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MFRS 16, Leases (Run 7)

MFRS 16, Leases introduces a single lessee accounting model which requires lessee to recognise assets and liabilities for the rights and obligations created by all leases. This workshop is designed to provide accounting and finance personnel with a thorough understanding in applying the new lease standard (MFRS 16) and how it would impact business and financial reporting. Participants will also be assessing contract using the assessment binder developed by KPMG.

(Note: Participants to bring a lease contract as a sample for this session.)

Speakers Fees
Chong Chen Kian

RM1,300 (RM1,200*) per person.

The fee is inclusive of training materials, refreshments and lunch. The fee is subject to SST 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.

Oh Sye Yi

Further information on the workshop is available here.

HRDF application may be made subject to approval by Pembangunan Sumber Manusia Berhad.

One World Hotel, Petaling Jaya.

For online registration, please click here.

For enquiries, please contact:

Ms. Lam Pei Ming
Tel: 03-7721 3959



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08:30 - 09:00 Registration and light breakfast
09:00 - 10:30

• Introduction

• Lease definition

10:30 - 11:00 Break and refreshments
11:00 - 13:00

• Lease definition (continued)

• Accounting model

- Lessee accounting

13:00 - 14:00 Lunch
14:00 - 15:30

• Accounting model (continued)

- Lessee accounting (continued)

15:30 - 16:00 Break and refreshments
16:00 - 17:30

• Accounting model (continued)

- Lessor accounting

- Other lease accounting topics

• Presentation

• Disclosure

• Transition options

Assessment binder is incorporated throughout the workshop.


Program Details

  • Certificate of attendance will be issued for 8 CPE hours.
  • Participants will receive a complimentary copy of KPMG’s First Impressions: IFRS 16 Leases that will help in your understanding of the new standard.
  • Along with the above, participants will also receive an assessment binder for MFRS 16 that has been developed by KPMG in Malaysia.
  • Who should attend: Directors, Audit Committee Members, Senior Management, Finance and Tax Managers/Executives, Regulators and Academicians.