SDF Funding, SkillsFuture Credit, UTAP Funding
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 ObjectiveThe seminar provides guidance on the key changes to the framework on preparation of consolidated financial statements that will be effective from year 2014. In essence, these changes affect the consolidation of subsidiaries, the accounting for investment in associates and joint ventures and the disclosure of interests in other entities.
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 ObjectiveThe seminar provides guidance on the key changes to the framework on preparation of consolidated financial statements that will be effective from year 2014. In essence, these changes affect the consolidation of subsidiaries, the accounting for investment in associates and joint ventures and the disclosure of interests in other entities.
The key provisions in the following Financial Reporting Standards (FRS) will be examined:FRS 110 – Consolidated Financial StatementsFRS 111 – Joint arrangementsFRS 112 – Disclosure of interests in other entitiesFRS 113 – Fair value measurementsFRS 27 – Separate Financial StatementsFRS 28 – Investments in associates and joint venturesTraining MethodologyLecture style, with Exercises/Case StudiesClosing Date for Registration1 week before programme or until full enrolment
The key provisions in the following Financial Reporting Standards (FRS) will be examined:
FRS 110 – Consolidated Financial Statements
FRS 111 – Joint arrangements
FRS 112 – Disclosure of interests in other entities
FRS 113 – Fair value measurements
FRS 27 – Separate Financial Statements
FRS 28 – Investments in associates and joint ventures
A Foundation to Intermediate level programme suitable for all Practising and Non-Practising Accounting, Audit and Finance Professionals.
Category 1 = 7.00 Hours
20 Mar 2020 (9:00 AM - 5:00 PM)
Registration is closed
15 Nov 2019 (9:00 AM - 5:00 PM)
23 Aug 2019 (9:00 AM - 5:00 PM)
1] SkillsFuture Credit (SFC)Funding Period: Until 16 Apr 2021Course Reference Number: TGS-2020500877
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 16 Apr 2021Funded Hours: 7 hoursCourse Reference Number: TGS-2020500877
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:
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.
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
Assoc Prof Lee Kin WaiLee Kin Wai is Associate Professor of Accounting at Nanyang Business School in Nanyang Technological University. He holds a First Class Honours Degree (with University Medal) in Accounting, MBA (distinction in finance) and PhD degree. He is a member of Institute of Singapore Chartered Accountants, Australian Society of Certified Practising Accountants and American Accounting Association. Dr. Lee is the Deputy Chairman of the Shell Singapore Employees Union Cooperative Limited and he served as a member of the Corporate Governance Committee of the Institute of Singapore Chartered Accountants.Prior to joining academia, Dr. Lee had extensive experience in accounting and finance and was the Group Accounting Manager in a publicly listed multinational corporation. Dr. Lee specializes in financial statement analysis, capital market research in accounting, corporate governance and valuation. His research on corporate governance and financial accounting standards has been published in international accounting and finance journals such as Journal of Banking and Finance, Journal of Corporate Finance, Review of Quantitative Finance and Accounting, Journal of Accounting Auditing and Finance, Review of Pacific Basin Financial Markets and Policies, International Journal of Business, Journal of Multinational Financial Management, Singapore Accountant and Accounting and Finance Journal and the business press such as Business Times and Straits Times.He conducts courses at the undergraduate and MBA levels, and executive seminars for organizations such as Institute of Singapore Chartered Accountants, Australian Society of Certified Practising Accountants, Shell, Mitsui, Asia-Pacific Breweries, Panasonic Asia Pacific, Tyco, Singapore Technologies Engineering, Association of Chartered Certified Accountants, Singapore National Cooperatives Federation, Capital Market and Financial Institutions Supervisory Agency and Asia-Pacific Bankers Club. In 2007, he received the Teacher of the Year Award for the MBA program. In 2010, he received the Teacher of the Year Award for the Accountancy program in Nanyang Business School. In 2010, he received the Nanyang Award for Teaching Excellence at Nanyang Technological University.
For Members: $ 329.56 For Non-Members: $ 398.04
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