Financial Accounting and Reporting in Malaysia, Volume 2 (4th Edition)

This latest edition of Financial Accounting and Reporting in Malaysia is timely, given the significant changes in accounting and reporting in recent years and new accounting standards.

Financial Accounting and Reporting in Malaysia, 4th Edition is an essential guide for those who prepare and present financial reports that are in compliance with the standards. It clearly explains accounting principles while emphasising local practices. This is the first book in the market providing coverage of the new Malaysian Financial Reporting Standards effective 1 January 2012.

The 4th edition packs comprehensive information in two volumes. Volume 1 builds proficiency in accurate reporting in complex areas like fair value estimations and judgement. Volume 2 guides users on implementation issues and requirements of the MFRs in the areas of financial instruments, advanced consolidation principles, disclosures of interests in other entities, and specialised industries.

Features:

• Up-to-date: Includes the latest issues and trends in financial reporting to help users keep pace with the new accounting standards.
• Clarity: Accounting principles are discussed in detail, with emphasis on local practices and how the accounting standards are to be applied in practice. Users are also guided to solve day-to-day issues in applying the standards and ensuring compliance.
• Well-organised Content: Topics are issue-based and principles of the standards are explained in detail with a variety of examples, illustrative questions and answers, and samples of financial statements.
• Statutory Compliance: Readers are given all-rounded understanding of financial reporting as well as Malaysian legislative and listing requirements.