Course Detail()

IMPORTANT NOTE: PARTICIPANTS ARE REQUIRED TO BRING ALONG THEIR CALCULATORS FOR THE SEMINAR.

Programme Objective

To teach participants the correct way to prepare cash flow statements to comply with the requirements of FRS 7 – Statement of Cash Flows.

Programme Outline

Benefits of preparing cash flow statements
Revelation of the short-cut techniques to prepare cash flow statements
- Format of cash flow statements using direct and indirect methods
- Cash flows from operating, investing and financing activities
- Meaning of Cash and cash equivalents
- Interest paid
- Accounting for acquisition and disposal of subsidiaries
- Non-cash transactions
- Foreign currency cash flows
- Disclosure requirements
Case Study 1
- Basic cash flow statements preparation
Case Study 2
- Cash flow statements preparation using both direct and indirect method
Case Study 3
- Consolidated cash flow statements including acquisition of subsidiary during the year
Case Study 4
- Accounting for foreign currency translation reserve movements arising from consolidation of foreign subsidiaries and consolidated cash flow statement

Pre-requisites

Please take note of the following admission requirements:

Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
Mandatory for video camera to be turned on throughout the course
Display your official name (as per NRIC) in Zoom, to facilitate attendance taking

Training Methodology

Lecture style with exercises/case studies

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

Accountants, internal and external auditors and individuals who are keen on understanding the techniques of preparing cash flow statements.

Schedule & Fees

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 27 Jun 2023
Course Reference Number: TGS-2020502847

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:

Step 1: You will need to ensure that you have sufficient SkillsFuture Credits in your SkillsFuture Credit account in order to make a successful claim. Please check your SFC account balance here.
Step 2: Register for the course online via ISCA Portal.
Step 3: Upon adding to cart, the system will prompt a question “Do you wish to apply for SkillsFuture Credit?”, click “Yes” and input all required information.
Step 4: At the Cart page, please ensure that SFC funding is applied before clicking “Checkout”.
Step 5:Upon receiving an email that the programme status is confirmed, please proceed to submit SFC claim on SkillsFuture Portal within 60 days before the course start date and obtain the necessary approval. Please submit SFC claim via SFC portal (www.myskillsfuture.gov.sg).

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 $42.80 for any revision of invoice.

Programme Facilitator(s)