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. Discuss 2 purposes of MFRS (300 - 400 words) Marks Criteria /5 Introduction of MFRS and development of MFRS. /10 Discussion on purposes 15

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. Discuss 2 purposes of MFRS (300 - 400 words) Marks Criteria /5 Introduction of MFRS and development of MFRS. /10 Discussion on purposes 15 Presentation, Referencing (minimum 5 journal referred and cited at least 3 of them) and language /20 Total Scored b. Have Malaysian Financial Reporting Standards increased financial reporting quality in Malaysia? Para 1 . Discuss how MFRS is related to financial reporting . Discuss the impact of MFRS on financial reporting Para 2 . Support para 1 with MFRS 101, 102, 107 or 116 . Explain how the application of this MFRS affects the quality of financial reporting - Para 3 . Support para 1 with MFRS 101, 102, 107 or 116 . Explain how the application of this MFRS affects the quality of financial reporting

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