UTAP Funding
The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.Programme Objective The release of FRS 116 (IFRS 16) Leases dramatically changes how lessees account for leases. For lessees, there no longer are operating leases and all leases come on a balance sheet in the form of a right of use asset and a financial liability. Accountants have faced a number of challenges regarding the recognition, measurement, presentation and disclosure requirements. FRS 116 (IFRS 16) Leases has recently been amended to provide practical relief for rent concessions resulting from COVID-19.
Overview of the New Standard
Case Study: Applying the new standard to a property lease Using the lease of a property, we will examine issues to include:
Implementation Challenges
Pre-requisites
Please take note of the following admission requirements:
Closing Date for Registration 1 week before programme or until full enrolment
An Intermediate level programme intended for both Practising and Non-Practising Accountants and Auditors.
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
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