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MBRS Preparers Guide FS

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2K views236 pages

MBRS Preparers Guide FS

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skw.sfchang

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Preparers’ Guide to

MBRS Filing Requirements

Financial Statements and
Key Financial Indicators
1

Preface

This Preparers’ Guide is aimed at readers who are involved in the preparation and filing of
Financial Statements and Key Financial Indicators in eXtensible Business Reporting Language
(“XBRL”) format for purposes of submission to Suruhanjaya Syarikat Malaysia (“SSM”)
through the Malaysian Business Reporting System (“MBRS”) platform in Malaysia. This
document provides detailed guidance on the preparation, validation and filing of Financial
Statements and Key Financial Indicators using the MBRS Preparation Tool (“mTool”) and
MBRS Portal (“mPortal”) in accordance with filing requirements established by SSM.

The intent of this document is specifically for the purpose expressed herein and shall not be
used for any other purpose.

This Preparers’ Guide is prepared by SSM in collaboration with KPMG Management & Risk
Consulting Sdn Bhd (Company No. 150059-H).

The copyrights of this publication is owned by Suruhanjaya Syarikat Malaysia. This publication
is intended for public dissemination and any reference there to, or reproduction in whole or in
part thereof, should be suitably acknowledged.

This publication is released on the terms and understanding that the (1) editor or Suruhanjaya
Syarikat Malaysia (“SSM”) as the publisher, are not construed as giving legal, professional or
other advise or services. (2) No person or entity should rely on the contents of this publication,
without first obtaining advice from another professional person. (3) To the extent permitted by
law, neither SSM nor the editor is responsible for (a) the results of any act or omission by any
person or entity who relied on the whole or any part of this publication; or (b) the completeness
or accuracy of the information contained in this publication. (4) To the extent permitted by law,
the editor and SSM, each of them disclaim all and any liability for the consequences of any act
or omission, including but not limited to any negligent act or omission by any person or entity
who relies on the whole or any part of this publication. (5) Neither the editor nor SSM assumes
any responsibility to inform any person or entity or any matter arising or coming to the notice
of the editor or SSM which may affect or qualify the completeness or accuracy of the
information contained in this book. (6) Paragraph (1) to (5) of this Disclaimer shall prevail over
any representation to the contrary that may be contained in this publication.

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Glossary

This glossary provides explanation of technical terms and abbreviations used in this document.

“CLBG” : Companies Limited by Guarantee.

“EA” : Exemption Applications.

“FC” : Foreign Companies.

“Financial : Generally, financial statements refer to the annual statutory audited

Statements” financial statements of a company. However, in instances where
financial statements are unaudited, reference is then made to the
unaudited financial statements of the company concerned.

“Key Financial : An abridged filing of salient financial information in instances where

Indicators” a reporting entity is exempted from full filing of Financial Statements.

“Labels” : Element Labels.

“Mapping” : Process of matching an item in the Financial Statements to an

element label within the MBRS Template.

“MBRS” : Malaysian Business Reporting System. It is a digital filing platform

developed by SSM to allow companies to digitally file regulatory
submissions of Financial Statements, Exemption Applications and
Annual Returns in accordance with MBRS filing requirements.

“MBRS Preparers’ : Preparers’ Guide to MBRS Filing Requirements – Financial

Guide” Statements and Key Financial Indicators.

“MBRS : A reporting template in excel format created by the MBRS

Template” Preparation Tool according to the respective entry points for MBRS
submissions.

“MFRS” : Malaysian Financial Reporting Standards.

“MPERS” : Malaysian Private Entities Reporting Standards.

“mPortal” : MBRS Portal.

“mTool” : MBRS Preparation Tool.

“SSM” : Suruhanjaya Syarikat Malaysia.

“SSMxT” : SSM Taxonomy - a dictionary which defines specific element labels

for individual data in a set of Financial Statements.

“XBRL” : eXtensible Business Reporting Language. An open international

standard for digital business reporting which is widely used
worldwide.

“XBRL File (Zip : An Instance Document (XML File) generated from MBRS Preparation
File)” Tool (mTool).

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Table of Contents

1 Purpose of the Guide .................................................................................................................... 5

2 Introduction of Malaysian Business Reporting System (“MBRS”) ................................................ 6

3 MBRS Filing Requirements ........................................................................................................... 7

Who Will Be Required to File ................................................................................................ 7

Who Are Exempted from Filing ............................................................................................ 7

Types of Filing ...................................................................................................................... 7

Types of Exemption Filing..................................................................................................... 8

Applicable Financial Periods .................................................................................................. 8

Flowchart Diagram of Filing Process..................................................................................... 8

4 SSM Taxonomy (“SSMxT”) .......................................................................................................... 9

Introduction .......................................................................................................................... 9

Basis of Preparation .............................................................................................................. 9

How to Use SSM Taxonomy (“SSMxT”) .............................................................................. 9

Overview of Taxonomy Structure ..................................................................................... 9

Element Labels ............................................................................................................... 10

Element Labels Documentation ...................................................................................... 10

Reference to Standards .................................................................................................. 11

Changes in Accounting Standards .................................................................................. 11

Guidance on Use of SSM Taxonomy (“SSMxT”) as a Reference Tool ........................... 12

5 Mapping of Principles and Other Important Information ............................................................. 13

Mapping of Element Labels ................................................................................................ 13

One-to-One Concept Mapping ........................................................................................ 14

One-to-Many Concept Mapping ...................................................................................... 14

Many-to-One Concept Mapping ...................................................................................... 15

Mapping to “Others” Concept ....................................................................................... 15

Other Important Information ............................................................................................... 16

Auto-Subtracted Cells ..................................................................................................... 16

Mandatory Items ............................................................................................................ 16

“See Details” Link .......................................................................................................... 17

6 Step-by-Step Detailed Guide ....................................................................................................... 18

Creation of MBRS Template ............................................................................................... 18

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How to Fill MBRS Template ............................................................................................... 18

Financial Statements ...................................................................................................... 19

Key Financial Indicators................................................................................................. 134

Validation and Rectification of Errors ................................................................................ 214

Generation of XBRL File ................................................................................................... 216

Filing Submission of XBRL File to SSM ............................................................................ 217

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1 Purpose of the Guide

The MBRS Preparers’ Guide has been designed to provide detailed guidance on the
preparation, validation and filing of Financial Statements (“FS”) and Key Financial Indicators
(“KFI”) using the MBRS Preparation Tool and MBRS Portal in accordance with filing
requirements established by Suruhanjaya Syarikat Malaysia (“SSM”). It is aimed at assisting
accountants, company secretaries and other preparers of Financial Statements for this specific
purpose.

Preparing a set of Financial Statements using the MBRS Preparation Tool will include installing
and launching the mTool, choosing the type of filing submission, filling filing information, filling
the MBRS Template, validating the MBRS Template, rectifying errors and generating the XBRL
File and finally lodging the XBRL File on the MBRS Portal. This document will provide guidance
in supporting these processes.

This guide assumes that the reader has sound knowledge of the reporting and disclosure
requirements in a set of standard statutory Financial Statements based on requirements of
Malaysian Financial Reporting Standards (“MFRS”), Malaysian Private Entities Reporting
Standards (“MPERS”) and Malaysia’s Companies Act 2016 (“CA 2016”). This document does
not replace or supplement prevailing literature on financial reporting under MFRS and MPERS.

This guide also does not address the technical specifications of the mTool as these are
addressed separately in the MBRS Preparation Tool User Manual. Preparers are advised to
refer to accompanying MBRS literature issued by SSM for additional guidance.

Whilst system validation exists within the mTool, the responsibility of ensuring the accuracy
of Financial Statements or Key Financial Indicators filings in XBRL format to SSM, lies with the
preparer. The MBRS Preparers’ Guide provides the necessary tutorial to facilitate that
responsibility.

This Guide uses the following conventions to indicate requirement levels:

MUST: This word means that the requirement is absolute.
MUST NOT: This word means that the requirement is an absolute prohibition.
SHOULD: This word means that an action is encouraged.
SHOULD NOT: This word means that an action is discouraged.
MAY: This word means that an item is optional.

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2 Introduction of Malaysian Business Reporting System (“MBRS”)

Suruhanjaya Syarikat Malaysia (“SSM”) introduced a digital submission platform based on the
eXtensible Business Reporting Language (“XBRL”) format in 2018. This submission platform
is known as the Malaysian Business Reporting System (“MBRS”) which 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.

The guiding principles behind the MBRS is based on the following regulatory and financial
standards as stated below:

1. Companies Act 2016

2. Applicable Approved Accounting Standards for Financial Statements, namely:
a. Malaysian Financial Reporting Standards (“MFRS”) for public and private reporting
entities.
b. Malaysian Private Entities Reporting Standards (“MPERS”) for private reporting
entities that:
 are not required to prepare or lodge any financial statements under any law
administered by the Securities Commission Malaysia or Bank Negara Malaysia;
and
 are not a subsidiary or associate of, or jointly controlled by an entity which is
required to prepare or lodge any financial statements under any law administered
by Securities Commission Malaysia or Bank Negara Malaysia.

The salient components integral to all MBRS filings pertaining to Financial Statements and Key
Financial Indicators are:

• MBRS Preparation Tool (“mTool”);

• XBRL File which is the output generated by the mTool;
• SSM Taxonomy (SSMxT), which is a dictionary of element labels and its properties that are
embedded within the mTool; and
• MBRS Portal (mPortal).

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3 MBRS Filing Requirements

Who Will Be Required to File

All companies incorporated in Malaysia that are required to submit their annual statutory
Financial Statements to SSM, will now be required to digitally submit these Financial
Statements in XBRL format. Previously, all submissions were in non-digital formats and
transacted over the counter at designated SSM offices. Certain types of companies will have
filing exemptions from this requirement and their exemptions will depend on the set of
established criteria outlined in the next subsection 3.2 “Who Are Exempted from Filing”.

Who Are Exempted from Filing

Banking, Financing and Insurance companies regulated by Bank Negara Malaysia, are
exempted from filing a full set of Financial Statements through MBRS and will instead lodge
their Financial Statements over the counter at SSM offices.

Foreign Companies (“FC”) that are registered under CA2016 will have the following options of
filing their Financial Statements with SSM:

• A full set of Financial Statements for MFRS in XBRL format;

• A full set of Financial Statements for FC in XBRL format, which only requires the filing of
statutory declaration (if approval of Exemption Application 3 [“EA3” - Application to Waive
Lodgement of Financial Statements by Foreign Company], has been approved by SSM); or
• A set of key financial indicators for FC in XBRL format (if approval of Exemption Application
2 [“EA2” - Application for Exemption from Filing Financial Statements in Full XBRL Format],
has been approved by SSM).

Types of Filing

For all companies, other than those exempted under subsection 3.2 “Who Are Exempted From
Filing”, are required to submit a full set of Financial Statements in XBRL format. There are four
(4) types of Financial Statements that may be filed:

• Financial Statements based on MFRS for Public or Private Companies (“FS-MFRS”);

• Financial Statements based on MPERS for Private Companies (“FS-MPERS”);
• Financial Statements based on MFRS for Company Limited by Guarantee (“FS-CLBG”);
and
• Financial Statements for Exempt Private Company, which only requires disclosure of an
Auditor’s Report and Certificate for EPC (“FS-EPC”).

All companies are strictly required to file full sets of Financial Statements unless exempted by
SSM. Exemption Application 2 (Application for Exemption from Filing Financial Statements in
Full XBRL Format), MUST be submitted and approved by SSM before a company is allowed to
submit a KFI in lieu.

There are three (3) types of Key Financial Indicators that may be filed:

• Key Financial Indicators based on MFRS for Public or Private Companies (“KFI-MFRS”);
• Key Financial Indicators based on MPERS for Private Companies (“KFI-MPERS”); and
• Key Financial Indicators based on MFRS for Company Limited by Guarantee (“KFI-CLBG”).

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Types of Exemption Filing

There are a number of available Exemption Applications (“EA”) in relation to the submission of
Financial Statements and Key Financial Indicators through MBRS:

• EA1 - Application for Exemption from Coinciding Foreign Subsidiary Financial Year
End With Holding Company;
• EA2 - Application for Exemption from Filing Financial Statements in Full XBRL
Format;
• EA3 - Application to Waive Lodgement of Financial Statements by Foreign Company;
• EA4A - Application for Relief From Requirements as to Form and Contents of
Directors’ Report;
• EA4B - Application for Relief from Requirements as to Form and Contents of Financial
Statements;
• EA5A - Application for Extension of Time for Circulation of Financial Statements and
Reports;
• EA5B - Application for Extension of Time to Lodge Financial Statements and Reports;
• EA6 - Application for Extension of Time for Holding Annual General Meeting; and
• EA8 - Application to Minister (With Relation to Financial Statements and Reports or
Annual Return).

These EAs must be submitted and approved by SSM prior to the filing of the relevant Financial
Statements or Key Financial Indicators on the MBRS Portal.

Applicable Financial Periods

The MBRS filing requirements will be applicable for companies with statutory financial periods
ending on or after 31 December 2018.

Flowchart Diagram of Filing Process

The following flowchart diagram illustrates the financial statements filing requirements for
companies to MBRS:

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4 SSM Taxonomy (“SSMxT”)

Introduction

Within the context of XBRL reporting, a taxonomy is considered as a dictionary of reporting

labels formulated based on prevailing accounting or regulatory frameworks. A taxonomy
provides authoritative definition to each reporting item and also the inter-relationships between
these reporting items.

The SSM Taxonomy (“SSMxT”) has been created to reflect reporting and disclosure
requirements for Financial Statements based on prevailing regulatory and applicable
accounting standards namely, the Malaysian Financial Reporting Standards, the Malaysian
Private Entity Reporting Standards and Companies Act 2016.

This guide contains background information on the development of SSMxT, its reporting
structure and labels as well as how it should be used as a reference tool for preparation of
Financial Statements and Key Financial Indicators in XBRL format.

Basis of Preparation

The SSMxT was built with reference to selected samples of Financial Statements based on
representative industries with emphasis on National Key Economic Areas (“NKEAs”). Each
element label within the SSM Taxonomy is substantiated by clearly defined definitions that are
referenced to applicable accounting standards and common best practices in financial
reporting.

The taxonomy has been developed by SSM in consultation with key regulatory and professional
bodies in Malaysia. It will be updated regularly in the future should there be requirements to
do so.

How to Use SSM Taxonomy (“SSMxT”)

Overview of Taxonomy Structure

This guide serves to provide guidance on the use of the SSMxT in the filing of Financial
Statements and Exemption Applications relevant to Financial Statements and Key Financial
Indicators filings under MBRS. Guidance on the filing of Annual Returns and Exemption
Applications relevant to Annual Returns filing can be obtained from MBRS Preparers’ Guide for
Annual Returns.

Element labels within SSMxT has been arranged to resemble a set of statutory financial
statements. The SSMxT is accessible in the mTool by clicking on the “XBRL Help” icon at the
top of the mTool templates. The elements label, properties and references will appear on the
right side, as shown in Figure 1.

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Figure 1

Element Labels

The SSMxT contains element labels which matches to corresponding line items within a set
of Financial Statements. Each label contains a description of its definition. Element labels in
the SSMxT are usually longer and more descriptive than line items found in a set of Financial
Statements. The concept of labels within the Taxonomy is important to ensure that matching
line items in the Financial Statements are accurately presented in the MBRS Template.

In the mTool, these labels are referred to as “Element Labels”.

Element Labels Documentation

Element Labels Documentation provides a brief description or interpretation to the element

label. Each element label is defined in “Documentation Labels” in the Help Pane of the mTool.

An example of an Element Labels Documentation is as follows:

Element Label: Trade and Other Current Receivables

Documentation Label: Report the value, as at the reporting date, the aggregate of
current portion of amount billed by the reporting entity to its customers when it
delivers goods or services to them in the ordinary course of business and various forms
of non-trade receivables which do not generally result from the operations of the
business.

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Definitions are available to assist preparers to better understand and differentiate between
each element label to avoid any confusion as to the nature of the element labels concerned.
Preparers should make full use of the SSMxT to ensure that the right element labels are
mapped to the right line items in the Financial Statements.

Reference to Standards

Each element label is referenced to the corresponding applicable accounting standards. These
references are labelled as “Element References” in the mTool and provide the standards and
the relevant paragraph for a particular element label. These may be definitions, disclosures,
common practices and/or examples, in nature.

Figure 2

Changes in Accounting Standards

Due to forthcoming updates on certain Malaysian Financial Reporting Standards (“MFRS”)

namely, MFRS 9, 15 and 16, the Taxonomy provides instructions on the applicability of these
affected standards. It informs preparers on the amended and/or new standard that will
supersede an existing standard, if any, and when such changes will take effect.

Affected standards are highlighted in the footnote section in “Element References”.

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Figure 3

Guidance on Use of SSM Taxonomy (“SSMxT”) as a Reference Tool

Element labels within SSMxT has been arranged to resemble a set of statutory Financial
Statements. Explanatory descriptions are provided for each label which describes the nature
and definition the label concerned. Preparers SHOULD always make reference to the SSMxT
whilst preparing the MBRS Template to ensure the accuracy of mapping between the element
labels in the Taxonomy and the line items in the statutory Financial Statements.

To access SSMxT in the mTool, click on the “XBRL Help” icon at the top of the mTool template.
The elements label, properties and references will then appear on the right side section of the
template.

Figure 4

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5 Mapping of Principles and Other Important Information

Mapping of Element Labels

In creating an MBRS Template from a set of statutory Financial Statements, preparers will
need to map one or more data item in the Financial Statements to a corresponding element
label in the Taxonomy.

It is crucial that preparers have a sound understanding of the mapping concepts that are
explained herein in Section 5.1 to ensure that the preparation of the MBRS Template is done
accurately. In facilitating that understanding, preparers are required to have a good working
knowledge of statutory financial reporting, its concepts and an equally sound understanding of
the relevant disclosure requirements under MFRS and MPERS. For this reason, it is highly
encouraged that preparation of Financial Statements in XBRL format are done by preparers
who meet the abovementioned requirements. It is important to point out that all mapping of
element labels SHOULD also be reviewed for accuracy before submission.

Figure 5 provides an illustration of how financial information within a company’s Financial

Statements are mapped to the relevant element labels within the Taxonomy. Mapping rules
that preparers MUST consider in their mapping are also detailed in the subsequent
subsections.

SSM Taxonomy

Company Financial Statement

2017 2016
Note RM RM
Assets
Property, plant and equipment 3 661,201 312,218
Investment properties 4 7,503,139 7,661,515
Investment in a subsidiary 5 - 117,750
Intangible assets 6 140,000 140,000
Deferred tax assets 7 554,356 302,378
Total non-current assets 8,858,696 8,533,861

Inventories 8 90,890,172 83,287,797

Trade and other receivables 9 177,018,248 144,124,920
Prepayments 226,886 212,872
Available-for-sale financial assets 10 463,223 464,884
Cash and cash equivalents 11 27,103,135 41,395,436
Total current assets 295,701,664 269,485,909
Total assets 304,560,360 278,297,576

Figure 5

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One-to-One Concept Mapping

In this concept, as shown in Figure 6, line items within the Financial Statements are mapped
to the element labels within the Taxonomy in a simple one-to-one mapping. This is because
the line items in questions are equivalent to the element labels presented in the Taxonomy.

SSM Taxonomy

Figure 6

One-to-Many Concept Mapping

This concept occurs when a certain line item within the Financial Statements involves an
aggregation of two or more element labels within the Taxonomy. In such instances, the
preparer MUST submit details of the aggregation in the MBRS Template. These breakdowns
may be disclosed in one of two ways. Firstly, in separate reporting templates provided in the
MBRS Template – there are two, the Sub-Classification of Assets, Liabilities and Equity, By
Current/Non-Current Method supporting the Statement of Financial Position and the Analysis
of Profit or Loss, by Function of Expense supporting the Statement of Profit or Loss. Secondly,
disclosures may be done as a footnote accompanying the affected element labels in the
Financial Statements in XBRL format. When there are a number of taxonomy concepts that
have definitions consistent with a line item in the company Financial Statements, preparers
SHOULD use the concept with the closest association.

As shown in Figure 7 is an example of one-to-many concept mapping.

SSM Taxonomy – Sub-classification

Figure 7

Preparers should endeavour to disclose as much details of the aggregation as possible. There
may be instances where such details may not be available in the Financial Statements. As an
example in Figure 7, “Plant and Machinery, Tools, Furniture and Equipment” is shown as an

Version 1.0 September 2018

aggregated amount in the Notes to Financial Statements but under the Sub-Classification of
Assets, Liabilities and Equity, additional disclosures are further available under separate sub-
element labels namely, “Machinery” and “Plant and Equipment”. In these circumstances,
further breakdown should be given.

When there is a choice among different concepts in the taxonomy, use the concept with the
most specific reference to the disclosure requirements. Determining whether references
support the definition and are consistent with the presentation of a reported financial
statements, require appropriate accounting knowledge and judgment.

Many-to-One Concept Mapping

Conversely, there may be instances where several line items in the Financial Statements will
need to be combined together and mapped to a single element label in the Taxonomy.
Accordingly, in preparing the MBRS Template, preparers will need to aggregate the values of
the different line items in the Financial Statements to the relevant element label in the
Taxonomy.

SSM Taxonomy

Figure 8

Preparers MUST include a footnote to explain the aggregation that was made. The footnote
can be added through the “Tool Box” function in the MBRS Preparation Tool. Refer to the
MBRS Preparation Tool User Manual for more information on how to create the footnote.

Mapping to “Others” Concept

After exhausting all possible matches within the Taxonomy, any unmatched line items in the
Financial Statements MUST be classified under the “Others” categories in the respective
applicable sections of the MBRS Template. The preparer MUST also include a footnote to
provide a breakdown of what has been classified under ”Others”. All efforts must be taken to
use all available element labels available in the Taxonomy before classifying items as “Others”.

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SSM Taxonomy

Figure 9

Other Important Information

Auto-Subtracted Cells

During preparation of the MBRS Template, preparers need to be aware of cells that are auto-
subtracted or programmed to be subtracted from the subtotals or totals. As shown in Figure
10, there will be a pre-set indication on the labels that a particular line item has been
programmed to be subtracted from the subtotal or total figure.

Figure 10

As a caution, preparers MUST be careful when they fill in cells that are programmed as auto-
subtract cells. In these circumstances, negative data must be entered without the brackets or
negative symbols. Conversely, for cells not programmed to auto-subtract, a negative value
should be inserted instead.

Mandatory Items

Preparers MUST be aware of mandatory items that are required by SSM to be disclosed in the
MBRS Template. Mandatory items that are required to be disclosed will be marked with red
asterisks on the relevant element labels as shown in Figure 11. If there are no values to be
reported for these mandatory items from the Financial Statements, preparers MUST insert the
figure zero “0” into the cell.

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Figure 11

“See Details” Link

Users will note that there are element labels in the MBRS Template with a “See Details” link
on the far right of the label. These element labels are aggregation cells and are linked to
supporting sub-classification templates that contain further breakdown or analysis of
information or data. Preparers will not be allowed by the system, to input data directly to cells
with such links and all data entry must be done in the sub-classification templates.

As shown in Figure 12, the “See details” link of the “Cash and Cash Equivalents” line item in
the Statement of Financial Position (in the MBRS Template) will direct the preparer to the
relevant breakdown in the Sub-classification of Statement of Financial Position (in the MBRS
Template).

Figure 12

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6 Step-by-Step Detailed Guide

Creation of MBRS Template

From the launch page of the MBRS Preparation Tool, preparers will need to select either one
of three (3) submission types, namely Annual Return, Exemption Application or Financial
Statements. Upon making the necessary selection, preparers will be able to view a “Filing
Information” Window. Preparers will be required to fill in information as outlined in the window
and details filled will determine the type of MBRS Template that will be created.

A step-by-step guide for completing the “Filing Information” Window as well as the full set of
Financial Statements and Key Financial Indicators are covered in Section 6.2.1 and 6.2.2
respectively.

How to Fill MBRS Template

This section provides step-by-step detailed guide along with relevant illustrations on the
preparation of FS and KFI. Throughout this section, the step-by-step guide will be numbered
with a letter and a number according to the filing section as reference, for example, Step A1
details instruction on the filing of a reporting entity’s company registration number in the “Filing
Information” section. Each instruction will then be accompanied by an image for illustration
purposes.

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Financial Statements
Malaysian Financial
Reporting Standards
MBRS Template
19

Financial Statements

6.2.1.1 MFRS

This is a step-by-step guide of how to fill in Financial Statement – Malaysian Financial Reporting
Standards (“FS-MFRS”) MBRS Template.

6.2.1.1.1 General

6.2.1.1.1.1 Filing Information

When a preparer chooses to create an MBRS Financial Statement Template from the mTool,
the program will populate a “Filing Information” window. Preparer needs to fill in all the
mandatory fields. The filing information requires basic information about the company, which
affects the preparation of the Financial Statements. Below are a step-by-step guide and an
illustration of how the “Filing Information” window should be filled.

A1 - Type in the company registration number. This is a mandatory field.

A2 - Type in the full company name. This is a mandatory field.

A3 - Type in the former name of the company, if any. This field should only be filled in if the company has
changed their company name since the last financial year. Leave this field empty if the change has
been reported during the last financial year to SSM or if there are no changes at all.

A4 - Select either “Incorporated in Malaysia” or “Incorporated outside Malaysia” for the origin of the
company.

A5 - Select either “Public company” or “Private company” for the status of the company.

A6 - Select either “Company limited by shares” or “Unlimited shares” for the type of company.

A7 - Select either “First time preparation of financial statements” for a first year financial statement filing
since incorporation, or “Subsequent preparation of financial statements” for a non-first year filing of
financial statements since incorporation.

A8 - Type in the date of company’s current financial year start date or choose the date from the “Calendar”
function.

A9 - Type in the date of company’s current financial year end date or choose the date from the “Calendar”
function.

A10 - Type in the date of company’s previous financial year start date or choose the date from the “Calendar”
function.

A11 - Type in the date of company’s previous financial year end date or choose the date from the “Calendar”
function.

A12 - Select either “Carrying on business activities” or “Not carrying on business activities” for the status
of carrying on business during financial year.

A13 - Select either “Audited” or “Unaudited” for the disclosure of financial statement audit status.

A14 - This field will be blocked if “Audited” was selected for the disclosure of financial statement audit
status. If “Unaudited” was selected instead, select either “Dormant company”, “Zero-revenue
company” or “Threshold-Qualified company”.

A15 - The selection for basis of accounting standards applied in the preparation of the financial statements
will depend on the status and type of company chosen earlier. For FS-MFRS submission, select
“Malaysian Financial Reporting Standards”.

A16 - This field will only be allowed for editing if “Others” was selected at Step A15 for the basis of
accounting standards applied to prepare the financial statements.

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A17 - Select either “KFI-MFRS”, “FS-MFRS” or “FS-EPC”. For FS-MFRS submission, select “FS-MFRS”.

A18 - Select either “Consolidated” or “Separate” for nature of financial statements.

A19 - Select “Malaysian Ringgit (MYR)” for the description of presentation currency.

A20 - Select the description of functional currency from the list of functional currency.

A21 - Select either “Actuals”, “In thousands”, “In millions” or “In Billions” for the level of rounding used in
financial statements.

A22 - Select either “Listed”, “Not-listed” or “Delisted” for the disclosure on whether company’s shares are
traded on any official stock exchange at the financial year ended.

A23 - Select either “Company regulated by Bank Negara Malaysia” or “Company not regulated by Bank
Negara Malaysia” for the disclosure of whether company regulated by Bank Negara Malaysia at the
financial year end.

A24 - Select either “Yes” or “No” for the description on whether company had applied for any exemption,
waiver, relief or extension of time with regards to annual return or financial statements and reports
from Registrar or Minister. This is in regards to whether there are any Exemption Application applied.

A25 - Select either “Current-Noncurrent” or “Order of liquidity” for the method used for preparing Statement
of Financial Position.

A26 - Select either “Function of expense” or “Nature of expense” for the method used for preparing
Statement of Profit or Loss.

A27 - Select either “Before tax” or “After tax” for the method used for preparing Statement of
Comprehensive Income, or “Not prepared” if none was prepared.

A28 - Select either “Direct” or “Indirect” for the method used for preparing Statement of Cash Flows.

A29 - Select either “Yes” or “No” for the disclosure on whether comparative period values are restated.

A30 - Click “Generate Template” to create the MBRS Template.

Version 1.0 September 2018

A1
A2
A3
A4
A5
A6
A7

A8
A9
A10
A11
A12
A13
A14
A15
A16
A17
A18
A19
A20
A21
A22

A23

A24

A25

A26

A27

A28

A29

A30

Figure 13

After filling in the required information, click “Generate Template” and the mTool will start
populating an MBRS Template, unique to the company’s filing requirements. When this is
done, a “Save As” window will prompt as shown in the figure below.

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Figure 14

After saving the document, it will land on the “FI” tab. The “Filing Information” section is
prepared based on information provided during the creation of the MBRS Template. Below is
an illustration of a completed FI.

Figure 15

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Preparers may edit the filing information by clicking on the “Edit Filing Information” link at the
top right of the “Filing Information” tab as shown in Figure 16. A window will prompt enabling
users to make changes.

Figure 16

6.2.1.1.1.2 Scope of Filing

Preparers will next need to fill the “Scope of Filing” tab. The disclosure on scope of filing
contains a number of sections:

• Particulars of Financial Statements and Reports;

• Nature of Business;
• Approved Application from the Registrar or Minister; and
• Changes from Subsequent XBRL Financial Statements.

The first section that must be filled is the “Particulars of Financial Statements and Reports”.
Below are a step-by-step guide and illustration of how it should be filled.

B1 - Double click on the orange cell to populate a calendar window to select the date of financial statements
approved by Board of Directors. After selecting the date, click “Ok”.

B2 - Double click on the orange cell to populate a calendar window to select the date of circulation of
financial statements and reports to members. After selecting the date, click “Ok”.

B3 - This field is mandatory for public companies. Hence, private companies may leave this field blank.
Double click on the orange cell to populate a calendar window to select the date of financial statements
and reports of the directors and auditors status laid in annual general meeting. After selecting the date,
click “Ok”.

B4 - Double click on the orange cell to populate a calendar window to select the date of Statutory
Declaration. After selecting the date, click “Ok”.

B5 - This field is blocked from editing as the data has been entered in “Filing Information” section. Refer
to section 6.2.1.1.1.1 Filing Information on how to amend this information.

B6 - Double click empty cell to populate the dropdown data window. Select either “Companies Act 1965
or 2016” or “Trust Companies Act 1949”.

B7 - This field is blocked from editing as the data has been entered in “Filing Information” section. Refer
to section 6.2.1.1.1.1 Filing Information on how to amend this information.

Version 1.0 September 2018

B4
B5

Figure 17

For the nature of business section, preparers must select a minimum of one and up to three
nature of businesses relevant to the company. If the company has more than three nature of
businesses, the company should select three of its most prominent businesses. Below are a
step-by-step guide and illustration of how this section should be filled.

B8 - Double click on the empty field to populate the option window to select the nature of business.

Figure 18

B9 - Preparer may search the list by typing in a keyword of the company’s nature of business or a specific
MSIC Code for ease of searching. After typing in the keyword or MSIC Code, click “Search”.

B10 - Click on one nature of business to select and then, click “Ok”.

Version 1.0 September 2018

B10

Figure 19

B11 - To select the number of nature of business, click on the “Edit Nature of business” link at the top left
of the nature of business section, as shown in the figure below. It will then populate the option window
to select the number of nature of business.

B11

Figure 20

B12 - Select the number of nature of business required. A minimum or one and a maximum of three can be
selected. After selecting, click “Apply” to save the changes.

B12

Figure 21

The next section is the “Approved Application from the Registrar or Minister”. There is no
need to fill in this section as this section would have been pre-populated from the “Filing
Information” window during the creation of the MBRS Template. Refer to section 6.2.1.1.1.1
Filing Information on how to amend this information. Below is an illustration.

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Figure 22

The last section for Scope of Filing is the “Changes from Subsequent XBRL Financial
Statements”. Preparers must select between “Yes” or “No” for each of the disclosure
described. Below are a step-by-step guide and an illustration on how it should be filled.

B13 - This field is blocked from editing as the data has been entered in “Filing Information” section. Refer
to section 6.2.1.1.1.1 Filing Information on how to amend this information.

B14 - Double click on the empty field and it will populate a dropdown option window. Select either “Yes” or
“No”. After selecting, click on “Select” to save the selection made.

B15 - Double click on the empty field and it will populate a dropdown option window. Select either “Yes” or
“No”. After selecting, click on “Select” to save the selection made.

B16 - Double click on the empty field and it will populate a dropdown option window. Select either “Yes” or
“No”. After selecting, click on “Select” to save the selection made.

B13

B14

B15

B16

Figure 23

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6.2.1.1.2 Disclosures

6.2.1.1.2.1 Disclosure – Involvement in Stock Exchange

The disclosure of involvement in stock exchange is only applicable to listed companies. It is

not mandatory for private companies to fill in this section. It will still be highlighted as
mandatory but private companies should leave these cells blank. During validation, the unfilled
cells will be prompted as “Warning” but private entities will still be allowed to generate the
required MBRS Template regardless. Below are a step-by-step guide and illustration of how it
should be filled.

C1 - Double click on the orange cell to populate a calendar window to select the date of company listed in
Stock Exchange. After selecting the date, click “Ok”.

C2 - Double click on the empty field and it will populate a dropdown option window. Select either “Bursa
Malaysia”, “Bursa Malaysia and foreign stock exchange” or “Listed in foreign stock exchange only”
for type of exchange on which company is listed. After selecting, click on “Select” to save the selection
made.

C3 - Type in the disclosure of foreign stock exchange on which the company is listed.

C4 - Double click on the empty field and it will populate a dropdown option window. Select either “Main
Market”, “ACE Market” or “LEAP Market” for type of market listed in Bursa Malaysia. After selecting,
click on “Select” to save the selection made.

C5 - Double click on the empty field and it will populate a dropdown option window. Select either “REITs”,
“i-ETFs”, “Others” or “Not applicable” for disclosure of securities listing on Shari’ah compliant
Securities list. After selecting, click on “Select” to save the selection made.

C6 - Double click on the empty cell to populate the “Note Textblock” window. Fill in the explanation of
other securities listed on Shari’ah complaint Securities list. Then, click “Save” to save the data filled
in.

C7 - Double click on the orange cell to populate a calendar window to select the date of delisting shares.
After selecting the date, click “Ok”.

C8 - Double click on the empty field and it will populate a dropdown option window. Select either “Bursa
Malaysia”, “Bursa Malaysia and foreign stock exchange” or “Listed in foreign stock exchange only”
for type of exchange on which shares were delisted. After selecting, click on “Select” to save the
selection made.

C9 - Type in the disclosure of foreign stock exchange from which the company is delisted.

C1
C2
C3
C4
C5

C7
C8

Figure 24

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6.2.1.1.2.2 Disclosure – Director’s Report

Preparers need to file the disclosure on Director’s Report in the MBRS Template, which is
similar to the disclosure in a typical set of statutory Financial Statements. Preparers MUST
include a full Director’s Report in the text block and MUST also fill in the subsequent mandatory
fields. However, preparers must note that, if the Director’s Report are signed by two directors,
relevant details of the second signee MUST be provided. Failure to fill in the details of the
second signee will prompt a validation error during the generation of XBRL File. Below is a
step-by-step guide and illustration of how it should be filled.

D1 - Double click on the text block data cell on row 12 to populate the “Note Textblock” window. Fill in the
Director’s report as per the company financial statements and click “Save”. A signed copy of the
Director’s report is not required to be submitted.

Figure 25

D2 - Upon saving the action done in Step D1, it will show as “[Text block added]” on the cell.

D3 - Double click on the empty field and it will populate a dropdown option window. Select either “1” or
“2” for the number of directors signing director’s report. After selecting, click on “Select” to save the
selection made.

D4 - Type in the full name of the first director who signed director’s report.

D5 - Double click on the empty field and it will populate a dropdown option window. Select the type of
identification of the first director who signed director’s report and click “Select” to save the selection
made.

D6 - Type in the identification number of the first director who signed the director’s report. The data typed
in must be a string data. This means that no space or symbol should be added in between the data.

D7 - Type in the full name of the second director who signed director’s report. This field MUST be filled in
if “2” was selected at Step D3.

D8 - Double click on the empty field and it will populate a dropdown option window. Select the type of
identification of the second director who signed director’s report and click “Select” to save the
selection made. This field MUST be filled in if “2” was selected at Step D3.

D9 - Type in the identification number of the second director who signed the director’s report. The data
typed in must be a string data. This means that no space or symbol should be added in between the
data. This field MUST be filled in if “2” was selected at Step D3.

Version 1.0 September 2018

D10 - Double click on the empty field and it will populate a dropdown option window. Select the disclosure
of status of dividend. Then, click “Select” to save the selection.

D11 - Double click on the empty field and it will populate a dropdown option window. Select either “Yes” or
“No” for the disclosure of contingent or other liability being enforceable within twelve months after
the end of the financial year.

D12 - Double click on the empty field and it will populate a dropdown option window. Select either “Yes” or
“No” for the disclosure of occurrence of any substantial, material or unusual in nature items,
transactions or events.

D13 - Double click on the empty field and it will populate a dropdown option window. Select either “Yes” or
“No” for the disclosure of directors received or become entitled to receive other benefits by reason of
contract made by company or related corporation.

D14 - Double click on the orange cell to populate a calendar window to select the date of signing director’s
report. After selecting the date, click “Ok”.

D2
D3
D4

D10
D11

D12

D13

D14

Figure 26

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6.2.1.1.2.3 Disclosure – Statement by Directors

Similar to the disclosure in a typical set of annual Financial Statements, preparers need to file
the disclosure on Statement by Directors in the MBRS Template. Preparers must include the
full Statement by Directors and Statutory Declaration in textblock and MUST also fill in the
subsequent mandatory fields. However, preparers must note that, if the Statement by
Directors are signed by two directors, relevant details of the second signee MUST be provided.
Failure to fill in the details of the second signee will prompt a validation error during the
generation of XBRL File. Below are a step-by-step guide and illustration of how it should be
filled.

E1 - Double click on the text block data cell on row 12 to populate the “Note Textblock” window. Fill in the
Statement by Directors and Statutory Declaration as per the company financial statements and click
“Save”. Upon saving, it will show as “[Text block added]” on the cell.

E2 - Double click on the empty field and it will populate a dropdown option window. Select either “Yes” or
“No” for the disclosure of directors opinion that the financial statements or consolidated financial
statements are drawn up in accordance with approved accounting standards and reflect true and give
true and fair view of financial position and performance of the company and the group. Then, click
“Select” to save the selection made.

E3 - Double click on the empty field and it will populate a dropdown option window. Select either “1” or
“2” for the number of directors signing Statement by Directors. After selecting, click on “Select” to
save the selection made.

E4 - Type in the full name of the first director who signed Statement by Directors.

E5 - Double click on the empty field and it will populate a dropdown option window. Select either “Primarily
responsible for financial management of the company” or “Not primarily responsible for financial
management of the company” for the disclosure whether the first director is also primarily responsible
for financial management of the company.

E6 - Double click on the empty field and it will populate a dropdown option window. Select the type of
identification of the first director who signed Statement by Directors and click “Select” to save the
selection made.

E7 - Type in the identification number of the first director who signed the Statement by Directors. The data
typed in must be a string data. This means that no space or symbol should be added in between the
data.

E8 - Type in the full name of the second director who signed Statement by Directors. This field MUST be
filled in if “2” was selected at Step E3.

E9 - Double click on the empty field and it will populate a dropdown option window. Select either “Primarily
responsible for financial management of the company” or “Not primarily responsible for financial
management of the company” for the disclosure whether the second director is also primarily
responsible for financial management of the company. This field MUST be filled in if “2” was selected
at Step E3.

E10 - Double click on the empty field and it will populate a dropdown option window. Select the type of
identification of the second director who signed Statement by Directors and click “Select” to save the
selection made.

E11 - Type in the identification number of the second director who signed the Statement by Directors. The
data typed in must be a string data. This means that no space or symbol should be added in between
the data.

E12 - Type in the full name of other person primarily responsible for financial management of the company,
if any. Leave this field empty if there is no other person primarily responsible for financial management
of the company.

Version 1.0 September 2018

E13 - Double click on the empty field and it will populate a dropdown option window. Select the type of
identification of the other person primarily responsible for financial management of the company and
click “Select” to save the selection made. This field MUST be filled in only if Step E12 was filled in.

E14 - Type in the identification number of the other person primarily responsible for financial management
of the company. The data typed in must be a string data. This means that no space or symbol should
be added in between the data. This field MUST be filled in only if Step E12 was filled.

E15 - Double click on the orange cell to populate a calendar window to select the date of signing statement
by directors. After selecting the date, click “Ok”.

E1
E2

E3
E4
E5
E6
E7
E8
E9

E10

E11
E12
E13

E14

E15

Figure 27

6.2.1.1.2.4 Disclosure – Director’s Business Review

Disclosure on director’s business review is optional under the CA 2016. Hence, it is not made
mandatory to be disclosed for filing purposes. However, SSM has made it mandatory for
companies to provide their number of employees as of the end of each financial year. Below
are a step-by-step guide and illustration on how it should be filled.

F1 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the disclosure
of statement of directors for business review. Then, click “Save” to save the data filled in. Upon saving,
it will show as “[Text block added]” on the cell. Leave this cell empty if there are no disclosure.

F2 - Double click on the empty field and it will populate a dropdown option window. Select the disclosure
of business review either on environment, employees or social and community issues. And click
“Select” to save the selection. Leave this cell empty if there are no disclosure.

F3 - Type in the number of employees as of the current financial year ended. This field MUST be filled.

Version 1.0 September 2018

Figure 28

6.2.1.1.2.5 Disclosure – Auditor’s Report to Members

Disclosure on auditor’s report is mandatory if the company’s Financial Statements is audited.

Hence, if the preparer has selected “Audited” as the disclosure of audit status while filling in
the “Filing Information”, the mandatory fields MUST be filled as shown in the figure below. A
copy of signed Audited Report MUST be attached on mPortal during the FS filing submission
to SSM on mPortal.

G1 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the disclosure
of auditor’s report to members as per the company financial statements and click “Save”. Upon saving,
it will show as “[Text block added]” on the cell.

G2 - Double click on the empty field and it will populate a dropdown option window. Select the type of
auditor’s opinion. Then, click “Select” to save the selection made.

G3 - Double click on the orange cell to populate a calendar window to select the date of signing auditor’s
report. After selecting the date, click “Ok”.

G4 - Type in the license number of auditor. Insert only the first four digit from the full auditor’s license
number. For example, 0981/99/88(J/PH).

G5 - Type in the full name of auditor signing the report.

G6 - Type in the registration number of audit firm. Insert the full audit firm’s number without spacing. For
example, AF0601.

G7 - Type in the name of audit firm.

G8 - Type in the first address line of the audit firm.

G9 - Type in the second address line of the audit firm, if applicable.

G10 - Type in the third address line of the audit firm, if applicable.

G11 - Type in the postcode of the audit firm’s address. Data typed in MUST be number data. It can be
validated as an error if this cell contains anything other than numbers.

G12 - Type in the town the audit firm is situated in.

G13 - Double click on the empty field and it will populate a dropdown option window. Select the state. Then,
click “Select” to save the selection made.

Version 1.0 September 2018

G1
G2
G3

G6
G7

G8
G9
G10
G11
G12
G13

Figure 29

6.2.1.1.3 Statements

For Statement of Financial Position (“SOFP”), the type of statement that is populated will
either be Statement of Financial Position – Current/Non-current Method or Statement of
Financial Position – Order of Liquidity depending on the information filled in the “Filing
Information” window. The relevant sub-classification will be populated according to either type
of Statement of Financial Position as shown below.

• Statement of Financial Position – Current/Non-current Method and Sub-classification of

Assets, Liabilities and Equity – Current/Non-current Method OR
• Statement of Financial Position – Order of Liquidity and Sub-classification of Assets,
Liabilities and Equity – Order of Liquidity.

Similar for Statement of Profit or Loss (“SOPL”), the type of statement that is populated will
either be Statement of Profit or Loss – by Function of Expense or Statement of Profit or Loss
– by Nature of Expense. The relevant analysis of profit or loss is populated according to either
type of Statement of Profit or Loss as shown below.

• Statement of Profit or Loss – by Function of Expenses and Analysis of Profit or Loss – by

Function of Expenses OR
• Statement of Profit or Loss – by Nature of Expenses and Analysis of Profit or Loss – by
Nature of Expenses.

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And for Statements of Comprehensive Income (“SOCI”) (if applicable) and Statement of Cash
Flows (“SOCF”), either one type of each statement will be populated according to the filing
information provided in the earlier stage.

• Statement of Comprehensive Income – After tax OR

Statement of Comprehensive Income – Before tax;
• Statement of Cash Flows – Direct OR
Statement of Cash Flows – Indirect.

For the purpose of illustration, only one type of the SOFP, SOPL, its respective sub-
classification and analysis of profit or loss, SOCI (if any) and SOCF will be shown below.
Method of preparation and filling in of data should be the same. Only the nature of concepts
will differ.

6.2.1.1.3.1 Statement of Financial Position – Current/Non-current Method

Most of the element labels in the SOFP will be linked to the sub-classification tab for the
purpose of providing breakdowns. The line items in blue are total data, which means that these
are subtotals to the breakdown of element labels in the sub-classification tab and they cannot
be edited.

Below is an illustration of a completed financial position. An illustration of how element labels

are linked to the sub-classification tab will be shown in the next section.

H1 - For fields that are denoted as mandatory, a figure MUST be filled in these fields. Hence, if there are
no figure to be disclosed by the company for these concepts, type in zero (“0”) into the cell.

H2 - For non-mandatory fields, if there are no figures to be disclosed, preparers may leave these fields
empty.

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H1
H2

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Figure 30

As mentioned in section 5.1 Mapping of Element Labels, for many-to-one concept mapping
and mapping of concepts to “Others”, preparer MUST include a footnote to indicate what the
aggregated figures are and what “Others” includes.

6.2.1.1.3.2 Sub-classification of Assets, Liabilities and Equity – Current/Non-current

Method

The element labels in this tab are the breakdowns for corresponding labels in the SOFP. The
breakdown for the element label “Property, plant and equipment” in the sub-classification tab,
is shown in Figure 31. The “See details” link of this concept in the SOFP links to the sub-
classification of total property, plant and equipment and vice versa. Repeat the steps done to
fill in the sub-classification of “Property, plant and equipment”, for the rest of the element
labels in the SOFP.

I1 - At the SOFP tab, click the “See details” link of property, plant and equipment. It will go to the sub-
classification section for property, plant and equipment. Now, move on to the Step I2.

Figure 31

I2 - After clicking the link as per Step I1, it will go to the subtotal cell of property, plant and equipment in
the sub-classification tab. Fill in the sub-classifications of property, plant and equipment, in the cells
above the subtotal row 59.

Version 1.0 September 2018

Figure 32

The blue cells refer to total data which are programmed to auto sum the figures of that
particular breakdown.

After tagging/mapping and filling in all detailed analysis and information on the relevant
concepts, preparers may hide all untagged row using the “Untagged Row” function, to avoid
confusion when revisiting the sub-classification statement. This means that all rows that were
not used will be hidden and only those sub-classifications filled in will be seen. Below is an
illustration of a sub-classification statement after hiding all untagged rows.

Version 1.0 September 2018

Figure 33

And as mentioned in section 5.1 Mapping of Element Labels, for many-to-one concept mapping
and mapping of concepts to “Others”, preparer MUST include a footnote to indicate what the
aggregated figures are and what “Others” includes.

6.2.1.1.3.3 Statement of Profit or Loss – by Function of Expenses

Most of the element labels in the Statement of Profit or Loss will be linked to the Analysis of
Profit or Loss tab for its breakdown. The line items in blue are total data, which are subtotals
to the breakdown of element labels in the Analysis of Profit or Loss tab and they cannot be
edited.

Version 1.0 September 2018

Below is an illustration of a completed Statement of Profit or Loss. An illustration of how

element labels are linked to the Analysis of Profit or Loss will be shown in the next section.

J1 - For fields that are denoted as mandatory, a figure must be filled. Hence, if there are no figure to be
disclosed by the company for these concepts, type in zero (“0”) into the cell.

J2 - For non-mandatory fields, if there are no figures to be disclosed, preparers may leave these fields
empty.

J1
J2

Figure 34

Version 1.0 September 2018

As mentioned in section 5.1 Mapping of Element Labels, for many-to-one concept mapping
and mapping of concepts to “Others”, preparers MUST include a footnote to indicate what the
aggregated figures are and what “Others” includes.

6.2.1.1.3.4 Analysis of Profit or Loss – by Function of Expense

The concepts in this statement are the breakdowns for the element labels in the SOPL. The
breakdown for the element label “Revenue” in the SOPL, is shown in Figure 36. The “See
details” link of this element label in the SOPL links to the breakdowns of “Revenue” in analysis
of profit or loss tab and vice versa. Repeat the steps done to fill in the breakdowns of
“Revenue” for the rest of the element labels in the SOPL.

K1 - At the SOPL tab, click the “See details” link of “Revenue”. It will go to the breakdown section for
revenue. Now, move on to the Step K2.

Figure 35

K2 - After clicking the link as per Step K1, it will go to the subtotal cell of revenue in the analysis of profit or
loss tab. Fill in the breakdowns of revenue in the cells above the subtotal row 60.

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Figure 36

After tagging/mapping and filling in all detailed analysis and information on the relevant element
labels breakdown, preparers may hide all untagged rows using the “Untagged Row” function,
to avoid confusion when revisiting the Analysis of Profit or Loss tab. Below is an illustration of
the Analysis of Profit or Loss tab after hiding all untagged rows.

Figure 37

Version 1.0 September 2018

6.2.1.1.3.5 Statement of Comprehensive Income – Net of Tax

This statement will be pre-populated as part of the template based on information filled at the
“Filing information” section. Below are a step-by-step guide and illustration on how to prepare
Statement of Comprehensive Income (“SOCI”).

L1 - This field is not editable as it is linked to the SOPL tab. The data will need to be fetched from the SOPL
tab. Click on the “See details” link and it will populate an option window that links to the “Profit (loss)”
in the SOPL.

Figure 38

L2 - There is an option to select either “Profit (loss)” figure or “Total profit (loss)” figure. Select either one
of the option and click “Select”.

Figure 39

L3 - Fill in the rest of the disclosure in the statement of comprehensive income as per the FS. If there are
no disclosure to be filled in, leave the non-mandatory fields empty.

L4 - Fill in the comprehensive income attributable to section as per the amount in the FS.

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L3
L4

Figure 40

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6.2.1.1.3.6 Statement of Cash Flows – Indirect Method

For the preparation of Statement of Cash Flow (“SOCF”), fill in the statement as per the FS.
Preparer should note that there are a number of cells that have been programmed to be auto-
subtracted from the subtotals/total in this statement. Refer to section 5.2.1 Auto-subtracted
cells for further information.

After filling in the statement, preparers may hide unused rows by using the “Untagged rows”
function at the tool box for ease of view. Below are a step-by-step guide and an illustration of
how it should be filled.

M1 - After filling in all the adjustments to the profit (loss) before tax, ensure to check that the “Operating
surplus (deficit) before working capital changes” is equal to the figure in the FS.

M2 - After filling in all the cash generated from (used in) operating activities, ensure to check that the “Net
cash flows from (used in) operating activities” is equal to the figure in the FS.

M3 - After filling in all the cash flows from (used in) investing activities, ensure to check that the “Net cash
flows from (used in) investing activities” is equal to the figure in the FS.

M4 - After filling in all the cash flows from (used in) financing activities, ensure to check that the “Net cash
flows from (used in) financing activities” is equal to the figure in the FS.

M5 - Ensure that the “Net increase (decrease) in cash and cash equivalents before effect of exchange rate
changes is equal to the figure in the FS.

M6 - Ensure that the “Cash and cash equivalents at beginning of period” and the “Cash and cash
equivalents at end of period” are equal to the figures in the FS.

Version 1.0 September 2018

M4
M5

Figure 41

6.2.1.1.3.7 Statement of Changes in Equity

Below is the step-by-step guide and illustration on how to prepare Statement of Changes in
Equity (“SOCIE”).

N1 - Click on the “Edit Components of equity” to deselect the components of equity to disclose. It will then
populate an option window.

Figure 42

N2 - Deselect the components of equity which are not reported in the entity’s FS. Click on “Apply” and
changes will be made where only chosen components will be disclosed.

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Figure 43

N3 - Fill in all the relevant disclosures for the current year as per the FS and ensure that the figures are
equal to the FS.

N4 - For the “Equity attributable to owners of parent” column and “Total” column, preparers may use the
“Auto calculate” function in the toolbox to sum up all the figures in these columns. Click on one empty
cell in either one of the column, and click on the “Auto calculate” button.

Figure 44

N5 - Repeat steps N3 and N4 for the disclosure of statement of changes in equity for prior year.

Version 1.0 September 2018

Figure 45

6.2.1.1.4 Notes

The figures disclosed in the primary statements of the MBRS Template need to be exactly as
disclosed in the company’s Financial Statements.

6.2.1.1.4.1 Corporate Information

O1 - Double click on the text block data cell on row 12 to populate the “Note Textblock” window. Fill in the
disclosure of corporate information as per the company financial statements and click “Save”. Upon
saving, it will show as “[Text block added]” on the cell.

Figure 46

O2 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the explanation
of reasons for the restatement of previous financial statements figures and click “Save”. This field
may be left empty as it is not mandatory.

O3 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the explanation
of reasons for the reclassification of previous financial statements figures and click “Save”. This field
may be left empty as it is not mandatory.

Version 1.0 September 2018

O4 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the explanation
of reasons for using longer or shorter reporting period and click “Save”. This field may be left empty
as it is not mandatory.

Figure 47

6.2.1.1.4.2 Summary of Significant Accounting Policies

P1 - Double click on the text block data cell on row 11 to populate the “Note Textblock” window. Fill in the
disclosure of significant accounting policies as per the company financial statements and click “Save”.
Upon saving, it will show as “[Text block added]” on the cell.

Figure 48

P2 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the disclosures
as per the company financial statements and click “Save”. Upon saving, it will show as “[Text block
added]” on the cell.

Version 1.0 September 2018

Figure 49

Version 1.0 September 2018

6.2.1.1.4.3 List of Notes

Similar to Summary of Significant Accounting Policies section, fill in data only for relevant
disclosures made in the company’s Financial Statements.

Q1 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the disclosures
as per the company financial statements and click “Save”. Upon saving, it will show as “[Text block
added]” on the cell.

Figure 50

6.2.1.1.4.4 Issued Capital

R1 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the disclosures
as per the company financial statements and click “Save”. Upon saving, it will show as “[Text block
added]” on the cell.

R2 - Click on the “Edit Classes of share capital” to deselect the components of share capital which are not
reported in the entity’s financial statement.

Figure 51

Version 1.0 September 2018

R3 - Deselect the classes of share capital which are not reported in the entity’s financial statement by
unclicking the checkbox. Then, select “Apply” to apply the selection made. Changes will be made
where only the chosen components will be disclosed.

Figure 52

R4 - Fill in the disclosure of issued capital. Ensure to fill in all the mandatory items.

R5 - “Auto calculate” function in the toolbox can be used to sum up all the figures in the “Total” column.

Figure 53

6.2.1.1.4.5 Related Party Transactions

S1 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the disclosure
of transactions between related parties as per the company financial statements and click “Save”.
Upon saving, it will show as “[Text block added]” on the cell.

Version 1.0 September 2018

S2 - Click on the “Edit Categories of related parties” to deselect the categories of related parties to disclose.
It will then populate an option window.

Figure 54

S3 - Deselect the classes of share capital which are not reported in the entity’s financial statement by
unclicking the checkbox. Then, select “Apply” to apply the selection made. Changes will be made
where only the chosen components will be disclosed.

Figure 55

S4 - Fill in the disclosure of related party transactions. Ensure to fill in all the mandatory items.

S5 - “Auto calculate” function in the toolbox can be used to sum up all the figures in the “Total” column.

Figure 56

Version 1.0 September 2018

6.2.1.1.4.6 Retained Earnings

T1 - Double click on the text block data cell to populate the “Note Textblock” window. Fill in the disclosure
of retained earnings as per the company financial statements and click “Save”. Upon saving, it will
show as “[Text block added]” on the cell.

T2 - Fill in the disclosure of related party transactions. Ensure to fill in all the mandatory items.

Figure 57

Version 1.0 September 2018

Financial Statements
Malaysian Private Entities
Reporting Standards MBRS
Template
55

6.2.1.2 MPERS

This is a step-by-step guide of how to fill in Financial Statement – Malaysian Private Entities
Reporting Standards (“FS-MPERS”) MBRS Template.

6.2.1.2.1 General

6.2.1.2.1.1 Filing Information

When a preparer chooses to create an MBRS Financial Statement Template from the mTool,
the mTool will populate a “Filing Information” window. Preparers need to fill in all the
mandatory fields. The filing information requires basic information about the company, which
affects the preparation of the Financial Statements. Below are a step-by-step guide and an
illustration of how the “Filing Information” window should be filled.

A1 - Type in the company registration number. This is a mandatory field.

A2 - Type in the full company name. This is a mandatory field.

A3 - Type in the former name of the company, if any. This field should only be filled in if the company has
changed their company name since the last financial year financial statement submission to SSM.
Leave this field empty if the change has been reported in the last financial year financial statement
submission to SSM or if there are no changes at all.