Harun Kannan Rajagopal, Partner, Financial Accounting Advisory Services, Ernst & Young Consulting Sdn Bhd
MALAYSIAN companies have less than two years to prepare for one of the most significant changes to corporate reporting. Yet many chief financial officers and finance teams may not fully realise what’s coming.
From Jan 1, 2027, Malaysian Financial Reporting Standards (MFRS) 18 will replace the current accounting standard that governs how companies present their financial statements.
