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