The MIA Corporate Financial Reporting Conference 2022 which will be held on 26 September 2022 at Pullman Kuala Lumpur Bangsar is specifically designed to keep attendees up to date on key developments in corporate financial reporting and its implications and prospects for the profession.
One key development is the establishment of the International Sustainability Standards Board (ISSB) by the International Accounting Standards Board (IASB) which is paving the way for the adoption of Environment, Social and Corporate Governance (ESG) or sustainability values and climate change disclosure in reporting.
Participants will also be exposed to best practices and approaches for accounting and financial reporting via key highlights, updates, and panel discussions on various amendments and implementations to reporting as a critical instrument of any business strategy.
The following are some of the key session highlights from the Conference that will help delegates strengthen their organisations’ corporate financial reporting to meet evolving market and investor expectations.
Corporate Financial Reporting Today: An Overview
Focuses on key developments in corporate financial reporting and their potential impacts for business and the profession.
Key Highlights and Updates on the International Accounting Standards Board (IASB) in 2022
Get updated on IASB’s latest amendments and current projects for the year 2022.
Preparing IFRS-Compliant Corporate Financial Reports: Impacts of Climate-Related Disclosures on Financial Statements
According to the ISSB’s latest exposure draft on climate-related disclosures, climate change matters should be taken into consideration in applying IFRS Standards when the effect of those matters is material in the context of the financial statements taken as a whole. This session recommends angles and approaches for integrating climate matters in your reporting.
The Future of Financial Reporting: Automation Benefits and Best Practices
Explores how the adoption of automated financial processes could facilitate quicker and better gathering and consolidation of information compared to manual processes, thereby enhancing financial reporting and supporting better decision-making.
Implementing MFRS 17 and MFRS 9 Amendments
This panel will discuss concerns raised by insurance entities with regards to the implementation of MFRS 17 (Insurance Contracts) and MFRS 9 (Financial Instruments) and the amendments made by the IASB to address these concerns. Join this session to learn more about the amendments and their implications.
The Establishment of the International Sustainability Standards Board (ISSB) and the New Exposure Drafts
Focuses on the new ISSB and its work in developing a comprehensive global baseline of high-quality sustainability disclosure standards to meet investors’ information needs. This session will discuss the ISSB’s role and collaboration with the IASB in ensuring connectivity and compatibility between IFRS Accounting Standards and the ISSB’s IFRS Sustainability Disclosure Standards, while also sharing insights into the ISSB’s General Requirements Exposure Draft and Climate Exposure Draft.
Raison d’кtre of Professional Accountants: Leading the Incorporation of ESG in Reporting and Beyond
Explores how accountants can harness their financial and core competencies to drive the incorporation of ESG in corporate financial reporting in their organisations while contributing as strategic leaders and business advisors for business sustainability.
For more information on the Corporate Financial Reporting Conference 2022, please click here.