Course Detail(A023 : FRS 107: Financial Instruments: Disclosures)

A023 : FRS 107: Financial Instruments: Disclosures

3.50 CPE Hours (Category 1)
Classroom

Programme Objective

Comprehensive review of the major disclosure requirements under FRS 107 including examples from leading companies on best practice disclosures.

Programme Outline

Balance sheet disclosure:

  • Categories of financial assets and financial liabilities
  • Financial assets or financial liabilities at fair value through profit or loss
  • Reclassification
  • Derecognition
  • Collateral
  • Allowance account for credit losses
  • Compound financial instruments with multiple embedded derivatives
  • Defaults and breaches

Income statement and equity :

  • Items of income, expense, gains or losses

Other disclosures:

  • Accounting policies
  • Hedge accounting - Fair value

NATURE AND EXTENT OF RISKS ARISING FROM FINANCIAL INSTRUMENTS –
Qualitative disclosures and Quantitative disclosures for:

  • Credit risk
  • Liquidity risk
  • Market risk


Training Methodology
Lecture style, with Exercises/Case Studies
 
Closing Date for Registration
1 week before programme or until full enrolment

Intended For

Accountants who need to understand or prepare disclosures.

Competency Mapping

Category 1 = 3.50 Hours

Schedule & Fees

Date & Time

30 Nov 2018 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Sardool Singh

Date & Time

04 Jul 2017 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Sandy Tee

Date & Time

03 Nov 2016 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Sandy Tee

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Sardool Singh
 
Sardool is an Adjunct Associate Professor in the Department of Accounting of the NUS Business School. He has been lecturing for the past 20 years, and is a highly sought-after seminar leader in the areas of Updates of recent Financial Reporting Standards, Cash Flow Statements, Analysis of Financial Statements, Consolidation and other technical accounting topics. Sardool brings a commercial perspective to the understanding of complex Accounting Standards and simplifies the requirements of these Standards to enable the participants to have a clear understanding of the topic.

Sardool is the Chief Financial Officer of an Investment Company. Prior to his current appointment, he was the Group Financial Controller of a Singapore listed healthcare company. During his ten years in the healthcare industry, he was responsible for the entire Group financial functions and the IPOs of two subsidiaries on SESDAQ. His other working experiences included three years with KPMG Peat Marwick and a year with a Japanese merchant bank.

 

Sandy Tee
CA Singapore

 
Sandy is a certified Chartered Accountant of the Institute of Singapore Chartered Accountants (ISCA). She has over 18 years of extensive finance experience which includes audit and technical advisory work across Big 4 accounting firms and investment banks.
 
Prior to her work as a consultant/trainer, Sandy headed the Accounting and Regulatory Policy Team in APAC Finance, Royal Bank of Scotland (RBS). Before RBS, she worked as a Technical Accounting Advisor in Deutsche Bank (DB) and PricewaterhouseCoopers (PwC).
 
Her role as an advisor in RBS, DB and PwC involved conducting customised training to external and internal clients in the Asia Pacific region, spanning across financial institutions and non-financial institutions. In addition, she also regularly advised on accounting and regulatory policies and the practical issues associated with implementing these requirements.
 
During her tenure in RBS, Sandy was a member of the Banking and Finance Committee of ISCA. At PwC, she had contributed an article entitled "International Financial Reporting Standards in Asia" to the Asia Treasurer's Handbook published by The Association of Corporate Treasurers.
 
Prior to her advisor roles, Sandy was an internal auditor at Credit Lyonnais and an external auditor at Arthur Andersen.
 
Sandy was on the Dean's Honours List of the Nanyang Master of Business and Administration degree programme where she specialised in Banking and Finance.
 

Programme Objective

Comprehensive review of the major disclosure requirements under FRS 107 including examples from leading companies on best practice disclosures.

Programme Outline

Balance sheet disclosure:

  • Categories of financial assets and financial liabilities
  • Financial assets or financial liabilities at fair value through profit or loss
  • Reclassification
  • Derecognition
  • Collateral
  • Allowance account for credit losses
  • Compound financial instruments with multiple embedded derivatives
  • Defaults and breaches

Income statement and equity :

  • Items of income, expense, gains or losses

Other disclosures:

  • Accounting policies
  • Hedge accounting - Fair value

NATURE AND EXTENT OF RISKS ARISING FROM FINANCIAL INSTRUMENTS –
Qualitative disclosures and Quantitative disclosures for:

  • Credit risk
  • Liquidity risk
  • Market risk


Training Methodology
Lecture style, with Exercises/Case Studies
 
Closing Date for Registration
1 week before programme or until full enrolment

Intended For

Accountants who need to understand or prepare disclosures.

Competency Mapping

Category 1 = 3.50 Hours

Programme Facilitator(s)

Sardool Singh
 
Sardool is an Adjunct Associate Professor in the Department of Accounting of the NUS Business School. He has been lecturing for the past 20 years, and is a highly sought-after seminar leader in the areas of Updates of recent Financial Reporting Standards, Cash Flow Statements, Analysis of Financial Statements, Consolidation and other technical accounting topics. Sardool brings a commercial perspective to the understanding of complex Accounting Standards and simplifies the requirements of these Standards to enable the participants to have a clear understanding of the topic.

Sardool is the Chief Financial Officer of an Investment Company. Prior to his current appointment, he was the Group Financial Controller of a Singapore listed healthcare company. During his ten years in the healthcare industry, he was responsible for the entire Group financial functions and the IPOs of two subsidiaries on SESDAQ. His other working experiences included three years with KPMG Peat Marwick and a year with a Japanese merchant bank.

 
Sandy Tee
CA Singapore

 
Sandy is a certified Chartered Accountant of the Institute of Singapore Chartered Accountants (ISCA). She has over 18 years of extensive finance experience which includes audit and technical advisory work across Big 4 accounting firms and investment banks.
 
Prior to her work as a consultant/trainer, Sandy headed the Accounting and Regulatory Policy Team in APAC Finance, Royal Bank of Scotland (RBS). Before RBS, she worked as a Technical Accounting Advisor in Deutsche Bank (DB) and PricewaterhouseCoopers (PwC).
 
Her role as an advisor in RBS, DB and PwC involved conducting customised training to external and internal clients in the Asia Pacific region, spanning across financial institutions and non-financial institutions. In addition, she also regularly advised on accounting and regulatory policies and the practical issues associated with implementing these requirements.
 
During her tenure in RBS, Sandy was a member of the Banking and Finance Committee of ISCA. At PwC, she had contributed an article entitled "International Financial Reporting Standards in Asia" to the Asia Treasurer's Handbook published by The Association of Corporate Treasurers.
 
Prior to her advisor roles, Sandy was an internal auditor at Credit Lyonnais and an external auditor at Arthur Andersen.
 
Sandy was on the Dean's Honours List of the Nanyang Master of Business and Administration degree programme where she specialised in Banking and Finance.
 

Upcoming Schedule

Registration is closed

Date & Time

30 Nov 2018 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Sardool Singh

Venue

60 Cecil Street
ISCA House
Singapore 049709