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Online Services by SSM

A Detailed Guide to the Online Services by SSM

The Companies Commission of Malaysia (SSM) is more than just a website for the annual declaration of a business’s financial statements or registration. It’s the key to streamlining business processes and accessing business information online. Learn about the services offered by SSM and leverage them to streamline your business processes. EzBiz EzBiz is an online […]

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Latest from the Office of SSM for EzBiz Online Users

Suruhanjaya Syarikat Malaysia (SSM), the Companies Commission of Malaysia, has introduced several initiatives to assist companies facing financial complexities due to the Covid-19 pandemic.

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The Error-free Way to Preparing XBRL Reports for Voluntary Submission with SSM

Awareness of XBRL XBRL is an electronic language that enables the automation of business information requirements. By using XBRL, companies can effectively prepare, share, and analyse financial reports, statements, and audit schedules. Governments, regulators, and organisations are inclined to adopt this reporting format as it automates the process and communication of financial data as well […]

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Revolutionise Your Financial Reporting System: Transition to XBRL

XBRL may seem like it’s recently introduced, but it has been around for years. And it’s not just the increase in demand to analyse financial data that this format is gaining immense popularity. In today’s data-crazed world, XBRL is one of the most reliable financial reporting standards that offers easily readable and authoritative business and […]

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DataTracks XBRL Malaysia

Transitioning to XBRL? Outsourcing is the Ideal Choice. Here’s Why?

            Now that you have decided to transition into XBRL – the cost-efficient and better way of financial reporting, the next concern is whether to outsource or internally set up the entire process? Regardless of whether you are running a start-up or an established organisation, setting up XBRL software and […]

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Mitigate the Financial Reporting Challenges with XBRL

            Though slow to garner attention, boasting error-free and accurate financial data, XBRL now commands global recognition. In Malaysia, this revolution took a long time to transpire; however, since 2018, XBRL has maintained a strong position in the financial reporting world. Be it business regulators, investors, accountants, or other users; […]

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Existence of XBRL: A Boon or Bane for Companies in Malaysia?

XBRL in Malaysia Although XBRL is still in its infancy stage in Malaysia, the reporting process is expected to become the mainstay method of submitting financial information to the Suruhanjaya Syarikat Malaysia (SSM). The sole reason behind this is the flexibility it offers in the exchange and maintenance of financial data. However, there has always […]

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3 Incredible Reasons to Switch to XBRL TODAY!

Why shift to XBRL if it is still voluntary? Why go through the trouble of investing in setting up an XBRL team in-house or hiring an outsourced service provider? Why not follow the old reporting format you’ve been following since the inception of your business? XBRL provides a standard for tagging business and financial reports. […]

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Are you overlooking the Key Benefits of Outsourcing XBRL Services?

XBRL filing and reporting is still in the voluntary phase in Malaysia. However, the cost benefits, the accuracy of services, and increased efficiency that come with implementing XBRL reporting are hard to overlook. Today, XBRL has become the most common reporting format in many countries; Malaysia is no exception. More and more businesses are joining […]

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XBRL Conversion – Are You Making the Right Decision?

XBRL is not a mandate yet in Malaysia. However, it is still the most sought after reporting system and especially amidst the pandemic, XBRL has emerged as a Good Samaritan. But, does it uphold its errorless reporting and high data authority reputation? Is it right for your business? Why use XBRL? Well, to answer these […]

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Recent Posts

  • 31 Mar
    A Detailed Guide to the Online Services by SSM
    [caption id="attachment_318" align="alignnone" width="672"] Online Services by SSM[/caption] The Companies Commission of Malaysia (SSM) is more than just a website for the annual ...
  • 10 Mar
    Latest from the Office of SSM for EzBiz Online Users
    Covid-19 has hit the entire world hard. However, it has made us realise the value of time and money, as well as how important it is to reduce the financial and compliance burden. Suruhanjaya ...