Malaysia Companies Commission Launches XBRL Project
The Companies Commission of Malaysia (known by its Malay acronym SSM) has officially launched its XBRL initiative for automating the submission of both non-financial and financial information by registered companies. Financial elements include Statement of Comprehensive Income/Income Statement; Statement of Financial Position /Balance Sheet; Statement of Changes in Equity; Cash Flow Statement; and Notes to the financial statements. The system will also collect audit statements. The project is slated for completion by December 2017. You can access the SSM taxonomy here and read a news report about the project here.
