SkillsFuture Credit
This session is delivered via live webinar (zoom platform). Programme ObjectiveThe objective is to equip accountants with the consolidation techniques, from the basic principles to more specific aspects such as changes in shareholding interest. The seminar will be practice-oriented, using case studies to illustrate the consolidation procedures.
This session is delivered via live webinar (zoom platform).
Programme Objective
Consolidation at the date of acquisition Determining cost of acquisitionCombination of accountsFair value adjustmentsGoodwill on consolidationPresentation and measurement of non-controlling interestConsolidation subsequent to the date of acquisitionConsolidated statement of comprehensive incomePre-acquisition and post-acquisition reservesIntragroup account balancesUnrealised intragroup profit and lossesIntragroup sale of non-depreciable assetsIntragroup sale of inventoriesIntragroup sale of depreciable assetsIntragroup chargesIntragroup dividendTax effect on unrealised intragroup profits and losses Changes in shareholding interestStep acquisitionIncrease in shareholding interest in a subsidiaryDecrease in shareholding interest in a subsidiary without loss of controlDecrease in shareholding interest in a subsidiary with loss of control Pre-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 takingTraining MethodologyLecture style, with case studies for discussion, Quiz / Knowledge CheckClosing Date for Registration1 week before programme or until full enrolment
Pre-requisites
Please take note of the following admission requirements:
Training MethodologyLecture style, with case studies for discussion, Quiz / Knowledge CheckClosing Date for Registration1 week before programme or until full enrolment
A Foundation level programme intended for Accountants who need to produce consolidated accounts. Auditors and Finance professionals who wish to understand basic consolidation procedures and journal entries, will also find this programme useful.
Category 1 = 7.00 Hours
12 Sep 2024 (9:00 AM - 5:00 PM)
For Members: $ 318.28 For Non-Members: $ 382.59
11 Dec 2024 (9:00 AM - 5:00 PM)
1] SkillsFuture Credit (SFC)Funding Period: Until 05 Jan 2024Course Reference Number: TGS-2020502462
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.
Chee Hay Kheong, DanielFCA (Singapore)
Daniel is a Fellow Chartered Accountant of Singapore. He holds an Honours degree in Accountancy from the National University of Singapore and was a Certified Information Systems Auditor (CISA). He has more than 13 years of experience in the accounting profession, having worked for one of the Big 4 accounting firms both in Singapore and in the United Kingdom. He has also more than 5 years of senior management experience with multi-national corporations, managing their operations in Singapore and Asia.Daniel has served as an adjunct Associate Professor in the department of accounting at the National University of Singapore (NUS), teaching the Audit and Assurance and Advanced Audit and Assurance modules. After NUS, he served as an Adjunct Professor in the accounting department of the Singapore University of Social Sciences (SUSS), teaching the Audit and Assurance module.Daniel also provided professional training to members of the Institute of Singapore Chartered Accountants (ISCA), the Singapore Institute of Directors (SID), public accounting firms and training providers.Daniel was formerly a committee member of both the IT Committee and the Examination Committee of ISCA, and was also a committee member of the Disciplinary Sub-Committee of Accounting and Corporate Regulatory Authority (ACRA).
Online Classroom in or outside ofSingapore
You are about to leave ISCA eServices Portal and the registration link will be opened in a new tab. Do you wish to continue?
This course has been added successfully
Declaration to be provided by CPE
This Course is Intended for CA Singapore Users..
If you have an account with us, please sign-in first. If you do not have an account with us, create one now for free.
Do you wish to apply for SFC funding? (Singapore Citizenship Only)
19 Apr 2024 - 19 Apr 2024