{"id":1630,"date":"2020-04-02T18:00:53","date_gmt":"2020-04-02T18:00:53","guid":{"rendered":"https:\/\/prathamconsult.com\/my\/?page_id=1630"},"modified":"2023-04-20T11:55:46","modified_gmt":"2023-04-20T11:55:46","slug":"faq","status":"publish","type":"page","link":"https:\/\/prathamconsult.com\/my\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"\t\t
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MALAYSIA<\/strong>\u00a0<\/strong><\/span><\/p>

MALAYSIAN BUSINESS REPORTING SYSTEM (MBRS)<\/strong><\/span><\/p>

FREQUENTLY ASKED QUESTIONS<\/strong><\/span><\/p>

[https:\/\/www.ssm.com.my\/Pages\/Services\/Other-Services\/mbrs%20pdf\/Frequently%20Asked%20Questions_v1.0-25092018_Murni+Ziha_11102018.pdf]<\/strong><\/span><\/p>

\u00a0<\/p>

Table of Contents<\/span><\/p>

  1. MBRS filing requirements <\/span><\/strong><\/li><\/ol>

    1.1 What is Malaysian Business Reporting System (MBRS)?<\/span><\/p>

    1.2 What are the full components of MBRS?<\/span>
    Components of MBRS are as follows:<\/span><\/p>

    1.3 What is the type of submission cover under MBRS?<\/span><\/p>

    1.4 What are MBRS filing requirements?<\/span><\/p>

    1.5 Who can file their financial statements via MBRS?<\/span><\/p>

    1.6 What is the scope of filing (for Full Set of Financial Statement in XBRL)<\/span><\/p>

    1.7 What is Mapping Principles? (for Full Set of Financial Statements in XBRL)<\/span><\/p>

    \u00a0<\/p>

    1. MBRS Preparation Tool (mTool)<\/strong><\/span><\/li><\/ol>

      2.1 Download and installation of mTool<\/strong><\/span><\/p>

      2.1.1 Where can I download the mTool?<\/span>
      2.1.2 How to download and install mTool? <\/span>
      2.1.3 Which version of installer of the mTool should I use? <\/span>
      2.1.4 Can the mTool work on Macintosh computer? Is it compatible with Macintosh OSX operational system?<\/span>
      2.1.5 Can mTool be installed on computers running on operating system and software, other than windows operating system and Microsoft Office (e.g. Open Office)<\/span>
      2.1.6 During installation, mTool requires to have administrative rights to my computer. What should I do?<\/span>
      2.1.7 Norton Anti-Virus issue?<\/span>
      2.1.8 What are the minimum hardware and software requirements to install and run mTool?<\/span><\/p>

      \u00a0<\/p>

      2.2 Things to note before installation<\/strong><\/span><\/p>

      2.2.1 Dot Net Framework required<\/span>
      2.2.2 Supported versions of Microsoft\u00ae Office<\/span>
      2.2.3 On installation, following error message appears,<\/span>
      2.2.4 On installation, the following error message is shown,<\/span>
      Error: Access to the path is denied<\/span>
      2.2.5 On Installation, the following error message appears<\/span>
      Error: Requested registry access is not allowed<\/span>
      2.2.6 After \u2018Copy and paste\u2019 data from source Excel to mTool template, the following error message appears<\/span>
      2.2.7 On opening Excel template, the following error message appears<\/span>
      2.2.8 On opening the tool, the following error message appears<\/span>
      Error: Exception in generating sheets, cannot insert object<\/span>
      2.2.9 On opening the tool, following error message appears<\/span>
      2.2.10On generating XBRL file, the validation results window does not appear<\/span>
      2.2.11On opening the tool, the following error message appears<\/span>
      Error: Excel stopped working<\/span>
      2.2.12On opening the Excel sheet, the following error message appears<\/span>
      2.2.13On opening the tool, the following error message appears<\/span>
      Error: UNC path should be of the form \\\\server\\share<\/span>
      2.14On opening the tool, the following error message appears<\/span><\/p>

      2.3 Fill in MBRS Template
      <\/strong>2.3.1 Financial Statements and Key Financial Indicators<\/span>
      2.3.2 Annual Return<\/span>
      2.3.3 Exemption Applications<\/span>
      2.3.4 Other filing related issues<\/span><\/p>

      \u00a0<\/strong><\/span><\/p>

      1. MBRS (mPortal)<\/strong><\/span><\/li><\/ol>

        3.1 Login to MBRS portal
        <\/strong>3.1.1 How do I access the mPortal?<\/span><\/p>

        \u00a0<\/strong><\/span><\/p>

        3.2 User Role Assignment
        <\/strong>3.2.1 How to apply user roles in mPortal?<\/span>
        3.2.2 Does mPortal verifies Company Secretary who are blacklisted or whose licensed is expired?<\/span><\/p>

        \u00a0<\/strong><\/span><\/p>

        3.3 User Association Between Lodger and Maker
        <\/strong>3.3.1 Who are the Maker and the Lodger?<\/span>
        3.3.2 Who can use the MBRS Portal Application?<\/span>
        3.3.3 How many roles can I apply at a time?<\/span>
        3.3.4 If Lodger has made status of Association with Maker Inactive and forgotten to again activate but Maker has uploaded relevant files and are not displayed in Lodger account?<\/span>
        3.3.5 If Maker is getting error of user association what does he need to do?<\/span>
        3.3.6 How does a maker know how many and which companies he is associated with?<\/span>
        3.3.7 What are the Member Type and Member License Number?<\/span>
        3.3.8 Can single maker user associate with the multiple lodgers?<\/span>
        3.3.9 For user association any approval required?<\/span>
        3.10I am a Lodger, what kind of right do I have?<\/span>
        3.3.11I am an Admin user, what kind of right do I have?<\/span><\/p>

        \u00a0<\/strong><\/span><\/p>

        3.4 Upload XBRL file
        <\/strong>3.4.1 Does the maker know whether SSM rejected their filing?<\/span>
        3.4.2 What is the time frame for the maker to validate and send to Lodger?<\/span>
        3.4.3 Who can apply for the Rectification Application?<\/span>
        3.4.4 How to track on fresh uploaded and rectify filing?<\/span><\/p>

        \u00a0<\/strong><\/span><\/p>

        3.5 Digital Certificate
        <\/strong>3.5.1 How to purchase Digital Certificate?<\/span>
        3.5.2 How to renew Digital Certificate?<\/span>
        3.5.3 How much is the fee to purchase and renew Digital Certificate?<\/span>
        3.5.4 Who should I contact if I have a problem regarding Digital Certificate?<\/span><\/p>

        \u00a0<\/strong><\/span><\/p>

        3.6 Payment
        <\/strong>3.6.1 What are the payment methods available in mPortal?<\/span>
        3.6.2 What should I do if my payment was a successful, but the status in mPortal is unpaid?<\/span>
        3.6.3 How to confirm that the payment made is successful?<\/span>
        3.6.4 Where can I reprint my receipt?<\/span>
        3.6.5 How to apply refund?<\/span>
        3.6.6 How long does it take to refund?<\/span>
        3.6.7 What should I do if filing status is displayed as “Payment is in process”?<\/span>
        3.6.8 What is the fee for the lodgement of Annual Return, Financial Statements and Exemption application?<\/span><\/p>

        \u00a0<\/strong><\/span><\/p>

        3.7 Miscellaneous<\/strong><\/span><\/p>

        3.7.1 As a Maker do I need a digital signature?<\/span>
        3.7.2 If you get a 404 error what does the user need to do?<\/span>
        3.7.3 Can user change the Primary Details?<\/span>
        3.7.4 Is this mandatory to fill the ‘Company User Profile’ details in mPortal? If yes, then where will it be used?<\/span>
        3.7.5 What are the operating hours for the mPortal?<\/span>
        3.7.6 How do I check my application status?<\/span>
        3.7.7 What are the requirements to upload supporting documents?<\/span><\/p>

        \u00a0<\/p>

        1. General Information<\/strong><\/span><\/li><\/ol>

          4.1 What is XBRL?<\/span><\/p>

          4.2 What are the benefits to a company for reporting in XBRL?<\/span><\/p>

          4.3 Does XBRL cause a change in accounting standards?<\/span><\/p>

          \u00a0<\/strong><\/span><\/p>

          \u00a0<\/p>

          1. MBRS filing requirements<\/strong><\/span><\/li><\/ol>

            1.1 What is Malaysian Business Reporting System (MBRS)?<\/strong><\/span><\/p>

            The Malaysian Business Reporting System or its acronym, MBRS refers to the submission platform based on the eXtensible Business Reporting Language (XBRL) format.<\/span><\/p>

            The MBRS allows for the submission of:<\/span><\/p>