Course Detail()

3.50 CPE Hours (Category 1, Category 2, Category 3, Category 4Category 5, Others)
Live Webinar

Programme Objective

Ethics x FRSs updates. 

This half-day course provides timely updates on selected Financial Reporting Standards (FRSs) and changes in the Code of Professional Conduct and Ethics (EP 100). At the end of the course, the participants will have an overview of:

  • Recent updates to FRSs and its impact
  • Recent changes in ethical requirements and be aware of the common ethical dilemmas, conflicts and misconduct, and the practical ways to deal with, avoid and prevent them.

Programme Outline

There are two parts to this course, updates on selected FRSs and changes in EP 100.
 
Updates on changes in EP 100 include:

  • Changes to definition of fundamental principles
  • New guidelines on bias and importance of awareness of bias

The FRSs updates to be covered in the course include:

  • FRS 1 and FRS Practice Statement 2 in relation to the disclosure of accounting policies
  • FRS 8 in relation to the definition of accounting estimates
  • FRS 1 – Classification of liabilities as current or non-current
  • FRS 16 – Property, Plant and Equipment— Proceeds before intended use
  • FRS 37 – Onerous Contracts—Cost of fulfilling a contract
Training Methodology

Lecture supported by quizzes and illustration of examples and case studies


Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

This programme offers Ethics and FRSs updates in a session. It is suitable for all Professional Accountants who need to be aware of the recent updates in the Financial Reporting Standards (FRSs), and to get timely update of recent changes in ethical requirements to manage ethical dilemmas which may arise in the course of work.

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)

Programme Objective

Ethics x FRSs updates. 

This half-day course provides timely updates on selected Financial Reporting Standards (FRSs) and changes in the Code of Professional Conduct and Ethics (EP 100). At the end of the course, the participants will have an overview of:

  • Recent updates to FRSs and its impact
  • Recent changes in ethical requirements and be aware of the common ethical dilemmas, conflicts and misconduct, and the practical ways to deal with, avoid and prevent them.

Programme Outline

There are two parts to this course, updates on selected FRSs and changes in EP 100.
 
Updates on changes in EP 100 include:

  • Changes to definition of fundamental principles
  • New guidelines on bias and importance of awareness of bias

The FRSs updates to be covered in the course include:

  • FRS 1 and FRS Practice Statement 2 in relation to the disclosure of accounting policies
  • FRS 8 in relation to the definition of accounting estimates
  • FRS 1 – Classification of liabilities as current or non-current
  • FRS 16 – Property, Plant and Equipment— Proceeds before intended use
  • FRS 37 – Onerous Contracts—Cost of fulfilling a contract
Training Methodology

Lecture supported by quizzes and illustration of examples and case studies


Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

This programme offers Ethics and FRSs updates in a session. It is suitable for all Professional Accountants who need to be aware of the recent updates in the Financial Reporting Standards (FRSs), and to get timely update of recent changes in ethical requirements to manage ethical dilemmas which may arise in the course of work.

Programme Facilitator(s)


No course instances or course instance sessions available.