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MASB TO ISSUE 21 FINANCIAL REPORTING STANDARDS.
(From Bernama The Malaysian National News Agency)
KUALA LUMPUR, April 22 (Bernama) -- The Malaysian Accounting Standards Board (MASB) is finalising 21 financial reporting standards which it intends to issue by November this year.
The move, according to MASB, is expected to bring Malaysia closer to world convergence of financial reporting standards to serve the investing community better through transparent financial reporting.
"MASB targets to issue all the 21 standards by November this year. These standards are expected to be effective from Jan 1, 2006, subject to approval by the board," said MASB executive director Dr Nordin Mohd Zain in a …
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