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[Things We Need to Know About The Digital Tax]
Malaysia is going to implement the new service tax starting Jan 1, 2020. The Royal Malaysian Customs Department (RMCD) has set up a...
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Dec 3, 20191 min read
[FASB Makes Deferral Official for Leases, CECL, Hedging and Insurance Standards]
FASB noticed that the ways to access resources, education and technology for different size of organizations will become the obstacles to...
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Nov 29, 20191 min read
[Ways For Audit Committees to Improve Disclosure And Transparency]
Based on the published yearly report, there was an increase in public disclosure but the opportunities for greater transparency still...
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Nov 26, 20191 min read
[MGI Worldwide and CPA Associates International Announced to Merge in 2020]
Merge of both groups aims to create a major global accounting network. CEO of MGI Worldwide, Clive Viegas Bennett believes that this...
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Nov 23, 20191 min read
Turning Malaysia Into A Global Accountancy Hub
Many multinational corporations have chosen Malaysia to house its finance and accountancy hub. The main reasons are ample supply of...
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Nov 15, 20191 min read
In accounting, less information can be more useful
Do you agree about the fact where less information can be more useful in accounting? Curious to know how it works? Click the link to...
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Apr 12, 20191 min read
Would more corporate tax enforcement lead to more lending?
How district-level audit rate associated with the increase in commercial-lending growth? Will more corporate tax enforcement lead to more...
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Apr 9, 20191 min read
In Brief on Accrual Accounting for the Public Sector with Ian Carruthers, Chair of IPSASB
Do you have any idea about accrual accounting for the public sector? Let us have a look from a talk by Ian Carruthers, Chair of The...
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Apr 5, 20191 min read
Voices Minimizing litigation risk in cybersecurity audits
The accounting profession developed a series of standards that minimized the auditor’s exposure in litigation. Want to know how does it...
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Apr 2, 20191 min read
New FASB standard clarifies lease accounting issues
“The changes will ensure a smoother transition to the standard.” What could be the reasons of the changes? Click here to get rid of your...
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Mar 12, 20191 min read
88% of Malaysians Believe That New Fintechs Are as Trustworthy as Traditional Banks
Why new Fintechs has become more trustworthy in the past decades in the eyes of the public? Click here for the result of finding:...
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Mar 5, 20191 min read
IRS finalizes centralized partnership audit regulations
Are you aware about the final regulations issued by the IRS regarding the partnership audit? Wonder how does it affect the partnerships...
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Mar 1, 20191 min read
FASB addresses deferred revenue in business combinations
Any idea on how to recognize a contract liability in a business combination when acquiring organizations? If yes, are you following the...
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Feb 26, 20191 min read
MIA-ACCA Business and Economics outlook 2019 report
Are you interested to know more about MIA-ACCA Business and Economics outlook 2019 report? To know more details:...
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Feb 22, 20191 min read
Reforming the Malaysian Tax Legislation
Malaysian Tax Reform Committee (TRC) is on its way to reform the Malaysian Tax Legislation. Click here to explore more:...
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Feb 19, 20191 min read
New safe-harbor guidance for first-year depreciation deduction for cars
A guidance of new safe harbor method was applied to determine depreciation deductions for passenger automobiles. Click here for more...
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Feb 15, 20191 min read
PCAOB Identifies Key Focus Areas for 2019 Auditor Inspections
Curious about why directors at the Public Company Accounting Oversight Board has initiated a transformational series of projects? Click...
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Feb 12, 20191 min read
Five million pieces of IRS mail went unopened during the shutdown, watchdog says
Internal Revenue Service (IRS) reportedly had to cope with 5 million pieces of unopened mail when its employees returned to work after...
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Feb 8, 20191 min read
Voices Define ‘CPA’
Do you have any idea about Certified Public Accountant? Click the link below to know more: https://www.accountingtoday.com/opinion/define...
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Feb 5, 20191 min read
Comparison between MPSAS, MFRS and MPERS: Intangible assets.
Accounting treatment for intangible assets is different among MFRS, MPSAS, MPERS! Do you realise about that? Have a click to find out...
Admin
Feb 1, 20191 min read
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