Course Detail(A128 : Accounting for Restructuring and Discontinued Operations under FRS 37 and FRS 105)

A128 : Accounting for Restructuring and Discontinued Operations under FRS 37 and FRS 105

7.00 CPE Hours (Category 1)
Classroom

Programme Objective

Understand the definition of provision under FRS 37

  • Events or transactions that create constructive obligation that result in a provision
  • Events or transactions during restructuring that require a provision under FRS 37
  • Accounting implications when non-current assets are held for sale
  • Accounting implications when non-current assets are abandon
  • Qualifying criteria of a discontinued operations under FRS 105
  • Accounting implications when a restructuring is a discontinued operations
  • Determine events that require the capitalization, suspension of capitalization and cessation of capitalization of borrowing costs
  • Understand the significance of disclosure requirements in FRS 23 

Programme Outline


To enable participants to understand the core principle of FRS 37 and FRS 105 and apply the requirements relating to the accounting and reporting of restructuring and discontinued operations.
 

  • Understand the definition of provision under FRS 37
  • Events or transactions that create constructive obligation that result in a provision
  • Events or transactions during restructuring that require a provision under FRS 37
  • Accounting implications when non-current assets are held for sale
  • Accounting implications when non-current assets are abandon
  • Qualifying criteria of a discontinued operations under FRS 105
  • Accounting implications when a restructuring is a discontinued operations
  • Determine events that require the capitalization, suspension of capitalization and cessation of capitalization of borrowing costs
  • Understand the significance of disclosure requirements in FRS 23 

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, as well as Professionals who are involved in Restructuring.

Competency Mapping

Category 1 = 7.00 Hours

Schedule & Fees

Date & Time

22 Nov 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Daniel Chee

Date & Time

06 Dec 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Daniel Chee

Date & Time

28 Jun 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Daniel Chee

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Daniel Chee
FCPA Singapore

 
Daniel holds an Honours degree in Accountancy from the National University of Singapore and is a Certified Information Systems Auditor (CISA). He has more than 13 years of experience in the accounting profession, having worked for one of the Big 4 accounting firms both in Singapore and in the United Kingdom. He has also more than 5 years of senior management experience with multi-national corporations, managing their operations in Singapore and Asia.
 
Daniel has served as an adjunct Associate Professor in the department of accounting at the National University of Singapore (NUS).
 
Mr Chee was formerly a committee member of both the IT Committee and the Examination Committee of ISCA, and was also a committee member of the Disciplinary Sub-Committee of Accounting and Corporate Regulatory Authority (ACRA).

Programme Objective

Understand the definition of provision under FRS 37

  • Events or transactions that create constructive obligation that result in a provision
  • Events or transactions during restructuring that require a provision under FRS 37
  • Accounting implications when non-current assets are held for sale
  • Accounting implications when non-current assets are abandon
  • Qualifying criteria of a discontinued operations under FRS 105
  • Accounting implications when a restructuring is a discontinued operations
  • Determine events that require the capitalization, suspension of capitalization and cessation of capitalization of borrowing costs
  • Understand the significance of disclosure requirements in FRS 23 

Programme Outline


To enable participants to understand the core principle of FRS 37 and FRS 105 and apply the requirements relating to the accounting and reporting of restructuring and discontinued operations.
 

  • Understand the definition of provision under FRS 37
  • Events or transactions that create constructive obligation that result in a provision
  • Events or transactions during restructuring that require a provision under FRS 37
  • Accounting implications when non-current assets are held for sale
  • Accounting implications when non-current assets are abandon
  • Qualifying criteria of a discontinued operations under FRS 105
  • Accounting implications when a restructuring is a discontinued operations
  • Determine events that require the capitalization, suspension of capitalization and cessation of capitalization of borrowing costs
  • Understand the significance of disclosure requirements in FRS 23 

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, as well as Professionals who are involved in Restructuring.

Competency Mapping

Category 1 = 7.00 Hours

Programme Facilitator(s)

Daniel Chee
FCPA Singapore

 
Daniel holds an Honours degree in Accountancy from the National University of Singapore and is a Certified Information Systems Auditor (CISA). He has more than 13 years of experience in the accounting profession, having worked for one of the Big 4 accounting firms both in Singapore and in the United Kingdom. He has also more than 5 years of senior management experience with multi-national corporations, managing their operations in Singapore and Asia.
 
Daniel has served as an adjunct Associate Professor in the department of accounting at the National University of Singapore (NUS).
 
Mr Chee was formerly a committee member of both the IT Committee and the Examination Committee of ISCA, and was also a committee member of the Disciplinary Sub-Committee of Accounting and Corporate Regulatory Authority (ACRA).

Upcoming Schedule

Registration is closed

Date & Time

22 Nov 2019 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

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

Programme Facilitator(s)

Daniel Chee

Venue

60 Cecil Street
ISCA House
Singapore 049709