SSM New Financial Statements Submission Platform (MBRS) – Accountant As Subject Matter Experts

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Suruhanjaya Syarikat Malaysia (SSM) has introduced a submission platform based on the eXtensible Business Reporting Language (XBRL) format.

This submission platform will be known as the “Malaysian Business Reporting System” (MBRS) for which businesses will use such a platform to submit the following:

  • Financial Statements and Reports (FS);
  • Annual Return (AR); and
  • Exemption Applications (EA) which are related to the FS and AR applications.

This training shall emphasise on the completion of the templates for financial statements and reports, for which the coverage shall include:

  • Basic information about the company;
  • Directors Report;
  • Statutory declarations;
  • Financial Statements (FS);
  • Notes to the Accounts; and
  • Other information as required by SSM.

In the main, it shall cover financial statements and Key Financial Indicators (KFI).

 

Brochure

— Course Fee: RM 790.00 (Inclusive of 8% Service Tax) —

What Will You Learn?

  • Able to use the preparation tool (mTool)
  • Able to effectively submit through MBRS
  • Know the information required for submission

Module 1: Introduction

  • Introduction to:

eXtensible Business Reporting Language (XBRL)

Malaysian Business Reporting System (MBRS)

Module 2: Filing requirements and processes (Part 1)

  • MBRS Filing Requirements
  • Submission workflow for:

> Annual Return (AR)

> Financial Statements and Reports (FS)

> Exemption Applications (EA)

> Key Financial Indicators (KFI)

Module 3: Filing requirements and processes (Part 2)

  • Differences in expectations between company secretaries and accountants
  • Interaction of roles / responsibilities between company secretary and accountants
  • Components of the Financial Statements and Reports (FS) templates – hands-on

Module 4: Lessons learnt and conclusion

  • Commentary on observations
  • Preparations required
  • Lessons learnt
  • Conclusion
  • Other