2 July 2021, reports directly to Bursa and SC

by TheAccSense Team July 1, 2021July 22, 2021