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Are your financial statements MBRS ready?

Malaysian Business Reporting System (MBRS) Services.

MBRS

About MBRS

On 27 September 2018, Suruhanjaya Syarikat Malaysia (SSM) launched Malaysian Business Reporting System (“MBRS”), a digital submission platform based on eXtensible Business Reporting Language (XBRL). MBRS allows for the digital submission of:

  • Financial Statements (“FS”);
  • Annual Returns (“AR”); and
  • Exemption Applications (“EA”) which relate to FS and AR applications.

Mandatory implementation of Annual Returns, Certificate for Exempt Private Company (EPC) and Unaudited Financial Statements have been made mandatory nationwide based on the implementation schedule below:

Zones

States

Implementation Dates

Central Zone

Kuala Lumpur and Selangor

November 2018

Southern Zone

Negeri Sembilan, Melaka and Johor

January 2019

Eastern Zone

Pahang, Kelantan and Terengganu

January 2019

Northern Zone

Perlis, Perak, Kedah and Pulau Pinang

February 2019

East Malaysia

Sabah, Sarawak and Labuan

March 2019


The mandatory implementation of Financial Statements has yet to be announced by SSM. When implemented, the upcoming implementation of MBRS will have an impact on the annual submissions of your Company’s financial statements to SSM.

MBRS
MBRS

KPMG offers:

MBRS Trainings

MBRS For Preparers – Financial Statements is a 2-day course designed to provide participants with an in depth understanding and knowledge on the filing requirements relating to the preparation and submissions of Financial Statements and Key Financial Indicators to SSM.

For more information on MBRS training, please contact Tashriefah or Nurshameera

Tel: 03-7721 7765/7794
Email:mbrs@kpmg.com.my

Download the e-Flyer.

MBRS Outsourcing Services

KPMG provides hassle-free solutions that will greatly ease your digital transition to MBRS.
For more information on MBRS outsourcing services, please contact Tan Mei Ching or Nur Liyana.

Tel: 03-7721 7827/7692
Email: mbrs@kpmg.com.my

Download the e-Flyer.