4 December 2017 - 5 December 2017, 8:30AM - 5:30PM, MYT
MFRS 15, Revenue from Contracts with Customers is the new revenue standard which replaces all the existing revenue related standards and also introducing a new 5-step model in recognising revenue. This workshop is designed to provide accounting and finance personnel with a thorough understanding in applying the new revenue standard (MFRS 15) and how it would impact your business. Participants will also be assessing contract using the assessment binder developed by KPMG. (Note: Participants are encouraged to bring a revenue contract as a sample for this session.)
Further information on the workshop is available here.
For enquiries, please contact:
Ms.Lam Pei Ming
Tel: 03-7721 3959
|Day 1||Day 2|
|08:30 - 09:00||Registration and light breakfast
|09:00 - 10:00||
MFRS 15: Revenue from contracts with customers:
|Step 4 : Allocate the transaction price
|10:00 - 10:30||Step 1 : Identify the contract(s)|
|10:30 - 11:00||Break and refreshments|
|11:00 - 12:30||Step 1 : Identify the contract(s)(continued)||Step 5 : Recognise revenue|
|12:30 - 13:00||Step 2 : Identify the perfomance obligation|
|13:00 - 14:00||Lunch|
|14:00 - 15:00||Step 2 : Identify the perfomance obligation (continued)||Step 5 : Recognise revenue(continued)
|15:00 - 15:30||MFRS 15: Revenue from contracts with customers:•Contract modification|
|15:30 - 16:00||Break and refreshments|
|16:00 - 17:30||Step 3 : Determine the transaction price||MFRS 15: Revenue from contracts with customers:•Contract costs•Application guidance•Disclosure & transition
Assessment binder is incorporated at each of the 5-step model in assessing the contract.
|RM2,332 (RM2,160*) per person for two
|The fee is inclusive of training materials, refreshments and lunch. The
fee also includes GST of 6%. No cancellation and/or refund will be entertained
but replacement delegate is welcomed at no additional charge if registered
delegate is unable to attend.
* Registration and payment received 1 month before the event/Registration of 3 or more persons under the same companyor group of companies/KPMG Alumni members/KPMG clients.
HRDF application may be made under the Skim Bantuan Latihan, subject to approval by Pembangunan Sumber Manusia Berhad