Related Party Transactions: How to Mitigate Transfer Pricing Risk
Concept of transfer pricing (TP)
Malaysian TP rules and documentation requirements
Common TP audit focus areas
TP penalty regime
How to mitigate TP risk?
Payment To Non-Residents: Do We Need To Withhold Tax? & Debt vs. Equity Funding–Which is more Tax Efficient?
Concept of withholding tax (WHT)
Types of payments subject to WHT
Obligations of Malaysian payers
Implications of non-compliance
Record keeping
Characteristics of Debt vs. Equity Funding
Hybrid instruments
Interest vs. Dividend Income – taxable?
Common tax issues on interest expense
Debt vs. Equity: Is one better than the other?
Detecting Financial Fraud & Overview of the Companies Act 2016, Practical Insights & Challenges
Why financial frauds happen?
Who are the fraudsters?
Why financial frauds go undetected?
What are the sources of detection?
What are the financial and personal red flags?
Why boards fail to detect financial frauds?
Case studies on companies listed on Bursa Securities
Highlight of changes incorporated into the New Act
Requirements to have a Constitution
Contracts – What to watch out for
Dividend Distribution
Decoupling of Annual Returns & sending out Financial Statements
Change involving payment of Directors Fees & Remuneration
Sole Director Sole Shareholder company
Mode of passing resolutions
End of term for Auditors
Guidelines on Conduct of Directors of Listed Corporations & Their Subsidiaries, Issued
by Securities Commission, Analysis of Corporate Governance Monitor 2019 & 2020 and
Revised Malaysian Code on Corporate Governance
Conduct Requirements for Directors
Managing Conflict of Interest
Maintaining Proper Records and Accounts
Guidance on Group Governance
Major observations from Bursa’s review of Corporate Governance Reports
Examples of quality disclosures in Corporate Governance Reports
Focus areas and principles of the revised MCCG
Key features of the new Practices, revised Practices and enhanced Guidance
Highlight of gap analysis of company’s current Practices against the revised MCCG
Regulatory requirements in adopting the MCCG Practices and Guidance
Implications on the Board and Management
Related Party Transactions, Recurrent Related Party Transactions & Percentage Ratios
Framework for Related Party Transactions and Recurrent Related Party Transactions
Definition of Related Party Transactions
Who are the Related Parties?
What are the disclosure requirements under Listing Requirements?
What are the exemptions available under the Listing Requirements?
What are the Corporate Governance Practices for Conflict of Interest and Related Party Transactions?
Types of Percentage Ratios
Usage of Percentage Ratios
Calculation of Percentage Ratios
Rule of Aggregation of Transactions
Revised Malaysian Code on Corporate Governance and Sustainability Reporting
Focus areas and principles of the revised MCCG
Key features of the new Practices, revised Practices and enhanced Guidance
Highlight of gap analysis of 3A’s current Practices against the revised MCCG
Regulatory requirements in adopting the MCCG Practices and Guidance
Implications on the Board and Management
How Sustainability impacts the economy, environment and social elements?
What are the key benefits from integrating Sustainability in your business?
What the responsibilities of the Board and Senior Management in managing Sustainability matters?
What are the reporting requirements for identification, measurement, and management of Sustainability matters?
Roles and Responsibilities of Directors in relation to Financial Statements (Training Needs as Required by Bursa Securities)
Roles and responsibilities of Board of Directors and Senior Management vis-à-vis financial statements
Sharing of experiences on how to deal with common reasons affecting the timely submission of financial statements and deviation of announced results from audited financial statements
What if you don’t comply with the submission deadline?
How to ensure timely submission of accurate financial statements?
Are you asking the right questions when you review financial information?
Common pitfalls in deviation of financial statements
How are transactions reported in financial statements?
Areas to watch out for under the current economic condition
Insights into Financial Reporting Implementation Issues in Malaysia
What effects would future FRS on financial statements?
Cybersecurity, Business Continuity and Sustainability & Environmental, Social and Governance
A holistic approach to cyber threats
Emerging considerations & questions Boards should be asking
Overview of BCM concepts & latest development in business environment (global & local perspectives)
Key elements of BCM framework & processes
Benefits & advantages of having an optimum BCM program
Common challenges encountered in BCM implementation
Tips & experiences sharing
Provide insight into global & local drivers accelerating sustainability
Understand Environmental, Social & Governance-related opportunities and risks
Explore stakeholder expectations, measurable indicators & potential action plans & goals that can be undertaken to become more sustainable
Highlight global and local concerns including topics, such as climate change and decarbonisation
Learn to communicate performance and address stakeholder info needs
Application of Fit & Proper Policy, and Winning the Sustainability Game Through Risk Management
How the Nominating Committee applies the Fit and Proper Policy for appointment and re-election of Directors?
What are the disclosures to be included in the Annual Report on the application of Fit and Proper Policy?
Risk and complexity in 21st century organisations
Case studies on ERM and leading organisation risk and control failures: What went wrong?
Why Board needs to focus on strategic risks?
Establishing an effective risk management framework: Tools and techniques
Recent changes affecting risk management
Managing investment and project risk
Compliance and Disclosure of The Listing Requirements
To explain Bursa Securities’ Corporate Disclosure Policy towards the Company’s disclosure requirements
To understand dealings in securities during and outside closed periods and insider trading
To understand the Listing obligation, in relation to normal transactions and related party transactions
To brief on the new disclosure requirements as prescribed under the Listing Requirements in the preparation of Sustainability Statement
Corporate Disclosure Policy with Case Studies and Directors’ Dealing in Securities & Insider Trading
Objectives of Corporate Disclosure Policy
Disclosure of Material Information
Thorough Public Dissemination of Information
Clarifications of Rumours & News Articles
Response to Unusual Market Activity
Unwarranted Promotional Disclosure
Withholding of Material Information
Financial Statements – Timeliness and Adequacy
Provision of Financial Assistance
Definitions of dealings in securities
Dealings in securities during and outside closed periods
Insider trading – Listing Requirements & Capital Markets and Services Act 2007
Types of insider trading cases
Investigations and evidence
Case studies
Understanding the Challenges of Compliance with Listing Requirements
Overview of Enforcement Action Against Company and Directors
Financial Statements and Annual Report Disclosures
Corporate Disclosures Policy
Transactions – Acquisitions and Disposals of Assets
Financial Assistance
Insider Trading Cases
Risk Management and Internal Controls
Case Studies
Training Programme Number
TP1000171529 – Related Party Transactions: How to Mitigate Transfer Pricing Risk (4 hours)
TP1000172651 – Payment To Non-Residents: Do We Need To Withhold Tax? & Debt vs. Equity Funding – Which is more Tax Efficient? (4 hours)
TP1000195608 – Detecting Financial Fraud & Overview of the Companies Act 2016, Practical Insights & Challenges (4 hours)
TP10001102492 – Guidelines on Conduct of Directors of Listed Corporations & Their Subsidiaries, Issued by Securities Commission, Analysis of Corporate Governance Monitor 2019 & 2020 and Malaysian Code on Corporate Governance (Revised) (4 hours)
TP10001106736 – Related Party Transactions, Recurrent Related Party Transactions & Percentage Ratios (4 hours)
