Course Detail()

SkillsFuture Credit

7.00 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Live Webinar

Programme Objective

This highly interactive and comprehensive course will provide you a practical overview of the essential FRSs that each and every accountant should be aware of.

Participants will receive plenty of short case examples, fun facts and real-life illustrations using several renowned and reputable Singapore listed companies to help reinforce the learning concepts and outcomes.

Participants will be provided a useful package of one-pager visual guides that are specially curated by the trainer for all participants on this course. Participants can use and apply these visual guides at their workplaces. The trainer believes in helping participants to reinforce the learning experiences as part of their post course development journey.

As a bonus, participants will also learn the top 10 elements to look out for when analysing and interpreting today’s financial statements.

As a bonus, participants will also learn the top 10 elements to look out for when analysing and interpreting today’s financial statements.

Programme Outline

  • Key FRS Developments and the Timelines to Consider
  • FRS 115  Revenue from Contracts with Customers + Impact Analysis on Various Industries
  • FRS116  Leases + A Practical Approach to Leases + Top Issues and Challenges
  • FRS 1  Presentation of Financial Statements
  • FRS 2  Inventories
  • FRS 8  Accounting Policies, Changes in Accounting Estimates and Errors
  • FRS 10  Events After the Reporting Period
  • FRS 12  Income Taxes
  • FRS 16  Property, Plant and Equipment
  • FRS 23  Borrowing Costs
  • FRS 24  Related Party Disclosures
  • FRS 32  Financial Instruments: Presentation
  • FRS 36  Impairment of Assets
  • FRS 37  Provisions, Contingent Liabilities and Contingent Assets
  • FRS 38  Intangible Assets
  • FRS 40  Investment Property
  • FRS 105  Non-Current Assets Held for Sale and Discontinuing Operations
  • FRS 108 Operating Segments
  • FRS 109 Financial Instruments: Recognition and Measurement
  • FRS 113  Fair Value Measurements
  • End-of-Session Finale – “Who Wants to be a FRS Genius”
     

Why Attend this Course? Why this One?

The answer is communication. This course will help you better understand the language of finance.

The Trainer is a highly experienced practitioner and instructor and is well-regarded for his ability to translate complex financial concepts into plain language, and the use of illustrations, examples and real-life experiences to help develop/enhance your understanding of finance and accounting.

The Trainer is able to draw on his full depth of knowledge about accounting, creativity and experience to develop compelling and enjoyable programs.

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

Seminar style - Story-telling, Fun Facts, Short Case Examples, Real Life Illustrations, and plenty of team activities such as the Trainer’s “trademark” end-of-day fun and exciting quiz round (Who Wants to be a FRS Genius) which will help reinforce the learning concepts and outcomes.

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

Intended For

A Foundation level programme intended for professionals who wish to develop a good understanding of the current accounting standards in Singapore.

Schedule & Fees

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 14 Oct 2023
Course Reference Number: TGS-2020501908

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.skillsfuture.sg/credit)

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 $42.80 for any revision of invoice.

Programme Facilitator(s)

Programme Objective

This highly interactive and comprehensive course will provide you a practical overview of the essential FRSs that each and every accountant should be aware of.

Participants will receive plenty of short case examples, fun facts and real-life illustrations using several renowned and reputable Singapore listed companies to help reinforce the learning concepts and outcomes.

Participants will be provided a useful package of one-pager visual guides that are specially curated by the trainer for all participants on this course. Participants can use and apply these visual guides at their workplaces. The trainer believes in helping participants to reinforce the learning experiences as part of their post course development journey.

As a bonus, participants will also learn the top 10 elements to look out for when analysing and interpreting today’s financial statements.

As a bonus, participants will also learn the top 10 elements to look out for when analysing and interpreting today’s financial statements.

Programme Outline

  • Key FRS Developments and the Timelines to Consider
  • FRS 115  Revenue from Contracts with Customers + Impact Analysis on Various Industries
  • FRS116  Leases + A Practical Approach to Leases + Top Issues and Challenges
  • FRS 1  Presentation of Financial Statements
  • FRS 2  Inventories
  • FRS 8  Accounting Policies, Changes in Accounting Estimates and Errors
  • FRS 10  Events After the Reporting Period
  • FRS 12  Income Taxes
  • FRS 16  Property, Plant and Equipment
  • FRS 23  Borrowing Costs
  • FRS 24  Related Party Disclosures
  • FRS 32  Financial Instruments: Presentation
  • FRS 36  Impairment of Assets
  • FRS 37  Provisions, Contingent Liabilities and Contingent Assets
  • FRS 38  Intangible Assets
  • FRS 40  Investment Property
  • FRS 105  Non-Current Assets Held for Sale and Discontinuing Operations
  • FRS 108 Operating Segments
  • FRS 109 Financial Instruments: Recognition and Measurement
  • FRS 113  Fair Value Measurements
  • End-of-Session Finale – “Who Wants to be a FRS Genius”
     

Why Attend this Course? Why this One?

The answer is communication. This course will help you better understand the language of finance.

The Trainer is a highly experienced practitioner and instructor and is well-regarded for his ability to translate complex financial concepts into plain language, and the use of illustrations, examples and real-life experiences to help develop/enhance your understanding of finance and accounting.

The Trainer is able to draw on his full depth of knowledge about accounting, creativity and experience to develop compelling and enjoyable programs.

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

Seminar style - Story-telling, Fun Facts, Short Case Examples, Real Life Illustrations, and plenty of team activities such as the Trainer’s “trademark” end-of-day fun and exciting quiz round (Who Wants to be a FRS Genius) which will help reinforce the learning concepts and outcomes.

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

Intended For

A Foundation level programme intended for professionals who wish to develop a good understanding of the current accounting standards in Singapore.

Programme Facilitator(s)


No course instances or course instance sessions available.