Abstract: This study examines the impact of MFRS10, MFRS11 and MFRS128 on consolidated financial statements of Malaysian companies by using data from annual reports for the financial years 2012 and 2013.
The objectives of the research are as follows:
- To examine changes in three financial ratios (profitability, liquidity and solvency) after the issuance of the standards;
- To determine the level of disclosure of information concerning consolidation, joint venture and associates before and after the issuance of the standards.
Research Team :
• Dr. Nik Mohamad Zaki Nik Salleh
Institute:
Multimedia University