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FEBRUARY - JUNE 2020
“Always bear in mind that your own resolution to succeed is more important than any other.” Abraham Lincoln
As we enter into a brand-new year, we hope for better possibilities and achievements in 2020! At MICPA, we always promote and encourage our members to participate in our Continuing Professional Development (CPD) programmes to ensure that you are well equipped with the right knowledge and skills to meet the various demands in your respective roles.
Our CPD programmes will enable you to remain relevant and up-to-date amidst the fast pace of changing trends and directions in the business
programmes, you will be able to work more effectively with the knowledge
can work with you in crafting customised CPD programmes to suit your business needs. Please contact our CPD department if you would like to explore how we can assist you in this area. Rest assured, we have outlined well-thought-out programmes delivered by experienced and distinguished speakers to help you chart a progressive career path ahead! We look forward to welcoming you to our upcoming CPD programmes.
MICPA
2020 MICPA CPD TRAINING PROGRAMMES
- 1 -
FEBRUARY
Date : February 10, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8* Recognised for Audit Approval Renewal
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030 History, Background and Rationale for ChangeProposals in the Original Exposure Drafts and FeedbackChanges Made in the Final IFRS 16Fundamental Approach – Rights and Obligations
1030 - 1045 COFFEE BREAK
1045 - 1300 Lessee Accounting: Right-of-Use Approach
1300 - 1400 LUNCH
1400 - 1530 Lessor Accounting
1530 - 1545 COFFEE BREAK
1545 - 1700 Complex Lease Arrangements
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
Professor with the Graduate School of Management, Universiti Putra Malaysia. He has served as a Council Member
Financial Reporting Standards Implementation Committee (FRSIC) of the MIA.
accounting students in Malaysia.
MFRS 16 Leases became effective for annual periods beginning on or after January 1st, 2019. It introduces a new “right-of-use” model for lessee accounting by requiring that a lessee shall recognise all lease assets and
rewards” approach of the former MFRS 117 Leases for lessor accounting, which means that there is little change
and sublease arrangements.
As the tax laws on lease transactions are unchanged, recognising more right-of-use assets and lease liabilities would also require that additional deferred tax liabilities and deferred tax assets be recognised. Except for hire-purchase right-of-use assets, the tax laws treat all other lease transactions as operating leases.
statements of its subsidiaries. If there are intragroup lease arrangements, such as an intragroup rental of PPE
statements of the Group as a single economic entity. Hence, intragroup lease arrangements must be eliminated
2020 MICPA CPD TRAINING PROGRAMMES
- 2 -
Date : February 14, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8* Recognised for Audit Approval Renewal
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030 Introduction
1030 - 1045 COFFEE BREAK
1045 - 1300 Financial Statements (Part 1)
1300 - 1400 LUNCH
1400 - 1530 Financial Statements (Part 2)
1530 - 1545 COFFEE BREAK
1545 - 1700 Financial Statements (Part 3)
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADERMR NG KEAN KOK is a Chartered Accountant and has more than 25 years of auditing, accounting and company secretarial experience across various industries. Previously, he worked with one of the international accounting
Mr Ng is a member of the Malaysian Institute of Accountants (MIA). At MIA, he previously served as a Council Member. Additionally, he has served / is serving on several committees of MIA such as the Financial Reporting Standards Implementation Committee (FRSIC), Financial Statements Review Committee (FSRC), Public Accountants in Business (PAIB) Committee, Monitoring Committee and the SSM Committee.
Committee.
Further, there were also the implementation of MFRS 9 and 15, and the most recent being MFRS 16.
statements that are to be prepared by various entities. Sample illustration would be provided in this training.
FEBR
UARY
2020 MICPA CPD TRAINING PROGRAMMES
- 3 -
Date : February 21, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030 Introduction and Basic Skills in Excel
1030 - 1045 COFFEE BREAK
1045 - 1300 MFRS 9 Financial Instruments
1300 - 1400 LUNCH
1400 - 1530 MFRS 2 Share Based Payments
1530 - 1545 COFFEE BREAK
1545 - 1700 MFRS 16 Leases
1700 END OF WORKSHOP
PROFILE OF WORKSHOP LEADERMR NG KEAN KOK is a Chartered Accountant and has more than 25 years of auditing, accounting and company secretarial experience across various industries. Previously, he worked with one of the international accounting
Mr Ng is a member of the Malaysian Institute of Accountants (MIA). At MIA, he previously served as a Council Member. Additionally, he has served / is serving on several committees of MIA such as the Financial Reporting Standards Implementation Committee (FRSIC), Financial Statements Review Committee (FSRC), Public Accountants in Business (PAIB) Committee, Monitoring Committee and the SSM Committee.
Committee.
require the necessary skills to assist management to use Excel and build models to identify, analyse and prepare
By attending this Seminar, participants will be able to explain the various Excel tools that are useful for MFRS
Since this Seminar is based on the usage of Excel, participants are required to bring their notebooks and also
especially useful for reporting under MFRS.
FEBRUARY
2020 MICPA CPD TRAINING PROGRAMMES
- 4 -
Date : March 5 & 6, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 16* Recognised for Audit Approval Renewal
Registration Fee : MICPA/CAANZ Member - RM 800 Non-Member - RM 1000Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
MFRS 15 Revenue from Contacts with Customers, which sets a new model for revenue accounting, became effective on 1
customers. For transitioning entities in the property development sector, this new MFRS provides clear guidance that would resolve the interpretation problems in the former IC 15 Agreements for the Construction of Real Estate.
For a contract with customers with multiple elements, this new MFRS requires that an entity shall identify the performance obligations in the contract and account for each performance obligation separately if it is distinct. A service component in a sale
need to be accounted for separately as a usage-based licence or a sale-based licence if the licence is distinct from the sale of goods or services. Variable considerations in an arrangement shall be estimated using the expected value method or the
developer needs to recognise revenue over time using the percentage of completion method.
MFRS 15 also requires an entity to present contract assets and contract liabilities separately from trade receivables and trade
enhanced disclosures about outstanding performance obligations, including quantitative information about future revenues.
0830 - 0900
0900 - 1030 Introduction and Overview
1030 - 1045 COFFEE BREAK
1045 - 1300
1300 - 1400 LUNCH
1400 - 1530 Application of MFRS 15 to Sales of Goods, Services and Licensing Arrangements
1530 - 1545 COFFEE BREAK
1545 - 1700
1700 END OF DAY 1
0830 - 0900
0900 - 1030 Application of MFRS 15 to Construction Contracts
1030 - 1045 COFFEE BREAK
1045 - 1300 Cases and Examples on Construction Contracts Accounting
1300 - 1400 LUNCH
1400 - 1530 Application of MFRS 15 to Property Development
1530 - 1545 COFFEE BREAK
1545 - 1700 Cases and Examples on Property Development Activities
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
Implementation Committee (FRSIC) of the MIA.
of MIA, MICPA and a fellow member of AICB.
MA
RCH
2020 MICPA CPD TRAINING PROGRAMMES
- 5 -
Date : March 13, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
be covered in the training.
For those who have studied and/or performed valuations before, this may also be an opportunity to refresh on the knowledge concerned.
Overall, this training will build up the capabilities of those interested to know the steps in valuing a private
0830 - 0900
0900 - 1030 Introduction
1030 - 1045 COFFEE BREAK
1045 - 1300
1300 - 1400 LUNCH
1400 - 1530 Private Company Valuation Approaches
1530 - 1545 COFFEE BREAK
1545 - 1700 Miscellaneous
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADERMR NG KEAN KOK is a Chartered Accountant and has more than 25 years of auditing, accounting and company secretarial experience across various industries. Previously, he worked with one of the international accounting
Mr Ng is a member of the Malaysian Institute of Accountants (MIA). At MIA, he previously served as a Council Member. Additionally, he has served / is serving on several committees of MIA such as the Financial Reporting Standards Implementation Committee (FRSIC), Financial Statements Review Committee (FSRC), Public Accountants in Business (PAIB) Committee, Monitoring Committee and the SSM Committee.
Committee.
MA
RCH
2020 MICPA CPD TRAINING PROGRAMMES
- 6 -
Date : March 23, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
At the end of this dynamic 1-Day Workshop Programme, participants will be able to:
- Cultivate personal grooming excellence- Practise impression management through effective self-packaging
0830 - 0900
0900 - 1030
1030 - 1045 COFFEE BREAK
1045 - 1300 Power Dressing & Grooming For Success
1300 - 1400 LUNCH
1400 - 1530
1530 - 1545 COFFEE BREAK
1545 - 1700 Visual Poise & DeportmentShaping Your Professional Reputation
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
for corporations and individuals.
Dolly is a dynamic presenter whose passion and enthusiasm in professional image building has helped participants
Public Mutual, RBC, Resorts World, Sarawak SEDC, SHELL, Standard Chartered Bank (Malaysia & Singapore), Star
Digital and many others.
a strong commitment to Professional Excellence, she aims to share her expertise and experiences with others
MA
RCH
2020 MICPA CPD TRAINING PROGRAMMES
- 7 -
Date : March 23, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
and formulating possible measures to manage favourable outcome.
and professional development. A special highlight of this programme includes providing you with the platform to assess your preferred SME company (on a no-name basis) or a Public Listed Company (PLC) in terms of their
and subsequently receiving a detailed and narrative report produced by the AI-enabled analytical platform.
conducted, how audit planning were done based on the risks uncovered and the type of value-added services
participants can uncover ways to reduce or mitigate their risk exposures, improve stakeholder reporting and generate higher revenue and margins while reducing costs substantially.
0830 - 0900
0900 - 1030Business Performance: Which Sectors are Performing / Not Performing?
1030 - 1045 COFFEE BREAK
1045 - 1300 Shareholder Value: Are Equity Levels Rising to Fund Expansion?Risk and Liabilities: Are Businesses Acquiring More Debt to Fill Working Capital Needs?
1300 - 1400 LUNCH
1400 - 1530 Productivity and Resources: Are Costs Managed Well with Better Productivity Levels?
1530 - 1545 COFFEE BREAK
1545 - 1700 Use Cases: Using AI Expert System to Conduct Funding Assessment, Audit Risk Assessment and Planning, and Board Management Reporting for PLCs
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
to help organisations to be future-ready for digital disruptions. He currently serves as an AI advisor to more than 50 public and private institutions (enterprises and public listed companies) as part of the Digital AI Labs (DIAL) Programme that empowers organisations to develop their internal AI capabilitites.
MA
RCH
In Collaboration with:
2020 MICPA CPD TRAINING PROGRAMMES
- 8 -
Date : April 2, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8* Recognised for Audit Approval Renewal
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030 Introduction
1030 - 1045 COFFEE BREAK
1045 - 1300
1300 - 1400 LUNCH
1400 - 1530 Lessons Regarding Fair Value from MFRSValuation Standards in Malaysia
1530 - 1545 COFFEE BREAK
1545 - 1700 Applications in MPERSOther Considerations
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADERMR NG KEAN KOK is a Chartered Accountant and has more than 25 years of auditing, accounting and company secretarial experience across various industries. Previously, he worked with one of the international accounting
Mr Ng is a member of the Malaysian Institute of Accountants (MIA). At MIA, he previously served as a Council Member. Additionally, he has served / is serving on several committees of MIA such as the Financial Reporting Standards Implementation Committee (FRSIC), Financial Statements Review Committee (FSRC), Public Accountants in Business (PAIB) Committee, Monitoring Committee and the SSM Committee.
Committee.
beginning on or after January 1st, 2016.
It is noted that there still exist areas where the requirements of MPERS have still not been properly understood and applied.
as valuation under Investment Properties, Financial Instruments and Biological Assets, business combinations and applications under areas such as Impairments and credit risk assessment.
related concerns that require the attention of Directors and accountants of private entities, preparation and/or action to implement the fair value requirements, and knowledge and skills to comply with the presentation and disclosure requirements of MPERS in relation to fair value.
APR
IL
2020 MICPA CPD TRAINING PROGRAMMES
- 9 -
Date : April 9 & 10, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 16
Registration Fee : MICPA/CAANZ Member - RM 800 Non-Member - RM 1000Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030 Introduction - Good Emailing Habits
1030 - 1045 COFFEE BREAK
1045 - 1300
1300 - 1400 LUNCH
1400 - 1530
1530 - 1545 COFFEE BREAK
1545 - 1700 Modals
1700 END OF DAY 1
0830 - 0900
0900 - 1030
1030 - 1045 COFFEE BREAK
1045 - 1300 Using Imperatives in Email Writing
1300 - 1400 LUNCH
1400 - 1530 Corrections made to emails from the work place
1530 - 1545 COFFEE BREAK
1545 - 1700
1700 END OF WORKSHOP
PROFILE OF WORKSHOP LEADERMS. YOGESVARY ALAHAKONE has 37 years of experience as an English teacher, lecturer and trainer. She is also
of interest and excellence is in the speaking and pronunciation of the English Language.
She started her teaching career after doing a degree in English and English Literature, and a diploma in teaching
Linguistics at the University of Edinburgh in Scotland. She worked as a secondary school teacher for 5 years.
2 years and Universite Du Havre in France for 13 years. While in France, she also did a lot of corporate training inbig international companies when English became important as the language of the European Union.
the Department of Modern Languages for the last 10 years of her time there, before retiring in 2018.
In a professional environment, we communicate by e-mail all the time to demand for information. We inform
use. However, the format and language used must be appropriate for the correspondence to be effective.
In the proposed workshop, we will examine and improve the problems that the participants have in writing effectively. We will practise and use correct grammar, accurate vocabulary and a good command of the English
out of the organisation, will be enhanced.
APRIL
2020 MICPA CPD TRAINING PROGRAMMES
- 10 -
Date : April 16, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8* Recognised for Audit Approval Renewal
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030 Shares Issued with No Par Value
1030 - 1045 COFFEE BREAK
1045 - 1300 Capital Reduction & Reconstruction
1300 - 1400 LUNCH
1400 - 1530 Redeemable Preference Shares
1530 - 1545 COFFEE BREAK
1545 - 1700
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
Professor with the Graduate School of Management, Universiti Putra Malaysia. He has served as a Council Member
Financial Reporting Standards Implementation Committee (FRSIC) of the MIA.
accounting students in Malaysia.
buybacks provision to permit listed companies to repurchase their own shares via a private arrangement other
shares to be used as employee share schemes and for acquisitions of assets or businesses.
A company may undertake capital reduction without having to seek court permission provided it meets the solvency requirements of the Act. Preference share may now be redeemed out of capital, other than out
if the redemption of preference share is out of capital, provided the solvency requirements are met. Similarly,
with the reporting standards.
laws and accounting standards on share capital and equity instruments.
APR
IL
2020 MICPA CPD TRAINING PROGRAMMES
- 11 -
Date : April 27, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030 Introduction and Basic Skills in Excel
1030 - 1045 COFFEE BREAK
1045 - 1300 MFRS 9 Financial Instruments
1300 - 1400 LUNCH
1400 - 1530 MFRS 2 Share Based Payments
1530 - 1545 COFFEE BREAK
1545 - 1700 MFRS 16 Leases
1700 END OF WORKSHOP
PROFILE OF WORKSHOP LEADERMR NG KEAN KOK is a Chartered Accountant and has more than 25 years of auditing, accounting and company secretarial experience across various industries. Previously, he worked with one of the international accounting
Mr Ng is a member of the Malaysian Institute of Accountants (MIA). At MIA, he previously served as a Council Member. Additionally, he has served / is serving on several committees of MIA such as the Financial Reporting Standards Implementation Committee (FRSIC), Financial Statements Review Committee (FSRC), Public Accountants in Business (PAIB) Committee, Monitoring Committee and the SSM Committee.
Committee.
require the necessary skills to assist management to use Excel and build models to identify, analyse and prepare
By attending this Seminar, participants will be able to explain the various Excel tools that are useful for MFRS
Since this Seminar is based on the usage of Excel, participants are required to bring their notebooks and also
especially useful for reporting under MFRS.
APRIL
2020 MICPA CPD TRAINING PROGRAMMES
- 12 -
Date : May 4 & 5, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 16* Recognised for Audit Approval Renewal
Registration Fee : MICPA/CAANZ Member - RM 800 Non-Member - RM 1000Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
MFRS 16 Leases uses a right-of-use approach for lessee accounting that requires all assets and liabilities under lease arrangements
approach of MFRS 117 Leases for lessor accounting and also other updates.IC Interpretation 23 provides guidance on the accounting
“substantive process” which must include an organised workforce and other inputs, that taken together, is capable of creating output(s). It also provides for an optional concentration test in that if the fair value of the gross assets acquired is concentrated in a single
out of capital, there is no longer a capital maintenance requirement so long as the solvency test is met.
0830 - 0900
0900 - 1030
1030 - 1045 COFFEE BREAK
1045 - 1300 MFRS 16 Leases
1300 - 1400 LUNCH
1400 - 1530
1530 - 1545 COFFEE BREAK
1545 - 1700
1700 END OF DAY 1
0830 - 0900
0900 - 1030 Amended MFRSs and Other Current Issues
1030 - 1045 COFFEE BREAK
1045 - 1300 Borrowing Costs and IFRIC Agenda Decision (2019)
1300 - 1400 LUNCH
1400 - 1530 Amendments to the Companies Act 2016 – Redemption of Preference Shares
1530 - 1545 COFFEE BREAK
1545 - 1700 Preparing MFRS-Compliant Financial Statements for the year ended 31 December 2019
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
(FRSIC) of the MIA.
authored many accounting books exclusively for practitioners and accounting students in Malaysia.
MAY
2020 MICPA CPD TRAINING PROGRAMMES
- 13 -
Date : May 8, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
In Malaysia today, many tax audits are being conducted by the Inland Revenue Board of Malaysia (IRBM). It is important for a taxpayers and tax agents to be fully aware of the legislative and other requirements pertaining to tax audit and investigations in order to avoid heavy penalties.
Under the Self-Assessment System, tax audit is a primary activity of the IRBM. It is aimed at enhancing voluntary compliance with the tax laws and regulations. A taxpayer can be selected for an audit at any time. However, it
issued an audit framework to ensure that tax audits are carried out in a fair, transparent and impartial manner.
tax audit.
to ensure that a higher tax compliance rate is achieved under the Self-Assessment System, whereby the main
compliance, to be fair to compliant taxpayers and to collect the correct amount of tax.
In this Workshop, the Speaker will share his experience and provide key insights into what triggers an audit investigation, the risk areas for taxpayers, th Malaysian penalty regime, preparing for a tax audit or investigation as well as the negotiation process and reaching a settlement.
0830 - 0900
0900 - 1030
1030 - 1045 COFFEE BREAK
1045 - 1300
1300 - 1400 LUNCH
1400 - 1530
1530 - 1545 COFFEE BREAK
1545 - 1700 Negotiation Process and Reaching a Settlement
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
services as well as a Partner in SCS Global Consulting (M) Sdn Bhd. He has more than 20 years of experience in
Harvindar has extensive experience in taxation advisory, transfer pricing documentation preparation, tax planning as well as tax audits and investigations and he serves as a tax consultant to various MNEs and other organisations.
MAY
2020 MICPA CPD TRAINING PROGRAMMES
- 14 -
- How can AI help to digest complex and voluminous information?
0830 - 0900
0900 - 1030Intelligence (AI)?
1030 - 1045 COFFEE BREAK
1045 - 1300
1300 - 1400 LUNCH
1400 - 1530
1530 - 1545 COFFEE BREAK
1545 - 1700 Case Studies
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
to help organisations to be future-ready for digital disruptions. He currently serves as an AI advisor to more than 50 public and private institutions (enterprises and public listed companies) as part of the Digital AI Labs (DIAL) Programme that empowers organisations to develop their internal AI capabilitites.
Date : May 14, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
MAY
In Collaboration with:
2020 MICPA CPD TRAINING PROGRAMMES
- 15 -
Date : June 11, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8* Recognised for Audit Approval Renewal
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030 History, Background and Rationale for ChangeProposals in the Original Exposure Drafts and FeedbackChanges Made in the Final IFRS 16Fundamental Approach – Rights and Obligations
1030 - 1045 COFFEE BREAK
1045 - 1300 Lessee Accounting: Right-of-Use Approach
1300 - 1400 LUNCH
1400 - 1530 Lessor Accounting
1530 - 1545 COFFEE BREAK
1545 - 1700 Complex Lease Arrangements
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
Professor with the Graduate School of Management, Universiti Putra Malaysia. He has served as a Council Member
Financial Reporting Standards Implementation Committee (FRSIC) of the MIA.
accounting students in Malaysia.
MFRS 16 Leases became effective for annual periods beginning on or after January 1st, 2019. It introduces a new “right-of-use” model for lessee accounting by requiring that a lessee shall recognise all lease assets and
rewards” approach of the former MFRS 117 Leases for lessor accounting, which means that there is little change
and sublease arrangements.
As the tax laws on lease transactions are unchanged, recognising more right-of-use assets and lease liabilities would also require that additional deferred tax liabilities and deferred tax assets be recognised. Except for hire-purchase right-of-use assets, the tax laws treat all other lease transactions as operating leases.
statements of its subsidiaries. If there are intragroup lease arrangements, such as an intragroup rental of PPE
statements of the Group as a single economic entity. Hence, intragroup lease arrangements must be eliminated
JUN
E
2020 MICPA CPD TRAINING PROGRAMMES
- 16 -
Date : June 18, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030
1030 - 1045 COFFEE BREAK
1045 - 1300
Functional Analysis – a Detailed DiscussionComparability Analysis and the Factors Determining Comparability
1300 - 1400 LUNCH
1400 - 1530
1530 - 1545 COFFEE BREAK
1545 - 1700
Case Studies
1700 END OF WORKSHOP
PROFILE OF WORKSHOP LEADER
services as well as a Partner in SCS Global Consulting (M) Sdn Bhd. He has more than 20 years of experience in
Harvindar has extensive experience in taxation advisory, transfer pricing documentation preparation, tax planning as well as tax audits and investigations and he serves as a tax consultant to various MNEs and other organisations.
transfer of property or services. It is important to establish the appropriate price, called the “transfer price”, forintra-group, cross border transfers of goods, intangibles and services.
all international transactions. At the same time, transactions involving intangibles (such as intellectual property),capital (such as money) and multitiered services constitute a rapidly growing proportion of multinational
complexities in analysing and understanding every transactions.
JUN
E
2020 MICPA CPD TRAINING PROGRAMMES
- 17 -
Date : June 18, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 8
Registration Fee : MICPA/CAANZ Member - RM 500 Non-Member - RM 630Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
0830 - 0900
0900 - 1030Big Data and You
1030 - 1045 COFFEE BREAK
1045 - 1300Stages of Data Analytics Introduction to AI, Machine Learning and RPA
1300 - 1400 LUNCH
1400 - 1530Data Management and RISK Control
1530 - 1545 COFFEE BREAK
1545 - 1700
1700 END OF WORKSHOP
PROFILE OF WORKSHOP LEADERMr Jack Lee has 20 years of working experience which includes deploying digital transformation solution and leading various departments to realise technology adoption plan in timely manner which includes Network Infrastructure upgrade, manages server migration and deploy ERP for Corporates and SMEs.
He also involves in ERP system functional design and inventory audits. In his recent years, Jack actively engages
accountants in providing the bridge between data science and the business because of their commercial skills and broad training. In Malaysia, Big Data tops the ranking as the most demanding competencies in terms of digital skills (LinkedIn, 2017).
on to Big Data Analytic so that they can help businesses to make accurate business decision instead of based on hearsay only. More and more businesses will know the importance of Big Data. Eventually, your customers, clients and competitors will become data literate and choose to be data driven. With Big Data knowledge, you are giving more reasons for businesses to choose you.
Some probably are wondering how this emerging trend could advance their practice or business. In this program, contents and training methodology will be catered for those who do not have any prior background in data or technology.
JUN
E
2020 MICPA CPD TRAINING PROGRAMMES
- 18 -
Date : June 29 & 30, 2020
Venue : Sheraton Imperial Hotel Kuala Lumpur
MICPA CPE Hours : 16* Recognised for Audit Approval Renewal
Registration Fee : MICPA/CAANZ Member - RM 800 Non-Member - RM 1000Discount :Group discount of 10% for 3 participants & above, or Early Bird discount of 10% for registration one month before closing date
MFRS 15 Revenue from Contacts with Customers, which sets a new model for revenue accounting, became effective on 1
customers. For transitioning entities in the property development sector, this new MFRS provides clear guidance that would resolve the interpretation problems in the former IC 15 Agreements for the Construction of Real Estate.
For a contract with customers with multiple elements, this new MFRS requires that an entity shall identify the performance obligations in the contract and account for each performance obligation separately if it is distinct. A service component in a sale
need to be accounted for separately as a usage-based licence or a sale-based licence if the licence is distinct from the sale of goods or services. Variable considerations in an arrangement shall be estimated using the expected value method or the
developer needs to recognise revenue over time using the percentage of completion method.
MFRS 15 also requires an entity to present contract assets and contract liabilities separately from trade receivables and trade
enhanced disclosures about outstanding performance obligations, including quantitative information about future revenues.
0830 - 0900
0900 - 1030 Introduction and Overview
1030 - 1045 COFFEE BREAK
1045 - 1300
1300 - 1400 LUNCH
1400 - 1530 Application of MFRS 15 to Sales of Goods, Services and Licensing Arrangements
1530 - 1545 COFFEE BREAK
1545 - 1700
1700 END OF DAY 1
0830 - 0900
0900 - 1030 Application of MFRS 15 to Construction Contracts
1030 - 1045 COFFEE BREAK
1045 - 1300 Cases and Examples on Construction Contracts Accounting
1300 - 1400 LUNCH
1400 - 1530 Application of MFRS 15 to Property Development
1530 - 1545 COFFEE BREAK
1545 - 1700 Cases and Examples on Property Development Activities
1700 END OF SEMINAR
PROFILE OF SEMINAR LEADER
Implementation Committee (FRSIC) of the MIA.
of MIA, MICPA and a fellow member of AICB.
JUN
E
(February 10, 2020; Securities Commission Malaysia)
- PROFESSIONALISM AND BEYOND
let us further raise the audit quality to a higher level. Learn from the common observations
regulator.
With the introduction of the new Code of Ethics issued by the International Ethics Standards
Code of Ethics including enhancement to the conceptual framework, provisions relating to inducements; pressure to breach the fundamental principles and etc. You will also receive