#8SJ= W S#=8 S= 7 JN - SSM Certified MBRS Training · 1 J8; =WS;7 JN Join us in learning MBRS &...
Transcript of #8SJ= W S#=8 S= 7 JN - SSM Certified MBRS Training · 1 J8; =WS;7 JN Join us in learning MBRS &...
LEARN ABOUT MBRS
Join us in learning MBRS & Annual Returns submission via MBRS
LEARN HOW TO USE MBRS
INTRODUCTION TO MBRS
JOINTLY ORGANISED WITH:
C O U R S E I N T R O D U C T I O N
On 27 September 2018, Suruhanjaya Syarikat Malaysia (SSM) has launched the Malaysian Business
Reporting System or its acronym, MBRS. MBRS refers to the submission platform based on the eXtensible
Business Reporting Language (XBRL) format.
MBRS allows for the submission of:
i. Annual Return (AR);
ii. Financial Statements and Report (FS); and
iii. Exemption Applications (EA) related to the FS and AR.
The guiding principles behind the financial and the non-financial scopes for MBRS is based on the
Companies Act 2016, Malaysian Private Entities Reporting Standards (MPERS) and Malaysian Financial
Reporting Standards (MFRS).
The mandatory submission for annual returns, certificate for private exempt company and unaudited
financial statements to SSM are in two phases and by zones from November 2018.
Information on MBRS and the MBRS Preparation Tool (mTool) can be accessed for free at
http://www.ssm.com.my/Pages/Services/Other-Services/MBRS.aspx
C O U R S E O B J E C T I V E S
This 1-day course aims to provide participants with an in-depth understanding of XBRL format and MBRS
platform for the purpose of compliance with the requirements contained in the Companies Act 2016.
Participants will gain working knowledge on the MBRS filing requirements and how to optimise the use
of the mTool to ensure smooth submission of annual returns and financial statements.
C O U R S E C O N T E N T S
1. What is XBRL and how does it work?
2. Introduction to Malaysian Business Reporting System.
3. Components of MBRS: SSM Taxonomy (SSMxT), MBRS preparation tool (mTool), MBRS Portal (mPortal)
4. Compulsory SSM digital signature registration.
5. Submission workflow for AR, FS, EA and key financial indicators (KFI).
6. Install and getting started with the preparation tool.
7. Introduction to SSMxT (SSM Taxonomy).
8. Preparation and filing MBRS Annual Returns.
LEARNING OUTCOME
Have an overview of the MBRS filing requirements.
Get started with the preparation tool (mTool).
Submit AR via mPortal.
Get an overview of MBRS Financial Statements.
Company Secretaries, Directors, Accountants,
Auditors, Finance Professionals, Business Owners
and those interested to learn about MBRS.
WHO SHOULD ATTEND
By attending this course, participants will be able to:
A B O U T T H E T R A I N E R S
Jeremy holds a Bachelor's degree in Accounting, Banking and Finance. He is an
experienced external auditor and has audited over 10 large Corporations during his time
at one of the Big Four audit companies. Jeremy is well adept in Malaysian Financial
Reporting Standards (MFRS) and International Financial Reporting Standards (IFRS). He is
also proficient in Malaysian Law practices, specifically in Common Law and Companies
Act.Jeremy Chua
Teck Wee
Shraddha is a Chartered Accountant and is a member of the institute of Chartered
Accountants of India (ICAI). She holds a Diploma in Information System Audits (DISA) and
a Diploma in International Financial Reporting Standard (IFRS). Shraddha has sound
experience in Internal Audits, Statutory Audits, Financial Reporting, Preparation and
Reviewing of Financial Statements, and compliance with statutes. She possesses a good
understanding of Accounting Standards, Generally Accepted Accounting Principles
(GAAP), and Tax Laws. On top of these, Shraddha is involved in designing, developing, and
maintaining various taxonomies with different regulators as well as participating in
training programmes on XBRL implementation across the globe.
Shraddha Bagul
W H Y C H O O S E U S ?
After over three decades in the industry, OMESTI has evolved to become a leading player in the technology
landscape serving clients across key industry verticals including: financial services, institutions, government
organisations, telecommunications, media & entertainment, transportation & logistics, utilities and
education.
Formis Network Services receives direct support from OMESTI. We have the advantage of being more
knowledgable on the system and will be able to provide you with assistance on the spot. Exclusive post-
event technical support will also be available to all participants.
The Companies Commission of Malaysia Training Academy (COMTRAC) was established on 1 April 2007
to spearhead the Companies Commission of Malaysia's (SSM) external stakeholders training initiatives. Its
mission is to train and educate a wide array of corporate role-players consistent with SSM's functions as
stipulated under subsection 17(d) and 18(2) of the Companies Commission of Malaysia Act 2001. The
Academy is known as COMTRAC & Knowledge Management Division since 2017. Please visit
www.ssm.com.my to find out more about SSM and COMTRAC and its training programmes.
C O M P A N I E S C O M M I S S I O N O F M A L A Y S I A
T R A I N I N G A C A D E M Y P R O F I L E
T R A I N I N G M E T H O D O L O G Y
Lectures supported with presentation slides and Q&A Sessions.