Course Detail()

Programme Objective

This programme aims to provide an introduction to the FRS accounting standards applicable for SME. The programme will highlight the benefits of stand-alone standards of FRS and give the participants the possibility to discuss practical application issues concerning presentation, recognition, measurement and disclosures.

Programme Outline

Overview of the SME project of the IASB
- Application in Singapore (local adjustments)

Definition and Characteristics of a SME

Stand-alone Standards for SME
- Financial statement presentation
- Statement of financial position
- Statement of comprehensive income and income statement
- Notes to the financial statements
- Accounting policies, estimates and errors
- Inventories
- Investment property
- Property, plant and equipment
- Government grants
- Borrowing costs
- Events after the end of the reporting period

Executive Summary

Training Methodology
Lecture style, with Exercises / Case Studies

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

Accountants, Auditors and Directors of SMEs, or those who like to gain an understanding of the FRS accounting standards, especially for SMEs.

Schedule & Fees

Testimonial

Funding

1] 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)