The globalisation of capital markets and quest for improved foreign direct investments have enhanced harmonisation of financial reporting standards across the world. Hence, on 1 August 2008, the FRF and MASB announced their plan to bring Malaysia to full convergence with International Financial Reporting Standards (IFRSs) by 1 January 2012 as the changeover from Financial Reporting Standards (FRSs) to Malaysian Financial Reporting Standards (MFRSs), equivalent to IFRSs will help place Malaysian businesses on a level playing field with its international counterparts.
The challenge is to keep updated with the changes and new standards that are being released on a regular basis as successful MFRS compliance requires efficient systems and hands-on advisory. Responding to these challenges will take productive time and efforts to be utilised in your core business activities.
How can SALIHIN be of help?
SALIHIN's dedicated professionals leverage on years of experience of IFRSs to provide standardized reporting services, as well as the industry’s highest levels of insight and technical knowledge.
Our IFRS specialists can assist you navigate the complexity of the Standards so you can focus your time and effort on running your business. SALIHIN provides services in the following areas:
Reporting and Compliance
Designing financial reporting system based on MFRSs
Advising on accounting polices based on MFRSs framework
Conducting staff training on MFRSs at your convenience
Our competences and capabilities
Expertise and thought leadership
Our practitioners are recognised expertise in the industry with requisite experience in financial and non-financial reporting skill in areas such as financial capital, human capital, social capital, intellectual capital.
External engagement and collaboration
SALIHIN demonstrate her commitment to integrating reporting through active participation in various initiatives with various national regulatory authorities and professional association like Bursa Malaysia Securities, MIA, MAFA, ACCA, and CPA Australia.
SALIHIN has extensive technical expertise and experience in both Advisory and Assurance delivering engagements across our portfolio of integrated reporting offerings.
SALIHIN has dynamic model that enables leveraging of synergies across our functions of risk advisory services, tax, audit, IT consulting, Sharia and financial advisory services to bring most value to clients
Tools and methodologies
SALIHIN possesses dynamic set of methodologies and tools that are deployed to deliver successful outcomes on client projects.