14/10/2025
In October 2025, the MASB issued a revised version of MPERS [herein referred to as “MPERS (2025)”] which aligns with the third edition of IFRS for SMEs Accounting Standard issued by the IASB in February 2025. An entity shall apply MPERS (2025) for annual periods beginning on or after 1 January 2027. Earlier application is permitted.
MPERS (2016) shall hereby be withdrawn for application for financial statements with annual reporting periods beginning on or after 1 January 2027.
MPERS (2025) can be downloaded from
MPERS (2025)-MASB