Issues Committee

Issues Committee

The Malaysian Accounting Standards Board (MASB) established a committee in May 2002 called the Issues Committee to replace its predecessor, the Interpretation Committee. The rationale for the change of name is to reflect the expanded scope of the committee which does not only deal with interpretations of approved accounting standards but also other accounting related issues where there is no existing accounting standard.

The Committee is responsible for reviewing accounting issues that have received or are likely to receive divergent views in interpretation and to provide recommendations to the Board for decision.

The Committee comprises representatives from the accounting profession, commerce, the academia as well as an analyst and a solicitor. The following persons were appointed to the Committee in recognition of their roles in the profession:

• Mr Ng Kim Tuck (MICPA, Representative)
• Mr Ng Meng Kwai (Senior Partner, Deloitte KassimChan)
• Mr Peter Ho (Partner, KPMG)
• Mr Stephen Oong Kee Leong (Partner, Ernst & Young)
• Regina Fikkers (Partner PwC)
• Mr Tang Seng Choon (Partner, BDO Malaysia)
• Encik Jalalullail Othman (Partner, Shook Lin & Bok)
• Encik Mohd Azha Abdul Jalil 
• Mr Chong Kin Leong (Chief Finance Officer, Genting Berhad)
• Ms Ho Say Keng (Company Secretary, YTL Corporation Berhad)
• Dr Lau Chee Kwong (Associate Professor, Business School, University of Nottingham Malaysia Campus)
• Puan Zaiton Mohd Hassan (Managing Director, Capital Intelligence Advisors Sdn Bhd)

Observer representatives from:

• Malaysian Institute of Accountants
• Securities Commission
• Bank Negara Malaysia
• Companies Commission of Malaysia
• Bursa Malaysia Berhad