MFRS 116 Amendments – what does this mean for your accounts?
International Accounting Standards Board The International Accounting Standards Board (IASB) published an amendment to IAS 16 in May 2020, and it became effective for accounting periods that begin on or after January 1, 2022. Malaysian Accounting Standards Board In the meantime, on June 5, 2020, the Malaysian Accounting Standards Board (hereafter referred to as “MASB”) released […]
ISQC 1: Human Resources
人力资源 Para 29 The firm shall establish policies and procedures designed to provide it with reasonable assurance that it has sufficient personnel with the competence, capabilities, and commitment to ethical principles necessary to: 会计师事务所应当制定政策和程序，合理保证拥有足够的具有胜任能力和必要素质并承诺遵守职业道德原则的人员，以： Assignment of Engagement Teams 项目组的委派 Para 30 The firm shall assign responsibility for each engagement to an engagement partner and shall […]
ISQC 1: Acceptance and Continuance of Client Relationships and Specific Engagements
客户关系和具体业务的接受与保持 Para 26 The firm shall establish policies and procedures for the acceptance and continuance of client relationships and specific engagements, designed to provide the firm with reasonable assurance that it will only undertake or continue relationships and engagements where the firm: 会计师事务所应当制定有关客户关系和具体业务接受与保持的政策和程序，以合理保证只有在下列情况下，才能接受或保持客户关系和具体业务： Para 27 Such policies and procedures shall require: 这些政策和程序应当要求： Para 28 The […]
