Many companies face accounting difficulties due to the complex accounting rules and rapid changes in existing standards under the Malaysian Financial Reporting Standards (MFRS) and Malaysian Private Entities Reporting Standards (MPERS).

Interpretation of such standards requires a sound knowledge of the standards, understanding the types of transactions being undertaken, the contractual arrangements between the parties, the companies’ business models, and prevailing industry practices.

We are able to assist with technical advice on the interpretation of these standards and assist clients to apply the standards appropriately in the preparation of financial statements.