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1 Form 23 Date April 3, 2006, Regular Kind of meeting VA Board Room Where held Members present: Certain, Glen dinning, Hudson, Mathews, Mauro, So snow, Water Members absent: Adm: Baughman, Bourgeois
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What is macan i?
MACAN I stands for Malaysian Accounting Standards Board (MASB) Application No. 1 which relates to the adoption of Financial Reporting Standards (FRS) for Private Entities in Malaysia.
Who is required to file macan i?
All private entities in Malaysia are required to file MACAN I.
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MACAN I can be filled out by following the guidelines provided by the Malaysian Accounting Standards Board.
What is the purpose of macan i?
The purpose of MACAN I is to ensure that private entities in Malaysia adopt Financial Reporting Standards that are in line with international standards.
What information must be reported on macan i?
Information such as financial statements, accounting policies, and notes to the financial statements must be reported on MACAN I.
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