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 ObjectiveThe seminar provides guidance on the key changes to the framework on preparation of consolidated financial statements that will be effective from year 2014. In essence, these changes affect the consolidation of subsidiaries, the accounting for investment in associates and joint ventures and the disclosure of interests in other entities.
A detailed set of instructions on the Live Webinar will be sent to you closer to date.
Programme ObjectiveThe seminar provides guidance on the key changes to the framework on preparation of consolidated financial statements that will be effective from year 2014. In essence, these changes affect the consolidation of subsidiaries, the accounting for investment in associates and joint ventures and the disclosure of interests in other entities.
The key provisions in the following Financial Reporting Standards (FRS) will be examined:FRS 110 – Consolidated Financial StatementsFRS 111 – Joint arrangementsFRS 112 – Disclosure of interests in other entitiesFRS 113 – Fair value measurementsFRS 27 – Separate Financial StatementsFRS 28 – Investments in associates and joint venturesPre-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
The key provisions in the following Financial Reporting Standards (FRS) will be examined:
FRS 110 – Consolidated Financial Statements
FRS 111 – Joint arrangements
FRS 112 – Disclosure of interests in other entities
FRS 113 – Fair value measurements
FRS 27 – Separate Financial Statements
FRS 28 – Investments in associates and joint ventures
Please take note of the following admission requirements:
A Foundation to Intermediate level programme suitable for all Practising and Non-Practising Accounting, Audit and Finance Professionals.
1] SkillsFuture Credit (SFC)Funding Period: Until 31 Dec 2024Course Reference Number: TGS-2020500877
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.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
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This Course is Intended for CA Singapore Users..
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