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Latest News
This section is dedicated to the latest Forvis Mazars news and events as well as information affecting audit, accounting, tax and consultancy in Malaysia.
APAC Payroll Essentials 2025
The APAC Payroll Essentials guidebook by Forvis Mazars helps businesses navigate payroll management across the Asia-Pacific region. It offers key insights into local regulations, workplace norms, registrations, visas, contracts, compensation, benefits, social security, taxes, and termination—providing essential tools for effective and compliant payroll operations.
IFRS 18: key points from the new standard on presentation of financial statements
On 9 April, 2024, the International Accounting Standard Board (IASB) published the new standard IFRS 18 Presentation and Disclosure in Financial Statements aimed at improving the quality of corporate financial reporting.
MFRS 19 Subsidiaries without Public Accountability: Disclosures
MFRS 19 offers a set of alternative disclosure requirements that an entity is permitted to use. This means entities can choose to apply the disclosure requirements outlined in MFRS 19 instead of the disclosure requirements typically found in other MFRS Accounting Standards.
Expansion of scope for Sales Tax AND Service Tax (SST)
Beginning 1 July 2025, Malaysia’s Sales and Service Tax (SST) framework will undergo a significant update aimed at broadening the tax base and ensuring revenue sustainability in the long term.
This expansion marks a key shift in the country's indirect tax landscape — introducing changes that will affect a wider range of business activities, goods, and services.
As the effective date approaches, businesses across all sectors are strongly encouraged to review their tax obligations, understand the scope of the new rules, and begin preparations early to ensure a seamless transition and continued compliance.
This expansion marks a key shift in the country's indirect tax landscape — introducing changes that will affect a wider range of business activities, goods, and services.
As the effective date approaches, businesses across all sectors are strongly encouraged to review their tax obligations, understand the scope of the new rules, and begin preparations early to ensure a seamless transition and continued compliance.
C-suite barometer: Manufacturing sector view
As global uncertainty reshapes the industrial landscape, manufacturers are under increasing pressure to adapt and compete. Yet many leaders remain confident in their growth ambitions. In this shifting environment, strategic agility is becoming a vital asset. Drawing on perspectives from executives in more than 35 countries, this report explores how manufacturing leaders are responding to change and where they are uncovering new opportunities for growth.