Mastering Accounting & Tax Treatment for Non-Current Assets

20 Jul, 2026, Concorde Hotel Kuala Lumpur

Register Now
PDF Brochure

IPA Training is Registered with

Learn from the Best

T.THARMASEELAN
Chartered Accountant (M)
Fellow Of The Association Of Chartered Certified Accountant (UK)
MBA (Wales) in Marketing
HRDF certified Trainer
Certificate IV in Training and Assessment (AIM)

 

Tharmaseelan C.A (M), F.C.C.A, MIAE has vast experience in the field of Accounting, Taxation, Internal Control Systems and Finance for almost 25 years in an international accounting firm and local consultancy firms.

 

His career spanned across wide working experience and exposure in Accounting, Taxation, implementing Internal Control Systems and Finance in consultancy firms, a leading hotel in Langkawi and in a leading hotel training college. He has also developed Business, Accountancy and IT Programs with various colleges, and these programs are validated by foreign universities and professional Bodies.

 

He was attached to a medium size audit firm as a Senior Audit Assistant before he moved over to an established international tax company where he held the position as a Tax Senior. He then joined an established professional firm as the Tax Manager where he oversaw the computation, submission and resolving tax issues for clients.

 

His tenure with an established Consultancy as a Senior Consultant gave him the opportunity to designed internal control systems & implemented it. He also advised his clients on compliance with accounting standards and tax regulations. His last position prior to going into practice was as the Associate Director of The Business School where he was responsible for restructuring the Business School and identifying suitable courses and obtaining accreditation from various bodies and universities.

 

He is currently in practice offering his expertise and knowledge to corporate and professional clients, locally and worldwide. His specializations are in designing and setting up of Accounting, Taxation, Finance, Internal Control and Operational Systems as well as in performing Operational Audits. His well-esteemed clients include those in the hospitality, education, manufacturing and service-based industries.

 

As a qualified Accountant, he is actively involved in conducting audit and financial courses. His experience brings him to faraway countries such as Vietnam, Brunei, Singapore, Nepal, Uganda and Rwanda to train Accounting and Financial Professionals.

 

He is currently the principal consultant of his own consultancy firm and a director of a growing tax and secretarial firm.

 

He is also a regular training facilitator for
1. Malaysian Institute of Accountants
2. Certified Public Accountants of Australia

 

Venue Details

Concorde Hotel Kuala Lumpur
2 Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia,

https://kualalumpur.concorde hotelsresorts.com/



Phone : 03 2144 2200

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • Overview & Recognition
  • Measurement & Depreciation
  • Tax Treatment
  • Deferred Tax & Reconciliation
INTRODUCTION

Participants will be able to:

  1. Understand Accounting Standards for Non-Current Assets
    Gain a clear understanding of the key requirements under MFRS and MPERS relating to non-current
    assets.
  2. Apply Proper Recognition & Measurement Principles
    Learn how to correctly recognise, classify, measure, and account for non-current assets throughout
    their lifecycle.
  3. Implement Appropriate Depreciation Methods
    Understand depreciation techniques, useful life assessments, residual values, and impairment considerations.
  4. Understand Tax Treatment & Capital Allowances
    Apply the correct tax treatment for non-current assets, including capital allowances, balancing
    charges, and disposals.
  5. Identify Deferred Tax Implications
    Understand temporary differences between
    accounting and tax treatments and their impact on deferred tax calculations.
  6. Perform Reconciliation Between Accounting & Tax Records
    Learn practical approaches to reconciling financial reporting figures with tax computations effectively.
  7. Avoid Common Errors & Audit Risks
    Identify common mistakes, compliance gaps, and audit issues relating to non-current assets
    and implement preventive controls.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Strengthening your understanding of accounting and tax requirements for non-current assets.
  2. Improving the accuracy of financial reporting and asset accounting practices.
  3. Ensuring compliance with MFRS, MPERS, and Malaysian tax regulations.
  4. Minimising errors relating to depreciation, asset classification, disposals, and capital allowances.
  5. Managing better deferred tax implications and reconciliation processes.
  6. Reducing audit risks and improving documentation readiness.
  7. Gaining practical knowledge that can be immediately applied in the workplace.
  8. Improving internal controls and governance over asset management.
  9. Improving confidence in handling complex accounting and tax treatment issues relating to fixed assets.
WHO SHOULD ATTEND
  • Finance & Accounting Professionals
  • Auditors
  • Tax Practitioners
  • Finance Managers
  • SMEs & Corporate Entities
  • Anyone involved in asset accounting, financial reporting, or tax compliance
METHODOLOGY

This practical and highly interactive course includes:
• Interactive Lectures
• Practical Exercises
• Group Discussions
• Real-Life Accounting & Tax Scenarios

Participants will gain practical exposure and hands-on understanding of accounting and tax treatment for non-current assets in real business situations.

COURSE CONTENT
9:00

OVERVIEW & RECOGNITION

  • Definition of Non-Current Assets
  • MFRS 116 / MPERS Section 17
  • Initial Recognition Criteria
  • Component Accounting
  • Capital vs Revenue Expenditure
10.45

MEASUREMENT & DEPRECIATION

  • Cost Model vs Revaluation Model
  • Depreciation Methods (SL, Reducing Balance)
  • Useful Life and Residual Value
  • Changes in Estimates
  • Impairment Overview (MFRS 136 / MPERS Section 27)
1:00 Lunch
2:00

TAX TREATMENT

  • Capital Allowances (Initial & Annual)
  • Industrial Building Allowance (IBA)
  • Balancing Charge & Allowance
  • Disposals and Tax Implications
  • Differences Between Accounting and Tax
3:45

DEFERRED TAX & RECONCILIATION

  • Temporary Differences
  • Deferred Tax Computation (MFRS 112)
  • Linking Accounting Depreciation vs Capital Allowance
  • Tax Reconciliation to Form C
5:00 End of Course