Corporate Financing and Reporting Workshop

OVERVIEW

Corporate financing instruments such as shares, bonds, convertibles, warrants are means for companies to raise capital when they are in need of funding. In the recent past two decades, companies together with investment bankers have been highly innovative in introducing and employing corporate financing instruments in raising capital. This programme discusses the major corporate financing instruments which have been used by listed companies in the recent capital raising exercises in Malaysia.This includes discussions on the mechanism, utilisation of proceeds, sensible reasons for using the instruments, issuing strategies as well as the operational aspects of the instruments.

More importantly, this programme also deals with the reporting aspect of the issuance of corporate financing instruments as the operational aspects of some corporate financing instruments are rather complex, i.e. convertibles, warrants and derivatives. This programme discusses the accounting standards issued by the Malaysian Accounting Standards Board that are relevant to the common corporate financing instruments available in public listed companies in Malaysia. It covers the recognition, measurement, presentation and disclosure of financial instruments. Specifically, it deals with MFRS 139, MFRS 132 and MFRS 7 (as well as MFRS 9).

LEARNING OBJECTIVES

This programme is designed to impart essential knowledge on corporate financing instruments and reporting to participants. Through this programme, you will:

• Analyse the mechanism and operational aspects of common corporate financing instruments.
• Evaluate the issuing strategies of corporate financing instruments.
• Apply and interpret the provisions of financial reporting pertaining to corporate financing instruments.
• Assess the impacts of the issuance of corporate financing instruments on financial performance and position.
• Assess the financial reporting issues pertaining to corporate financing instruments.
• Be abreast of the latest developments in issuing corporate financing instruments and their reporting.

TARGET AUDIENCE

This Executive Programme is designed for :
• Accounting and finance personnel (executive and above), especially from listed companies.
• Credit and loan evaluation personnel from banks and financial institutions.
• Professional analysts, fund managers, dealers, investment staff of investment intermediaries.

SPEAKER

Dr Lau Chee Kwong, BBA, MBA, PhD (Accounting), FCCA, FCPA, CA (M)
Associate Professor of Accounting,
The University Of Nottingham Malaysia Campus, Malaysia.

Dr Lau has twenty years of practical experiences in financial accounting and reporting, corporate finance, banking management, financial management,
investments, academic administration, lecturing, corporate training as well as consultation works. He conducts trainings, lectures and seminars in financial
accounting and reporting, corporate finance, performance management, strategic management and related areas. His corporate training clients include public listed companies, banks and financial institutions, regulators as well as Government bodies. He has served as a committee member on the Issues Committee, of the Malaysian Accounting Standards Board (MASB) since 2008. Dr Lau currently serves as an Associate Professor of Accounting with the Nottingham University Business School. He lectures in financial reporting, accounting and finance subjects for bachelor degree, MBA, Master of Finance, ACCA as well as CFA. He also supervises Master and PhD students in their research projects. His research areas include financial accounting and reporting, earnings management, IFRS related, corporate financing and reporting. His research papers have been published in journals and presented in national as well as international conferences.

PROGRAMME OUTLINE

DAY 1

Fundamentals of corporate financing
• Understand basic corporate financial information
• Equity instruments
• Debt instruments
• Derivatives

Financial reporting of corporate financing instruments
• Financial reporting framework for financial instruments
• Recognition and measurement of financial instruments (MFRS 139)
• Presentation and disclosure of financial instruments (MFRS 132 and MFRS 7)
• Hedging accounting (MFRS 139)
• Current development (MFRS 9)

Equity instruments
• Ordinary shares
• Preference shares
• Warrants and share options
• Financial reporting of equity instruments
• Impacts on financial performance and position
• Case studies of recent corporate financing exercises from listed companies

Debt instruments
• Corporate bonds
• Commercial papers, notes and loan stocks
• Irredeemable convertible unsecured loan stock
• Asset-backed debt securities
• Financial reporting of debt instruments
• Impacts on financial performance and position
• Case studies of recent corporate financing exercises from listed companies

DAY 2

Hedging Accounting
• Types of hedges
• Reporting of Fair Value hedge
• Reporting of Cash Flow hedge
• Impacts on financial performance and position
• Case studies of recent corporate financing exercises from listed companies

Derivative Instruments
• Forwards and futures
• Options and rights
• Swaps
• Financial reporting of derivative instruments
• Impacts on financial performance and position
• Case studies of recent corporate financing exercises from listed companies

NOTTINGHAM UNIVERSITY BUSINESS SCHOOL

Nottingham University Business School (NUBS) Malaysia is an integral part of NUBS United Kingdom, which is consistently ranked amongst the top 20 Business Schools in the UK. The School draws on its global presence to enhance business and management knowledge and practice in a responsible and sustainable way.
NUBS Malaysia was established in 2000 to provide students with unique insights into Asian business growth and development. We are a large and culturally diverse School, with full-time academic staff, from countries such as Malaysia, the United Kingdom, Indonesia, South Korea, Australia and India. We have close to 1,000 students pursuing their studies in foundation, undergraduate and postgraduate courses.
The School is accredited by the European Quality Improvement System (EQUIS) and the Association of MBAs (AMBA); endorsements signifying that the School has met the stringent standards for business education.

Our latest rankings include:
The 2010 Academic Ranking of World Universities (ARWU) ranks our University in the Top 80 for Economics/Business.

Research:
• In 2010, our University was named among the UK's top ten universities for the impact of its publications in economics and business by the Times Higher Education.
• In the 2008 UK Research Assessment Exercise, 70% of our research was rated as either internationally excellent or world-leading, ranking us 6th in the UK.

Undergraduate:
• In the 2012 Complete University Guide, our programmes are ranked in the Top 10 in the UK for Accounting & Finance and Economics, and 11th for Business Studies.

MBA:
• Our programmes are ranked in The Economist's 2011 Global Top 100.
• The QS 2010/11 Global 200 Top Business Schools Report rates us among the top business schools in Europe and in the top 100 for MBA Finance. This report is based on the views of MBA recruiters and employers.
• We rank 1st in the UK and 45th globally in the Aspen Institute's 2011-12 'Beyond Grey Pinstripes' Top 100 ranking of MBA programmes that integrate ethical, social, and environmental issues into teaching and research.

CONTACT

Conference and Workshop Organising Committee
Nottingham MyRIAD Solutions Sdn Bhd

[email protected]