Critical analysis on Malayan railway annual report / Sulaiman Ahmad.

This paper is intended to analyse, criticise and proposed a new format on presentation of financial statements and highlight the use of International Accounting standards. This particular subject has been chosen for research because there is a need for a change in presentation of Malayan Railway financial statements from conventional to the current way of presentation. It is felt that with the recent policy of the Government to privatise some of its public services and where Malayan Railway is one of the target, I believed that this paper can be a help to the Malayan Railway.