(English) Updates on MFRS 15 Revenue from Contract with Customers (as of Sept 2020) by Ng Kean Kok (Chartered Accountant)

Everything you need to know about Updates on MFRS 15 Revenue from Contract with Customers (as of Sept 2020)

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Overview

This training seeks to provide the following for its participants:

  • Brief revision on MFRS 15 and MFRS 16
  • Discussions on lessons learnt to date
  • Practical issues faced by reporting entities
  • Certain considerations under COVID-19

Overall, this training seeks to provide the participants with high level coverage of the essentials of both MFRS 15 and MFRS 16, the challenges that entities face and the future expectations in financial reporting related to these two standards.

Objectives

  • Explain the basics of MFRS 15 and MFRS 16
  • Discuss the challenges and impacts that businesses face in respect of MFRS 15 and MFRS 16
  • Review of lessons learnt so far
  • Brief coverage of areas for review and preparation in businesses

Who Should Attend

  • Directors
  • Senior Accountants
  • Financial Controllers
  • Finance Managers
  • Accounts executive

Workshop Methodology

Intuitive & enthusiastic classroom-style workshop with PowerPoint presentations, active/ proactive sessions, real case study with illustrations, and Q&A session

Outline of session: MFRS 15

  • Introduction
  • Recognition and measurement – 5 step model
  • Contract costs
  • Disclosures
  • Challenges and practical insights
  • Lessons learnt to date
  • COVID-19 discussions



Your Instructor


Ng Kean Kok (Chartered Accountant)
Ng Kean Kok (Chartered Accountant)

Mr. Ng Kean Kok is a Chartered Accountant and has more than twenty years of auditing, accounting and company secretarial experience across various industries. Previously, he worked with one of the international accounting firms in the audit and advisory services and covered industries like agriculture, manufacturing, trading, marketing, banking and finance, and construction. He has served as a director and company secretary to several family related firms.

He is a member of the Malaysian Institute of Accountants (MIA) and fellow member of the Association of Chartered Certified Accountants (ACCA), UK. At MIA, he has served on several committees such as the Financial Reporting Standards Implementation Committee (FRSIC), Financial Statements Review Committee (FSRC), Public Accountants in Business (PAIB) Committee, Monitoring Committee and SSM Committee. He was previously also a Council Member. Furthermore, he is a member of ACCA’s Global Forum – Corporate Reporting. Previously, he served as member of ACCA Malaysia’s Technical Committee.

Last but not least, Mr. Ng has been involved in academic matters for over twenty years and has published various research articles, journals and books.


Course Curriculum


  20200904 Updates on MFRS 15 Revenue from Contract with Customers (as of Sept 2020)
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Frequently Asked Questions


Language Available ?
English only
Payment
One Time Off, No Annual Fee, No Renewal Fee
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Credit Card or Online Bank In
Venue & Access
100% Online Learning 24/7 Anytime, Anywhere
Supported Devices:
Desktop, laptop, smart devices & smart phones (iOS and Andriod supported).
Am I Allowed to Post Questions to Trainer After Live Webinar ?
Yes
How many times can I view the video replay ?
Unlimited Replay of Training Content
Are the Video & Training Materials downloadable ?
Yes. You will enjoy Unlimited Download of Video & Training Materials
Do You Issue Certificate of Completion ?
Yes, upon completion, you can download the Certificate of Completion
Will you update the training from time to time ?
This is not a guaranteed benefit when you sign up but we will try our best., You will receive UpToDate Training Content whenever the trainer feels necessary to do a follow up webinar.

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