The Malaysian Financial Reporting Standards (MFRS) framework was introduced by the Malaysian Accounting Standards Board (MASB) and came into effect on 1 January 2012. It is fully compliant with the International Financial Reporting Standards (IFRS) framework, which enhances the credibility and transparency of financial reporting in Malaysia. ...
MFRS 111 Construction Contracts - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. Okay, let's solve this step-by-step: 1) Value of work certified = RM30 million 2) Total estimated cost = RM130 million 3) % of completion = Value of work certified / Total estimated cost = RM30 million / RM130 million = 23.08% 4) …
Our Story. Established in 1989, Erel LLC, also known as the Erel Group, comprises 10 subsidiaries operating in various industries, including construction, construction materials manufacturing (cement, concrete, concrete mortar, precast, and prefab walls), real estate, geological exploration, mining, energy, banking, and education.