Course Detail(A082 : Financial Statements: Presentation & Disclosure (For Non-Listed Companies))

SDF Funding, SkillsFuture Credit, UTAP Funding

A082 : Financial Statements: Presentation & Disclosure (For Non-Listed Companies)

7.00 CPE Hours (Category 1)
Classroom

Programme Objective

The course title for A082 was formerly known as "Corporate Accounting Reports: Disclosures". The programme coverage remains the same. 

To discuss the latest disclosure requirements relating to the preparation of Corporate Financial Reports for non-listed companies, excluding matters specifically relating to companies in the financial sectors.

Programme Outline

  • FRS 1 Presentation of Financial Statements
  • FRS 2 Inventories
  • FRS 7 Cash Flow Statements
  • FRS 8 Accounting Policies, Changes in Accounting Estimates and Errors
  • FRS 10 Events After The Balance Sheet Date
  • FRS 11 Construction Contracts
  • FRS 12 Income Taxes
  • FRS 16 Property, Plant and Equipment
  • FRS 17 Leases
  • FRS 18 Revenue
  • FRS 19 Employee Benefits
  • FRS 20 Accounting for Government Grants
  • FRS 21 The Effects of Changes in Foreign Exchange Rates
  • FRS 23 Borrowing Costs
  • FRS 24 Related Party Disclosures
  • FRS 27 Separate Financial Statements
  • FRS 28 Investments in Associates and Joint Ventures
  • FRS 32 Financial Instruments: Presentation
  • FRS 36 Impairment of Assets
  • FRS 37 Provisions, Contingent Liabilities and Contingent Assets
  • FRS 38 Intangible Assets
  • FRS 40 Investment Property
  • FRS 103 Business Combinations
  • FRS 107 Financial Instruments: Disclosure
  • FRS 110 Consolidated Financial Statements
  • FRS 111 Joint Arrangements
  • FRS 112 Disclosure of Interests in Other Entities
  • FRS 113 Fair Value Measurement

 

Extracts of selected financial statements of listed companies based on best practices will also be presented.

Closing Date for Registration


1 week before programme or until full enrolment.

Intended For

An Intermediate Level programme for accountants who wish to be updated on the latest disclosure requirements especially those practiced by award winning listed companies in Singapore.

Competency Mapping

Category 1 = 7.00 Hours

Schedule & Fees

Date & Time

20 Mar 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Sardool Singh

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

23 Dec 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Sardool Singh

Date & Time

08 Jul 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Sardool Singh

Date & Time

29 Mar 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Sardool Singh

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 22 August 2020
Course Ref No.: CRS-N-0042282

All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. The credits will not expire and periodic top-ups will be provided by the government. SFC may be accumulated to pay for skills related course fees. You may wish to use your SFC to pay for partial/full ISCA course fees.  (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:

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for SkillsFuture Credit?”, click “Yes” and input all required information. At the Cart page, please ensure that SFC funding is applied before clicking “Checkout”.
  • Step 2: After successful enrolment, please proceed to submit SFC claim on Skillsfuture Portal within 60 days before the course start date and obtain the necessary approval. Please submit SFC claim via SFC portal here: http://www.skillsfuture.sg/credit.

 

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 Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (Eligibility criteria apply). 
 
Funding Period: Until 22 August 2020
Funded Hours: 7 hours
Course Ref No.: CRS-N-0042282

If you wish to enrol participants with SDF Funding, please proceed with the following steps (For Corporate enrolments only) :

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for WDA Funding?”, click Yes and input all required information. At the Cart page, please ensure that SDF funding is applied before clicking “Checkout”.
     
  • Step 2: After successful enrolment, please proceed to submit the Training Grant application via SkillsConnect Portal here: https://www.skillsconnect.gov.sg/

 

Employers of company-sponsored participants must submit training grant via SkillsConnect system 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. Please note that there will be an administrative fee of $42.80 for any revision of invoice.

 

Eligibility Criteria:

  • Company must be registered or incorporated in Singapore and;
  • Applicant is taking the course for the first time.
  • Applicant must be employed, and is either Singapore Citizen or Permanent Resident of Singapore and;
  • Applicant must achieve at least 75% attendance, and pass all examinations /assessments and;
  • Applicant must be fully sponsored by the Company for all costs associated with the training and;
  • Payment has to be made via corporate means (e.g. corporate cheque, corporate GIRO, corporate credit card).

 


3] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members. NTUC member gets to enjoy UTAP funding 50% of the unfunded course fee capped at $250 every year. This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2019 – 31 March 2020.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.
     

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
 
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

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.

 

Programme Objective

The course title for A082 was formerly known as "Corporate Accounting Reports: Disclosures". The programme coverage remains the same. 

To discuss the latest disclosure requirements relating to the preparation of Corporate Financial Reports for non-listed companies, excluding matters specifically relating to companies in the financial sectors.

Programme Outline

  • FRS 1 Presentation of Financial Statements
  • FRS 2 Inventories
  • FRS 7 Cash Flow Statements
  • FRS 8 Accounting Policies, Changes in Accounting Estimates and Errors
  • FRS 10 Events After The Balance Sheet Date
  • FRS 11 Construction Contracts
  • FRS 12 Income Taxes
  • FRS 16 Property, Plant and Equipment
  • FRS 17 Leases
  • FRS 18 Revenue
  • FRS 19 Employee Benefits
  • FRS 20 Accounting for Government Grants
  • FRS 21 The Effects of Changes in Foreign Exchange Rates
  • FRS 23 Borrowing Costs
  • FRS 24 Related Party Disclosures
  • FRS 27 Separate Financial Statements
  • FRS 28 Investments in Associates and Joint Ventures
  • FRS 32 Financial Instruments: Presentation
  • FRS 36 Impairment of Assets
  • FRS 37 Provisions, Contingent Liabilities and Contingent Assets
  • FRS 38 Intangible Assets
  • FRS 40 Investment Property
  • FRS 103 Business Combinations
  • FRS 107 Financial Instruments: Disclosure
  • FRS 110 Consolidated Financial Statements
  • FRS 111 Joint Arrangements
  • FRS 112 Disclosure of Interests in Other Entities
  • FRS 113 Fair Value Measurement

 

Extracts of selected financial statements of listed companies based on best practices will also be presented.

Closing Date for Registration


1 week before programme or until full enrolment.

Intended For

An Intermediate Level programme for accountants who wish to be updated on the latest disclosure requirements especially those practiced by award winning listed companies in Singapore.

Competency Mapping

Category 1 = 7.00 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.

 

Upcoming Schedule

Date & Time

20 Mar 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Sardool Singh

Venue

60 Cecil Street
ISCA House
Singapore 049709