Insight and Overview to Malaysian Private Reporting Standards (MPERS)

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  • Private Class Price is Per Day not Per Pax
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Private Class from

5400/day

(2 Days)

BENEFITS

Upon completion of this program, participants will be able to:

  • Provide an insight into MPERS to prepare the affected entities for the changeover from PERS to MPERS.

INTRODUCTION

The Malaysian Private Entities Reporting Standard (MPERS) shall apply MPERS to all private reporting entities for its financial statements beginning on or after 1 January 2016. The MPERS is closely aligned to the IFRS for SMES apart from the sections on income tax and real estate as well as the exemption of the presentation of consolidated financial statements. The requirements in all other sections in the MPERS are word for-word with the IFRS for SMES.


AUDIENCE

  • Accountants & auditors
  • Financial controllers and finance managers
  • Academicians

METHODOLOGY

Lecture-cum-discussions, Q&A sessions

WHY IS THERE A NEED FOR THE IFRS FOR SMALL AND MEDIUM-SIZED ENTITIES (SMES)
SUMMARY OF DIFFERENCES BETWEEN MPERS And IFRS For SMES
  • IFRS For SMES And IFRS
OVERVIEW OF MPERS
  • Presentation Of Financial Statements
  • Statement Of Financial Position
  • Statement Of Comprehensive Income And Income Statement
  • Statement Of Changes In Equity
  • Statement Of Cash Flows
  • Notes To The Financial Statements
  • Consolidated And Separate Financial Statements
ASSETS
  • Inventories
  • Investment Property And Borrowing Costs
  • Property, Plant And Equipment
  • Intangible Assets Other Than Goodwill
  • Impairment Of Assets
LIABILITIES AND EQUITY
  • Provisions And Contingencies
  • Employee Benefits
  • Share-Based Payment
  • Leases
  • Liabilities And Equity
GROUP
  • Business Combinations And Goodwill
  • Investments In Associates
  • Investments In Joint Ventures
PROFIT OR LOSS
  • Revenue
  • Income Tax
  • Foreign Currency Translation
OTHERS
  • Related Party Disclosures
  • Specialized Activities
  • Transition To MPERS
  • Basic Financial Instruments

Trainers