Malaysia has officially entered a new era of corporate reporting with the launch of MBRS 2.0. The Companies Commission of Malaysia (SSM) introduced the enhanced Malaysian Business Reporting System on 25 September, making digital submissions mandatory from 1 December.
An interesting recent article in Accountants Today, from the Malaysian Institute of Accountants, looks at the experience of XBRL adoption in Malaysia from an accounting perspective, and how smaller accounting firms could be supported to overcome the key challenges so far.
In the last quarter, we have reported on the Companies Commission of Malaysia (SSM) adopting XBRL for the annual and financial filings of more than one million companies countrywide through the introduction of the Malaysian Business Reporting System (MBRS). At Data Amplified in Dubai this year we heard from Dato’ Zahrah Abd Wahab Fenner, SSM CEO, and […]
The Companies Commission of Malaysia (known by its Malay acronym SSM) has officially launched its XBRL initiative for automating the submission of both non-financial and financial information by registered companies.
Malaysian Deputy Trade Minister Datuk Chua Tee Yong called for the adoption of Integrated Reporting by businesses in that country.
The Kuwait Capital Market Authority, the Companies Commission of Malaysia (SSM) and DataTracks Limited are the newest members of the XBRL consortium.
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