Monday, December 17, 2018
What is MPERS ?
MPERS is the Malaysian Private Entity reporting Standard. It is a subset of the larger International Financial Reporting Standard (IFRS). Every company will provide financial reports like profit and loss, balance sheet, cash flow, and other reports. The question is whether the reports are based on the same things. If every company defines the meaning of the various transactions and reports exactly the same, then the report can be correctly compared. The MPERS made this possible. If one compares the financial report of company A and company B, and both comply to MPERS, the likelihood of us comparing the right numbers is good. It will become a meaningful comparison.
Subscribe to:
Post Comments (Atom)
Your time is gold! Instead of spending time doing things manually, get a system to help you automate your processes, so you can focus on growing your business.
Do you do too many things manually? Your time is gold! Instead of spending time doing things manually, get a system to help you automate yo...
-
OfficeCentral Accounting has been designed to provide you with an easy to use system, but at the same time is able to be used by bigger... -
Do you do too many things manually? Your time is gold! Instead of spending time doing things manually, get a system to help you automate yo... -
Cash is the water that keeps your company alive. And many of entrepreneur will go hit by cash flow problem and the company died a prem...
No comments:
Post a Comment