
PwC Alert (Issue 126): MFRS 16 ‘Leases’
This Alert gives an overview of MFRS 16 and highlights its expected impact on a company’s financial statements as well as discusses the transition to MFRS 16 when the standard becomes effective.
This Alert discusses the recently introduced Diverted Profits Tax and its implications for companies that carry out business in the UK or own real property there, including Malaysian-based multinational companies. It highlights what companies that fall under the ambit of DPT should do to ensure that notification and payment of the tax are done on a timely basis.
PwC Alert is a digest of topical financial and business information for clients and business associates of PwC Malaysia. Whilst every care has been taken in compiling this newsletter, we make no representations or warranty (expressed or implied) about the accuracy, suitability, reliability or completeness of the information for any purpose. PwC Associates Sdn Bhd, its employees and agents accept no liability, and disclaim all responsibility, for the consequences of anyone acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. Recipients should not act upon it without seeking specific professional advice tailored to your circumstances, requirements or needs.
This Alert gives an overview of MFRS 16 and highlights its expected impact on a company’s financial statements as well as discusses the transition to MFRS 16 when the standard becomes effective.
This Alert discusses the key considerations in determining whether computer software qualifies as ‘plant’ with respect to CA claims.
This Alert discusses the Malaysian Private Entities Reporting Standards (“MPERS”), launched on 27 October 2015. It highlights some of the key differences with the Malaysian Financial Reporting Standards (“MFRS”) and the Private Entities Reporting Standards (“PERS”), and analyses the key principles upon first-time...
This Alert talks about MFRS 9, which will replace the existing MFRS 139 “Financial Instruments: Recognition and Measurement” from 1 January 2018.