The Business Research and Training Center (BRTC) of the Faculty of Business Administration (FBA) successfully conducted an in-depth training program on IAS 28 – Investments in Associates and Joint Ventures on November 22 and 29, 2025, at the university campus. The program was designed to provide participants with a robust understanding of the equity method of accounting, a crucial technique for reporting investments where significant influence exists.
The training was expertly led by the esteemed academic professional, Mr. Derek Chan from the University of Macau. Participants were guided through the intricate requirements of IAS 28, with sessions covering key areas such as: the principle of significant influence and how it is applied to identify associates, detailed examination of the equity method of accounting, from initial recognition to subsequent measurement, accounting treatment for transactions between an investor and its associate, as well as practical challenges including impairment losses and the implications of a potential loss of significant influence.
The primary objective of the training was to equip accounting and finance professionals with the advanced skills needed to accurately apply IAS 28 in complex real-world scenarios. Attendees, including financial controllers, investment analysts, auditors, and corporate finance managers, gained critical insights into one of the more nuanced areas of IFRS. The sessions were highly interactive, featuring case studies and group discussions that fostered an engaging and collaborative learning environment.
The BRTC remains dedicated to supporting the continuous professional development of the financial community. Building on the success of this and previous programs, the Center plans to continue its series of specialized IFRS trainings, reaffirming its commitment to fostering excellence and integrity in financial reporting, as well the development of modern financial industry in Macau.
