The objective of the course is to update preparers and users of financial statements on

newly issued IFRS/MFRS, current amendments to IFRS/MFRS and IFRIC/IC. The course

also provides a technical brief on outstanding exposure drafts, discussion papers and

recent pronouncements issued by IASB.

Be up-to-date with the latest developments in financial reporting

Be aware of recent changes to IFRSs/MFRSs

Build on existing knowledge and be ready for compliance with the changing world of

IFRSs/MFRSs

Help to plan ahead for future changes

Understand the transitional provisions

Understand the effect of new changes to financial statements

BENEFITS OF ATTENDING

Lectures

Practical illustrations

Technical flow-chart and conceptual “mind map”

Interactive discussion

WHO SHOULD ATTEND

INTRODUCTION

METHODOLOGY

Personnel in accounting department

Accountants

Auditors (internal and external)

Company directors

Regulators

IFRS/MFRS Technical Update for Management

Accountants - 2015

Date : Friday, 20 March 2015

Time : 9.00am – 5.00pm

Venue : CIMA SE ASIA Office

SBL claimable,

subject to approval.

8 MIA CPE Hours

COURSE CONTENTS

1. A brief on IASB’s current work plan

2. New and Amended Standards with effective date of 1 January 2015 onwards

New and Amended Standards Issued in 2014 Issue

Date

Effective

Date

1 IFRS 14 Regulatory Deferred Accounts 30 Jan 14 1 Jan

2016

2 Accounting for Acquisition of Interest in Joint Operations

(Amendments to IFRS 11) 6 May 14

1 Jan

2016

3 Clarification of Acceptable Methods of Depreciation and

Amortisation (Amendments to IAS16 and IAS 38) 12 May 14

1 Jan

2016

4 IFRS 15 Revenue from Contracts with Customers 28 May 14 1 Jan

2017

5 Agriculture: Bearer Plant: (Amendments IAS16 & IAS41) 30 Jun 14 1 Jan

2016

6 IFRS 9 Financial Instruments 24 Jul 14 1 Jan

2018

7 Equity Method in Separate Financial Statements

(Amendments to IAS27) 13 Aug 14

1 Jan

2016

8

Sale or Contribution of Assets between and Investor and

its Associate or Joint venture (Amendments to IFRS10

and IAS28)

11 Sep 14 1 Jan

2016

9 Annual Improvements 2011-2014 Cycle 25 Sep 14 1 Jan

2016

10 IFRS Disclosure Initiative (Amendment to IAS1) 18 Dec 14 1 Jan

2016

11 IFRS Investment Entities: Applying the Consolidation

Exemption (Amendment to IFRS10, IFRS12 & IAS28) 18 Dec 14

1 Jan

2016

(Will include latest issues at seminar date in 2015)

3. Exposure Drafts

Exposure Drafts Issued in 2014

Date

Issued

ED/2014/1 Disclosure Initiative

Proposed Amendments to IAS1 25 Mar 14

ED/2014/2 Investment Entities: Applying Consolidation Exemption

Proposed Amendments To IFRS10 & IAS28 11 Jun 14

ED/2014/3 Recognition of Deferred Tax Assets for Unrealised losses

Proposed Amendments to IAS12 20 Aug 14

ED/2014/4

Measuring Quoted Investments in Subsidiaries, Joint

Ventures and Associated at Fair Value

(Proposed Amendments to IFRS10, IFRS12, IAS27 & IAS28

& IAS36 Illustrative Examples for IFRS13)

16 Sep 14

ED/2014/5 Classification and Measurement of Share-based Payment

Transections (Proposed Amendments to IFRS2) 25 Nov 14

ED/2014/6 Disclosure Initiative (Proposed Amendments to IAS7) 18 Dec 14

(Will include latest issues at seminar date in 2015)

4. Update on Key and Important Projects

Issue

Date

ED/2013/6 Leases (ED/2013/6) May 2013

DP/2013/1 A Review of Conceptual Framework for Financial Reporting Jul 2013

5. Discussion Papers

Discussion Papers issued in 2014

Date

Issued

DP/2014/1 Accounting for Dynamic Risk Management: a Portfolio

Revaluation Approach to Macro Hedging 17 Apr 14

DP/2014/2 Reporting Financial Effects on Rate Regulation 17 Sep 14

(Will include latest issues at seminar date 2015)

Trainer’s profile

Mr Danny Tan has over 30 years of

working experience in public practice,

commerce and industry. In the early

phase of his career he worked for two

UK-based Multinational companies for

five years and has engaged as an

economist and subsequently as a

business development manager. Later

he was trained with a firm of Charted

Accountants in London where he

qualified as professional accountant.

He continued his professional career in

public practice for 10 years before

establishing a consulting firm

specializing in finance reporting.

In the last 18 years he is a partner of a

consulting firm providing technical

training and consultancy in IFRS and IPSAS. Most of his client’s profiles are

mainly from multinational companies,

governments, regulators and

professional institutions, auditors and

lawyers. Danny regularly provides

continuing professional training in IFRS

and IPSAS in London, Europe, Middle

East, and the Asia Pacific.

Danny engaged in an advisory capacity

for companies and auditors in IFRS

technical matters. He had held several

honorary advisory roles in financial

reporting committees and working

group. He is currently a project

manager with the Malaysian

Accounting Standards Board in several

projects. He is a member of

Government Accounting Standards

Advisory Committee. Academically he

holds an Honours Degree in

Economics from England, two master degrees – an MBA in Finance from

Scotland and a Master in Advance

Business Practice from Australia. He

professional memberships includes

fellow member of CIMA(UK) and ACCA

(UK), member of MIA,CTIM in Malaysia

and ISCA (Singapore)

Mr Danny Tan, FCMA, CGMA

CIMA students/members RM250 (Total fee: RM500, 250 credit points will be deducted

from your CIMA Student card/CGMA card)

Non members RM600

Credits will be deducted from your card automatically. Actual fee applies if you have

insufficient credits in your card.

Registration fees

10 March 2015, subject to availability of seats..

Registration fees

Registration starts at 8.30am.

Fee is inclusive of course materials, tea breaks and lunch.

Payment details: cheque payable to CIMA SE Asia Sdn Bhd

Registration enquiries

Please forward all enquiries and registrations to:

Ms Jenny Teoh

T. 03 77 230 256

E. jenny.teoh@cimaglobal.com

CIMA SE Asia Sdn. Bhd.

Lot 1.05, Level 1, KPMG Tower

8 First Avenue, Bandar Utama

47800 Petaling Jaya

Selangor Darul Ehsan