Transition from MPERS 2016 to MPERS 2025 - Live webinar (12-Jun-2026)

HRD Corp Claimable Course (T&C applies*)
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Webinar sessions:
Session 1: 9:00am - 12:00pm;
Session 2: 2:00pm - 5:00pm.

On 28 February 2025, the International Accounting Standards Board (IASB) issued the Third Edition of the IFRS for SMEs Accounting Standard, marking a significant milestone in the evolution of financial reporting for small and medium-sized enterprises (SMEs). Effective from 1 January 2027, the revised standard introduces key enhancements drawn from full IFRS Accounting Standards, while maintaining accessibility and cost-effectiveness for SMEs. In response, the Malaysian Accounting Standards Board (MASB) released Exposure Draft 80 (June 2025), proposing to update the Malaysian Private Entities Reporting Standard (MPERS) to align fully with the IFRS for SMEs (February 2025), with the same effective date of 1 January 2027. MASB had officially launch the new MPERS (2025) on 14 October 2025.

This webinar is designed for professional accountants and finance practitioners. It provides a comprehensive overview of the forthcoming changes, practical implications, and transition strategies. Participants will gain expert insights, real-world illustrations, and practical tools to confidently implement the revised standards and strengthen the quality of private entity financial reporting.

Key topics covered:

• Overview of the MPERS (2025) aligned with Third Edition of IFRS for SMEs
• Aligning Principles Behind the Amendments
• Revisions to Section 2: Concepts and Pervasive Principles
• Key Alignments Reflected in MPERS (2025)
• Comparison of Key Changes: MPERS (2016) vs. MPERS (2025)
• Preparing for the Changes
• Transitional Provisions and Implementation Considerations

Presenter:

Tan Boon Wooi (Danny)

Danny is a consultant providing continuing professional development training for the accountancy profession as well as providing consultancy services on financial reporting technical matters. He has over 35 years experience in public practice, commerce, and industry. He was trained and qualified as a professional accountant with a firm in London. Danny conducts courses in IFRS and IPSAS in Europe, Middle East, and Asia Pacific. He is currently a member of the Small and Medium-size Entities Implementation Group (SMEIG) that consider the need to amend IFRS for SMEs Accounting Standard and make recommendation to the Board of IASB. He is also a project manager for the MASB and currently holds several advisory roles in financial reporting technical matters.