The functions of the FRF as provided under section 4 (1) of the Act:

(a) to oversee the carrying out of the functions of the MASB; and

(b) to perform any other function as the Minister may prescribe by order published in the Gazette.

Without limiting the generality of functions of the FRF in subsection (1), the FRF shall be responsible:

(a) to provide its views to the MASB on any matter which the MASB seeks to undertake or  implement in relation to the MASB’s functions under section 7 of the Act;

(b) to review the performance of the MASB; and

(c) for all financing arrangements for the operations of the MASB, including approving the budget of the  MASB.

MEMBERS OF THE FINANCIAL REPORTING FOUNDATION

The Financial Reporting Foundation (FRF) comprises twelve (12) members who are appointed by the Minister of Finance. Eight (8) of the members are ex-officio representing the Minister of Finance, the Central Bank of Malaysia, the Securities Commission Malaysia, the Audit Oversight Board, the Registrar of Companies, Bursa Malaysia Berhad, the Malaysian Institute of Accountants and the Malaysian Accounting Standards Board. The four (4) other members who possess knowledge and experience in matters of financial accounting and in one or more of the following fields of accountancy, law, business, or finance.

The members are:

 

Members of the FRF Committees are:

Executive Committee

Audit Committee

Nomination Committee

Please click here for the profile of the FRF members.

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The functions of the FRF as provided under section 4 (1) of the Act:

(a) to oversee the carrying out of the functions of the MASB; and

(b) to perform any other function as the Minister may prescribe by order published in the Gazette.

Without limiting the generality of functions of the FRF in subsection (1), the FRF shall be responsible:

(a) to provide its views to the MASB on any matter which the MASB seeks to undertake or  implement in relation to the MASB’s functions under section 7 of the Act;

(b) to review the performance of the MASB; and

(c) for all financing arrangements for the operations of the MASB, including approving the budget of the  MASB.

MEMBERS OF THE FINANCIAL REPORTING FOUNDATION

The Financial Reporting Foundation (FRF) comprises twelve (12) members who are appointed by the Minister of Finance. Eight (8) of the members are ex-officio representing the Minister of Finance, the Central Bank of Malaysia, the Securities Commission Malaysia, the Audit Oversight Board, the Registrar of Companies, Bursa Malaysia Berhad, the Malaysian Institute of Accountants and the Malaysian Accounting Standards Board. The four (4) other members who possess knowledge and experience in matters of financial accounting and in one or more of the following fields of accountancy, law, business, or finance.

The members are:

 

Members of the FRF Committees are:

Executive Committee

Audit Committee

Nomination Committee

Please click here for the profile of the FRF members.

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Malaysian Accounting Standards Board - MASB

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