YBhg Tan Sri Rafidah Aziz has confirmed to deliver a keynote address. Other speakers include Dato Dr Ariff, Dr Mahani, Tan Sri Raymond Navaratnam, Dr Ahmad Ibrahim, Dr Jeyakumar etc
The Exporters Club is pleased to announce its next seminar which is on the Impact of the Global Economic Slowdown on Malaysia and what Malaysian companies should do to minimize any negative effects.

The Objective of this Seminar is to forecast and provide an analysis on the global economic slowdown and how it will impact on Malaysia. It will also touch on how Malaysian companies should prepare themselves to face this slowdown.

Who Should Attend

All Malaysian Businesses, Research Organizations, Financial Institutions, Education Institutions, Government Officials etc Participation Fees

RM 500 per person - SBL claimable (Inclusive of lunch, tea breaks, notes and consultation)

A 10 % discount for all Exporters Club members

Course Description

This course teaches the students how to develop secure web applications in today’s complex internetworked environment. Students will receive a deep and thorough understanding of the most prevalent and dangerous security defects in today’s applications. Additionally, they will learn practical and actionable guidelines on how to remediate against these common defects in Java/J2EE and how to test for them in their own applications.

This class starts with a description of the security problems faced by today’s software developer, as well as a detailed description of the Open Web Application Security Project’s (OWASP) “Top 10″ security defects. These defects are studied in instructor-lead sessions as well as in hands-on lab exercises in which each student learns how to actually exploit the defects to “break into” a real web application. (The labs are performed in safe test environments.)

Remediation techniques and strategies are then studied for each defect. Practical guidelines on how to integrate secure development practices into the software development process are then presented and discussed.

Intended Audience

The ideal student for this tutorial is a hands-on web application developer or architect who is looking for a fundamental understanding of today’s best practices in secure software development.

” Presented by An IT Security practitioner with over 20 years of experience in the academic, military, and commercial sectors, including the U.S. Department of Defense and Carnegie Mellon University. ”

For more details, please click here to download training brochure.

The CCNA certification (Cisco Certified Network Associate) indicates a foundation in and apprentice knowledge of networking. CCNA certified professionals can install, configure, and operate LAN, WAN, and dial access services for small networks (100 nodes or fewer), including but not limited to use of these protocols: IP, IGRP, Serial, Frame Relay, IP RIP, VLANs, RIP, Ethernet, Access Lists.

NexPro offers specialized CCNA training. Our CCNA training is Cisco authorized and has a high rate of success leading to good secure job prospects. If you are interested in becoming CCNA certified see below for details.

Download course details (PDF)

Objective:

• Industry recognition of your knowledge and proficiency with Cisco products and technologies. Understanding the networking nature of the problem.
• CCNA Certifications are among the most specialized certifications available today.
• Industry trend shows that with each certification there is an increase in the salary of certificate holders. Additionally, multiple certifications directly correlate to further increases.
• CCNA coupled with certifications like MCSE gives you even more increase.
• CCNA let you stay competitive, meet the challenge.

100 % PSMB claimable

16 & 17 February 2009, Kuala Lumpur

Introduction

Consolidation and preparation of Group financial statements have always been perceived as a complex and difficult task.  The introduction of new financial reporting standards has made significant changes in the treatment and disclosure of consolidation issues.

“Theory without practice is blind” and so this seminar will highlight the areas of difficulty with many practical examples so that the principles are more easily understood.  Group financial statements have also been the subject of much controversy and participants will be able to appreciate the reasons for the controversial issues arising.

Main Objective

The main objective of this seminar is to present fairly detailed information on the principles and practice of consolidation including the calculation of pre acquisition and post acquisition profits, positive and negative goodwill, piecemeal acquisitions, reverse acquisitions, disposals of subsidiaries and compliance with Financial Reporting Standards (”FRS”) FRS 3 - Business Combinations and FRS 127 - Consolidated and Separate Financial Statements.

Learning Outcomes

Participants will be able to:-

• understand the basic principles of consolidation
• treatment of positive and negative goodwill
• draw up a full set of consolidated financial statements
• gain a fair understanding of the principles of piecemeal acquisitions
• the principles of de-consolidating a subsidiary that is disposed
  

COURSE CONTENTS

UNDERSTANDING THE COMPONENTS OF CONSOLIDATION

Key Definitions:-

• Group
• Parent Companies,
• Subsidiary Companies
• Sub-Subsidiary Companies,
• Associated Companies
• Control
• Jointly Controlled Entities
• Joint Ventures
• Related Corporations

Equity method of accounting

Proportionate Consolidation

Minority Interests

Identification of Subsidiaries

Presentation of Consolidated Financial Statements

Consolidation Principles and Procedures:

• Acquisition of subsidiaries
• Piecemeal (step by step) acquisition of subsidiaries
• Pre-acquisition and post-acquisition profits or losses
• Consolidation adjustments, current year adjustments and brought forward adjustments
• Positive and negative goodwill
• Intragroup balances
• Intragroup transactions
• Elimination of Intragroup profits
• Intragroup income and expenses
• Calculation of minority interests
• Treatment of intragroup losses which indicate impairment loss on related asset
• Same reporting dates to be used
• If impracticable to have same reporting dates, what needs to be done
• Uniform accounting policies to be used within group
• Minority interests - treatment in balance sheet and in income statement
• Treatment of losses attributable to minority interests in excess of their nominal value of shares
• Disposal of subsidiaries, including partial disposals
• Reverse acquisitions

Examples will be used as illustration to facilitate the understanding of the consolidation principles and procedures

Disclosures in Group and Company Financial Statements:-

• Nature of relationship between parent and a subsidiary when the parent does not own, directly or indirectly through subsidiaries, more than half of the voting powers
• The reasons why the ownership, directly or indirectly through subsidiaries of more than half of the voting power does not constitute control
• Where the reporting date of the financial statements of a subsidiary are different from the parent, the reasons for using the different reporting date or reporting period
• The nature and extent of any significant restrictions on the ability of subsidiaries to transfer funds to the parent in the form of cash dividends or to repay loans and advances
• Parent company - list of investments in subsidiaries, jointly controlled entities and associated companies, stating name, country of incorporation or residence, proportion of shares held, nature of business of each of the subsidiaries

Treatment of Goodwill

• On acquisition of the subsidiaries - values used
• In the next financial period or sooner if necessary - on fair values
• How subsequent fair value of goodwill on acquisition is determined

A review of the Financial Reporting Standards:-

• FRS 3     - Business Combinations
• FRS 127 - Consolidated and Separate Financial Statements
• FRS 128 - Investments in Associates
• FRS 131 - Financial Reporting of Interests in Joint Venture

A complete worked sample “OA Consolidated Bhd” based on an actual company (with numbers and names changed), will be used as one of the examples throughout this training.

More information at: www.arrow-training.com.my

TRAINING OBJECTIVE

This course is designed to:

· Provide credit & collection officers various techniques of collection and most important of all is the passion of collection.
· Encourages class interaction on solving real cases problematic situations.
· Managing your cash flow effectively to ensure continued financial health.
· Understanding your role and contribution in maintaining a healthy cash flow for your company.
· Learning effective techniques to monitor and manage your working capital.
· Planning effectively for business expansion through the application of proven capital budgeting techniques.
· Participate in long-term cash flow planning to meet company’s objective.
· Preparing and presenting cash flow statements.

WHO SHOULD ATTEND

• Accounts / Finance Managers, Executives or Clerks
• Administration Executives or Clerks
• Payroll Executives or Clerks
• Human Resource Executives
• Credit Executives
• Sales and Marketing Executives
• General Clerks
• Corporate Planners
• Those keen on having a good understanding of Handling Problem Accounts

METHODOLOGY

Interactive lectures, Discussions, Practical Exercises & Case Study

TRAINING CONTENTS

PART 1

· Collection Overview
· Telephone Techniques
· Role Play on Collection
· Dealing With Difficult Customers
· Discussion on problematic customers
· Improving Payment From Large Customer
· Successful Negotiation
· Style of negotiation
· Face To Face Negotiation
· Discussion on Negotiation
· Case Study

PART 2

· Importance of cash flow management
· The operating cycle
· The cash conversion cycle
· Cash management models
· Importance of working to cash flow
· Credit Policy

PART 3

· Planning your visit to Debtor
· Rules for Overcoming Excuses
· Debt portfolio management
· Outsourcing of Collection
· Collection performance measurement
· Discussion on legal action VS restructuring actions
· Are You Marketing Driven?
· Problem Solving Skills
· Decision Making Process
· Management Involvement On Credit Mgt /Collection
· Key Performance Indicators
· Sense Of Ownership / Responsibilities
· Case Study

TRAINER BIODATA

Dr Steven Liew is a fellow member of the Chartered Institute of Management Accountants, UK and is a Chartered Accountant by profession. He has a Asia Pacific Executive MBA (for senior executives) from the National University of Singapore and a PhD in international finance with Rushmore University of USA.

Dr Liew had worked in private sector companies, ranging from family-run businesses to professionally managed multi-national corporations in South Asia and the ASEAN region. He has accumulated more than 20 years working experience in senior financial management positions spearheading the profitability and growth of companies.

Dr Steven Liew had conducted various seminars for corporate clientele including Association of Credit Management Malaysia, Chartered Institute of Management Accountants, Malaysia Institute of Malaysia, Malaysia Institute of Accountants, Institute of Bank Bank Malaysia, Nestle, Pioneer Credit Management Services , IQPC Worldwide Pte Ltd , Singapore , Proton Edar Malaysia , Brunei Investment Agency and Small Medium Industries Development Corporation

He is currently providing management consultancy and training specialising in credit management, loan recovery and leadership. Dr Liew also actively teaching MBA & undergraduate courses in strategy, business and financial at various accredited universities & colleges.

Next Date in Kuala Lumpur / Selangor
26 & 27 May 2009 - Hilton PJ, Petaling Jaya

Discount Policy :
RM50 discount for registration & payment 10 days prior to training. 4th.person is free for every 3 paying participants.

CPD: 16 Hours

Contact our Customer Service Representatives for Registration

CLEVERBRIDGE TRAINING RESOURCES
Mai / Shila / Mala / Miera / Steven
Tel: 03-3343 2180 - KL / 07-238 9045 - Johor / 04-551 3800 - Penang
Mobile : 013-641 9505 / 013-406 0297
email : cbtcmsia@gmail.com