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      MFRS Application and Implementation Committee Awareness Programme in George Town


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      September 23, 2019

      Monday   8:30 AM

      183 Jalan Magazine
      George Town, Pulau Pinang

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      EVENT DETAILS
      MFRS Application and Implementation Committee Awareness Programme

      The Malaysian Accounting Standards Board (MASB) is organising a half-day Awareness Session on MFRS Application and Implementation Committee (MAIC). MFRS Application and Implementation Committee Malaysian Accounting Standards Board (MASB) set up MFRS Application and Implementation Committee (MAIC) on 28 January 2019 to look into issues where there are existing and potential divergent practices as well as facilitating consistent application and implementation of the Malaysian Financial Reporting Standards (MFRS) for the benefit of capital market. The MASB’s work programme and involvement in the application and implementation of MFRS mirror that of the International Accounting Standards Board (IASB) and its interpretative body, IFRS Interpretations Committee which works with the IASB in supporting the application and implementation of IFRS Standards. Mr. Foo Yoke Pin, Project Director of MFRS Implementation Activities will provide participants with insightful information on MAIC and how MAIC supports stakeholders of financial reporting. IFRIC’s Agenda Decisions However, they should be seen as helpful, informative and persuasive in ensuring consistent application of Malaysian Financial Reporting Standards, which are word for-word the IFRS Standards. Ms. Tan Bee Leng, Executive Director of MASB will brief the participants on agenda decisions and how preparers of financial statements prepare for the adoption of agenda decision impacting them. The half-day session will provide participants with a platform to: better understand the roles and responsibilities of MAIC as well as its due process in facilitating consistent application and implementation of MFRS; receive an update on the MFRS application and implementation issues considered by MAIC;  have a better insight into IFRIC’s agenda decision; and prepare themselves for the upcoming IFRIC’s agenda decisions.

      Categories: Business & Networking

      Event details may change at any time, always check with the event organizer when planning to attend this event or purchase tickets.