november 2008 examination - The Malaysian Institute Of Certified ...

INSTITUTE NEWSContinuing Professional Development(CPD) ProgrammesThe Institute organised the following CPDprogrammes in the months of July - August 2008:A one-day Workshop on Recent Case Laws and TaxDevelopments on July 2, 2008. The objective of theworkshop was to provide participants with an in-depthunderstanding of the tax changes and developmentsbrought about by the decisions made to the recent caselaws. Mr Harvinder Singh, Managing Partner of Harvey &Associates led discussions.A one-day Workshop on Accounting for Constructionand Property Development Activities (FRS 111, FRS 1232004 andFRS 2012004) on July 14, 2008 at the Legend Hotel KualaLumpur. The workshop aimed to discuss the importantaspects of these FRSs and to highlight the major areas ofdifficulty in measuring and recognising revenue and costsassociated with construction contracts and propertydevelopment activities. Ms Lim Geok Heng, a freelancetechnical and training consultant led the discussions.A two-day Workshop on A Practical Guide to Auditingon July 28 & 29, 2008 at the Legend Hotel, Kuala Lumpur.The objective of the workshop is to equip participants withthe technical knowledge and skills in conducting an auditof financial statements in accordance with internationalstandards on auditing, which have been adopted forapplication in Malaysia.A one-day Workshop on Understanding FinancialStatements for Directors and Senior Management on July 17,2008 at the Legend Hotel, Kuala Lumpur. Ms Ng Mi Li, MrOng Ching Chuan and Ms Yee Chai Yun led participants toconsider how to manage shareholders’ expectations,knowing how the financials will be reported, and thecommunication of the financial information thereof.Participants also received a checklist of questions theyshould consider asking executive management indischarging their duties, particularly, pertaining to thefinancial information.Career Talks at Secondary SchoolsThe Institute continued in its efforts to presentscheduled career talks at secondary schools toForms 4, 5 and 6 students undertaking theprinciples of accounting subject. For the month of July, theInstitute presented a talk on Career in Accountancy to:70 students at SMK TTDI Jaya, Shah Alam onTuesday, July 1, 2008;120 students at SMK Alam Megah 2, Shah Alam onWednesday, July 2, 2008;120 students at SMK Sultan Abdul Samad onThursday, July 3, 2008;160 students at SMK Seafield, Subang Jaya onTuesday, July 8, 2008; and70 students at SMK Bandar Utama on Wednesday,July 16, 2008.22 | The Malaysian Accountant | August 2008 www.micpa.com.my