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The Malaysian Private Entities Reporting Standards (MPERS) is the new financial reporting framework for private entities issued by the Malaysian Accounting Standards Board (MASB). It
The Malaysian Private Entities Reporting Standards ("MPERS") is the new financial reporting framework for private entities issued by the Malaysian Accounting Standards Board (MASB). It replaces the current Private Entities Reporting Standards (PERS) framework.
Required: Justify with examples the reasons why PERS is needed in the business environment in Malaysia.
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