1915 Exploring Forward-Looking Information Disclosure Practices: Insights from the Malaysian Landscape in the IFRS Era Imad H. Almhuob Muftah 1 , Yuserrie Bin Zainuddin 2 1 Doctoral Student, Faculty of Industrial Management, Universiti Malaysia Pahang Al-Sultan Abdullah, 26300, Kuantan, Pahang, Malaysia, Faculty of Economic and Political Sciences, University of Ajdabiya, Ajdabiya, Libya, 2 Faculty of Industrial Management, Universiti Malaysia Pahang Al-Sultan Abdullah, 26300, Kuantan, Pahang, Malaysia Email: ppf21003@student.ump.edu.my, juv_emad@uoa.edu.ly, yuserrie@ump.edu.my Abstract The current study seeks to comprehensively explore Forward-Looking Informaon Disclosure (FLID) pracces in Malaysian firms' annual report narraves. Using a dataset spanning nine years and comprising 1971 firm-year observaons, the current study employs visual and stascal analyses to examine the trends and pracces of FLID across various industries and the paroned periods of pre, during and post-IFRS mandatory adopon. The analysis indicates a notable increase in various FLID proxies among Malaysian companies. FLID topics, excluding employee FLID, show steady increases, with a significant surge in 2016 and 2017. Operaonal FLID is consistently disclosed at higher levels with variaons across sample years while accounng and employee FLID topics exhibit the lowest disclosure levels. The Health Care industry leads in FLID, followed by the Ulies industry, whereas Industrial Products and Property industries demonstrate the lowest levels. The RM-ANOVA test highlights significant differences in FLID measures and topics across the three IFRS periods, but no significant differences in mean values for employee FLID. These findings hold potenal implicaons for managers, investors, and policymakers, as they can aid in improving informaon quality and promong greater transparency in annual report narraves in the Malaysian context. Keywords: Voluntary Disclosure, Annual Report Narraves, Forward-Looking Informaon Disclosure, IFRS, Malaysia. Introduction High-profile bankruptcy filings in the recent past, such as Enron, Parmalat, and WorldCom, can be attributed to a lack of effective corporate governance as well as an absence of transparency (Agyei-Mensah, 2017; Asghar et al., 2020). In Malaysia, the Securities Commission reported that 70 firms, including Transmile, Technology Resources Industries, Tat Sang, FA Peninsular, and Malaysian Airlines Systems, were implicated in fraudulent financial Vol 14, Issue 1, (2024) E-ISSN: 2222-6990 To Link this Article: http://dx.doi.org/10.6007/IJARBSS/v14-i1/20005 DOI:10.6007/IJARBSS/v14-i1/20005 Published Date: 15 January 2024