Besides the compliance of FRS/IFRS/IAS, many Malaysian authorities like Securities Commission, MASB, Bank Negara, etc would require that Malaysian companies adhere strictly to the Ninth Schedule of the Malaysian Companies Act 1965 for preparation of their Financial Statement. Hence, it is important for the readers to have a good and thorough understanding of this particular Ninth Schedule both to enhance the knowledge and also to comply with the Malaysian Companies Act 1965.
Append below the important parts where it relates to Accounts and Audits:-