Thor & Co

Company trip 2025 - Osaka & Kyoto. There are 4 uninvited guests from Japan in one of the photos. Find them. 😁

MFRS webinar - MFRS/IFRS 18 in practice on 5 November 2025.

MIA e-learning series on MFRS 124 Case Study.

On 28 February 2025, the International Accounting Standards Board (IASB) issued the Third Edition of the IFRS for SMEs Accounting Standard, marking a significant milestone in the evolution of financial reporting for small and medium-sized enterprises (SMEs). Effective from 1 January 2027, this revised standard introduces key enhancements drawn from full IFRS Accounting Standards, while preserving the accessibility and cost-effective application that SMEs depend on.
In response, the Malaysian Accounting Standards Board (MASB) released Exposure Draft 80 in June 2025, proposing to update the Malaysian Private Entities Reporting Standard (MPERS) to fully align with the IFRS for
SMEs (February 2025), with the same effective date of 1 January 2027.

Company trip - Seoul, South Korea from 6/12/2024 to 12/12/2024.

Malaysian Business Reporting System (MBRS). Webinar on 29 November 2024.

The Malaysian Institute of Accountants (MIA), through its Practice Review Department and the Small and Medium Practice Department have designed a special programme for Small & Medium Practitioners (SMPs) to share key
Practice Review findings and address certain pitfalls in carrying out audit assignments. The programme also provides tips to improve quality controls in firms in order to improve their audit quality. Webinar on 21 & 22 October 2024.

The Malaysian government is set to implement
e-invoicing with mandatory implementation for
taxpayers with an annual turnover of more than
RM100m on August 1, 2024; for taxpayers with
turnover of more than RM25 million until RM100
million will be from January 1, 2025; and from July 1, 2025 there will be mandatory implementation for all other taxpayers. Webinar on 19 Sept 2023.

Company trip to Hong Kong and Macau from 2/12/23 to 07/12/23.

Christmas is coming! Hong Kong and Macau we are coming!

Preparation of financial statements in compliance with Malaysian Private Entities Reporting Standard (MPERS) 19 September 2023.