The effective date of the application of this FRSIC CONSENSUS was 1 August 2007. The release of FRSIC Consensus 1 – Determination Of Substantively Enacted Tax Rate For Year Of Assessment 2008 And Thereafter provides guidance, to address use of tax rates w...
The Malaysian Institute of Accountants (MIA) has issued a new FRSIC CONSENSUS on 30 March 2011. The release of FRSIC Consensus 15 – Classification Of A Term Loan That Contains A Repayment On Demand Clause By The Borrower provides guidance, to address the cur...
The Malaysian Institute of Accountants (MIA) has issued a new FRSIC CONSENSUS on 23 March 2011. The release of FRSIC Consensus 14 – Impairment of Investment in Equity Instrument Categorised as Available-for-Sale Financial Asset due to “Significant or P...
An interesting article on implementation of FRS 139 which is going to come into effect on 1 January 2010 in the context of income tax specifically on transfer pricing issue in Malaysia:- “The Star, Wednesday November 11, 2009 FRS 139 and its bearing on trans...
This is an interesting article on IFRS 4 that I have read from the Star newpaper today: “Challenges in implementing new financial reporting standards KPMG Chat The Star, 23 October 2009 By ALEX KHAW FINANCIAL Reporting Standards No. 4 (FRS 4), or IFRS 4 ...