An empirical evidence of malay accounting terminology in Malaysian Annual Report

Abstract

The primary objective of this study is to examine the use of Malay terminology in the annual reports of listed companies on Bursa Malaysia. The study was made to a company for ten years beginning in 2001 until 2010. A total of 234 samples from a total population of companies listed on Bursa Malaysia which totaled 844 companies in 2010. The study was conducted in accordance with the Financial Reporting Standard (FRS) 101 for the Presentation of Financial Statements. All samples must have financial data using the Malay language in the annual report. More detailed study done on terminology used in the Statement of Financial Position, Statement of Financial Comprehensive, Statement of Changes in Equity and Statement of Cash Flow. The study also revealed that the use of Malay terminology and term for reporting financial information and business is lower among companies listed on Bursa Malaysia. This study is important for further studies related to the financial statements reporting the use of terminology in Malay language as an intermediary in the delivery of accounting information.