Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.]

Listed companies in Malaysia have to adhere to a new standard of segment reporting (MASB 22) for their financial statements beginning on or after 1 January 2002. The reporting and disclosure requirements under MASB 22 are similar, in all material respects, to the requirements under the revised Inte...

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Main Authors:	Wan-Hussin, Wan Nordin, Che-Adam, Noriah, Lode, NorAsma, Kamardin, Hasnah
Format:	Article
Language:	English
Published:	Faculty of Accountancy & Accounting Research Institute (ARI) 2003
Subjects:	Malaysia Balance sheet. Financial statements. Corporation reports. Including pro forma statements
Online Access:	http://ir.uitm.edu.my/id/eprint/13687/ http://ir.uitm.edu.my/id/eprint/13687/1/AJ_WAN%20NORDIN%20WAN-HUSSIN%20MAR%2003.pdf

id	uitm-13687
recordtype	eprints
spelling	uitm-136872016-07-21T07:59:16Z http://ir.uitm.edu.my/id/eprint/13687/ Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.] Wan-Hussin, Wan Nordin Che-Adam, Noriah Lode, NorAsma Kamardin, Hasnah Malaysia Balance sheet. Financial statements. Corporation reports. Including pro forma statements Listed companies in Malaysia have to adhere to a new standard of segment reporting (MASB 22) for their financial statements beginning on or after 1 January 2002. The reporting and disclosure requirements under MASB 22 are similar, in all material respects, to the requirements under the revised International Accounting Standard (IAS) 14. Anticipating that some Malaysian companies might adopt MASB 22 earlier, this study seeks to find out how pervasive is early adoption in Malaysia and the disclosure practices among the early adopters. Based on a sample of 32 early adopters, the findings show that less than half of the companies comply fully with the MASB 22 requirements. The most glaring disclosure deficiency is the failure to disaggregate non-cash expenses other than depreciation and amortisation by reportable segments. Other deficiencies include non-disclosure of capital expenditure and investment in equity method associates by reportable segments, and basis for inter-segment pricing. Faculty of Accountancy & Accounting Research Institute (ARI) 2003 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/13687/1/AJ_WAN%20NORDIN%20WAN-HUSSIN%20MAR%2003.pdf Wan-Hussin, Wan Nordin and Che-Adam, Noriah and Lode, NorAsma and Kamardin, Hasnah (2003) Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.]. Malaysian Accounting Review, 2 (1). pp. 139-152. ISSN 1675-4077
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Malaysia Balance sheet. Financial statements. Corporation reports. Including pro forma statements
spellingShingle	Malaysia Balance sheet. Financial statements. Corporation reports. Including pro forma statements Wan-Hussin, Wan Nordin Che-Adam, Noriah Lode, NorAsma Kamardin, Hasnah Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.]
description	Listed companies in Malaysia have to adhere to a new standard of segment reporting (MASB 22) for their financial statements beginning on or after 1 January 2002. The reporting and disclosure requirements under MASB 22 are similar, in all material respects, to the requirements under the revised International Accounting Standard (IAS) 14. Anticipating that some Malaysian companies might adopt MASB 22 earlier, this study seeks to find out how pervasive is early adoption in Malaysia and the disclosure practices among the early adopters. Based on a sample of 32 early adopters, the findings show that less than half of the companies comply fully with the MASB 22 requirements. The most glaring disclosure deficiency is the failure to disaggregate non-cash expenses other than depreciation and amortisation by reportable segments. Other deficiencies include non-disclosure of capital expenditure and investment in equity method associates by reportable segments, and basis for inter-segment pricing.
format	Article
author	Wan-Hussin, Wan Nordin Che-Adam, Noriah Lode, NorAsma Kamardin, Hasnah
author_facet	Wan-Hussin, Wan Nordin Che-Adam, Noriah Lode, NorAsma Kamardin, Hasnah
author_sort	Wan-Hussin, Wan Nordin
title	Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.]
title_short	Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.]
title_full	Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.]
title_fullStr	Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.]
title_full_unstemmed	Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.]
title_sort	early adoption of masb 22 (segment reporting) by malaysian listed companies / wan nordin wan-hussin … [et al.]
publisher	Faculty of Accountancy & Accounting Research Institute (ARI)
publishDate	2003
url	http://ir.uitm.edu.my/id/eprint/13687/ http://ir.uitm.edu.my/id/eprint/13687/1/AJ_WAN%20NORDIN%20WAN-HUSSIN%20MAR%2003.pdf
first_indexed	2023-09-18T22:50:11Z
last_indexed	2023-09-18T22:50:11Z
_version_	1777417491509673984

Early adoption of MASB 22 (segment reporting) by Malaysian listed companies / Wan Nordin Wan-Hussin … [et al.]

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