Course Detail(A110 : FRS 10: Events after the Balance Sheet Date)

A110 : FRS 10: Events after the Balance Sheet Date

3.50 CPE Hours (Category 1)
Classroom

Programme Objective

  1. To facilitate a clear understanding of the differences between adjusting and non-adjusting events; and
  2. To enable participants to apply FRS 10 appropriately for events arising after the balance sheet date.
 
To ensure that participants are able to:
  • Understand the definition of terms under FRS 10
  • Differentiate between adjusting and non-adjusting events
  • Analyze after balance sheet date events to determine if they require accounting adjustments or disclosures
  • Understand the concepts that underlie the requirements of FRS 10
  • Know the requirements relating to dividend declaration after balance sheet date
  • Determine possible indicators that threaten the going concern of the company and evaluate whether there is a need to prepare financial statements as a going concern
  • Apply the requirements for disclosure in accordance to FRS 10 on non-adjusting events after the balance sheet date
  • Know the significance of the date of authorization for issue 

Programme Outline

  • Scope and objective of FRS 10
  • Definitions
  • Recognition and disclosures
    • Identifying “adjusting” and “non-adjusting” events
    • Identifying date of authorization for issue
    • Recognition and disclosure requirements
    • Underlying principles and rationale
    • Dividends
    • Updating disclosures
  • Special issues relating to going concern
Training Methodology
Lecture style, with Exercises/Case Studies

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

A Foundation to Intermediate level programme intended for both Practising and Non-Practising Accountants.

Competency Mapping

Category 1 = 3.50 Hours

Schedule & Fees

Date & Time

06 Dec 2018 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Jessica Hong

Date & Time

09 Nov 2017 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Jessica Hong

Date & Time

23 Nov 2016 (2:00 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

Jessica Hong

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Jessica Hong

CA(M)  CPA

 

Jessica’s career with PricewaterhouseCoopers had given her invaluable experience in system assurance, management assurance, audit, fraud investigations, system implementations, due diligence and many other challenging assignments. All these provided her with deep insights of financial management practices and their impact on corporate performance. Her financial skills training local and international experiences made her an invaluable resource to participants in her financial skills programmes.

 

Jessica always delivers her financial skills programmes in a refreshing way, and helps accelerate the learning curves of the non-finance professionals. Financial courses need not be dull and boring; they can be fun, stimulating and personally motivating. Jessica has varied and vast commercial experience in developing and implementing credit control policies, project management, debt recovery training, system integration and many other management effectiveness & efficiency assignments.

 

Jessica is a Malaysian Chartered Accountant and holds a Bachelor of Accountancy from University of Malaya and she completed her post-graduate studies in Management Development Programme at INSEAD, Singapore.

 

She was trained by Michael Wells, Director, IFRS Education Initiative, IFRS Foundation and Paul Pacter, IASB Member & Chairman of the SME Implementation Group in Singapore recently, to be an IFRS Trainer (IFRS is International Financial Reporting Standard). Some of her major clients she worked with during her career include Malvern International, ACCA, CTBC Bank, MSIG, OCBC Bank and Central Bank of Malaysia.

Programme Objective

  1. To facilitate a clear understanding of the differences between adjusting and non-adjusting events; and
  2. To enable participants to apply FRS 10 appropriately for events arising after the balance sheet date.
 
To ensure that participants are able to:
  • Understand the definition of terms under FRS 10
  • Differentiate between adjusting and non-adjusting events
  • Analyze after balance sheet date events to determine if they require accounting adjustments or disclosures
  • Understand the concepts that underlie the requirements of FRS 10
  • Know the requirements relating to dividend declaration after balance sheet date
  • Determine possible indicators that threaten the going concern of the company and evaluate whether there is a need to prepare financial statements as a going concern
  • Apply the requirements for disclosure in accordance to FRS 10 on non-adjusting events after the balance sheet date
  • Know the significance of the date of authorization for issue 

Programme Outline

  • Scope and objective of FRS 10
  • Definitions
  • Recognition and disclosures
    • Identifying “adjusting” and “non-adjusting” events
    • Identifying date of authorization for issue
    • Recognition and disclosure requirements
    • Underlying principles and rationale
    • Dividends
    • Updating disclosures
  • Special issues relating to going concern
Training Methodology
Lecture style, with Exercises/Case Studies

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

A Foundation to Intermediate level programme intended for both Practising and Non-Practising Accountants.

Competency Mapping

Category 1 = 3.50 Hours

Programme Facilitator(s)

Jessica Hong

CA(M)  CPA

 

Jessica’s career with PricewaterhouseCoopers had given her invaluable experience in system assurance, management assurance, audit, fraud investigations, system implementations, due diligence and many other challenging assignments. All these provided her with deep insights of financial management practices and their impact on corporate performance. Her financial skills training local and international experiences made her an invaluable resource to participants in her financial skills programmes.

 

Jessica always delivers her financial skills programmes in a refreshing way, and helps accelerate the learning curves of the non-finance professionals. Financial courses need not be dull and boring; they can be fun, stimulating and personally motivating. Jessica has varied and vast commercial experience in developing and implementing credit control policies, project management, debt recovery training, system integration and many other management effectiveness & efficiency assignments.

 

Jessica is a Malaysian Chartered Accountant and holds a Bachelor of Accountancy from University of Malaya and she completed her post-graduate studies in Management Development Programme at INSEAD, Singapore.

 

She was trained by Michael Wells, Director, IFRS Education Initiative, IFRS Foundation and Paul Pacter, IASB Member & Chairman of the SME Implementation Group in Singapore recently, to be an IFRS Trainer (IFRS is International Financial Reporting Standard). Some of her major clients she worked with during her career include Malvern International, ACCA, CTBC Bank, MSIG, OCBC Bank and Central Bank of Malaysia.


Upcoming Schedule

Registration is closed

Date & Time

06 Dec 2018 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

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

Programme Facilitator(s)

Jessica Hong

Venue

60 Cecil Street
ISCA House
Singapore 049709