Why MBRS?

Top 4 Skills Your Team Needs Today

  When it comes to maintaining your job, you need to make sure that you are always on top of your game. Being on top of you game means that you will be on things before anyone else. That is the best thing to do if you wanna be promoted or …

Reasons Why It’s Crucial To Send Your Team For Training

Being entrusted to manage your own team is a great achievement. Especially if you are in the path of climbing the corporate ladder. People are the most important asset you will have. Like what Sir Richard Branson said in the picture below, people will be the ones that will transform …

Successfully Implementing A New System at Work

In an office, you will have so many different softwares and programs to make sure that the office can run smoothly. With new programs and softwares, implementation or training for it is super hard and it can usually become a super lengthy process. However, these softwares are usually made to …

October Events

2018 has been a great year for us since we have established the new MBRS tool and organising workshops to get everyone on the MBRS bandwagon. In this article, we just wanted to showcase some of our events and workshops with the great people we get to work with on …

The Disadvantages of Online Workshops/Seminars

In our previous article, we looked at the advantages of online workshops and seminars. We want to always ensure that our readers get both sides of the coin so we will be highlighting some of the disadvantages of online workshops. Online education has certainly taken the world by storm and …

4 Advantages of Attending Online Workshops

With the current speed of advancements that we have been enjoying the past few years, studying online has become a norm to us. Back then, you would think that the only way to learn something is to go to school or enrol in classes at a physical place. However, now …

Advantages of Hiring A Chartered Accountant

When we think about accountants, we always imagine someone who is really good at math and is able to sort all your numbers out for you in a jiffy. Most people also do not know that there are actually many different kinds of accountants as well. The one we are …

The Advantages of Outsourcing Your HR Team

The management team might be the main characters in a company but it must be remembered that the Human Resource team is the backbone a company. Great companies can only be built by having a solid team of people managing it. Managing a company isn’t easy as it requires so …

The Disadvantages of Outsourcing Your HR Team

Being the heart of the company, the HR team plays a huge role in maintaining and ensuring that the company stays working the right way at all times. They will handle a lot of complex day-to-day complexities. In our previous article we focused on the advantages of outsourcing your HR …

What To Expect From Chartered Accountants

Currently in Malaysia, according to the government, we are having a shortage of chartered accountant. A lot of officials are tirelessly trying to convince the younger generation to take up accountancy to help bring the numbers up. We currently have way too many companies and not enough accountants to help …

Reasons Why Your Profit Margins Are Diminishing

When running a business - especially something like , you number one priority will always be profit. Profit will be the bread and butter of your company and if you do not maintain and check with it constantly, it will be the thing that will bring your business down sooner …

Formis Training Next Workshops

In our last article, we showcased some of our past workshops and events. Being certified trainers for the MBRS tool has allowed us to help train and help a lot of teams into ensuring that they are MBRS certified. To fully help you understand why the new MBRS tool is super …

Formis Past MBRS Events

After being appointed and approved by SSM Malaysia, Formis training have had a few training events that are helping fellow Malaysians fully understand the new Malaysian Business Reporting System. The MBRS system was created by SSM to ensure that more companies will have a much easier time to send in their …

Do You Need A Company Secretary?

When you start your business, you might not know when you need a company secretary. It might seem that you don't need one when you start the company because you might think that you can do it yourself at first. You might not even know what a company secretary does …

3 Skills That Count To Be A Pro Secretary

Being a secretary nowadays isn't what it used to be. Being a secretary isn't as simple as we think it is anymore as the modern day secretary has to deal with a whole lot more compared to back then. Your day-to-day does not only include picking up phone calls anymore. …

5 Skills That Count As A Financial Pro

Having a high flying career in the finance world is so much more than just coming from a good school or having great grades. There are so many facets to the profession that makes one a great financial expert.  With the ever-changing and ever-evolving world of work, finance and accounting professionals …

Should You Outsource Your Finance Department?

Startups are not the easies to keep afloat. About a third of them will go under within the first 3 years. The reasoning behind this is plentiful as startups are incredibly prone to failing. There are too many things going on when you're running a startup and failing one or …

The Difference Between Business Reporting and Analytics

This is a question that might have plagued many business owners. However, with the growing importance of reporting and analytics, it seems that a lot of people do not know the key differences between the two and they often ask what exactly is the difference between them. In this article, …

3 Reasons Why Entrepreneurs Should Hire An Accountant

Entrepreneurs are a little different compared to a normal businessman who runs an already established business. Startups pose a vastly different business modal when you compare it to a traditional business. With that, we all know that startups need something a little different to make sure everything works out right. According …

5 Simple Ways to Improve Your Profit Margins

Owning a company and running one is no easy feat. Competition is everywhere and there are so many things you need to stay on top of to ensure that you make ends meet. Not only for yourself, but for the rest of your team as well. Sometimes, because business owners …

Malaysian Business Reporting System Featured in Astro Awani

The Malaysian Business Reporting System (MBRS) Featured in Astro Awani More than 600,000 companies in Malaysia will moving forward not have to go to the counter of the Companies Commission of Malaysia, SSM to submit their annual financial statements and annual returns. This is a revolution to financial reporting in Malaysia making …

3 Benefits Of Hiring A Corporate Secretary

Deciding to hire a corporate secretary is a big business decision that needs to be made properly. When you think about it, depending on what country your business is operating from, you might be required by law to actually employ a corporate secretary. When running your business, you need to …

Top Tips When Hiring Your Business Accountant

If you run your own business, there are already so many things that you need to figure out. This might include things like office rental, business strategies and things like HR policies and the likes of that. The last thing on your mind would probably be having to hire an …

Annual Statutory Compliance Documents for SSM Malaysia

    When you start your own business, there are a lot of things that you need to make sure you have covered. Sometimes, one or two important things are missed out because you’re super busy getting everything working. These things will include your business strategies, marketing plans, cash flows and budget projections. …

The Top 5 Roles Of Corporate Secretaries In Malaysia

The responsibilities of corporate secretaries have evolved exponentially in the past few years in Malaysia. They are no more viewed as the admin helpers that they used to be before. Corporate secretaries are now viewed as something extremely important and needed to ensure that the company runs smoothly. Corporate secretaries …

What Are EA Forms And How Does It Affect You?

  If you have a job or have been employed before, you should have come across this little piece of paper called the EA form. Every time before the tax season comes around, you will see everyone scrambling around the Human Resource teams’ office trying to get their own For everyone who …

The 3 Main Components of A Financial Report

Starting a business is not easy. There are so many things to worry about like hiring, business strategy and the most scary of them all - finances! The finance department is the backbone of the company and is the greatest indicator of all to show you if you are making …

Understanding the Importance of Business Reporting

With the advancement of technology and the betterment of procedures everyday at the workplace, it comes as no surprise that all reporting systems in the office will also become better with time. Despite the fact that most of us might have gone paperless, reports are still a crucial part of a …

What is MBRS?

It is 2018 and the digital age is upon us. Everywhere we go, we see everyone trying to automate and digitise everything that they can so that work and life gets easier and better. Suruhanjaya Syarikat Malaysia (SSM) is also climbing on the digital bandwagon to introduce their new system …