Examining the Adoption of Extensible Business Reporting Language among Public Listed Companies in Malaysia

AbstractThis study examines the adoption of an accounting information systems language known as Extensible Business Reporting Language (XBRL) among public listed companies in Malaysia. Using 100 top public listed companies as the sample study, this study examines whether these companies have adopted XBRL, consistent with the call made by the Companies Commission of Malaysia (CCM) for such adoption. Such call was made to encourage listed public companies to provide their annual reports via XBRL and ultimately improves harmonisation between companies and between countries. The result of this study shows that to this date, no public listed companies have adopted XBRL. Such scenario indicates that there could be issues and challenges that have deter the implementation of XBRL among these companies. The result in this study serves as a starting point for CCM and other Malaysian regulators to consider the issues and challenges as to why such scenario exists and subsequently, provide strategies to encourage these companies to adopt XBRL

Are You Ready To Embrace New Technology? Accounting Practitioners In Malaysia

The objective of this study is to investigate the readiness (optimism, innovativeness, discomfort, insecurity and overall Technology Readiness Index) among accounting practitioners in Malaysia. Specifically, this study has identified accounting practitioners’ intention to adopt any type of new technology. In addition, this study has examined the difference in technology readiness among gender, age, level of education and profession. This study employed a questionnaire survey to gather 518 accounting practitioners from a different profession in Malaysia (Kuala Lumpur, Putrajaya, Selangor). In relation to readiness, accounting practitioners also seem to be optimistic in knowing any new technology. With regard to the Technology Readiness Index (TRI) factors, there are no significant differences among accounting practitioners across gender. But there are significant differences with regards to the accounting practitioners' age, level of education and profession on optimism, insecurity and partial difference for overall readiness. Thus, demographic characteristics could also impact TRI factors. Further study should consider specific technology and profession to examine the real issue regarding the technology acceptance within an accounting perspective

XBRL Adoption: An Examination on the Malaysian Business Reporting System (MBRS)

In 2018, Small Medium Enterprises (SMEs) that are registered with the Companies Commission of Malaysia (SSM) in Malaysia are required to prepare their annual return using eXensible Business Reporting Language (XBRL) via Malaysian Business Reporting System (MBRS), followed by voluntary submission of financial reports and statements in 2019. This study seeks to explore if practitioners are aware of and fully understand MBRS. This study also investigates the level of MBRS preparation among the companies. In addition, this study examines the practitioners‟ readiness, intention to use and experience in using MBRS. Finally, the factors influencing MBRS adoption among the practitioners will be examined. Using a questionnaire survey as the research instrument, the data shows that there are improvements to be made in regards to the understanding, readiness and intention to use the MBRS which is requirement by SSM. Additionally, this study shows how optimism, innovativeness, discomfort and insecurity influence the intention to use MBRS in the future. The finding indicate that an XBRL adoption via MBRS received a more positive response from the practitioners and hence, signals a possible successful XBRL adoption in Malaysia. This in turn, ensures the stakeholders a high quality financial reporting

How Accounting Students Perceived Towards Teamwork Skills

This study mainly research on soft skills pertaining Teamwork Skills. The main objective of this paper is to examine the relationship among all six dimensions of teamwork skills (coordination, decision making, leadership, interpersonal skills, adaptability and communication). Furthermore, the study is to investigate the different of perception toward teamwork skills (coordination, decision making, leadership, interpersonal skills, adaptability and communication) among final year accounting students. The study also shows main top important skills which are accounting knowledge, professionalism, oral communication, problem solving, time management, auditing, ability to memorize, work well with others, written communication, leadership ability, computers, economic, and the last is business law. In addition, the study shows the inter-correlation between six dimensions ranged from 0.836 to 0.943. The results also show a significant difference between female and male for leadership and adaptability. Finally, the findings are discussed to recommend in improving education curricular in university and educations institutional

Embracing technologies among accounting practitioners exploring the motivating factors and challenges

This research focuses on how the accounting profession embraces change in this new era. Nowadays, as technology adoption can be considered crucial to be applied by accounting practitioners and has been raised by the Malaysian Institute of Accountants (MIA). Specifically, this research explores the awareness, level of knowledge and experience prior to embracing technology. In addition, this research has investigated their views on motivating factors and challenges towards embracing technologies together with the challenges that may disrupt their current services. In order to achieve the objectives, the questionnaire was distributed to the expected 518 accounting practitioners in order to capture the individual views on awareness, knowledge, experience as well as motivating factors and challenges. This research is expected to provide insights to the professional bodies to understand the way of the profession are ready and the action plan that they should identify in improving the competency skills that relevant to the competency framework and important to apply in the near future in order to embrace technology

The Intention of Empowering Excellence on the Path to Professional Qualification in Sustainable Development and Governance

This study examined the influence of perceptions related to prestige/status, job security/stability, opportunity for advancement, program difficulty, and salary on the intention to pursue the Certified Internal Auditor (CIA) Qualification among students in public and private universities. Based on the Theory of Planned Behavior (TPB), this study employed collecting data using a questionnaire survey that consists of 243 Bachelor of Accounting students from 11 Malaysian higher learning institutions. The findings indicated that perceptions of prestige/status, opportunity for advancement, and program difficulty significantly impacted the intention to pursue the CIA Qualification. Participants display a positive perception of the credibility and reputation of the CIA exam and career. The findings offer insights for educators and practitioners to foster stronger collaborations between universities and the Institute of Internal Auditors Malaysia (IIAM), facilitating tailored curriculum and activities to promote long-term corporate sustainability. The results showed that having a professional qualification is critical for enabling individuals to succeed in sustainable governance and its ability to equip individuals to become successful change agents that aligned with the Sustainable Development Goal (SDG) 4