All About XBRL Filing with SSM-MBRS

For conversion and filing financial statements and annual returns in XBRL format with SSM-MBRS

In 2018, Companies Commission of Malaysia (CCM), commonly known as Suruhanjaya Syarikat Malaysia (SSM) in Malay term, introduced a digital submission platform known as the Malaysian Business Reporting System (“MBRS”) based on the eXtensible Business Reporting Language (“XBRL”) format. This platform allows for the digital annual filings of Financial Statements and Reports (“FS”), Annual Returns(“AR”) and Exemption Applications (“EA”) related to FS and AR applications.

For your benefit we have collated relevant information related to XBRL filing with SSM-MBRS. The information is provided as a guide only and is not professional advice including legal advice.

All about iXBRL

XBRL, abbreviation for eXtensible Business Reporting Language, is an XML-based language for tagging...

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Why ?

Why is XBRL the format in which SSM-MBRS needs financial statements? Learn more about advantages of XBRL...

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Who ?

SSM requires all Malaysia incorporated companies to file their annual returns and financial statements in XBRL...

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All companies are strictly required to file full sets of financial statements unless exempted by SSM...

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Every business entity that is required to file their annual returns must prepare their financial statements...

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Companies have multiple options to consider when it comes to preparing their XBRL reports. The best option...

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