MIA launches first interactive SME financial reporting e-book

THE Malaysian Institute of Accountants (MIA) has rolled out its inaugural e-book as part of its Digital Technology Blueprint implementation plan.

Aptly entitled Illustrative MPERS Financial Statements with Commentaries and Guidance Notes, the e-book reflects MIA’s commitment to continuous self-learning and professional development via digital platforms (MPERS refers to the Malaysian Private Entities Reporting Standard).

The e-book is a digitalised and augmented version of the MIA Illustrative MPERS Financial Statements (with Commentaries and Guidance Notes) which was written by renowned accountancy expert, educator and author Professor Tan Liong Tong.

The original print version was published in 2018 and has been very well-received in the market as well as by the accountancy profession.

“The e-book will be especially relevant in the light of the uncertainty caused by the COVID-19 pandemic which affects every business, including SMEs,” MIA CEO Dr Nurmazilah Mahzan pointed at the recent virtual launch of the e-book.

“COVID-19 has accounting implications for SMEs that are reporting using MPERS, which include impairment of assets, going concern assessment as well as subsequent events.”

In essence, the e-book will be very helpful in guiding both preparers and auditors to understand and accordingly address the impact of these issues on the MPERS financial statements, especially when many entities are reaching their financial year end.

The portable and easily accessible e-book is available on Windows, Android and iOS, and can be accessed from laptops, smartphones and tablets compared to the physical book which is an A4 size format with over 300 pages.

It is also made available as part of MIA’s new e-Library which was launched in July 2020.

To purchase the e-book and access the e-Library, visit https://eknowledge.mia.org.my/mia/index.html. – Jan 19, 2021

 

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