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Impact of COVID-19 on Financial Reporting
The evolving COVID-19 pandemic situation has changed the business landscape and outlook of organisations, especially for entities that are adversely affected by greater degrees of risks and uncertainties. In weathering the COVID-19 storm and bracing for the new normal, it is imperative that businesses manage their risks and maintain business continuity by reassessing their business model and activities and address stakeholders’ needs. The evolving situation and changes affecting organisations may have significant implications on the financial reporting of entities and pose challenges in the application of accounting standards. Hear directly from industry players and auditors on their take on addressing the financial reporting impact of COVID-19 in this webinar.
This session will cover:
- Assessing and addressing the impact of COVID-19 on businesses
- Financial reporting implications of COVID-19
- Significant areas of judgement and estimation uncertainties
- Managing communication with stakeholders
Date: 3 June 2020, Wednesday
Time: 10.00 am – 11.30 am
Opening remarks: Dr. Nurmazilah Dato’ Mahzan, Chief Executive Officer, MIA
Moderator: Simon Tay, Executive Director of Professional Practices & Technical Division, MIA
Panellists:
Siew Kar Wai, Partner, PwC
Tan Khoon Yeow, Partner, BDO
Azizan Abd Aziz, Chief Financial Officer, Bank Islam
Ramamoorthy Rajagopal, Senior Vice President Finance, Axiata
Link to register: https://attendee.gotowebinar.com/register/4293898977768240395
The Cybersecurity & Cloud Growth in Digital Economy post COVID-19
This session will cover topics such as:
- COVID-19 impact on Digital Economy, new norm and the future
- #DIGITALVSCOVID: Outbreak-related government initiatives
- Cybersecurity and Cloud Growth: The Increasing demand amid crisis for business continuity
- Journey of working remotely in the new norm: Work-from-home cybersecurity and cloud for accelerated productivity
Date: 19 May 2020
Time: 11 am to 12.30 pm
Speakers:
Wan Mudrani Wan Mohamad, Director, Malaysian Digital Economy Corporation (MDEC)
Chan Kee Siak, Founder and Chief Executive Officer, Exabytes Group
Fun Ping Hon, Chief Executive Officer, NetAssist (M) Sdn Bhd
Link to register: https://bit.ly/2NGv3m4
Download the brochure: https://bit.ly/2Z0fyKb
For more information, please email [email protected]
Enterprise Risk Management Considerations post COVID-19
Enterprise Risk Management (ERM) has become an annual check-the box activity, but the COVID-19 pandemic clearly shows the need for attention and rigor. While many organisations might have had an ERM strategy in place, but many did not take the chance to assess their ERM policies, evaluate contingency plans and may have also failed to execute. Now is the moment to step up and look beyond the annual routine.
Date: 12 May 2020 (Tuesday)
Time: 4:00 – 5:00 PM
Speaker: Hesham Hamdy, International Risk Management and Corporate Governance Expert
Link to register: https://bit.ly/2NGv3m4
Link to download brochure: https://bit.ly/3fEI0Ya
Governance in the New Norm
This session will cover topics such as:
- Changes in the focus of business post COVID-19
- Pressure of financial performance and its linkage to higher risk of fraud
- Traditional “box ticking governance” versus “new norm governance”
- The impact on sustainability
Date: 12 May 2020 (Tuesday)
Time: 11am – 12.00pm
Trainer: Geetha A. Rubasundram, Senior Lecturer, Chairperson for the Centre in Integrated Reporting Asia Pacific University
Link to register: https://bit.ly/2NGv3m4
Download the brochure: https://bit.ly/2SIa6b7
For more information, please email [email protected]
Data Driven Decision for Finance and Accounting Professionals
This webinar will encourage participants to:
- Understand the role of analytics among finance and accounting decision making process
- Disseminate values received from practical data-driven decisions to own organisations/clients
- Kickstart the journey to make data-driven decisions
Date: 12 May 2020 (Tuesday)
Time: 10:00 am – 12:00 pm
Speakers:
- Dr. Nurmazilah Dato’ Mahzan, CEO, Malaysian Institute of Accountants (MIA)
- Rasmimi Ramli, Deputy Executive Director, MIA
- Dato’ Ng Wan Peng, CEO, Malaysia Digital Economy Corporation (MDEC)
- Ir. Dr. Karl Ng Kah Hou, Director, Data Ecosystem Development, MDEC
- Kang Yew Jin, Group Chief Technology Officer, Star Media Group
- Dato’ Vimmy Yap, Founding Chairman, 6Biz Sdn Bhd & GoKudos Sdn Bhd
Link to register: https://bit.ly/2SMCOYd
Section 17A – MACC (Amendment) Act 2018 and Adequate Procedures
This featured session will cover specific topics such as:
- The Menace of Bribery and Corruption
Global Efforts & International Laws Against Corruption
Types of Corrupt Practices under MACC Act 2009 - Corporate Liability Provision (CLP), Section 17A
What is CLP, Section 17A?
Section 17A, MACC Act 2009 vs. Section 7, UK Bribery Act 2010
International Case Examples - Ministerial Guidelines on Adequate Procedures
Objective / Background
Principles of T.R.U.S.T
Date: 6 May 2020 (Wednesday)
Time: 11am – 12pm
Trainer: Raymon Ram, Managing Principal, Graymatter Forensic Advisory Sdn Bhd
Link to register: https://bit.ly/2NGv3m4
Download the brochure: https://bit.ly/2Kuhimp
For more information, please email [email protected]
Accounting considerations of the COVID-19 pandemic and economic recession
The new coronavirus started as an epidemic in China and evolved into a pandemic in March 2020. A severe economic recession is expected to follow. This course provides a quick overview of the accounting considerations needed for preparation of financial statements during and post pandemic and the consequential economic recession. The topics to be covered include impairment of assets (PPE, inventories, etc.), impairment of financial assets (expected credit loss), government grants, onerous contract and other provisions, re-assessment and modification of lease contracts, fair value measurement, other accounting estimates and measurement uncertainties, as well as the issue of going concern.
Date: 30 April 2020 (Thursday)
Time: 2.00pm – 3.00pm
Duration: 1 hour
Trainer: Dr. Lau Chee Kwoong
Link to register: https://bit.ly/2VWxYsa
Download the brochure: https://bit.ly/2Y1Ma5L
For more information, please email [email protected]
COVID-19 Impact on Accounting, Reporting and Internal Controls – Brief Comments
Coronavirus will have impact on the processes that relate to accounting, reporting and internal controls which require entities to consider and look into these areas. This session will cover some brief comments on the impact of Coronavirus on accounting, reporting and internal controls that would need to be considered by those charged with governance and the management.
Date: 28 April 2020 (Tuesday)
Time: 11.00am-12.00pm (1 Hour)
Trainer: Ng Kean Kok
Platform: MS Teams
Link to register: https://bit.ly/2VWxYsa
Download the brochure: https://bit.ly/2KwiOod
For more information, please email [email protected]
Surviving COVID-19: Being Kind in a Challenging Situation
What happens when you have to make difficult decisions? What is the best approach when you have to let people go? How do we ensure that we are able to come back when the time is right? What are the steps to take to retain talent even when you have to let them go? How do real leaders respond to a time of crisis? In these unprecedented times, business entities are facing significant challenges and need to respond rapidly to rise to the challenge. Here are some points to be discussed:
Date: 27 April 2020 (Monday)
Time: 11:00 AM – 12:00 PM
Trainer: Jasmine Ng, Advisory Board Member GTR Ventures
Link to register: https://bit.ly/2NGv3m4
Download the brochure: https://bit.ly/2XZsq2L
For more information, please email [email protected]
Highlights of Tax Measures announced in the COVID-19 Economic Stimulus Package – Impact on Businesses
The government has recently unveiled the Covid-19 Economic Stimulus Package (ESP), in a bid to cushion the impact of business disruption resulting from the Movement Control Order (MCO). Businesses of all sizes need more support during this challenging period, to reduce risk of bankruptcy or permanent closure.
The Webinar will explore all the latest key tax measures included in the ESP such as deferment of tax payments and tax related incentives to mitigate cash flow risk. Further, the speaker will also cover some post MCO tax management strategies including tax audit by IRBM.
Business owners are advised to take advantage of all the available stimulus measures to restructure and reorganise their business operations.
Date: 27 April 2020 (Monday)
Time: 3.00pm to 4.00pm (1 Hour)
Trainer: Krishnan KSM
Platform: MS Teams
Link to register: https://bit.ly/2VWxYsa
Download the brochure: https://bit.ly/3cMzC6m
For more information, please email [email protected]
The Contemporary Issues in Applying IFRS – 2020
This session will cover on contemporary concepts and principles by applying the new conceptual framework (Effective 1 Jan 2020) and the new principles of materiality. A brief on effects of Covid-19 on financial reporting will be discussed particularly on the applying the concepts and principles to uncertain environment due to pandemic such as impairment of assets, income determination, provisions, asset valuation, effects of incentives and government relief schemes, etc. Besides, disclosure of risk, forward looking information and adjusting or non-adjusting events will be briefly explained.
Date: 23 April 2020 (Thursday)
Time: 2 hours with assessment (10am-12pm)
Duration: 1 hour
Trainer: Danny Tan
Platform: MS Teams
Target Market: Financial Controllers, Accountants, Auditors
For more information, please email [email protected]
Finance Related Issues in Managing COVID-19
The current crises show’s us that “Cash is king”. All successful companies which is going to survive the crisis, and maybe even profit from it must focus on cash flows and financial strategies.
This session explores how your company could ride through this crisis by implementing good cash flow management and appropriate strategies.
We would also focus on how government incentives could play a role.
Date: 22 April 2020 (Wednesday)
Time: 3.00pm – 4.00pm
Duration: 1 hour
Trainer: T. Tharmaseelan
Link to webinar: TBA
For more information, please email [email protected]
Business Survival during the COVID-19 era
During the COVID-19 pandemic, business survival is crucial. This session will cover specific topics such as:
- Current Global Crisis: Essentials for Fast Recovery and Growth
- The Business Survival Imperative
- The Savings Opportunities are Everywhere
- Typical Savings Time Horizons
- Savings Sprints Deliver the Full Optimised Value
- Business Survival and Optimisation – Key Focus Areas
- Agile Business Optimisation
- Rapid Cost Take-Out Programme
- Cost Take-Out Fast Track
Date: 22 April 2020 (Wednesday)
Time: 11.00am – 12.00pm
Duration: 1 hour
Trainer: Dr. Sekar Jaganathan, Advisor
Link to register: https://bit.ly/2NGv3m4
Download the brochure: https://bit.ly/2RGROGt
Online Meetings: Security Challenges and Solutions
Worried if someone is tapping into your online meeting conversation? Then join this one hour talk to understand cyber-security concerns relating to online meeting platforms and hear from a well-known cyber-security expert about the tips and tricks you can use to keep you safe during this period.
Date: 21 April 2020 (Tuesday)
Time: 3:00pm – 4:00pm
Duration: 1 hour
Trainer: Clement Arul, Founder/CEO, Kaapagam Technologies Sdn. Bhd
Link to register: https://bit.ly/3bgWvPf
Download the flyer : https://bit.ly/2z0YmJA
How to Sustain Business During COVID-19 Crisis?
During this COVID-19 pandemic, extensive planning is critical for businesses. This session will cover specific topics such as:
- Business model changes – Right time for Digital Transformation
- Is Digital Disruption happening to your organisation?
- Pricing – Detailed Review
- Profit pools – Are we leaving money on the table?
- Market Segmentation and precise High Valued Customer profitability
- Planning & Cash flow – Best, Worst and Realistic case
- Borrowing, extension of payment with Banks and others
- CAPEX planning and potential deferment
Date: 21 April 2020 (Tuesday)
Time: 11.00am – 12.00pm
Duration: 1 hour
Trainer: Chari TVT, Business Consultant and Board Member
Link to register: https://bit.ly/2NGv3m4
Download the brochure: https://bit.ly/2VqHjIo
Accounting and Payroll During Movement Control Order (MCO) Period
Not allowed to go back to office to process accounting and payroll? Then join us to discover how it can be done from anywhere & anytime to keep your business rolling as usual!
Date: 20 April 2020 (Monday)
Time: 3:00 – 4:00 PM
Duration: 1 hour
Trainer: Chean Chun How, Managing Director, High Pines Training and Consultancy Sdn Bhd
Link to register: https://bit.ly/2ym6wMm
Download the flyer: https://bit.ly/2Vz8voB
Tax Considerations in Dealing with the impact of COVID-19
The rapid outbreak of the COVID-19 persents an alarming crisis that the world is grappling with. Companies with significant operations in affected areas should think about the broader implications of their business decisions and their strategy moving forward. Find out what are the tax considerations for all business leaders as they navigate disruptions resulting from COVID-19.
Date: 20 April 2020 (Monday)
Time: 2:30pm – 3:30pm
Duration: 1 hour
Trainer: Thenesh Kannaa, Partner, TraTax
Link to register: https://bit.ly/2NGv3m4
Download the flyer: https://bit.ly/2VsGZsQ
