[Interest Rate Reform Published by MASB]

Companies will need to apply the Interest Rate Benchmark Reform beginning on or after 1st January 2020. This reform will be used as an amendment to some specific hedge accounting requirements. Moreover, the amendments also require the companies to provide supplementary information to the investors about their hedging relationships. The notice of issuance is now available on the MASB website.

Want to know more about this amendment? Click the link below to find out more about it:

https://www.3ecpa.com.my/accounting/masb-publishes-interest-rate-benchmark-reform/

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