Malaysian Financial Reporting Standards (MFRS)

Apply key MFRS requirements with greater confidence through practical explanations, worked examples and workplace-focused financial reportin Malaysian Financial Reporting Standards (MFRS) Apply MFRS requirements with greater confidence at month-end and year-end. This practical one-day workshop focuses on three recurring financial-reporting decisions that commonly create audit adjustments: accounting changes and errors, revenue recognition, and expected credit losses on receivables. WHO SHOULD ATTEND • Finance managers, financial controllers and accountants • Finance executives involved in month-end or year-end closing • Professionals preparing revenue, receivables or impairment schedules • Team members supporting audit queries and financial-reporting documentation WHY ATTEND / WHAT YOU WILL LEARN • Distinguish accounting policies, estimates and prior-period errors under MFRS 108 • Determine whether accounting changes apply retrospectively or prospectively • Apply the MFRS 15 five-step revenue-recognition model • Distinguish receivables, contract assets and contract liabilities • Assess point-in-time versus over-time revenue recognition and revenue cut-off • Apply the simplified lifetime expected-credit-loss approach under MFRS 9 • Build and document a practical ECL provision matrix • Integrate MFRS 108, MFRS 15 and MFRS 9 into a year-end review process PROGRAMME HIGHLIGHTS • MFRS reality check: recognition, measurement, presentation and disclosure • MFRS 108: accounting policies, accounting estimates and prior-period errors • MFRS 15: contracts, performance obligations, transaction price and revenue timing • MFRS 15 advanced applications: advance billing, unbilled services and contract modifications • MFRS 9: financial-asset classification and expected credit losses • Building an audit-defensible ECL provision matrix • Integrated year-end closing challenge with practical journal entries PROGRAMME DETAILS Date(s): 23 October 2026; 26 November 2026 Time: 9:00 AM-5:00 PM each day Duration: 1 day Delivery: Physical at Hotel Armada Petaling Jaya or online via Microsoft Teams Training Provider: KS Training Contact: 0173302519 / [email protected] Microsoft Teams joining details will be emailed to paid online participants before training. COURSE FEE • Standard reference fee: RM1,000 per participant • Physical promotional fee: RM800 per participant • Online promotional fee: RM599 per participant • Eventbrite service and payment fees are payable by the buyer. • If you want to claim HRDC, do not pay here. Please email [email protected]. WHAT IS INCLUDED • HRD Corp claimable training • Training materials and handouts • Course certificate TRAINER Mr CM Lim is a corporate trainer and business consultant specialising in accounting, taxation, SST, e-Invoice and financial management. He brings more than 18 years of practical accounting and advisory experience, including experience with a Top 5 accounting firm, and has trained and advised more than 900 companies. REFUNDS, SUBSTITUTIONS AND TRANSFERS Attendees may request a refund until seven calendar days before the selected training run. Participant substitutions or transfers to another intake require approval from KS Training. If KS Training cancels the programme, affected participants may choose an available alternative or receive a full refund. REGISTER NOW Strengthen your application of MFRS through practical scenarios, calculations and documentation exercises. Select your preferred training run and delivery option to register. For detailed brochures or HRD Corp claim arrangements, contact 0173302519 or [email protected].