SkillsFuture Credit, UTAP Funding
This session is delivered via live webinar (zoom platform).Programme ObjectiveACRA has released version 3.4 of the BizFinx Preparation Tool (Preptool) and Multi-Upload Tool (MUT).Companies can prepare, validate and upload their financial statements in XBRL format using the latest versions from 1 October 2022 and must do so from 1 December 2022. Please click here for more information.Please click here to download BizFinx Preparation Tool before the class.
Programme Objective
ACRA has released version 3.4 of the BizFinx Preparation Tool (Preptool) and Multi-Upload Tool (MUT).
Companies can prepare, validate and upload their financial statements in XBRL format using the latest versions from 1 October 2022 and must do so from 1 December 2022. Please click here for more information.
Please click here to download BizFinx Preparation Tool before the class.
Introduction – BizFinx filing system and ACRA Taxonomy How to install preparation tool How to complete the Scoping Questions Understanding of Filing Requirements – what is Minimum Requirement List? How to import Financial Statement Guidance in entry of Financial Statements into Templates via Auto tagging Manual entry How to Validate and Generate XBRL files and Rectify Errors, if any How to Save (in both Word and XBRL format) and Upload Financial Statements on BizFinx Portal The trainer will use a company Financial Statement (case company) to demonstrate the entry in XBRL, from the initial creation to the saving of financial statements.When entering financial statements, two modes of data entering will be covered:Data entryEditing the illustrative sample It excludes the exporting of financial statements from ERP system or accounting software to XBRL.This one-day training comprises theory and practical sessions. Participants will have an opportunity to have hands-on experience in using the XBRL to prepare financial statements. Each participant is required to bring with him/her a set of financial information (softcopy) from a real company (i.e. a company registered with ACRA) for the purpose of hands on practice using XBRL to prepare the financial statements.Each participant will be given access to a laptop/ desktop for accessing the XBRL. They will enter relevant data into the preparation tool, with guidance from the trainer. The data entered will not be uploaded to ACRA.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 taking Closing Date for Registration1 week before programme or until full enrolment
The trainer will use a company Financial Statement (case company) to demonstrate the entry in XBRL, from the initial creation to the saving of financial statements.When entering financial statements, two modes of data entering will be covered:
It excludes the exporting of financial statements from ERP system or accounting software to XBRL.This one-day training comprises theory and practical sessions. Participants will have an opportunity to have hands-on experience in using the XBRL to prepare financial statements.
Pre-requisitesPlease take note of the following admission requirements:
Closing Date for Registration1 week before programme or until full enrolment
All accounting and finance professionals of Singapore incorporated companies.
1] SkillsFuture Credit (SFC)Funding Period: Until 31 Dec 2024Course Reference Number: TGS-2020505519
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 $43.60 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
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)
