[Online NEW] Practical MPERS Framework for Presentation of Financial Statements
Course Information
  • 25-Nov-2021
  • Online
  • Dr. Yee Hun Leek
  • English
  • RM 630 RM 530
    Until 30 Oct 2021
  • 9:00am - 5:00pm

 

[01] INTRODUCTION

Malaysian Private Entities Reporting Standard (MPERS) is a self-contained Standard that comes in 35 sections covering all the relevant areas of financial reporting by private entities. It is important because of adoption by Small and Medium Sized Enterprises (SMEs), which enhances the financial reporting quality and gains the confidence of all stakeholders.

 

The conceptual framework, concepts and pervasive principles have formed the basis for formulation of high-quality and consistent reporting standards. This webinar covers in detail Section 1 to 8 of the practical application of MPERS with regards to the presentation of financial statements and the disclosure requirements.

 

[02] COURSE OBJECTIVES

• To provide an overview of MPERS
• To highlight the conceptual framework, concepts and pervasive principles in MPERS
• To explain and apply MPERS in the presentation of financial statements

 

[03] WHO SHOULD ATTEND

• Accounts Executive
• Chartered Accountant
• Internal auditor
• Auditor
• Tax agent
• Company secretary
• Accounts and Finance Manager
• Financial controller / CFO
• Academician
• Company and Independent Directors

• Business owners

 

[04] METHODOLOGY

This workshop will be interactive using power-point presentation with practical examples and illustration of the presentation of financial statements and disclosure requirements using MPERS.

 

[05] DATE, TIME & FEE

 

Date: 25 November 2021 (Thu)

Time: 9.00am - 5.00pm

Mode: Online/ Interactive

[HRDF Claimable - SBL KHAS | CPD 7 Hours]

 

Fee:

- Early Bird Offer (before 30 Oct 2021)      -      RM 530

- Special Offer (before 17 Nov 2021)      -      RM 580

- Normal Fee   -    RM 630

 

>> Fee includes Course Notes, Certificate of Completion and 6% Service Tax.

 

** OFFER **

10% Cashback for SST2u Learner Card+ (SLC+) members. T&Cs applied.

 

[06] COURSE OUTLINE

 

[01] Overview of MPERS

- What is MPERS?
- Amendment to private entity definition

 

[02] Conceptual framework, concepts and pervasive principles
- The need of conceptual framework
- Concepts and pervasive principles in MPERS

 

[03] Presentation of Financial Statements

 

a) Financial statement presentation

- Fair presentation
- Compliance with the MPERS
- Going concern
- Frequency of reporting
- Consistency of presentation
- Comparative information
- Materiality and aggregation
- Complete set of financial statements
- Identification of the financial statements
Presentation of information not required by this Standard

 

b) Statement of Financial Position

- Information to be presented in the statement of financial position
- Current/non-current distinction
- Current assets

- Current liabilities
- Sequencing of items and format of items in the statement of financial position
- Information to be presented either in the statement of financial position or in the notes

 

c) Statement of Comprehensive Income and Income Statement
- Single-statement approach
- Two-statement approach

- Analysis by nature of expense
- Analysis by function of expense

 

d) Statement of Changes in Equity and Statement of Income and Retained Earnings
- Statement of changes in equity
- Statement of income and retained earnings

 

e) Statement of Cash Flows

- Cash equivalents
- Information to be presented in the statement of cash flows

- Indirect method
- Direct method
- Components of cash and cash equivalents
- Other disclosures

 

f) Notes to the Financial Statements

- Structure of the notes
- Disclosure of accounting policies
- Information about judgements
- Information about key sources of estimation uncertainty

 

Q&A Session

 

[07] TRAINER PROFILE

 

DR YEE HUN LEEK 

Certified HRDF Trainer 

BSc (Econ) Hons (London), MSc (UoG), PhD (Curtin) CA (M), FCCA (U.K), ACPA, CTP, CP (Consulting) AIMUK, PHF

 

Dr. Yee is an approved auditor and tax agent licensed by the Ministry of Finance; and a SSM Certified Trainer for MBRS. He has over 25 years of experience, including at KPMG Malaysia, in audit, tax, accounting, company secretarial and consultancy services. He has conducted GST / SST, auditing standards, accounting and tax related trainings for the Malaysian Institute of Accountants (MIA), the Malaysian Institute of Chartered Secretaries and Administrators (MAICSA), CCH / Wolters Kwuler (Malaysia), CPA Australia, universities and other training providers. Dr, Yee is a Technical Consultant of a leading Cloud Accounting Software Provider which incorporated the application of Robotic Process Automation (RPA), Machine Learning (ML) and Artificial Intelligence (AI) in finance. He is currently involved in a project with a software developer utilizing RPA, ML and AI for MBRS conversion.

Dr. Yee holds a Bachelor of Science in Economics, majoring in Management Studies from the University of London; a Master of Science in Accounting & Finance from the University of Gloucestershire (U.K.); and a PhD in Accounting & Finance from Curtin University, Australia. He is a fellow member of The Association of Chartered Certified Accountants (U.K.), an ASEAN Chartered Professional Accountant, a Chartered Accountant of the Malaysian Institute of Accountant, and an associate member of the Chartered Tax Institute of Malaysia.

 

[08] ENQUIRY & REGISTRATION

Enquiry: SSTcourse@gmail.com

Contact:

- General (03 - 5888 7357)

- Teo (011 - 3178 9203)

- Logesh (012 - 503 0346)

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- Han (019 - 323 0507)