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Upcoming events

    • 1 Feb 2022
    • 15 Feb 2022
    • 3 sessions
    • Online Webinar
    Register
    Registration Time: 13:15
    Sessions Time: 13:30 - 16:45  including a 15-minute break
    Speakers: Mr. John Debattista and Mr. Paul Zammit
    Venue: Online Webinar
    Participation Fees (The Institute is now accepting payments via Paypal)
    MIA Members: €110.00
    Non-MIA Members: €215.00
    Retired Members: €50.00
    Students: €80.00

    *Group bookings for 3 or more participants available.

    Background Information

    FRS 10 ‘Consolidated Financial Statements’ defines consolidated financial statements as “the financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent and its subsidiaries are presented as those of a single economic entity”. This Course will cover both the theoretical and the practical side of consolidations in-depth. See below for a more detailed list of topics.

    Topics on the agenda

    SESSION 1 – Theory:
    1. An introduction to consolidation.
    2. The Companies that need to consolidate and the companies that do not.
    3. An overview of Companies Act provisions regulating consolidated financial statements.
    4. A compare and contrast exercise between IFRS and GAPSME.
    5. Resolving conflicts between different laws and regulations.
    6. A sound theoretical foundation before applying the practice, i.e. discussion of concepts and practical applications of notions such as control, goodwill, consolidated retained earnings, the main consolidation adjustments and non-controlling interest (NCI).
    7. Concluding theoretical remarks and summaries
    SESSION 2: Practice (Basic):
    A series of case-studies illustrating consolidation techniques:
    8. Basic consolidation of a fully-owned subsidiary
    9. Basic consolidation of a subsidiary that is not fully-owned using the share of net assets method.
    10. Basic consolidation of a subsidiary that is not fully-owned using the fair value method.
    11. Basic consolidation of a subsidiary that is also a customer.
    12. Basic consolidation of a subsidiary that is also a supplier.
    13. Basic consolidation of a subsidiary that distributed a dividend.
    14. Consolidation of a subsidiary acquired by cash.
    15. Consolidation of a subsidiary acquired by deferred consideration.
    16. Consolidation of a subsidiary acquired by granting of acquirer’s shares.
    17. Consolidation of a subsidiary acquired, of which assets’ fair values differ from carrying amounts.
    SESSION 3: Practice (Advanced):
    1. Advanced consolidations: complex structures
    2. Advanced consolidations: subsidiaries in foreign currencies
    3. Advanced consolidations: impairment issues
    4. Advanced consolidations: deferred tax issues
    5. Accounting treatment of step-acquisitions and disposals:
    a) Step-acquisitions: from no influence to control
    b) Step-acquisitions: from influence to control
    c) Step-acquisitions: from control to control
    d Disposals: from control to zero
    e) Disposals: from control to no influence
    f) Disposals: from control to influence
    g) Disposals: from control to control

    Why is the session of relevance to our members?

    Accountants who are carrying out consolidation or auditors who are auditing them may have a refresher on the technical and practical knowledge required to perform consolidations.

    Target Audience 

    The training course is specifically targeted to accounting professionals and students, especially those who are pursuing or intend to pursue a career in audit or financial reporting.

    SPEAKERs' Profiles

    John Debattista is a Certified Public Accountant and Registered Auditor. John is one of the founding partners at Zampa Debattista and heads the Audit and Assurance function and the firm’s IFRS Advisory Technical team.
    John lectures the Corporate modules at the final stages of the ACCA and ACA course for the ICAEW, Institute Chartered of Accountants for England and Wales. John is also a speaker in various audit and accounting seminars delivered by a number of institutes in Malta. He also lectures the Diploma in IFRS (DipIFR).
    John sits on a number of MIA committees namely, the audit, financial reporting and SMP committees.
    Paul Zammit joined Zampa Debattista in January 2017. Paul graduated from the University of Malta after completing the Bachelor of Accountancy (Honours) Degree in 2008.  Paul commenced his career in audit and switched to accountancy in 2012. He spent most of his time in accountancy managing a portfolio of international clientele, before joining Zampa Debattista’s accounts department in 2017. After a few months, Paul decided to accept the internal opportunity to specialise in technical matters and increase his proficiency in reporting standards. Paul is currently involved in technical accounting and advisory assignments, whilst training and assisting internal staff and external people on IFRS technical matters.

    EVENT CPE COMPETENCES


    9 Hours Core


    WEBINARS TERMS AND CONDITIONS


    Terms and conditions  apply


    DISCLAIMER


    By Registering and/or Booking for this event, you agree that MIA will collect your information, who will be using it as per the MIA Privacy Policy for CPE Events. Please read the MIA’s Privacy Notice for CPE Events in its entirety which can be found at this link. By accepting to participate in this event you accept that MIA shall process personal data in accordance with this Privacy Notice.
    If registration is being affected by a company or other corporate entity on behalf of an attendee or the registering company or other corporate entity supplies to the MIA personal data of third parties, such as of employees, affiliates, management companies or service providers, the registering company or other corporate entity shall be solely responsible for making sure that the provision of such data to the MIA fully complies with applicable laws and the relevant person in regard to whom the data relates has been provided with the necessary information at law regarding the MIA’s processing of his personal data.
    Any information notices, consents or other applicable requirements that may be required to be fulfilled for the provision of third party data to the MIA shall be borne solely by the registering company or other corporate entity. The registering company or other corporate entity hereby fully indemnifies the MIA and shall render the MIA completely harmless against all costs, damages or liability of whatsoever nature resulting from any claims or litigation (instituted or threatened) by any third party against the MIA as a result of the provision of any third party personal data to the MIA by the registering company or other corporate entity.
    The Malta Institute of Accountants may take photos during this event. These images will be used by the Institute to share news about the event in newsletters, the Annual Report, The Accountant journal and printed publicity. Photos can also be published on MIA’s Facebook, Linkedln and Twitter. Such images may be used to publicise future events of the same nature and for reporting purposes.


    • 23 Feb 2022
    • 13:30 - 16:45
    • Online Webinar
    Register
    Registration Time: 13:15
    Sessions Time: 13:30 - 16:45  including a 15-minute break
    Speaker: Ing Justin Mizzi
    Venue: Online Webinar
    Participation Fees (The Institute is now accepting payments via Paypal)
    MIA Members: €40.00
    Non-MIA Members: €75.00
    Retired Members: €20.00
    Students: €30.00

    *Group bookings for 3 or more participants available.

    Background Information

    This session will provide insights on how to value property with a focus on the various approaches and methodologies that may be adopted and the key considerations to be made.

    Topics on the agenda

    • Introduction to property valuations
    • Value concepts, determinants of value & economic principles of valuation
    • Valuation methodology:
     - The difference between approaches, methodology and techniques
     - The different valuation techniques out there
     - Which techniques to utilise for different scenarios
    • Practical examples and key consideration

    Why is the session of relevance to our members?

    Estimating the value of real estate: this could be required for investment appraisal, project feasibility assessment, financing and financial reporting purposes. 

    Target Audience 

    Auditors and accounting professionals, Credit analysts, Loan officers, Members of Investment and Audit committees, CEOs, CFOs, Financial Controllers, Potential investors, Other users of real estate valuations, Auditors and accounting professionals.

    SPEAKER's Profile

    Justin Mizzi is an academic at heart who is passionate about real estate. He works as a property valuer at Archi+, an architecture firm based in Malta, and holds a Masters of Architecture and Conservation. He is currently working on a PhD on the history, development and application of the income approach in Malta.
    Besides his studies and his role as a valuer, he collaborates with the Malta Chamber on an investment blog, provides his own private course on property valuations, is a part-time lecturer at Dhalia real estate services, and is a member of the Kamra Tal-Periti valuation council.
     

    EVENT CPE COMPETENCES


    3 Hours Core


    WEBINARS TERMS AND CONDITIONS


    Terms and conditions  apply


    DISCLAIMER


    By Registering and/or Booking for this event, you agree that MIA will collect your information, who will be using it as per the MIA Privacy Policy for CPE Events. Please read the MIA’s Privacy Notice for CPE Events in its entirety which can be found at this link. By accepting to participate in this event you accept that MIA shall process personal data in accordance with this Privacy Notice.
    If registration is being affected by a company or other corporate entity on behalf of an attendee or the registering company or other corporate entity supplies to the MIA personal data of third parties, such as of employees, affiliates, management companies or service providers, the registering company or other corporate entity shall be solely responsible for making sure that the provision of such data to the MIA fully complies with applicable laws and the relevant person in regard to whom the data relates has been provided with the necessary information at law regarding the MIA’s processing of his personal data.
    Any information notices, consents or other applicable requirements that may be required to be fulfilled for the provision of third party data to the MIA shall be borne solely by the registering company or other corporate entity. The registering company or other corporate entity hereby fully indemnifies the MIA and shall render the MIA completely harmless against all costs, damages or liability of whatsoever nature resulting from any claims or litigation (instituted or threatened) by any third party against the MIA as a result of the provision of any third party personal data to the MIA by the registering company or other corporate entity.
    The Malta Institute of Accountants may take photos during this event. These images will be used by the Institute to share news about the event in newsletters, the Annual Report, The Accountant journal and printed publicity. Photos can also be published on MIA’s Facebook, Linkedln and Twitter. Such images may be used to publicise future events of the same nature and for reporting purposes.


    • 3 Mar 2022
    • 13:30 - 16:45
    • Online Webinar
    Register
    Registration Time: 13:15
    Sessions Time: 13:30 - 16:45  including a 15-minute break
    Speakers: Mr Chris Meilak
    Venue:   Online Webinar
    Participation Fees (The Institute is now accepting payments via Paypal)
    MIA Members: €40.00
    Non-MIA Members: €75.00
    Retired Members: €20.00
    Students: €30.00

    *Group bookings for 3 or more participants available.

    Background information

    Cost Benefit Analysis is a key investment appraisal tool which has features of both a full financial feasibility study as well as an economic analysis. This means that it takes the view of the project promoter and, separately, of the affected communities and society. As a result, understanding the main methodological considerations and techniques behind a CBA, and being able to interpret and challenge assumptions and results, is key when analysing and selecting projects in a situation where funding is limited and priorities need to be set.

    Specific topics to be covered during the session

    Walk through on how to perform a cost benefit analysis that will enable one to identify all the potential revenues and economic benefits, as well as financial and economic costs for a specific project, thus enabling one to decide if the project is economically feasible or otherwise. This will include practical examples and case studies of CBAs. 

    Why is the session of relevance to our members?

    Cost benefit analysis is a critical tool in the decision- making process and in project appraisal. 

    Target Audience

    • Accountants
    • Business owners
    • Government officials
    • Project managers

    Speaker's Profile

    Chris Meilak is a Certified Public Accountant, Economist and Executive Director at EY Malta, leading the Valuation, Modelling and Economics sub-service line in Malta. Chris has carried out a number of assignments in relation to CBAs and feasibility studies, valuations, and business models. Chris holds an MA in Economics and the ACCA degree, and is a Visiting Lecturer in the Department of Economics, University of Malta

    EVENT CPE COMPETENCES


    3 Hours Core


    WEBINARS TERMS AND CONDITIONS


    Terms and conditions  apply


    DISCLAIMER


    By Registering and/or Booking for this event, you agree that MIA will collect your information, who will be using it as per the MIA Privacy Policy for CPE Events. Please read the MIA’s Privacy Notice for CPE Events in its entirety which can be found at this link. By accepting to participate in this event you accept that MIA shall process personal data in accordance with this Privacy Notice.
    If registration is being affected by a company or other corporate entity on behalf of an attendee or the registering company or other corporate entity supplies to the MIA personal data of third parties, such as of employees, affiliates, management companies or service providers, the registering company or other corporate entity shall be solely responsible for making sure that the provision of such data to the MIA fully complies with applicable laws and the relevant person in regard to whom the data relates has been provided with the necessary information at law regarding the MIA’s processing of his personal data.
    Any information notices, consents or other applicable requirements that may be required to be fulfilled for the provision of third party data to the MIA shall be borne solely by the registering company or other corporate entity. The registering company or other corporate entity hereby fully indemnifies the MIA and shall render the MIA completely harmless against all costs, damages or liability of whatsoever nature resulting from any claims or litigation (instituted or threatened) by any third party against the MIA as a result of the provision of any third party personal data to the MIA by the registering company or other corporate entity.
    The Malta Institute of Accountants may take photos during this event. These images will be used by the Institute to share news about the event in newsletters, the Annual Report, The Accountant journal and printed publicity. Photos can also be published on MIA’s Facebook, Linkedln and Twitter. Such images may be used to publicise future events of the same nature and for reporting purposes.


               
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