Course Detail()
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SkillsFuture Credit, UTAP Funding

7.00 CPE Hours (Category 1)
Classroom

To reduce the environmental impact and contribute to sustainability efforts, ISCA will contribute our part by eliminating the printing of course materials for selected courses with effect from 2023.

Tips: To make your paperless learning experience more enjoyable, you may bring along a digital device such as a Windows based laptops or tablets to read your online materials during the class. QR code will be provided in the class for you to download the materials in PDF.

Join us and be a Difference Maker!

 


 

Programme Objective
 
A practical hands-on seminar intended to allow participants to perform hedges on commonly used financial instruments under IFRS 9. The seminar will also focus on the actual preparation and testing aspect of hedge accounting.

Programme Outline

  • Basic concept of hedge accounting under IFRS 9
  • Rules and guidelines of hedge accounting under IFRS 9 requirements
  • Practical preparation of the hedge documentation
  • Different effectiveness testing methods used for the prospective testing (Sample documentation template will be provided for participants to practise on performing the testing)
  • Practical Challenges faced by corporate who adopted hedge accounting and suggested ways to overcome it
  • Case Study on companies who adopted hedge accounting

Participants are highly encouraged to bring along their laptop for hands-on exercises.

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 seminar intended for Accounting, Audit and Finance Professionals who are interested to apply their knowledge of Hedge Accounting to perform hedges on commonly used financial instruments.

Schedule & Fees

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 31 Dec 2024
Course Reference Number: TGS-2020500879

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 www.myskillsfuture.gov.sg)

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 $43.20 for any revision of invoice.

2] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.
 
To find out more on the UTAP funding and support validity period, please click here.
 
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)

To reduce the environmental impact and contribute to sustainability efforts, ISCA will contribute our part by eliminating the printing of course materials for selected courses with effect from 2023.

Tips: To make your paperless learning experience more enjoyable, you may bring along a digital device such as a Windows based laptops or tablets to read your online materials during the class. QR code will be provided in the class for you to download the materials in PDF.

Join us and be a Difference Maker!

 


 

Programme Objective
 
A practical hands-on seminar intended to allow participants to perform hedges on commonly used financial instruments under IFRS 9. The seminar will also focus on the actual preparation and testing aspect of hedge accounting.

Programme Outline

  • Basic concept of hedge accounting under IFRS 9
  • Rules and guidelines of hedge accounting under IFRS 9 requirements
  • Practical preparation of the hedge documentation
  • Different effectiveness testing methods used for the prospective testing (Sample documentation template will be provided for participants to practise on performing the testing)
  • Practical Challenges faced by corporate who adopted hedge accounting and suggested ways to overcome it
  • Case Study on companies who adopted hedge accounting

Participants are highly encouraged to bring along their laptop for hands-on exercises.

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 seminar intended for Accounting, Audit and Finance Professionals who are interested to apply their knowledge of Hedge Accounting to perform hedges on commonly used financial instruments.

Programme Facilitator(s)


No course instances or course instance sessions available.