Scholarlink

The highly prescriptive and technical provisions of MFRS 15–Revenue from Contracts with Customers- represent considerable difference from past period. This in turn calls into question how well Malaysian companies have fared during the process of switching to a complex new reporting regime. Malaysia through the Malaysian Accounting Standards Board (MASB) required for progressively mandatory implementation of the MFRS 15-Revenue from Contracts with Customers progressively since 1 January 2018 for all listed firms in Bursa Malaysia. This paper's goal is to examine how well listed construction businesses on the main Bursa Malaysia market comply with the MFRS 15 disclosure requirement, considering the effect of COVID-19. The checklist implement by study was built based on the condition of MFRS 15 and data was collected from the annual reports of 52 sampled firms from 2019 to 2021. The findings show that the association between the level of compliance was insignificant as some of them failed to comply with the requirement of MFRS 15 pertaining to revenue recognition. According to this report, before Malaysian practices can reach a truly international quality, the performance of the top 52 listed construction businesses needs to improve.

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Compliance to MFRS 15 During Covid-19 Pandemic: Evidence from Malaysia

  • 章节

  • 发表日期：

    2025年

查看全文
  • Nur Nabilah Binti Nazri,
  • Nurin Syahirah Binti Mohd Adi,
  • Adnin Nabilah Binti Arifin,
  • Siti Nur Nadiah Binti Aminuddin,
  • Hartini Binti Jaafar,
  • Mujeeb Saif Mohsen Al-Absy

摘要

The highly prescriptive and technical provisions of MFRS 15–Revenue from Contracts with Customers- represent considerable difference from past period. This in turn calls into question how well Malaysian companies have fared during the process of switching to a complex new reporting regime. Malaysia through the Malaysian Accounting Standards Board (MASB) required for progressively mandatory implementation of the MFRS 15-Revenue from Contracts with Customers progressively since 1 January 2018 for all listed firms in Bursa Malaysia. This paper's goal is to examine how well listed construction businesses on the main Bursa Malaysia market comply with the MFRS 15 disclosure requirement, considering the effect of COVID-19. The checklist implement by study was built based on the condition of MFRS 15 and data was collected from the annual reports of 52 sampled firms from 2019 to 2021. The findings show that the association between the level of compliance was insignificant as some of them failed to comply with the requirement of MFRS 15 pertaining to revenue recognition. According to this report, before Malaysian practices can reach a truly international quality, the performance of the top 52 listed construction businesses needs to improve.