Survey on the transition experience in Malaysia

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The Malaysian Accounting Standards Board (MASB) has released findings of a post-implementation survey of Malaysian companies on its Malaysian Financial Reporting Standards (MFRS) Framework, which are equivalent to International Financial Reporting Standards (IFRSs). The survey considered a number of aspects of transition to, and ongoing compliance with, MFRS and also explored initiatives that the MASB could undertake to ensure continuing implementation of the MFRS Framework.

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