Concurrent Session 3C

Extensible Business Reporting Language (XBRL): Implementation Challenges

In 2018, Suruhanjaya Syarikat Malaysia (SSM) introduced the Malaysian Business Reporting System (MBRS) – a submission platform based on the eXtensible Business Reporting Language (XBRL) format for the annual submission of Financial Statements and Reports (FS), Annual Return (AR), and Exemption Applications (EA) which are related to the FS and AR applications. This session discusses the implementation challenges and opportunities for companies as they seek to comply with the MBRS.