SkillsFuture Credit, UTAP Funding
This session is delivered via live webinar (zoom platform).A detailed set of instructions on the Live Webinar will be sent to you closer to date.Programme ObjectiveThis programme aims to provide an overview on the key differences between FRS and US GAAP. The programme aims to illustrate the impact of the different accounting rules on the financial statements of the companies. Additionally the programme provides an inside on the current roadmap of IFRS in the US (acceptance by SEC) and will highlight the latest exposure drafts and joint projects of the IASB and FASB.
This session is delivered via live webinar (zoom platform).
A detailed set of instructions on the Live Webinar will be sent to you closer to date.
Programme Objective
This programme aims to provide an overview on the key differences between FRS and US GAAP. The programme aims to illustrate the impact of the different accounting rules on the financial statements of the companies. Additionally the programme provides an inside on the current roadmap of IFRS in the US (acceptance by SEC) and will highlight the latest exposure drafts and joint projects of the IASB and FASB.
Overview of IFRS / US GAAP Differences Conceptual Framework Financial Statements Segment disclosures Interim reporting Discontinued operations Impact of accounting differences in practiseEquity itemsAssets Inventories Property, plant and equipment Borrowing costs Intangible assets Investment property Impairment testing Liabilities Employee benefits, including pensions Provisions and contingencies Leases Deferred taxes Revenue Recognition Impact on Business Combinations, Consolidations & MergersBusiness combinations, including a recap of changes resulting from the new standard Consolidations and accounting for NCICommon control transactionsConvergence Issues Prospects and timetable for IFRS/US GAAP convergence Short term convergence topics IASB and FASB joint projectsPre-requisitesPlease take note of the following admission requirements:Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsoryMandatory for video camera to be turned on throughout the courseDisplay your official name (as per NRIC) in Zoom, to facilitate attendance taking Training MethodologyLecture style, with Exercises / Case StudiesClosing Date for Registration1 week before programme or until full enrolment
Pre-requisites
Please take note of the following admission requirements:
Training MethodologyLecture style, with Exercises / Case StudiesClosing Date for Registration1 week before programme or until full enrolment
An Intermediate Level programme intended for Chief Financial Officers, Financial Controllers, Finance Managers, Auditors, Accountants and those involved in the preparation and interpretation of financial statements and also for those who wants to understand the key differences between FRS and US GAAP. Other users of financial information will also find the programme beneficial.
Category 1 = 7.00 Hours
15 Aug 2024 (9:00 AM - 5:00 PM)
For Members: $ 281.66 For Non-Members: $ 338.34
1] SkillsFuture Credit (SFC)Funding Period: Until 07 Jan 2025Course Reference Number: TGS-2020501922
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
Online Classroom in or outside ofSingapore
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Do you wish to apply for SFC funding? (Singapore Citizenship Only)
19 Apr 2024 - 19 Apr 2024