Audit fraud occurs when a business is discovered to have fraudulently manipulated financial statements in order to manipulate its...

While generative Artificial Intelligence (AI), such as ChatGPT, has the potential to automate certain tasks for accountants, it is...

“Frauds are designed to avoid detection and are often complex or occur with management collusion,” says Abbey. The complexity of...

The accountancy profession can play a vital role in transforming the world to deliver a more equitable, green and inclusive future. If...

Technology is efficient and effective at helping auditors organize their data and enables more informed and timely decisions. The...

Heading into 2022, accountancy professionals have a unique opportunity to excel. It is the moment to take advantage of industry gaps and...

Adopting artificial intelligence (AI) gives a starting point for analysing data for any unusual transactions documented in the audit plan...

Environmental, social, and governance (ESG) issues could be seen as opportunities to attract more investments and lower their cost of...

Less Complex Entities (LCE) is a term that shows an understanding of focusing on the complexity of an entity rather than its entities’...

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) announced temporary relief measures that will allow...

The accounting profession has seen a tremendous transition from traditional office work to remote work due to the COVID-19 pandemic. In...

Transfer Pricing (TP) risk for Multinasional Enterprises (MNEs) had increased substantially due to additional reporting requirements and...

The COVID-19 pandemic has brought significant impact on auditing not-for-profit financial statements due to uncertain situations....

Capital gains tax (CGT) is the tax that is imposed on profits realised on the sale of an asset such as stocks, bonds, precious metals,...

Digital tools have offered new possibilities for meaningful work for accountancy and finance professionals that will outlast the economic...

The Malaysian Accounting Standards Board (MASB) issued a statement under MFRS 9, Financial Instruments which is related to considerations...

COVID-19 has affected all industries and organizations, and they are now seeing the impact it has on their business especially on the...

A slew of tax incentives has been announced by our honorable Prime Minister under the National Economic Recovery Plan (NERP) that is...

MIA in cooperation with Extol Corporation Sdn. Bhd., an ICT security company recently launched the Industry-wide Electronic Bank...

Companies Commission of Malaysia (SSM) have launched a Company Act 2016 compliance campaign for registered companies in Malaysia from 1st...