Registrar of Companies Malaysia Quiz

To serve as an agency to incorporate companies and register businesses as well as to provide company and business information to the public.

To ensure compliance with business registration and corporate legislation through comprehensive enforcement and monitoring activities.

The Financial Reporting Act 1997 defines accounting standards as 'statements of accounting practices used for the preparation of financial statements'.

<p>Companies Act 1965, KLSE Listing Requirements, Securities Commission Revamped Requirement, Financial Reporting Act 1997, and other industry-specific rules and regulations.</p> Signup and view all the answers

<p>The Securities Commission is a statutory body empowered to regulate all matters relating to the securities industry in Malaysia, and it issues guidelines in regulating local listed or unlisted public companies.</p> Signup and view all the answers

<p>The objectives include providing BNM with greater powers to counter future risks to financial stability, increasing consumer protection, promoting competition in the broader financial services sector, and aligning with global trends in financial regulations.</p> Signup and view all the answers

<p>To promote and maintain efficient, secure, and transparent securities and future market, and facilitate the orderly development of an innovative and competitive capital market.</p> Signup and view all the answers

<p>To develop and issue accounting and financial reporting standards in Malaysia.</p> Signup and view all the answers

<p>To oversee the MASB's performance, financial and funding arrangements, and provide initial views on proposed standards and pronouncements.</p> Signup and view all the answers

<p>To regulate, develop, support, and enhance the integrity and status of the accountancy profession while upholding the public interest.</p> Signup and view all the answers