This is an intensive course on understanding and applying the latest updated requirements of FRS 132, 139, FRS 7 and the new IC 9 (referred to as FRS 9 in some jurisdictions), to financial statements.  FRS 132 reduces the complexity by clarifying and adding guidance, eliminating internal inconsistencies, classification of derivatives based on an entity’s own shares and to locate all disclosures.  

Preparation of Consolidated Financial Statements is a regular feature for preparers of company accounts and financial statements. Added to this are Standards which are required to be followed in their preparation.

 With constant changes being made to the Financial Reporting Standards to ensure that Malaysia keeps abreast of the financial reporting requirements in the international arena and convergence in 2012, the presentation and disclosure requirements of the various standards are becoming increasingly complex. 

FRS has been around in Malaysia for many years and more recently, the Standards are being upgraded to the internationally issued IFRS.  Several concepts and valuation methods have been introduced by the Standards and disclosure requirements have been significantly enhanced

With the continuing increase in the number of women constituting the workforce in Malaysia, potential for incidences of sexual harassment in the workplace are bound to be present.

The enforcement and maintenance of industrial discipline is an integral management function in any business enterprise, especially organizations with a medium to large employee headcount.  Proper disciplinary management not only preserves employee morale but also contributes to workplace productivity.

The Employment Act 1955 is the principal legislation governing employment practice in Malaysia.

An understanding of Malaysian Employment Law and Industrial Relations practices is an invaluable tool for workforce management.

The conduct of a PROPER Domestic Inquiry is a vital component in Disciplinary Management, particularly in instances of gross misconduct.

The ability to read, analyze and interpret financial data in the financial statements of an entity is no longer consider an advantage but rather the inability to do so is consider a serious handicap. These financial summaries of a business entity’s operation and position served as key documents in evaluation of relationship between the entity and its many stakeholders. Such relationships may include investing, business partnership, credit assessment, etc.