MASB publishes MFRS 107, MFRS 7 amendments on supplier finance arrangements

KUALA LUMPUR: The Malaysian Accounting Standards Board (MASB) has published amendments to the Malaysian Financial Reporting Standards (MFRS) 107 and MFRS 7 to enhance disclosures of supplier finance arrangements.

In a statement today, MASB said it had issued the Supplier Finance Arrangements -- Amendments to MFRS 107 Statement of Cash Flows and MFRS 7 Financial Instruments: Disclosures.