How do buying and selling investments impact your financial statements?

[wc-ps]
Academy
How do buying and selling investments impact your financial statements?

How do buying and selling investments impact your financial statements?

[wc-ps]
Academy
How do buying and selling investments impact your financial statements?

In brief

Understand the impact of increasing or decreasing a stake in investments in subsidiary, associate or joint arrangements. This workshop is designed to reinforce your practical knowledge and enhance your awareness of complexities in this area.

Note: pricing is customised, contact us for more information.

1 day                  Classroom/virtual

 

Target audience

 
  • Finance directors
  • Tax controllers
  • Senior management
  • Finance and tax managers/executives
  • Financial analysts
  • Regulators, academicians and accountancy students
 

Objectives

 

In this workshop, we aim to highlight and illustrate scenarios when a company increases or decreases its shareholding in an investment and the potential impact that may arise, including the immediate impact to profit or loss. Changing a stake in an investment can take various forms, for example:

  • Increasing a stake in an investment in associate to an investment in joint venture or subsidiary (“step up”); or
  • Decreasing a stake in an investment in subsidiary to an investment in joint venture or associate (“step down”)
 

Agenda

 
  • What are the different investment categories under various MFRS and why is it critical to accounting for any acquisition or disposal of investments?
  • How to develop an accounting policy in situations not covered by MFRS such as increasing an investment in associate (which remains an associate post acquisition)?
  • Do you need to perform or obtain fair value of your investment for each and every time you change your ownership percentage in that investment?
  • When do you need to apply MFRS 5 Non-current Assets Held for Sale and Discontinued Operations when you are committed to a plan to sell an investment?
  • What are the requirements to restate comparatives under MFRS 5?
 

Professional associations recognising PwC CPE points

 
  • Malaysian Institute of Accountants (MIA)
  • Malaysian Institute of Certified Public Accountants (MICPA)
  • Association of Chartered Certified Accountants (ACCA)
 

HRDF claimable

Not applicable

 

Available in

Malaysia

 

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