Categories: QE UpdatesPublished On: 07/01/2011

Announcement:

Please take note that if a new standard or revision to a standard becomes effective by 31 August in the current year, they will be examinable for the March and September examination in the following year. Facilitators and candidates should take note on the changes made especially to these standards:

StandardTitle
FRS 101Presentation of financial standards (revised)
FRS 3Business Combinations
FRS 7Financial Instruments: Disclosures
FRS 8Operating Segments
FRS 123Borrowing costs
FRS 127Consolidated and separate financial statements

 

However, the other remaining standards which are listed in the syllabus content are also examinable. Please visit the Malaysian Accounting Standards Board website at www.masb.org.my to get further info and latest updates on the standards.

 

Recommended texts:

The latest edition of the Financial Reporting Standards for Malaysia (3rd edition) and Company Accounts and Reporting (7th edition) by Jane Lazar are now available in the market. These two books are based on the recent changes made to the standards mentioned above. Should you be interested to purchase the books please contact MIA Resource Centre at 03-2274 5055 or Email to library@mia.org.my