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

In view of the COVID-19 situation, selected ISCA’s CPE courses/sessions will be delivered via Live Webinar.

Please do check the details before confirmation your registration for the course/session.

 

The live webinar session is eligible for SkillsFuture Singapore (SSG) funding.
Please proceed to submit your claim application as per usual as there are no changes to funding application procedures. On SSG portal, please take note to select the correct course title, which includes the term "Synchronous e-learning".

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)

Registration is closed

Programme Facilitator(s)

Sardool Singh

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

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 22 Aug 2021
Course Reference Number: TGS-2020501286

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 Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (Eligibility criteria apply). 

Funding Period: Until 22 Aug 2021
Funded Hours: 7 hours
Course Reference Number: TGS-2020501286

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”.
     

 

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:

  • 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 members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 1 July 2020 to 31 December 2022. *This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2020 – 31 March 2021.
 
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.

 

In view of the COVID-19 situation, selected ISCA’s CPE courses/sessions will be delivered via Live Webinar.

Please do check the details before confirmation your registration for the course/session.

 

The live webinar session is eligible for SkillsFuture Singapore (SSG) funding.
Please proceed to submit your claim application as per usual as there are no changes to funding application procedures. On SSG portal, please take note to select the correct course title, which includes the term "Synchronous e-learning".

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

Registration is closed

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