Consolidated Financial Statements (MFRS Framework), 2nd Edition

Consolidated Financial Statements (MFRS Framework), 2nd Edition

This book is a comprehensive guide to the preparation of consolidated financial statements in Malaysia. It discusses consolidation financial statements in the context of the Malaysian Financial Reporting Standards Framework (MFRS Framework) issued by the Malaysian Accounting Standards Council (MASB) and that are effective as at 1 January 2018.

The major MFRS discussed are MFRS 3 Business Combinations, MFRS 10 Consolidated Financial Statements, MFRS 11 Joint Arrangements, MFRS 12 Disclosures of Interests in Other Entities, MFRS 127 Separate Financial Statements, and MFRS 128 Investments in Associates and Joint Ventures.

This book is written based on many years of teaching, research and practical experience. It adopts a professional approach and is presented in a step-by-step, easy-to-understand style.

This book will be an invaluable source of reference to both accounting practitioners and students in Malaysia.