Course Detail()

3.50 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Classroom


Programme Objective
 
This course will provide insights for participants to manage reporting risks by understanding the common pitfalls based on regulators’ review themes and comments.
 
Ensuring high quality financial reporting is a collective responsibility. For
companies to maintain their reputation for trust and provide fair and reliable financial information, it is imperative for all stakeholders in the financial reporting value chain –directors, management, finance teams, auditors, investors, and regulators –to work together to raise the bar on financial reporting. As such, it is essential for all preparers of financial statements to have an excellent understanding of Singapore FRS. This will empower various stakeholders to exercise sound professional judgement in making financial reporting decisions and effectively overcome any pitfalls and reporting risks.
 
This half-day workshop is designed to cover not only the key judgment areas that are common sources of application issues but also the real life errors made by companies that affect the fair representation of financial statements.
 
The workshop leaders are from the Accounting and Financial Reporting Advisory Services of PwC Singapore who are IFRS specialists with extensive experience in providing accounting advice to clients facing judgement areas in accounting standards on a day-to-day basis.

Programme Outline

This half-day workshop is designed to answer the following questions:
•    What are the key judgement areas that are common sources of application issues in practice based on regulators’ observations?
•    How to adapt the right behaviourin preparation and review of financial statements to avoid common pitfalls?

Areas covered includes the following and more:
•    Impairment testing under FRS 36
•    Consolidation -Common control and joint arrangements
•    Operating segments identification
•    Intangible assets
•    Business combinations cash flow statements
•    Disclosure of significant management’s judgments and estimates
•    Fair value measurement

The answers to the above questions will be discussed through an interactive workshop with exercises and case studies on how to exercise sound professional judgement in financial reporting.

 
Training Methodology
Classroom style with quizzes
 
Closing Date for Registration
1 week before programme or until full enrolment

Intended For

CFOs, Finance, Managers, Controllers, Supervisors, Accountants, Analysts, Investor Relations, Financial Planning, Procurement, Treasury, Investors, Internal auditors at all levels

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Programme Objective
 
This course will provide insights for participants to manage reporting risks by understanding the common pitfalls based on regulators’ review themes and comments.
 
Ensuring high quality financial reporting is a collective responsibility. For
companies to maintain their reputation for trust and provide fair and reliable financial information, it is imperative for all stakeholders in the financial reporting value chain –directors, management, finance teams, auditors, investors, and regulators –to work together to raise the bar on financial reporting. As such, it is essential for all preparers of financial statements to have an excellent understanding of Singapore FRS. This will empower various stakeholders to exercise sound professional judgement in making financial reporting decisions and effectively overcome any pitfalls and reporting risks.
 
This half-day workshop is designed to cover not only the key judgment areas that are common sources of application issues but also the real life errors made by companies that affect the fair representation of financial statements.
 
The workshop leaders are from the Accounting and Financial Reporting Advisory Services of PwC Singapore who are IFRS specialists with extensive experience in providing accounting advice to clients facing judgement areas in accounting standards on a day-to-day basis.

Programme Outline

This half-day workshop is designed to answer the following questions:
•    What are the key judgement areas that are common sources of application issues in practice based on regulators’ observations?
•    How to adapt the right behaviourin preparation and review of financial statements to avoid common pitfalls?

Areas covered includes the following and more:
•    Impairment testing under FRS 36
•    Consolidation -Common control and joint arrangements
•    Operating segments identification
•    Intangible assets
•    Business combinations cash flow statements
•    Disclosure of significant management’s judgments and estimates
•    Fair value measurement

The answers to the above questions will be discussed through an interactive workshop with exercises and case studies on how to exercise sound professional judgement in financial reporting.

 
Training Methodology
Classroom style with quizzes
 
Closing Date for Registration
1 week before programme or until full enrolment

Intended For

CFOs, Finance, Managers, Controllers, Supervisors, Accountants, Analysts, Investor Relations, Financial Planning, Procurement, Treasury, Investors, Internal auditors at all levels

Programme Facilitator(s)


No course instances or course instance sessions available.