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Download Issue 49.
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Issue 49: August 2005
Impact of new Financial Reporting Standards (FRS)
Issue 49 discusses the business impact of new FRS e.g:
- Volitility of results due to fair values;
- Volitility of results due to vigorous and frequent imparment testings;
- Increased transparency to the market;
- Change in Financial Statement presentation;
- Heighten requirement for information;
- Need for specialist skill;
- The need of board to rise to the challenge; and
- Why Directors need to take immediate and decisive action.
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Note: PwC Alert is a digest of topical financial and business information that was initially published for/distributed to clients and business associates of PwC Malaysia. As part of our knowledge-sharing initiative, we have made the Alerts available for download w.e.f. Issue 49. Whilst every care has been taken to ensure the accuracy of information in this newsletter, we make no representations about the suitability, reliability, timeliness, completeness and accuracy of the information for any purpose. All such information is provided "As Is" without warranty of any kind. Recipients should not act upon it without seeking specific professional advice tailored to your circumstances, requirements or needs.
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