In Malaysia, formal financial reporting standard setting activities commenced during the early 1970s. A technical committee was formed in 1971 with the remit to act on a letter dated 10 September 1971 sent by Bank Negara to the President of Malaysian Association of Certified Public Accountants (MACPA). MACPA is now known as Malaysia Institutes of Certified Public Accountants (MICPA). It is set up by individuals as a private association in 1958 (Susela, 1999). After an extended hiatus marked by a high level of inactivity, the Malaysian Institute of Accountants (MIA) was approached to develop a standard in 1987. A key development in the regulation of financial reporting in Malaysia transpired in July 1997, when the Financi...
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...adebaugh, L., S. J. Gray, et al. (2006). International Accounting and Multinational Enterprises, Wiley, John & Sons, Incorporated.
Sevin, S., Schroeder, R. and Bhamornsiri, S. (2007). Transparent Financial Disclosure and SFAS No. 142, Managerial Auditing Journal 22(7), 674- 687.
Susela, S. D. (1999). “Interest” and Accounting Standard Setting in Malaysia Accounting, Auditing & Accountability Journal 12(3), 358-387.
Teodori, C. and M. Veneziani (2007). Intangible Assets in Annual Reports: A Disclosure Index (3rd Annual Workshop). European Financial Reporting Research Group - Accounting in Europe, Paris.
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