Designed with our clients in mind, our audit and assurance services focus on critical areas and risks that matter most to your business. The ability to manage...
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Designing a tailored audit programme customised for your business, we will combine the collective skill and experience of assurance professionals around the world to deliver an audit that is efficient and provides assurance to your key stakeholders.
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We have adopted Grant Thornton International's Horizon audit approach and Voyager software, a revolutionary paperless audit designed to achieve a consistent standard of audit service.
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MFRS
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Our local experts
Our local experts
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Tax advisory & compliance
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Corporate & individual tax
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International tax & Global mobility services
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
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Indirect tax
Our indirect tax specialists help clients in effective planning; assist to bring clarity to the legislation; assist and advise in audits or investigations. It is important for all entities, whether or not required to register for Sales Tax or Service Tax to analyse the impact of the taxes on their business operations, their revenues and expenses, and their customers and suppliers.
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Tax audit & investigation
Tax audit and investigation
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Transfer pricing
Transfer pricing
As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...
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M&A, Restructuring & Forensics
Forensic
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Whether you are raising capital, disposing of a business or seeking a wider market for your company's shares on a stock market, we are ready to help make it a successful and stress-free experience for you.
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We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
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Recovery and reorganisation
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
ESG and Sustainability Services
Japan Desk in Grant Thornton Malaysia was established in October 2013 to serve as bridge between Malaysia and Japan.
Our expertise in the property industry in ASEAN
Support clients in identifying strategic business or investment partners in China or other region
Our expertise in the retail industry in ASEAN
Our expertise in the technology industry in ASEAN
MFRS
Special Edition on Revenue: September issue
1. September 2014A shift in the top line – the new global revenue standard is here at last
The IASB has published IFRS 15 ‘Revenue from Contracts with Customers’.
IFRS 15:
- replaces IAS 18 ‘Revenue’, IAS 11 ‘Construction Contracts’ and some revenue-related Interpretations
- establishes a new control-based revenue recognition model
- changes the basis for deciding whether revenue is recognised at a point in time or over time
- provides new and more detailed guidance on specific topics
- expands and improves disclosures about revenue.
We have covered the introduction and scope of IFRS 15 in the July 2014 issue, and the details of Five Steps of Revenue Recognition under IFRS 15 were discussed in the August 2014 issue.
In this issue, we will present to you the other topics relevant to IFRS 15, namely:
- Contact costs
- Warranties
- Licensing
- Rights of return and repurchase obligations
- Presentation and disclosures
- Effective date and transition
View full publication here:
Also appears under...