Whatever transaction you are contemplating, and whatever sector you operate in, we’re here to support you, every step of the way.
We work with you and take the time to explore your business. We advise our clients across the deal spectrum to capture value. With a consulting mindset, we solve our clients’ complex accounting and financial reporting issues around deals or other transformational events.
In this Snapshot, we discuss some of the key provisions surrounding the following new amendments (effective on 1 January 2025) which entities with 31 December 2025 year end applying for the first time (if relevant)
Contracts for electricity generated from nature-dependent sources such as wind or solar have become more prevalent in many entities’ carbon mitigation journey. These contracts are often structured as long-dated power purchase agreements ("PPAs") with a unique characteristic that nature-dependent sources determine ...
The MFRS disclosure checklist supports preparers to check the compliance of the December 2024 MFRS financial statements with the MFRS disclosure requirements.
In this Insights, we give an overview of the accounting implications of the following topical issues that companies with 31 December 2024 year end might consider when preparing their MFRS financial statements
Amendments to MFRS 121 ‘The effects of changes in foreign exchange rates’ on lack of exchangeability is the new pronouncement that is effective from 1 January 2025.
This publication provides an illustrative example of a basis of preparation and selected sustainability notes for a company reporting under the IFRS Sustainability Disclosure Standards for the first time.
The International Accounting Standards Board (IASB) published the Exposure Draft on IAS 37 'Provisions, Contingent Liabilities and Contingent Assets', proposing targeted improvements which could lead to earlier recognition of some provisions including levies.
Topical issues to consider when preparing 31 Dec 2024 financial statements.
Kar Wai Siew
Capital Markets and Accounting Advisory Services Leader, PwC Malaysia
Tel: +60 (3) 2173 0740
Tiang Woon Meng
Assurance Partner and Technology, Media and Telecommunications Leader, PwC Malaysia
Tel: +60 (3) 2173 1152
