Introduction of two reporting standards:

  1. Malaysian Private Entities Reporting Standard (MPERS); or
  2. Financial Reporting Standard (MFRS)

Referring to the above matters, please take note that effective from year 2017, all financial statement with financial periods started on or after 01/01/2016 is required to be complied with the Malaysian Private Entities Reporting Standard (MPERS) or the Malaysian Financial Reporting Standard (MFRS).

Sir / Madam are reminded to take appropriate steps to ensure that the prepared financial statements provide a true and fair view and comply with the approved standards, which is the MPERS or the MFRS.

For further understanding on MPERS or MFRS, please visit the website as below:

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  1. 马来西亚私营企业财务报告准则(MPERS);或
  2. 马来西亚财务报告准则(MFRS)