PETALING JAYA: The enhanced auditors’ report (EAR) has spurred constructive behavioural changes within the financial reporting ecosystem and improved engagement between investors and companies in Malaysia.
According to a joint study conducted by the Audit Oversight Board (AOB) of the Securities Commission (SC), the Malaysian Institute of Accountants (MIA) and the Association of Chartered Certified Accountants (ACCA), most users of audit and financial reports regard the EAR as a good tool to help them navigate complex financial statements.