MFRS 16 Leases: Accelerating your readiness
Tuesday, 30 October 2018 | 9:00 a.m. – 11:30 a.m.
Technology is an important component of the end-to-end lease accounting process. Careful consideration of the available options is key to success.
As part of Deloitte’s Digital Finance Transformation offerings, we are conducting a breakfast talk to introduce our Anaplan|Deloitte MFRS 16 Leases app and the Kira contract data extraction platform to accelerate your readiness for the adoption of MFRS 16 Leases (MFRS 16).
This breakfast talk will cover a high-level overview of the requirements of MFRS 16 as a lessee, which is applicable for annual periods beginning on or after 1 January 2019. To overcome practical difficulties, we are pleased to introduce our Anaplan|Deloitte and Kira solutions.
Through the live demonstration of the Anaplan|Deloitte MFRS 16 Leases app, finance leaders are shown the possibilities of simplifying their MFRS 16 compliance process to suit their needs.
Kira’s innovative solution for lease contract extractions make detailed reviews of leases easier, allowing users to complete lease reviews in half the time.
These offer clients with large portfolios and high volumes of leases a comprehensive and efficient end-to-end solution.
|Date||Tuesday, 30 October 2018|
|Time||9:30 a.m. - 11:30 a.m.|
Meetpoint 4 and 5, Level 9, Menara LGB,
1 Jalan Wan Kadir,
Taman Tun Dr. Ismail,
60000 Kuala Lumpur
|9.00 a.m.||Registration and refreshments|
|9.30 a.m.||Overview of MFRS 16|
|9.50 a.m.||Demonstration of the Anaplan | Deloitte MFRS 16 Leases App|
|10.50 a.m.||Introduction to the Kira - Lease contract extraction|
Partner, Audit & Business Advisory
Izzad has more than 10 years of experience in the public accounting practice. Prior to joining Deloitte, he was Head of Finance and ICT in a multinational company and a Senior Audit Manager in another audit firm.
Izzad’s clients include small and medium enterprises (SMEs) and multinational and public-listed companies from various industries including banking and financial markets, manufacturing, retail, media and commerce. He also has extensive experience with clients from the banking sector and government-linked companies (GLCs).
He was also a manager in an advisory practice specialising in banking and capital markets. His advisory exposure includes being a programme manager and advisor for the setup of the Islamic Banking Window of a foreign bank, facilitator and content developer for a senior management strategy retreat for a leading development financial institution and manager for a simulation exercise involving a bank failure for a leading statutory body.
He is a member of the Institute of Chartered Accountants in England and Wales (ICAEW) and the Malaysian Institute of Accountants (MIA) with a degree in accounting science from Cardiff University, United Kingdom.
Lisa Jane (LJ) has over 20 years of experience consulting in finance and business transformation. She has a strong background in finance, is a CPA, holds an MBA and is PRINCE2 certified. LJ leads the Anaplan practice in South East Asia and has extensive experience in enterprise management solutions.
LJ has worked with global organisations, financial institutions and governments on large scale businesses, technology and ERP transformation programmes and financial transformation, financial planning and management and statutory reporting solutions. She is accustomed to managing and liaising with stakeholders from the boardroom to the shop floor.
Foo Mei Yin
Senior Manager, Business Advisory
Mei Yin has experience in the public accounting practice in other Big Four firm. She has been involved in the audits of local subsidiaries of large multinational corporations, public and private companies that operate in various industries including property development and construction, conglomerate (investment holding, distribution, property management, plantation, property development and secretarial), Real Estate Investment Trusts (REIT), education, engineering services, trading, manufacturing and retail industries.
She has advised companies on the adoption of appropriate accounting policies and practices and was involved in Malaysian Financial Reporting Standards implementation projects and various accounting advisory services.
She currently provides technical support to the Audit and Business Advisory Service line.
Mak Wai Kit
Senior Manager, Audit & Assurance
Mak Wai Kit has over 10 years of experience in the public accounting practice, including 18 months spent with Deloitte San Francisco.
His experiences include advisory projects on implementation of accounting standards for banks, public companies and government linked companies.
In the past 3 years, Wai Kit has worked closely with a main client, a US FPI and subsidiaries of US issuers. During his career, he has provided audit and accounting implementation services to financial institutions and public listed companies. He has also led the rollout of audit analytics and innovation. He is a member of Malaysian Institute of Accountants (MIA) and member of CPA Australia.
The organiser reserves the right to cancel and/or make changes to the programme, venue, speaker(s)/ facilitator(s) and/or topic(s) if warranted by circumstances beyond its control.