SDF Funding, SkillsFuture Credit
Program ObjectiveThis full redeveloped program will help the participants understand the new concept of accounting and tax for individual transaction and illustrate the differences resulting in deferred tax. The course will provide an overview on the recognition, measurement and presentation of deferred tax assets and liabilities based on Singaporean and Multinational companies. .The program will advise on how to identify and measure temporary difference for tax residents and be specific on the implications on tax schemes like:• Pioneer, • DEI status and• Productivity and Innovative Credit in Singapore. Additionally the participants will learn how more complex areas of accounting like share-based payments, investment properties and business combinations will affect the accounting of deferred tax. The course is based on numerous practical examples and case studies to help understand the complexity of this topic. The program will end with a look ahead to the key changes proposed by the new exposure draft on income tax under FRS 12 (R) and the implications from the annual improvement project
Program ObjectiveThis full redeveloped program will help the participants understand the new concept of accounting and tax for individual transaction and illustrate the differences resulting in deferred tax. The course will provide an overview on the recognition, measurement and presentation of deferred tax assets and liabilities based on Singaporean and Multinational companies. .The program will advise on how to identify and measure temporary difference for tax residents and be specific on the implications on tax schemes like:
Overview of FRS 12 “Income Tax”Recognition of Deferred TaxesStep by Step approachTemporary vs. Permanent DifferencesTax Base vs. Book BaseTax rateDeferred Taxes on complex issuesTax holidays (Pioneer & DEI Status)Investment PropertyShare-based paymentsBusiness CombinationsFair value adjustmentsInitial recognition differenceTax losses of acquireeUncertain tax Positions under FRSConcept and Recognition criteriaMeasurement of uncertain tax positionsPresentation of uncertain tax positionsLook ahead “Exposure draft on Income tax FRS 12 (R)”Key changes in recognition and measurement of deferred taxesExecutive summaryTraining MethodologyLecture style, with Exercises / Case StudiesClosing Date for Registration1 week before programme or until full enrolment
Training MethodologyLecture style, with Exercises / Case StudiesClosing Date for Registration1 week before programme or until full enrolment
A Foundation to Intermediate Level program intended for Chief Financial Officers, Financial Controllers, Finance Managers, Auditors, Accountants and those involved in the preparation and interpretation of financial statements. Also for those who are interested to gain an understanding of an overview on the recognition, measurement and presentation of deferred tax.
Category 1 = 7.00 Hours
20 Sep 2019 (9:00 AM - 5:00 PM)
Registration is closed
07 Jun 2019 (9:00 AM - 5:00 PM)
20 Mar 2019 (9:00 AM - 5:00 PM)
1] SkillsFuture Credit (SFC)Funding Period: Until 05 Jan 2023Course Reference Number: TGS-2020501913
All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. You may wish to use your SFC to pay for partial/full ISCA course fees.
On 1 Oct 2020, the Government provided a one-off SkillsFuture Credit Top-up of $500 for all eligible Singaporeans aged 25 or above by 31 Dec 2020. Singaporeans aged 40 to 60 by 31 Dec 2020 will also receive an Additional SkillsFuture Credit (Mid-Career Support) of $500 which can be used for courses under: (i) SGUnited Skills Programme, (ii) SGUnited Mid-Career Pathways Programme – Company Training, and (iii) Career Transition Programmes. This additional SFC (Mid-Career Support) is NOT applicable for use on ISCA courses. (For more information on the SFC scheme, please visit http://www.skillsfuture.sg/credit)
If you wish to enrol for the course with SFC Funding, please proceed with the following steps:
Failure to submit claim application and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use. Please note that there will be an administrative fee of $42.80 for any revision of invoice.
2] WDA Training Grant - SDF FundingThis course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (Eligibility criteria apply).
Funding Period: Until 05 Jan 2023Funded Hours: 7 hoursCourse Reference Number: TGS-2020501913
If you wish to enrol participants with SDF Funding, please proceed with the following steps (For Corporate enrolments only) :
For course run start date before 1 Nov 2020, submit training grant application in SCN until 30 Nov 2020.
For course run start date on or after 1 Nov 2020, Enterprises/employers are NOT required to log into TPGateway/SCN to submit training grant.
Remarks
• Step 2: After receiving email that the programme status is confirmed, please proceed to submit the Training Grant application via SkillsConnect Portal (https://www.skillsconnect.gov.sg/).
Employers of company-sponsored participants must submit training grant via SkillsConnect to obtain training grant for course fees. You may submit the Training Grant application within the period from 30 days before the course start date to 30 days after course start date.
The employee’s enrolment, attendance and assessment recordswill be submitted by ISCA onto TPGateway.
Please note that there will be an administrative fee of $42.80 for any revision of invoice.
Eligibility Criteria:
For Members: $ 345.61 For Non-Members: $ 415.16
60 Cecil StreetISCA HouseSingapore 049709
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Do you wish to apply for SFC funding? (Singapore Citizenship Only)
05 Mar 2021 - 05 Mar 2021
08 Mar 2021 - 08 Mar 2021