The Financial Accounting & Reporting in Malaysia (FARM) book comes in 2 volumes. The eighth edition of FARM Volume 1 was released in 2022. This eighth edition of FARM 2 has been drafted to incorporate the new and amended MFRSs issued after 31 December 2017 that relate to the more advanced areas of financial reporting and new developments. This edition also discusses the global concern about greenhouse gas emissions and the need for sustainability and climate change reporting.
Key features and inclusions
- new and amended MFRSs, IC Interpretations and Agenda Decisions that relate to financial reporting
- new chapter on Entities in the Supply of Renewal Green Energy
- expansion of the chapter on corporate social responsibility, integrated reporting, sustainability reporting and climate change reporting.
- additional guidance on new IC Interpretations and Amendments to MFRSs issued after 31 December 2017
- enhanced analysis, discussions and examples of actual company practices of specialised industries in Malaysia
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