Accounting Quarterly Roundup

This Quarterly Roundup is a compilation of key developments related to the financial reporting standards that occurred in the second, third, and fourth quarter of 2022. We provide a roundup of recent changes in the Malaysia financial reporting framework and local regulatory requirements which we believe are important to accounting professionals. This quarterly update also includes a high-level overview of new and revised financial reporting requirements for the financial reporting periods that ended on 31 December 2022 and other accounting and financial reporting matters surrounding the development of the current economic environment.