|MYR1,802.00 (including GST)|
For the year ended 31 December 2017, reporting entities applying the Malaysian Financial Reporting Standards (MFRS) would need to adopt three (3) amended MFRSs that are effective for annual financial statements commencing on or after 1 January 2017. For the year ending 31 December 2018, there are eight (8) new and amended MFRSs that are effective for annual financial statements commencing on or after on 1 January 2018.
Through issue-based examples highlighting changes from complex real-life practical cases and interactive discussions, reinforce your understanding of the changes arising from the new and revised MFRSs issued by the Malaysian Accounting Standards Council (MASB) and effective for the years 2017, 2018 and thereafter.
This programme is designed specifically for accountants, auditors and finance leaders involved in the preparation/audit of financial statements.
At the end of the workshop, you will:
Day 1: What’s New in 2017 & 2018, Bearer Plants and Revenue
Module 1: What’s New in 2017 and 2018
For annual periods beginning on or after 1 January 2017:
For annual periods beginning on or after 1 January 2018:
For annual periods beginning on or after 1 January 2019:
Preparing MFRS-Compliant Financial Statements for the year ended 31 December 2017
Module 2: Agriculture: Bearer Plants – Amendments to MFRS 116 Property, Plant and Equipment and MFRS 141 Agriculture (earlier application permitted)
Module 3: MFRS 15 Revenue from Contracts with Customers
Day 2: Financial Instruments and Leases
Module 4: MFRS 9 (2014 version) Financial Instruments
Module 5: MFRS 16 Leases
Tan Liong Tong is a Technical Consultant to Mazars Malaysia. He currently serves as a Project Manager of the Malaysian Accounting Standards Board (MASB) Working Group (WG 63) on Consolidation. He is a member of the Malaysian Institute of Accountants (MIA), Malaysian Institute of Certified Public Accountants (MICPA), and a fellow member of the Institute of Bankers Malaysia (IBBM).
He was previously an Associate Professor with the Graduate School of Management, University Putra Malaysia. He had also served as chief examiner, an academic advisor, and as a project manager for various working groups of the MASB. Tan Liong Tong is the author of Wolters Kluwer’s Financial Instruments: Recognition, Measurement, Presentation & Disclosures (3rd Edition)
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