MFRS 16 Leases Public Seminar

Monday, 29 October 2018 | 9:00 a.m. – 12:30 p.m.

The Malaysian Accounting Standards Board (the Board) issued MFRS 16 Leases in April 2016 which set an effective date of 1 January 2019.

The new standard will likely present several key implementation challenges for entities, particularly lessees, in addition to technical accounting challenges.

As time has passed near to the effective date, these could be overwhelming if not planned early.

This new Standard covers the following key issues:

  • The options available on transition
  • Practical expedients available relating to the measurement of lease liabilities and right-of-use assets
  • The new information needed where judgments are involved in applying MFRS 16
  • The two ways to determine discount rates, i.e. the implicit rate of the lease, or if it is not practicable, the incremental borrowing rate of the lease
  • The factors a lender would typically consider to arrive at an appropriate incremental borrowing rate for the lease.

We are delighted to invite you to our MFRS 16 Leases Seminar, offering you the opportunity to understand the concepts and principles of this accounting standard to adequately prepare you to deal with the related implications.

Event details

Date Monday, 29 October 2018
Time 9:00 a.m. - 12:30 p.m.
Venue Deloitte Malaysia,
Meetpoint 4 and 5, Level 9, Menara LGB,
1 Jalan Wan Kadir,
Taman Tun Dr. Ismail,
60000 Kuala Lumpur
MFRS 16 Leases Public Seminar brochure


RM200* per participant

*Exclusive of 6% SST (inclusive of training materials, refreshments and lunch)

CPE hours/CPD points

Credit Credit points under the Continuing Professional Education (CPE) and/or Continuing Professional Development (CPD) programmes will be awarded to members of the:

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

Registration details

Name Email Contact
Veenashri Padmanathan +60 3 7610 8693
Khairil Azree Azizan +60 3 7610 7355


Time Session
9:00 a.m - 9.30 a.m. Registration
9.30 a.m. - 9:45 a.m. Welcome and introduction
9:45 a.m. - 11:00 a.m. Lessee accounting
11:00 a.m. - 11:45 a.m. Lessor accounting
11:45 a.m. - 12:15 p.m. Other requirements of MFRS 16 and Deloitte lease solutions available
12:15 p.m. - 12:30 p.m. Q&A
12.30 p.m. onwards Lunch and networking session

Deloitte Speakers

Izzad Shamsudin
Partner, Audit & Business Advisory
Deloitte Malaysia

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.

Foo Mei Yin
Senior Manager, Business Advisory
Deloitte Malaysia

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.


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.