It's already 31st of October!.. Hurry up and register for MASC 2010! As we know, the date of MASC is your holiday and we would hope to get you all as our participants! It'll be a great event for you to come! It's a very rare chance to actually have this kind of convention especially when you get to meet various friends from different universities and colleges. Social networking is very important for future, all of us have to be aware of that. Besides, MASC 2010 is a convention that provides you with information from CEO's about the important issues which is very much needed in your later life. What more, when MASC 2010 throw in a chance for all of you to be able to have KL Explorace and enhance your communication skill!
Through MASC 2010, you will sure have remarkable memories and something that is worth to be remembered!
Really hope to see all of you in MASC 2010! a great event that you must not miss!
Transfer pricing is the pricing of assets within an organisation. The term usually refers to prices on cross-border transactions within multi-national entities eg. from a foreign parent company to a subsidiary. Since the prices are controlled within an organisation, a price that appears to reflect market pricing to your company may not be when considered 'at arm's length'.
In recent years, transfer pricing has emerged as a critical success factor in corporate strategic planning and executive decision-making. More and more companies focused on growth and market leadership are recognising the important role transfer pricing can play in:
Minimising the corporate tax burden
Enhancing operational performance
Reducing legal exposure
Increasing cash flow
It is an international tax issue of significant interest and impact, and now is the time to get on top of its meaning and implications. Every year, more countries are challenging companies on their transfer pricing activities and imposing onerous penalties on those in noncompliance.
In Malaysia, legislation on transfer pricing was proposed in the 2009 Finance Budget and was gazetted on 8 January 2009. Based on the said legislation, effective 1 January 2009, companies with related party transactions are required to determine and apply the arm’s length price for the acquisition or supply of property or services. Therefore, it is mandatory for all companies to prepare transfer pricing documentation for the purpose of determining the arm’s length price. (sources from: Deloitte Malaysia)
With great pleasure, we have Ms Theresa Goh, the National Transfer Pricing Leader of Deloitte Malaysia’s Transfer Pricing Team to be one of our speakers on the topic ''GST, RPGT & Transfer Pricing''.
The committee members of MASC 2010 and Ms Theresa Goh
Ms Theresa was recognised as aleading transfer pricing adviser in Euromoney's 2009 Guide to the World's Leading Transfer Pricing Advisers. Her experience covers tax audits and investigations and tax planning and advisory for clients in a wide range of industries, including manufacturing, services and oil & gas sectors. Theresa has more than 20 years of tax and transfer pricing (TP) experience covering a wide range of taxation. She has extensive experience in successfully completing many tax planning and consulting assignments in areas such as restructuring, mergers and acquisition.
Eager to know more about Transfer Pricing and hear more from Ms Theresa?
MASC 2010 provides you this golden opportunity and we guarantee that you will never regret to become part of us!
Finally, The publicity team had done their roadshow in Sunway University College!
It was very successfully being done and we would like to thank a million to Mr. Chin for helping us out throughout the roadshow! =)
We managed to get a very positive respond from the students in Sunway University College! It's very nice of them and we love the smile you put on your face! =)
Again, we really hope to see participants from Sunway University College because this convention really has great beneficial value that all of you must not miss! Your participation is very much anticipated! =))
Accounting students from Sunway University College, SEE YOU IN MASC 2010!
As you know, the main highlight of MASC 2010 is the KL ExploRace which will be held in the prestigious golden triangle area of Kuala Lumpur!
Hence, in order to ensure the explore race to be fun and safe, the organizing committee of MASC 2010 had started the very first trial run on last Sunday !!
It's so so so so So sSO FUN !!!
Let's have a look at the photos!!
We are READY !!!! GO!!!
But ??? Who go up first?? Ha.Ha.!!
Game Masters and Group Leaders
What do the game master holding??? Participants anxious for the result??
Take photos to complete mission !!!
And YEAH !! We're number ONE!!! =P
A small postmortem after the test run.
All of the committee members had enjoyed alot throughout the KL Explore Race test run !!!
And we will try our best to improve our games in order to ensure you all to have a GREAT GREAT GREAT Fun in KL !!!
Many of you may have heard of MASC for many times.
You may have heard your friend talking about it, seen it in Facebook, seen it in blogspot, watched a lot of fantastic videos of MASC, but...
What is MASC?? Why should you join MASC !!??
MASC is the largest accounting convention that gather accounting students from both public and private institution, organised by University of Malaya Accounting Club (UMAC).
The first MASC was launched last year and it has been a GREAT SUCCESS !
Hence, this year, UMAC had formed an ad-hoc committee to organise the second Malaysian Accounting Students Convention - MASC 2010. MASC 2010 will be held from 14 to 17 December 2010 in University of Malaya.
So, come to the center of the question, WHY should YOU join MASC ??
1. To enlarge your social network MASC is a national event that gathers accounting students from both PUBLIC and PRIVATE
institution. Hence, it is a GREAT OPPORTUNITY for you to make new friends, who hail from
different hometown, different universities and different background.
2. To meet your future employers This year, we are glad to have ICAEW & Genting as our title sponsor, while Pwc, Cheng & Co, BDO
are our event sponsors. Besides, we do have Dato Johan Raslan, the chairman of PwC, Dr
Veerindeerjeet Singh, Managing Director of Taxand Malaysia, Mr Jason Lo, the CEO of Tune Talk,
Dato Gan Ah Tee from BDO, Mr Siew from KPMG, Ms Theresa from Deloitte etc etc as our speakers!
Hence, this will be a GOLDEN OPPORTUNITY for you to meet up with them!!
3. To widen your perspective & gain new insights Throughout this 4 days 3 nights convention, we will have 3 talks and 1 forum as well as talks from
our sponsors. The topics of our talks are as follows:
i. The Role of Youth in Malaysia's Economy
ii. Motivation Towards Entrepreneurship
iii. GST, RPGT & Transfer Pricing
iv. Local vs Foreign Undergraduate ( Forum )
Above are the topics that we are going to discussed with you during MASC 2010! For sure you can
gain a lot from these topics as well as speakers, giving you a new insight and perspective on certain
issues.
4. To immerse yourself in the world of accounting Although our topics this year is not about professional accounting skills, eg: auditing, etc. Yet, 98%
of our participants are taking Accounting course and most of our sponsors are from the Accounting
field! So, throughout this 4-day-convention, you could really immerse yourself in the world of
Accounting!
5. To HAVE FUN!!! The highlighted event of MASC 2010 is KL Explore Race. It will be held in the prestigious golden
triangle area of KL, which is around Berjaya Times Square, Wisma Genting and Pavillion. It is
organised based on entrepreneur concept, about money generating! So, participants is going to
fully utilise their soft skills and knowledge to generate money in order to win the game!
4 days 3 nights accommodation, 5 meals per day, t-shirt, name tag, name card, convention dinner, kl explore race, 1 day insurance etc etc... >> only RM 70!!!
And Let's hear what do corporate people say about MASC!
For your information, the publicity team of MASC 2010 is going to Universiti Putra Malaysia (UPM) on this coming Tuesday (19/10/10) !!
We will be there with you from 12pm to 4pm in DKEB 1!
So, dear all UPM accounting undergraduates , do come to our roadshow and clear your doubts regarding MASC 2010!
Besides, we would like to deliver our thousands of thanks to University Putra Accounting Club (UPAC) for lending us a big hand to organise this roadshow in UPM!
Friends, remember Mr. Siew Chin Kiang being one of our speaker forthe topic,Comparison between Local and Foreign Undergraduates?
The Public Relation team mate of MASC 2010 had succeeded to invite another great speaker to discuss about this topic.
For further study into this interesting topic, Mr Wayne Lim is here, in MASC 2010 to share with us his thoughts and opinions. ^^
Very proudly, let us tell you something about Mr. Wayne Lim...
Wayne Lim, Chief Executive Officer of the MALAYSIA SME™ newspaper has been actively involved within the SME community for the past 10 years. He started the SMI Business Directory with SMI Association of Malaysia in 2001 while he was attached to a Singapore PLC and has been deeply involved in the business of SMEs ever since.
Wayne founded the MSME media group in 2005, and subsequently conceptualised the MALAYSIA SME™ media brand. In less than three years, he has propelled the group from being the publisher of a single directory to becoming the largest SME media corporation in Malaysia. The group currently publishes the nation’s first and only SME newspaper with a fortnightly audited circulation of 50,000 copies.
In addition to the first SME newspaper and Business Directory, Wayne was also the first to launch many media products and services specifically for SMEs. The MSME media group currently publishes the MALAYSIA SME™ CD-ROM, and MALAYSIA SME™ Online, as well as manages the MALAYSIA SME™ Business Networking and Seminars, MALAYSIA SME™ Congress, MALAYSIA SME™ On Air, MALAYSIA SME™ Mobile and MALAYSIA SME™ Membership.
In the course of his business endeavours, Wayne always stays closely connected to the SME community. He is very knowledgeable about the SME industry and has a great understanding of their trends and challenges. He expresses his opinion and shares his knowledge on the SME industry regularly through his column ‘SMEminism™’ where he champions for SMEs to be recognised and assisted on a level playing field with large corporations.
Apart from being well versed with the ins and outs of the SME community, he is passionate about sports and deeply loves the game of football. He is an avid football fan and a FAM certified football coach.
So, friends, what are you waiting for?
Quickly register for MASC 2010 as it is only limited to 300 participants!
It's a once in a life time opportunity for you to listen to Mr. Wayne Lim discussing about this topic lively.
It's an interesting topic by a great speaker like Mr. Wayne Lim.
Friends, unclear about the flow of registration??
Ha! Here you are,watch the video below and it will show you the flow of registration for MASC 2010 step by step!! =D
Are you guys anticipating for the coming MASC 2010?
I'm sure you are.. =)
Keep it up as the MASC 2010 is coming real soon!
14th December 2010 - 17th December 2010
Lots of activities will be waiting for you..
Lots of interesting topics will be here waiting for you to be discussed about..
And lots of friends will be there for you to be friend with and enlarge your social networking!!
Before this, the organizing committee would like to remind you about some documents that you need to bring during 14 December 2010 for verification purpose.
Documents include:
Your Identification Card ( IC)
Your Student I.D.
Your Proof of Payment in hard copy
Your resume in hard copies
Do not forget to bring all these documents!!
Remember to keep your bank slip and print out your resume! =)
An interview session form our Public Relation team mate with Mr Siew Chin Kiang, one of our speaker in MASC 2010.
(The Role of Youth in Today's Economy)
Every year, a thousand or more fresh accountancy graduates leave the safe confines of Malaysian universities and colleges to compete with each other for positions in the top accounting firms. Such a surplus of qualified graduates necessitates a grueling filtering system put in place by the firms to ensure that they obtain the best candidates for the job.
The question then arises: What can a fresh graduate do to stand out from the crowd?
To find out, we talked to Mr. Siew Chin Kiang, staff partner of one of the largest and most prestigious professional services firms, KPMG Malaysia. He shared with us his views on the role of youths in today’s economy.
According to Mr. Siew, honing their technical skills is the very first step that youths need to take in order to succeed in the future. Why did he say that? This is because the basic criteria that firms look into when reviewing potential applicants is whether they have a good knowledge of the fundamentals. This will then allow the youth to progress and develop quickly.
Mr. Siew also discussed about how quickly today’s economy is changing. What we experience upon entering the workforce may not be the same as what we have studied in school or university. Nowadays, in order to succeed in their chosen careers, youths must possess both technical and soft skills.
Soft skills, such as the ability to communicate and socialize well, can often determine whether or not candidates succeed in attaining their desired job. Mr. Siew emphasized that during the interview sessions, candidates must be able to ‘sell’ themselves to the potential employer and demonstrate their strengths in comparison to the other applicants. To that end, their answers to interview questions should not be too generic as this is their opportunity to impress the interviewer with their uniqueness.
In other words: Don’t put the interviewer to sleep.
On the subject of technology, Mr. Siew’s said that there are different challenges posed by the level playing field that technology promotes by granting everyone the same access to extra knowledge, as well as the added distractions of modern life. The youths today must use technology as a tool and focus their energies on what they need and want to achieve in the future. Youths must be determined and adaptable in going after the future that they have set their minds on.
In addition, Mr. Siew stressed that a successful youth must also be independent and adaptable irrespective of the economic conditions that they experience upon graduation. Success also depends on how good the youths are in targeting and selecting the opportunities that come directly or indirectly to them in their careers. Thus, they must always stay alert and prepare themselves to be ready when the opportunity is before them. This preparation will involve going through and learning from the different kinds of obstacles and difficulties along their career.
(Local Undergraduates vs Foreign Undergraduate)
The remainder of our interview session concerned the differences between local and foreign undergraduates. While he did not deny that foreign undergraduates are often more adapt in terms of soft skills, local undergraduates often have the upper hand when it comes to technical skills.
However, all differences aside, both local and foreign undergraduates are treated the same during recruitment sessions and getting the job depends on who is better able to ‘sell’ themselves to the interviewer.
In conclusion, Mr. Siew’s parting advice to the youth of today was to learn from others,focus on what they are trying to achieve and develop each year, be hard-working and be able to work in a team. Other than that, Mr. Siew also stressed that there is no shortcut in moving up in a career and everything must be done step by step in order to obtain a successful life in the future.
To know more about this topic, join MASC 2010 as this will be your great life time opportunity to explore this topic deeply with professional body like Mr. Siew Chin Kiang.
So, do you ever wonder what are the differences between local undergraduates and foreign undergraduates?
Why do people always compare local undergraduates and foreign undergraduates?
Therefore, this will be one of our topic to be discussed about in MASC 2010!
Comparison between Local and Foreign Undergraduates
To clear your doubt bout it, join MASC 2010.
We are also very lucky to get to invite Mr. Siew Chin Kiang as one of the speaker for this interesting topic.
If you want to listen to his opinion about this topic, what more? do not hesitate and fill up the online application and be a part of MASC 2010!
Let us give some brief information about Mr. Siew Chin Kiang:
Mr.Siew is currently the Executive Director and Joint Partner in Charge of the Financial Advisory Services in KPMG where he oversees the Corporate Finance and Transaction Service practice.
He is also the Staff Partner overseeing all human capital, talent management and staff matters in the Firm.
Mr. Siew started his career with KPMG in 1986. He was in the audit division for 22 years of which 2 years was in the United States under the KPMG International Transfer Program. His experience in audit includes leading the audit of numerous public listed companies, public interest enterprises and a wide range of companies in different industries.
He has also been involved as a Reporting Accountant in the initial public offering of various companies.
Mr. Siew is aFellow Member of ACCA, a member of MIA and MICPA. He actively contributes to the profession and is currently a member of the ACCA Malaysia Advisory Committee. He was previously on the sub-committee of MIA looking at the introduction of the Anti Money Laundering Act for the profession and was a member of the examination committee of MICPA.
If you want to listen to his opinion on this topic,
It's our great pleasure again to get to invite another great speaker to MASC 2010.
Mr. Micheal Teoh will be our speaker for the topic The Role of Youth in Malaysia's Economy.
Let us brief you something about Mr. Michael Teoh:
Michael Teoh is a Youth Advocate in Malaysia, consulting government agencies, companies and NGOs on engaging and developing the youth segment. He is currently the Head for Outreach Program at myHarapan, a youth foundation established to support, facilitate and grow youths and their initiatives to create positive impact to the community.
He was the Co-Founder of Youth Entrepreneurs Malaysia (YEM), a social start-up enterprise involved in the business of building communities and becoming a Youth-centric media platform for entrepreneurship. To date, he has connected with more than 10,000 youths across 100 community and entrepreneurship projects in universities and colleges, since last year while pursuing YEM.
He is a multiple time global business competition champion during his university days overseas, where he represented New Zealand to competitions and conferences in New York, Singapore, Hong Kong and more. He was also an active student leader in global youth organizations like SIFE, AIESEC, the Microsoft Imagine Cup and Student Council.He has also consulted companies like Citigroup and Ocean Park, both in Hong Kong, Start-Ups and Incubators in New Zealand and micro-businesses in tourism and youth development in Malaysia.
After his graduation in 2008, he was invited to speak at the Harvard Business Conference and was also one of the seven of Malaysia’s Most Outstanding Youth awarded by the Asian Youth Ambassadors.
In 2009, Michael was nominated to the Asia-Pacific Future Young Social Entrepreneurs Top 100 List and the Asia Leaders21 Group, both representing Malaysia. Recently he was even offered to pursue a project with leading MBA School – INSEAD on Social Entrepreneurship. At the same year, he too was recognized as the Youth Catalyst for the Global Entrepreneurship Week project, a project spread across 102 countries around the world.
On the media front, Michael has won the Tune Talk Chief Talker Awards for ‘Youth Empowerment’, the Honda – Our Challenging Spirit Awards for ‘Passion in Entrepreneurship’ and the Live & Inspire – Youth Rocks Awards for Malaysian Role-Model, notable for his influence and crowd-sourcing abilities on the web communities.
Sharing knowledge and showcasing local youth talents have always been his passion, hence his feature as a regular speaker on youth development and entrepreneurship at universities and colleges across the region.To date he has spoken in more than 100 occasions in universities like UiTM, UM, UUM, USM, Unirazak, UTAR, Lim Kok Wing University and more. On the business side, he was a speaker in MSC Innotech-Penang, the GoMobile Conference, the SIFE National Business Competition and many more.
In 2010, Michael excelled on a different notch as he was voted by Malaysian youths to represent the Voices of Young Malaysians to One Young World, a global youth summit held in London, where he addressed 1,000 youths across 192 countries and millions watching from BBC World News and YouTube on how ‘Youths are Mobilizing Change through Social Media’, a speech which landed him interviews with CNN News, BBC World News and Reuters. Interestingly as well, Michael had managed to unite 36,000 Malaysian youths’ ideas into a book within one week, as a ‘Gift’ from Malaysia to the 192 countries’ leader during the summit.
Michael had just returned from a program sponsored by leading MBA School – INSEAD in Singapore, where he pursued a short course program in Entrepreneurship Development and was invited to Stanford University to deliver his speech on the Malaysian Entrepreneurial Landscape in the USA.
Incredibly, Mr Michael Teoh will be with us in MASC 2010!
will you be with us?
It's a very good opportunity for you to listen to talk from him personally.
We are very glad and it is our great pleasure to finally get to invite Dato Johan Raslan to be the speaker of our topic, The Role of Youth in Malaysia's Economy.
Bhg Dato’ Johan Raslan is the Executive Chairman of PricewaterhouseCoopers Malaysia. He has over 25 years of experience in audit and business advisory both in Malaysia and the United Kingdom.
Dato’ Johan holds a Bachelor of Science (Hons) degree in Economics and Accountancy from University of Hull, United Kingdom. He was admitted as a member of the MICPA in 2002 and became a Council Member of the Institute in 2003. He was appointed as the Vice President of MICPA in 2009 and he is currently the President of this world-class accounting body.
Here is thelink if you want to know more bout Dato Johan Raslan.
Join MASC 2010 to experience a talk from Dato Johan Raslan and it is the golden opportunity in your life!
To all participants who want to register for MASC 2010,
This will be the flow if you want to register.
Firstly you have to do online application in UMAC official website: http://www.umac.um.edu.my/ or you can also apply it here in this blog.
After submitting the registration form,
Participants are required to send in a resume to masc10@live.com, with the subject title - ''MASC 2010 - Your full name as shown in IC''. (eg: MASC 2010 - Edward Lee Kok How) Please take note that participants need to send in the resume within 3 days upon registered. Otherwise, your registration will be canceled.
The organising committee will send you a letter of confirmation within 3 days after your registration and after you have submitted your resume.
If you do not receive any letter of confirmation after 5 days, please let us know through email at masc10@live.com.
All the details regarding payment of registration will be told in the confirmation email.
And you will need to inform us the details of your payment as being told in the confirmation email.
Upon receiving the confirmation email regarding your payment, your registration is then completed and congratulation! You are successfully registered for this convention!
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