Financial Accounting

Factsheet Series: Preparation of Separate Financial Statements under IAS 27

by THEACCSENSE June 17, 2021January 2, 2023

This article helps you to understand what is separate financial statements in IAS 27 and how does it differ from other types of financial statements.

Financial Accounting

Factsheet Series: Key focus of IAS 10 Events after the Reporting Period

by THEACCSENSE June 16, 2021January 2, 2023

Join us in this article to understand how those events which took place after the reporting period may affects the numbers reported in the financial statements.

IFRIC Agenda Decision: IAS 23 Borrowing Costs

Financial Accounting

Analysis of IFRIC Agenda Decision: Over time transfer of constructed good (IAS 23 Borrowing Costs)

by THEACCSENSE June 15, 2021January 2, 2023

This article provides an insights on how IFRIC Agenda Decision on IAS 23 Borrowing Costs effects property players listed in the main market in Malaysia.

Financial Accounting

Transition to MPSAS: Key focus in preparing your MPSAS financial statements

by THEACCSENSE June 12, 2021January 2, 2023

This article discusses the key focus for entities transition to MPSAS. It also touches on the information to be disclosed relating to the transition.

Financial Accounting

Analysis of the financial impact from the initial adoption of MFRS 16 to Malaysian listed companies

by THEACCSENSE June 10, 2021January 2, 2023

A year after the effective date of MFRS 16 – Have you wondered what is the financial impact from the initial adoption of this standard? This Analysis bring to you insights on the financial impact of adopting this standard to 36 Malaysian listed companies in the main market in 6 sectors.

Financial Accounting

Factsheet Series: 10 key takeaways on IAS 29 Financial Reporting in Hyperinflationary Economies

by THEACCSENSE June 8, 2021January 2, 2023

Does your company’s functional currency is the currency of a hyperinflationary economy? Not sure what is a hyperinflationary economy? Or you not sure how to record and report on your financial results? Find out the details in the article.

Financial Accounting

Factsheet Series: 7 key takeaways on IAS 41 Agriculture

by THEACCSENSE June 5, 2021January 2, 2023

Does your company involve in agricultural activities such as raising livestock, fish and poultry, orchards, or floriculture? Find out more from this article on how you should show and record their value to your business.

Financial Accounting

Factsheet Series: 10 key takeaways on IAS 20 Accounting for Government Grants and Disclosure of Government Assistance

by THEACCSENSE June 4, 2021January 2, 2023

We bring to you the accounting requirements in IAS 20 on how to account and what to disclose in relation to government grants and government assistance.