Course Detail(A134 : A Fundamental and Practical Approach to Selected FRSs)

SDF Funding, SkillsFuture Credit, UTAP Funding

A134 : A Fundamental and Practical Approach to Selected FRSs

14.00 CPE Hours (Category 1)
Classroom


Programme Objective

This course provides an overview of selected financial reporting standards to facilitate easy understanding of the key provisions and application of these standards.

Programme Outline

PRESENTATION AND DISCLOSURES OF FINANCIAL STATEMENTS
FRS 1Presentation of Financial Statements
FRS 8Accounting Policies, Changes in Accounting Estimates and Errors
FRS 24Related Party Disclosures
FRS 108Operating Segments
  
ACCOUNTING FOR ASSETS
FRS 2Inventories
FRS 16Property, Plant and Equipment
FRS 36Impairment of Assets
FRS 38Intangible Assets
FRS 40Investment Property
FRS 105Non-current Assets Held for Sale and Discontinued Operations
FRS 116Leases
ACCOUNTING FOR FINANCIAL INSTRUMENTS
FRS 32Financial Instruments: Presentation
FRS 107Financial Instruments: Disclosure
FRS 109Financial Instruments: Recognition and Measurement
  
GROUP ACCOUNTING
FRS 27Separate Financial Statements
FRS 28Investments in Associates and Joint Ventures
FRS 103Business Combinations
FRS 110Consolidated Financial Statements
FRS 111Joint arrangements
FRS 112Disclosure of Interests in Other Entities
OTHER FRSs
FRS 21The Effects of Changes in Foreign Exchange Rates
FRS 113Fair Value Measurement
FRS 115Revenue from Contracts with Customers

Training Methodology

Lecture style, with references to ISCA Illustrative Financial Statements 2017 and supplemented with practical examples of the application of the FRSs through the use of publicly available financial statements.


Closing Date for Registration

1 week before programme or until full enrolment

Intended For

A Foundation level programme intended for all entry-level Accounting and Auditing Professionals.

Competency Mapping

Category 1 = 14.00 Hours

Schedule & Fees

Date & Time

30 Mar 2021 (9:00 AM - 5:00 PM)
31 Mar 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 652.70
For Non-Members: $ 783.24

Programme Facilitator(s)

Kee Sok Hwee Matilda

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

14 Dec 2021 (9:00 AM - 5:00 PM)
15 Dec 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 652.70
For Non-Members: $ 783.24

Programme Facilitator(s)

Kee Sok Hwee Matilda

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

15 Dec 2020 (9:00 AM - 5:00 PM)
16 Dec 2020 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kee Sok Hwee Matilda

Date & Time

13 Nov 2019 (9:00 AM - 5:00 PM)
14 Nov 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kee Sok Hwee Matilda

Date & Time

23 May 2019 (9:00 AM - 5:00 PM)
24 May 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kee Sok Hwee Matilda

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 04 Apr 2021
Course Reference Number: TGS-2020501917

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 04 Apr 2021
Funded Hours: 14 hours
Course Reference Number: TGS-2020501917

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)


Kee Sok Hwee Matilda
Fellow Chartered Accountant of Singapore
 
Ms Kee Sok Hwee Matilda is a Fellow Chartered Accountant (FCA) of the Institute of Singapore Chartered Accountants (ISCA).
 
She has 30 years of professional practice experience in auditing and financial accounting.  She has held appointments of Audit Senior Manager and Associate Director for Learning and Development at KPMG. As an Associate Director, she developed and conducted training on audit methodologies, FRSs and banking laws and regulations for 7 years.  She also held the position of Deputy Director at the Monetary Authority of Singapore with responsibilities for financial supervision of banks. Over the years, she has accumulated overseas working experience through international audit secondment and representation at international central bank supervisors meetings.

 
She is an Associate Lecturer and teaches courses in financial and management accounting and business statistics.  She is also an independent technical and training consultant and a facilitator for the Singapore Qualification Programme (QP) Professional Development workshops.


Programme Objective

This course provides an overview of selected financial reporting standards to facilitate easy understanding of the key provisions and application of these standards.

Programme Outline

PRESENTATION AND DISCLOSURES OF FINANCIAL STATEMENTS
FRS 1Presentation of Financial Statements
FRS 8Accounting Policies, Changes in Accounting Estimates and Errors
FRS 24Related Party Disclosures
FRS 108Operating Segments
  
ACCOUNTING FOR ASSETS
FRS 2Inventories
FRS 16Property, Plant and Equipment
FRS 36Impairment of Assets
FRS 38Intangible Assets
FRS 40Investment Property
FRS 105Non-current Assets Held for Sale and Discontinued Operations
FRS 116Leases
ACCOUNTING FOR FINANCIAL INSTRUMENTS
FRS 32Financial Instruments: Presentation
FRS 107Financial Instruments: Disclosure
FRS 109Financial Instruments: Recognition and Measurement
  
GROUP ACCOUNTING
FRS 27Separate Financial Statements
FRS 28Investments in Associates and Joint Ventures
FRS 103Business Combinations
FRS 110Consolidated Financial Statements
FRS 111Joint arrangements
FRS 112Disclosure of Interests in Other Entities
OTHER FRSs
FRS 21The Effects of Changes in Foreign Exchange Rates
FRS 113Fair Value Measurement
FRS 115Revenue from Contracts with Customers

Training Methodology

Lecture style, with references to ISCA Illustrative Financial Statements 2017 and supplemented with practical examples of the application of the FRSs through the use of publicly available financial statements.


Closing Date for Registration

1 week before programme or until full enrolment

Intended For

A Foundation level programme intended for all entry-level Accounting and Auditing Professionals.

Competency Mapping

Category 1 = 14.00 Hours

Programme Facilitator(s)

Kee Sok Hwee Matilda
Fellow Chartered Accountant of Singapore
 
Ms Kee Sok Hwee Matilda is a Fellow Chartered Accountant (FCA) of the Institute of Singapore Chartered Accountants (ISCA).
 
She has 30 years of professional practice experience in auditing and financial accounting.  She has held appointments of Audit Senior Manager and Associate Director for Learning and Development at KPMG. As an Associate Director, she developed and conducted training on audit methodologies, FRSs and banking laws and regulations for 7 years.  She also held the position of Deputy Director at the Monetary Authority of Singapore with responsibilities for financial supervision of banks. Over the years, she has accumulated overseas working experience through international audit secondment and representation at international central bank supervisors meetings.

 
She is an Associate Lecturer and teaches courses in financial and management accounting and business statistics.  She is also an independent technical and training consultant and a facilitator for the Singapore Qualification Programme (QP) Professional Development workshops.

Upcoming Schedule

Date & Time

30 Mar 2021 (9:00 AM - 5:00 PM)
31 Mar 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 652.70
For Non-Members: $ 783.24

Programme Facilitator(s)

Kee Sok Hwee Matilda

Venue

60 Cecil Street
ISCA House
Singapore 049709