Financial Reporting
MASB defers IC Interpretation 15 Agreements for the Construction of Real Estate
On 30 Aug 2010, Malaysian Accounting Standards Board (MASB) announced to defer the effective date of IC Interpretation 15 Agreements for the Construction of...
MFRS 9 to result in comprehensive provisioning methods
KUALA LUMPUR: Perbadanan Insurans Deposit Malaysia (PIDM) expects the Malaysian Financial Reporting Standards 9 (MFRS 9), which was implemented on Jan 1, 2018, to...
SC launched 5-year Corporate Governance Blueprint
The Securities Commission Malaysia on 8 July 2011, launched the 5-year Corporate Governance Blueprint, which provides the action plan to raise the standards of...
MASB calls for IAS 41 post-implementation review
In a meeting of National Standard Setters (NSS) in March 2011, the Malaysian Accounting Standards Board (MASB) called for limited amendments to IAS 41...
IASB issued 3 new IFRSs on Consolidation and Joint Venture Arrangements
On 12 May 2012, the International Accounting Standards Board (IASB) issued 3 new IFRSs on accounting for consolidation, joint (venture) arrangements and disclosure of...
IFRS compliant by 2012 in Malaysia is ON
The Malaysian Accounting Standards Board (“MASB”) has, on 28 June 2011, issued MASB Exposure Draft 75 “IFRS-compliant Financial Reporting Standards” (“MASB ED 75”), which...
New IFRS 13 on Fair Value Measurement
On 12 May 2011, the IASB has issued IFRS 13 Fair Value Measurement which replaces the guidance on fair value measurement in existing IFRS...
Another wave of new IFRS standards hitting Malaysia by 2013
In May 2011, the International Accounting Standards Board (IASB) simultaneously issued six IFRSs, five of which relate to consolidation and one on fair value...
Hektar REIT Q3 2010 results & accounting review
Hektar Real Estate Investment Trust (REIT) announced its Q3 2010 results yesterday, with some extracts below:
Cumulative 3 Quarters
Current
Preceding
YTD
YTD
30.9.2010
30.9.2009
%
Revenue
Actual revenue - billing
66,837,205
66,182,580
1.0%
Revenue under FRS 117
1,059,693
-
100%
Total...