Misc
MFRS 101
Malaysian Financial Reporting Standard 101
Presentation of Financial Statements
This version includes amendments resulting from MFRSs with effective dates no later than 1 January 2012.
Amendments with an effective date later than 1 January 2012 MFRS 101 has been amended by: MFRS 9 Financial Instruments* (IFRS 9 Financial Instruments issued by IASB in November 2009) MFRS 9 Financial Instruments* (IFRS 9 Financial Instruments issued by IASB in October 2010) MFRS 10 Consolidated Financial Statements* MFRS 12 Disclosure of Interests in Other Entities* MFRS 13 Fair Value Measurement* MFRS 119 Employee Benefits* (IAS 19 Employee Benefits as amended by IASB in June 2011) Presentation of Items of Other Comprehensive Income (Amendments to MFRS 101)† Those amendments have an effective date after 1 January 2012 and are therefore not included in this edition.
* †
effective date 1 January 2013 effective date 1 July 2012
353
MFRS 101
CONTENTS paragraphs Preface INTRODUCTION IN1–IN16
MALAYSIAN FINANCIAL REPORTING STANDARD 101 PRESENTATION OF FINANCIAL STATEMENTS
OBJECTIVE SCOPE DEFINITIONS FINANCIAL STATEMENTS Purpose of financial statements Complete set of financial statements General features Fair presentation and compliance with MFRSs Going concern Accrual basis of accounting Materiality and aggregation Offsetting Frequency of reporting Comparative information Consistency of presentation STRUCTURE AND CONTENT Introduction Identification of the financial statements Statement of financial position Information to be presented in the statement of financial position Current/non-current distinction Current assets Current liabilities Information to be presented either in the statement of financial position or in the notes 1 2–6 7–8A 9–46 9 10–14 15–46 15–24 25–26 27–28 29–31 32–35 36–37 38–44 45–46 47–138 47–48 49–53 54–80A 54–59 60–65 66–68 69–76 77–80A
354
©
IFRS Foundation
MFRS 101
Statement of comprehensive income
Malaysian Financial Reporting Standard 101
Presentation of Financial Statements
This version includes amendments resulting from MFRSs with effective dates no later than 1 January 2012.
Amendments with an effective date later than 1 January 2012 MFRS 101 has been amended by: MFRS 9 Financial Instruments* (IFRS 9 Financial Instruments issued by IASB in November 2009) MFRS 9 Financial Instruments* (IFRS 9 Financial Instruments issued by IASB in October 2010) MFRS 10 Consolidated Financial Statements* MFRS 12 Disclosure of Interests in Other Entities* MFRS 13 Fair Value Measurement* MFRS 119 Employee Benefits* (IAS 19 Employee Benefits as amended by IASB in June 2011) Presentation of Items of Other Comprehensive Income (Amendments to MFRS 101)† Those amendments have an effective date after 1 January 2012 and are therefore not included in this edition.
* †
effective date 1 January 2013 effective date 1 July 2012
353
MFRS 101
CONTENTS paragraphs Preface INTRODUCTION IN1–IN16
MALAYSIAN FINANCIAL REPORTING STANDARD 101 PRESENTATION OF FINANCIAL STATEMENTS
OBJECTIVE SCOPE DEFINITIONS FINANCIAL STATEMENTS Purpose of financial statements Complete set of financial statements General features Fair presentation and compliance with MFRSs Going concern Accrual basis of accounting Materiality and aggregation Offsetting Frequency of reporting Comparative information Consistency of presentation STRUCTURE AND CONTENT Introduction Identification of the financial statements Statement of financial position Information to be presented in the statement of financial position Current/non-current distinction Current assets Current liabilities Information to be presented either in the statement of financial position or in the notes 1 2–6 7–8A 9–46 9 10–14 15–46 15–24 25–26 27–28 29–31 32–35 36–37 38–44 45–46 47–138 47–48 49–53 54–80A 54–59 60–65 66–68 69–76 77–80A
354
©
IFRS Foundation
MFRS 101
Statement of comprehensive income
References: Puttable Financial Instruments and Obligations Arising on Liquidation (Amendments to MFRS 132 and MFRS 101 (Amendments to IAS 32 and IAS 1 issued by IASB in February 2008)) Definitions