Accounting and Capital Markets Round-Up

March 2024
Hi,

Here are your articles on accounting updates for the month.

For further enquiries, please contact us, the Capital Market & Accounting Advisory Services (CMAAS) team at: my_cmaas@pwc.com
Topical issues to consider when preparing 31 March 2024 MFRS financial statements
In this latest Insights, we discuss the accounting implications of the topical issues that entities with 31 March 2024 year end should consider, such as, geopolitical risk, disclosures relating to inflation and interest rates, impairment of non-financial assets, identifying insurance contract, Global minimum tax, offsetting in the financial statements, climate change and connectivity between sustainability and financial reporting, and accounting items that are often overlooked.
New MFRS effective on or after 1 January 2024
Companies with 31 December 2024 year end are required to adopt a few amendments to the existing MFRS. These amendments, if relevant, are required to be applied in the interim financial statements as well. Read our Snapshot to find out what these amendments are and their potential impacts.
IFRS® Accounting Standards expected to be issued in 2024
Listen to the PwC IFRS Talks for a sneak peak of the two new IFRS Accounting Standards expected to be issued in 2024, IFRS 18 Presentation and Disclosure in Financial Statements and IFRS 19 Subsidiaries without Public Accountability: Disclosures, as well as the standard setting agenda of the International Accounting Standards Board this year.
The Capital Markets & Accounting Advisory Services (CMAAS) team provides solutions on accounting, financial reporting and capital market matters. Talk to us
During these uncertain times, we are committed to continue serving our clients and staying agile in how we respond to their needs. Please visit bit.ly/pwcmy-notice for more information about COVID-19 safeguards at PwC Malaysia, or write to us at my_info@pwc.com if you have any questions or concerns.

© 2024 PwC. All rights reserved. "PricewaterhouseCoopers" and/or "PwC" refers to the individual members of the PricewaterhouseCoopers organisation in Malaysia, each of which is a separate and independent legal entity. Please see www.pwc.com/structure for further details. Read about our commitment to your privacy here.