Outreach Meeting on Revenue

The meeting was to provide an update on the status of the IASB’s Revenue Recognition project and to discuss the mandatory adoption date of the MFRS Framework for real estate transitioning entities. The outreach was attended by 28 participants consisting of preparers, auditors, a regulator and representatives from MIA.

The meeting was chaired by the MASB Chairman, Dato’ Mohammad Faiz Azmi, while MASB Executive Director, Puan Tan Bee Leng presented.