Deferred Taxation

Introduction
The Malaysian Accounting Standards Board has issued MFRS 112, Income Taxes and is effective for financial statements covering periods beginning on or after 1 January 2012.

The Standards prescribed in MFRS 112 are based on the standards of International Accounting Standards (IAS) 112 (revised), Income Taxes, which focuses on the temporary differences between carrying amounts of assets and liabilities in the balance sheet and their corresponding tax bases. With limited exceptions, the Standard requires full provision of deferred taxes for all temporary differences. The amendments to IAS 12 requires that for an investment property measured at fair value, the measurement of the deferred tax liability is based on a rebuttable presumption that the property would be recovered by sale at the end of the reporting period.

The practical methodology introduced in this workshop will help you come to terms with MFRS 112.

Course Outline

• Introduction to Deferred Taxation
– The historical background to tax effect accounting
– The new approach: The Balance Sheet Liability Method
– MFRS 112, Income Taxes: Summary of changes made to the original IAS 12

• Timing differences versus Permanent differences
– The computation of current tax
– The Dual-computation technique

• The balance Sheet Liability Method
– The temporary difference approach

»  Recognition of deferred tax liabilities and deferred tax assets
»  Exceptions to the initial recognition differences
»  Steps in deferred tax computation

– Cases on the proof of Deferred Taxation
-  Cases on the tax effects of hire purchase and leased assets

• Unused Tax Losses and Unused Tax Credits
–  To explain and illustrate the recognition of deferred tax assets from unused tax losses and unused tax credits

• Measurement of Deferred Taxes
– To explain the measurement principles of deferred taxation

»  To explain and illustrate measurement based on expected manner of recovery either through use or by disposal
»  To illustrate the measurement of deferred tax for SMC when scaled rates apply

• Tax Effects of Non-current Assets classified as held for sale
– To explain the accounting requirements of MFRS 5
– To explain the tax treatments of non-current assets classified as held for sale
– To explain the related tax effects

• Tax effects of Items Recognised Outside Profit or Loss
– To explain the tax effect requirements for assets carried at revalued amounts

• Tax effects of Investment Properties
– IP measured on Cost Model
– IP measured on Fair Value Model

• Tax effects of compound financial instruments
– RCULS and ICULS

• Tax effects Arising in Business Combinations
– To deal with tax effects of acquisition of land-based companies
– To deal with tax effects of fair value adjustments in a business combination
– To deal with tax losses of an acquiree  in a business combination

• Tax effects of Tax Incentives
– To deal with tax effects of pioneer status
– To deal with tax effect of reinvestment allowances, ITA and IAA
– To deal with other tax incentives, such as export promotions and double deductions
 

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Accident Investigation And Reporting

Introduction
Every industry dreams to have accident or incident free operation but yet accident or incident still happened. Thus Department of Occupational Safety and Health has come up with new regulation in year 2004 that enforced all employers to report any accident, dangerous occurrence, occupational poisoning and diseases. In order to report the regulations insist employer to conduct accident investigation in order to identify root cause of the incident. Thus, relevant counter measures can be instituted in order to prevent recurrence.
As such, this two days training shall able to impart the required knowledge and competency in order to conduct accident/incident investigation and produce comprehensive report to the management, stakeholders and DOSH.

Objectives
1. To understand the need of conducting accident or incident investigation and how to obtain relevant information to as to identify root cause of accident or incident.

2. To learn seven steps in conducting investigation so that all accident can be investigated properly and professionally in order to avoid any procrastination.

3. To understand method to apply hierarchy of control in recommending prevention method to OSH committee and management of company

Content: 
Module 1 – Introduction
• Icebreaking
• NADOOPOD Regulations 2014
• Definitions
• Employers’ Responsibility
• Employees’ Responsibility

Module 2 – Requirement to Investigate
• Why need to investigate
o Legal requirements
o Employee morale
o Prevention
o Future reference
o Identify root causes
• Legal perspective
• Protection against witness
• Incident venue management

Module 3 – Collecting Data/Information
• Victim background information
• Previous accident record
• Location lay out
• SOP/Work Instruction
• HIRADC
• Witness statement
• Victim statement
• Machine Maintenance Record
• Pre-production check sheet
• Training record
• Activity – Interviewing witness

Module 4 – Root Cause Analysis
• Fishbone diagram
o Man
o Machine
o Method
o Material
o Mother nature (Environment)
• Why-Why Analysis
• Determine root cause
• Recommend
• Applying hierarchy of control
• Activity – Zizah Terenjat

Module 5 – Preparing Report
• Standardizing format
• Writing report
• Developing action plan
• Monitoring corrective and correction plan
• Attachment
• End of the program

The program will be conducted by combining theory, concept and activities in order to ensure participant competent in conducting accident/incident investigation at workplace.


This program will be conducted in two days and preferably at workplace.

Training Conducted by Azmi Shahrin HRDF PSMB Training Provider - www.tripleAtraining.com Business Presentation Skills Training in KL Malaysia - www.businesspresentationskills.com.my Kursus Pengucapan Awam - www.pengucapanawam.com.my Kursus Pengucapan Awam Untuk Sekolah - www.kursuspengucapanawam.com

A3 Problem Solving Techniques

Training Objective:
This workshop provides the rudiments of problem solving
using the A3 Techniques. This hands-on and highly
participative workshop aims at developing people’s ability to
frame, analyse and solve problems using the Lean A3 Thinking
management approach originated from Toyota and adopted by
Lean organisations around the world.
The approach directs people’s behaviour towards gaining and
sharing insights, guiding and capturing the story of a problem,
raise visibility within their organisations, and setting standards
as baselines for continuous improvement.
Master A3 Problem Solving, the powerful method
borrowed from the Toyota Production System (TPS)
Learn techniques to incorporate problem solving and
continuous improvement in daily work
Build on existing Lean practices within your organization

Learning Objective:
 Introduce A3 Thinking as a core Lean management philosophy.
 Improve people’s ability to systematically frame, analyse and
solve problems.
 Develop people’s ability to negotiate change and reach wider
consensus, even outside their immediate circle of influence.
 Kick-start wider A3 adoption within your organization.

Target Group:
The course is designed for managers, teams, change agents,
entrepreneurs and anyone else who’d like to systematically
move from where they are and to where they need to
be. Participants are encouraged to bring questions and issues
from their business and situations.
Time allocated for activities:
The course is typically offered as 2 days training seminar for
max. 20participants. The program is highly interactive and
learner-centred for maximum motivation and retention.

Methodology:
The workshop includes scenarios, games and group activities to
actively involve participants and allow them to practice in a safe
and fun environment. Learners will engage in learning/refining
the A3 methodology through highly participative activities.
The workshop follows the 4c instructional design model, which is
based on sequences of:

Connections
Activities that connect learners to what they know already about
the topic, to each other, and to what they want and need to
learn:

Concrete Practice
Leaners actively review content and practice skills

Concepts
Lectures or “direct instruction” training segments

Conclusions
Learner driven summaries, evaluations, and celebration
activities

Learning Outcome:
On completion, participants will gain the mental models and
tools to:

Understand Lean Management, Kaizen and A3 Thinking
as a System (“Why/What”)
Breakdown and state their own problems clearly and
unambiguously (“How”)

Define targets, analyse root causes, select
countermeasures and follow-ups (“How”)

Identify common out-of-sequence patterns (“How”)
Introduce A3 thinking to their team, department and
organisation(“When/Where/How to”)

Training Conducted by Azmi Shahrin HRDF PSMB Training Provider - www.tripleAtraining.com Business Presentation Skills Training in KL Malaysia - www.businesspresentationskills.com.my Kursus Pengucapan Awam - www.pengucapanawam.com.my Kursus Pengucapan Awam Untuk Sekolah - www.kursuspengucapanawam.com

8D Problem Solving

Introduction
This two day course helps participants to develop the skills and good practices which are appropriate for solving even simple problems, as well as those problems which are more challenging. This course comprises a comprehensive programme of problem-solving/continuous improvement tools and techniques. The content is delivered through a series of presentations, combined with a variety of participant activities.

Who Should Attend?
Multi-disciplinary: All personnel who lead, or are involved with, problem-solving and continual improvement activities.

Course Structure
• Understanding the problem
• Containment activities
• Describing the problem
• Team roles and skills
• Root cause analysis
• Corrective action
• Lessons learned
• Tools and techniques for problem solving

Objectives
The key objectives are to enhance the participant's existing skills to enable them to become more effective at problem-solving and continuous improvement within their work process. By the end of the course, a participant will understand:
• A structured process for problem-solving, i.e. 8D
• How various functions within an organisation contribute to problem-solving
• How a variety of useful tools and techniques may help during problem-solving
• Key team working skills
• The importance of corrective action and management of problem-solving activities.
 
Target Audience
The course is appropriate for those personnel who are responsible for solving problems, and also for personnel who contribute to problem-solving and continual improvement activities.

Day 1 Agenda
• Introductions, and Review of Agenda
• Start the Problem Solving Process -8D
• Key tools and techniques for quantifying the problem (e.g. tally chart, pareto chart, etc.) 
o Verification and validation activities
• Selecting a Team
• Describing the Problem 
o Problem statement / process mapping / is-is not analysis / histogram / trend chart .
• Interim Containment Action

Day 2 Agenda
• Root Cause Analysis 
o Comparative analysis / brainstorming / fishbone chart / 5 whys / scatter chart / multi-vari chart
• Developing and Implementing Permanent Corrective Actions 
o Creative thinking / decision-making / action plan
• Preventing Recurrence of the Problem 
o Application to other products / processes
o Procedure and system changes
• Recognising Achievement 
o Completing the problem solving activity
• Review & Closing Summary; 
• End of Course

Training Conducted by Azmi Shahrin HRDF PSMB Training Provider - www.tripleAtraining.com Business Presentation Skills Training in KL Malaysia - www.businesspresentationskills.com.my Kursus Pengucapan Awam - www.pengucapanawam.com.my Kursus Pengucapan Awam Untuk Sekolah - www.kursuspengucapanawam.com

7 Quality Control (7QC) Tools

Introduction
Over the past 40 years 7 QC tools play an important roles in helping employees around the world identify the root cause(s) of the problem(s) and rectify them and save millions of organisation operational costs. It is ,therefore ,crucial that everyone in the organisation should be equipped with the 7 QC tools that would enable them to participate and involve in the pursuit of organisation continual improvement initiatives.


Objectives
Upon completing this session participants will be able to :-

 Construct and intepret simple graphical leand common sense techniques.

 Use effectively all learned tools for solving problem or generate new  opportunities for improvement.

 Enhance teamwork as problems are addressed effectively through  group.

 Share and explain to other members on experienced gain in solving problems in work place.   

Who Should Attend
This training is specially designed  and most beneficial to  all shopfloor operators and middle management regardless whether they are from QC/QA,Engineering or  Production department. 

Duration
Two days ;  9.00 am – 4.30pm

Medium
Training will be conducted either in Bahasa Malaysia or English .

Course content :

Introduction to 7 QC.
• History 
• 7 QC Tools
• Benefit
• 7 QC and ISO 9001:2000

Tool 1  Checksheet
• Type
• Construction step
• Exercise

Tool 2  Pareto Diagram
• Definition
• Usage
• Construction step
• Exercise

Tool 3 Scattered Diagrams
• Definition
• How to use?
• Construction step
• Exercise

Tool 4  Fishbone Diagram
• Definition
• Usage
• Construction step
• Exercise

Tool 5 Graf/Histogram
• Definition
• Usage
• Construction step
• Exercise

Tool 6  Control Chart
• Definition
• Type
• Usage
• Construction step
• Exercise

Tool 7  Brainstorming
• Definition
• Usage
• Construction step
 

Training Conducted by Azmi Shahrin HRDF PSMB Training Provider - www.tripleAtraining.com Business Presentation Skills Training in KL Malaysia - www.businesspresentationskills.com.my Kursus Pengucapan Awam - www.pengucapanawam.com.my Kursus Pengucapan Awam Untuk Sekolah - www.kursuspengucapanawam.com

7 Tabiat Individu Yang Amat Efektif

Pengenalan
Organisasi memerlukan individu yang amat efektif bagi menjayakan misi dan organisasi. Individu atau staf yang efektif adalah mereka yang mempunyai ilmu pengetahuan, kemahiran dan sikap yang bersesuaian dengan keperluan dan kehendak organisasi. Program Tujuh Tabiat Individu Yang Amat Efektif adalah berdasarkan idealogi Covey untuk melahirkan modal insan yang sangat berkesan.

Objektif
Secara umumnya program ini bertujuan melahirkan individu atau sumber manusia yang amat berkesan kepada peserta berdasarkan idealogi Covey. Lebih khusus, objektif program ini adalah seperti berikut:-
i. Memperkenalkan tujuh tabiat individu yang amat  efektif
ii. Menghayati tujuh tabiat individu yang amat efektif
iii. Mempraktik dan membudaya tabiat individu yang amat efektif
iv. Menganalisis kekuatan tujuh tabiat individu yang amat efektif

Kandungan Program

MODUL 1: ICE BREAKING
Interaksi yang baik antara fasilitator dan peserta akan membantu proses pembelajaran peserta. Justeru itu, modul ini melibatkan aktiviti pembelajaran yang menyoronokkan bertujuan untuk menjana  hubungan antara peserta dengan fasilitator yang akhirnya mencetus kepada penglibatan aktif peserta sepanjang program ini. Di samping itu, sesi ini juga membolehkan peserta mengenali dan meneroka kekuatan diri masing-masing. 

MODUL 2: KONSEP EFEKTIF/BERKESAN (EFFECTIVE) DAN CEKAP (EFFICIENT)
Modul ini membincangkan konsep efektif/berkesan dan cekap dan kepentingannya kepada organisasi. Kedua-dua konsep ini asas kepada pembentukan modal insan yang produktif.

MODUL 3: TABIAT INDIVIDU YANG AMAT EFEKTIF/BERKESAN
Modul ini membincangkan tujuh tabiat orang yang sangat efektif seperti yang digariskan oleh Stephen R Covey. Setiap tabiat yang dibincangkan disesuaikan dengan konteks dan budaya tempatan serta keperluan organisasi. Tujuh tabiat yang akan dibincangkan adalah:-
i. Jadilah proaktif
ii. Mula dengan mengingat matlamat
iii. Buat perkara pertama dahulu
iv. Fikirkan menang-menang
v. Cuba memahami dan cuba difahami
vi. Bersinergi
vii. Tajamkan gergaji

MODUL 4: TABIAT INDIVIDU YANG AMAT EFEKTIF/BERKESAN (bersambung….)
Modul ini membincangkan tujuh tabiat orang yang sangat efektif/berkesan seperti yang digariskan oleh Stephen R Covey. Setiap tabiat yang dibincangkan disesuaikan dengan konteks dan budaya tempatan serta keperluan organisasi. Tujuh tabiat yang akan dibincangkan adalah:-
viii. Jadilah proaktif
ix. Mula dengan mengingat matlamat
x. Buat perkara pertama dahulu
xi. Fikirkan menang-menang
xii. Cuba memahami dan cuba difahami
xiii. Bersinergi
xiv. Tajamkan gergaji

MODUL 5: GERAKKERJA MEMPERKASA TABIAT INDIVIDU SANGAT EFEKTIF/BERKESAN
Bengkel ini merupakan satu aktiviti yang memerlukan peserta menyediakan satu pelan tindakan untuk menjadi  individu yang efektif/berkesan dalam pekerjaan berdasarkan tujuh tabiat orang yang amat efektif.

Metodologi Latihan
Kaedah yang digunakan adalah bersifat interaktif dan penyertaan, bagi membolehkan para peserta memahami dan menghayati input Latihan dan Pendidikan. Kaedah tersebut termasuklah:
• Pembentangan Fasilitator dan Perbincangan
• Perbincangan Kumpulan dan Persembahan
• Permainan 
• Bengkel Membina Pelan Tindakan


Training Conducted by Azmi Shahrin HRDF PSMB Training Provider - www.tripleAtraining.com Business Presentation Skills Training in KL Malaysia - www.businesspresentationskills.com.my Kursus Pengucapan Awam - www.pengucapanawam.com.my Kursus Pengucapan Awam Untuk Sekolah - www.kursuspengucapanawam.com