Practical Overview of MFRS/IFRS for Management Accountants - 2015

Date: 12 & 13 October 2015, Monday & TuesdayTime: 9.00am to 5.00pmVenue: CIMA Training Room, Lot 1.05, Level 1 KPMG Tower, 8 First Avenue Bandar Utama(16 MIA CPE Hours)

INTRODUCTIONAccounting Standards are constantly changing due to improvements, amendments and new issues, thus keeping up to date with current practices on the principles of MFRS/IFRS is a daunting task for management accountants in practice. This seminar attempts to make the task easier by giving an overview on the current practice of MFRS/IFRS.

OBJECTIVE

• To serve as a refresher course for management accountants• To provide an update on current technical issues• To provide an overview of selected Standards from the perspective of preparer and

management• To focus on practical interpretation of the standards and controversial practical issues • To highlight what is regarded as generally accepted accounting practice• To explain how accounting Standards influence management practices and audit

procedures as well as their impacts on the financial performance, financial positions, and cash flow information

PROFILE OF TRAINER

SBL claimable, subject to approval.

Limited 25 pax per workshop

Mr Danny Tan has over 30 years of workingexperience in public practice, commerce andindustry. In the early phase of his career he workedfor two UK-based Multinational companies for fiveyears and was engaged as an economist andsubsequently as a business development manager.Later he trained with a firm of CharteredAccountants in London where he qualified as aprofessional accountant. He continued hisprofessional career in public practice for 10 yearsbefore establishing a consulting firm specialising infinancial reporting.

In the last 18 years he is a partner of a consultingfirm providing technical training and consultancy inIFRS and IPSAS. Most of his client’s profiles aremainly from multinational companies, governments,regulators and professional institutions, auditorsand lawyers. Danny regularly provides continuingprofessional training in IFRS and IPSAS in London,Europe, Middle East, and the Asia Pacific.

Danny was engaged in an advisory capacity forcompanies and auditors on IFRS technical matters.He has held several honorary advisory roles infinancial reporting committees and working groups.He is currently a project manager with the MalaysianAccounting Standards Board, working on severalprojects. He is a member of the GovernmentAccounting Standards Advisory Committee.Academically he holds an Honours Degree inEconomics from England, two master degrees – anMBA in Finance from Scotland and a Master inAdvance Business Practice from Australia. Hisprofessional memberships include fellow member ofCIMA (UK) and ACCA (UK), member of MIA, CTIMin Malaysia and ISCA (Singapore).

REGISTRATION FEES

CIMA students/members RM1,000* (If you utilise 2 privilege passes, the fees will be RM500 and the passes will be deducted from your CGMA card/CIMA Student card automatically)Non members RM1,200* Privilege passes will be deducted from your card automatically. 

Registration starts 30mins before the start of class.Fee is inclusive of course materials, tea breaks and lunch. Payment details:

Register your seat with us by 30 September 2015, subject to availability of seats.

Kindly remember to bring your CGMA card / CIMA Student card.

REGISTRATION ENQUIRIES

Please forward all enquiries and registrations to: Ms Winnie NgT. 03 7723 0338E. CPD.SEAsia@cimaglobal.com

CIMA SE Asia Sdn. Bhd.Lot 1.05, Level 1, KPMG Tower8 First Avenue, Bandar Utama47800 Petaling JayaSelangor Darul Ehsan

COURSE OUTLINEPresentation, Disclosure and accounting policiesMFRS101 IAS01 Presentation of Financial StatementsMFRS107 IAS07 Statement of Cash FlowsMFRS124 IAS24 Related Party Disclosures MFRS08 IFRS08 Operating SegmentsAccounting PoliciesMFRS108 IAS08 Acct Policies, Changes in Acct Estimates and Errors MFRS1 IFRS1 First-time Adoption of MFRS/IFRS (Appendix)Revenue recognition and measurementMFRS118 IAS18 RevenueMFRS111 IAS11 Construction ContractsStandards Affecting measurement of Assets and LiabilitiesMFRS123 IAS23 Borrowing CostsMFRS121 IAS21 The Effect of Changes in Foreign Exchange RatesMFRS13 IFRS13 Fair Value MeasurementSelected Standards dealing with specific transactions and eventsMFRS112 IAS12 Income TaxesMFRS10 IAS10 Events After the Reporting PeriodMFRS2 IFRS2 Share-based PaymentsLiabilities (Accounting for obligations)MFRS37 IAS37 Provisions, Contingent Liabilities & Contingent AssetsMFRS120 IAS20 Accounting for Government Grants and Disclosure of Government

AssistanceMFRS119 IAS19 Employee BenefitsMFRS17 IAS17 LeasesTangible and Intangible AssetsMFRS02 IAS02 InventoriesMFRS16 IAS16 Property, Plant and EquipmentMFRS140 IAS40 Investment PropertyMFRS138 IAS38 Intangible AssetsMFRS05 IFRS05 Non-current Assets Held for Sale and Discontinued Operations

MFRS136 IAS36 Impairment of AssetsFinancial InstrumentsMFRS132 IAS32 Financial Instruments: PresentationMFRS139 IAS39 Financial Instruments: Recognition and MeasurementMFRS07 IFRS07 Financial Instruments: DisclosureBusiness combinations and Accounting for Investments InterestsMFRS03 IFRS03 Business CombinationsMFRS127 IAS27 Separate Financial StatementsMFRS128 IAS28 Investments in Associates and Joint Ventures MFRS10 IFRS10 Consolidated Financial Statements MFRS11 IFRS11 Joint Arrangements MFRS12 IFRS12 Disclosure of Involvement with Other Entities