eKTP 34

Transition to MPERS
Part 2 of 3


Transition to Malaysian Private Entities Reporting Standard (“MPERS”).

According to Section 3 of MPERS: Financial Statement Presentation, a complete set of MPERS financial statements shall include all of the following:- 

  • Statement of financial position (to replace Balance sheet)

  • Statement of comprehensive income (to replace Income Statement)

  • Statement of changes in equity

  • Statement of Cash flow (to replace Cash flow statement)

  • Notes to the Financial Statements (include summary of significant accounting
    policies and other explanatory information); and comparative information

In next e-KTP of MPERS series, we will share about other comprehensive income.


Please refer to the below link for further details:

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