Course Detail(A074v : Charities Accounting Standard (CAS): Accounting for Charities (Synchronous e-learning))
Not Available

UTAP Funding, CCF Funding

A074v : Charities Accounting Standard (CAS): Accounting for Charities (Synchronous e-learning)

7.00 CPE Hours (Category 1)
Live Webinar

This course is pre-approved for Charities Capability Fund (CCF) funding. Please refer to the Funding tab for more details on Eligibility Criteria and Application Procedures.
 

This session is delivered via live webinar (zoom platform).

A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Programme Objective

To provide accounting professionals with guidance on the accounting for charities under the new Charities Accounting Standard (CAS) which was issued by the Singapore Accounting Standards Council (ASC), applicable for Charities when they prepare their financial statements for financial periods beginning on or after 1 July 2011.

The Charities Accounting Standard is essentially a simplified version of the Financial Reporting Standards containing accounting standards relevant to the charity sector. It aims to better meet the needs of charity sector and its stakeholders. This latest initiative is also part of a larger effort by the Office of the Commissioner of Charities to improve governance and enhance public confidence in the charity sector.

Programme Outline

  • General Overview of the Simplified charities accounting standard
  • Statement of Financial Activities
  • Balance Sheet items
  • Statement of Cash Flows
  • Special Section – Depreciation for Charities' Fixed Assets
  • Date from which Effective and Transitional Arrangements


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

An Intermediate level programme intended for Practicing Accountants as well as Audit and Accounting professionals who are keen to learn about the simplified new Charities Accounting Standard (CAS).

Competency Mapping

Category 1 = 7.00 Hours

Schedule & Fees
Date & Time

02 Jul 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 309.56
For Non-Members: $ 371.69

Programme Facilitator(s)

Suhaimi Bin Salleh

Venue

Online Classroom in or outside of
Singapore
Date & Time

07 Nov 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 309.56
For Non-Members: $ 371.69

Programme Facilitator(s)

Suhaimi Bin Salleh

Venue

Online Classroom in or outside of
Singapore

Testimonial

Funding

1] CCF Training Grant

Charities Capability Fund (CCF) Training Grant provides co-funding for local training courses to help charities comply with regulatory requirements and build good governance standards.

Period of CCF pre-approval: 03 July 2023  to 02 July 2024


Eligibility Criteria

CCF funding is for eligible charities' staff (who have served in the Charities for at least 6 months with an official designation).

CCF Grants Coverage & Quantum

 

Funding Quantum

Nett Course Fees Payable (incl. GST)

Singaporeans/ PRs

 

Member: $223.26

Non-Member: $268.18

(80% of course fee)

Member: $55.81

Non-Member: $67.05

Employment Pass/ Work Permit Holders / S Pass Holders

Member: $167.44

Non-Member: $201.14

(60% of course fee)

Member: $111.63

Non-Member: $134.09

For Pre-approved Courses: Participants will pay the training provider the net course fees (after CCF funding). The training provider will claim the CCF approved funding directly from the CCF Secretariat.

Note:

  • CCF applications are subject to NCSS approval and only Board members/ staff in key governance and management areas with approved CCF applications are eligible for CCF funding.
  • The Applicant with approved CCF application (or “CCF-eligible participant”) pays the amount of course fees less CCF funding to ISCA. Payment can be made by corporate/individual means.
  • The Applicant has to create an ISCA Corporate Account here if they do not have an existing corporate account.

During the Course:

  • CCF-eligible participant to achieve minimum 75% attendance, and pass all assessments, if any.
  • All CCF-eligible participants are to complete a CCF Training Evaluation Form at the end of the course.
  • For course conducted online, CCF-eligible participants are to switch on their video function and display their full name.

 

 

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

 

Programme Facilitator(s)


Suhaimi Bin Salleh
FCPA Singapore, FCMC, PMC, AFP

Suhaimi has more than 30 years of post-graduate experience in audit, accounting, management consultancy and corporate training.

He is currently the Senior Partner of his own public accounting firm, and CEO of his own Consulting Group, a group of professional services companies providing management consulting, training, accounting, auditing and governance review services to non-profit, corporate as well as individual clients.

He also has wide experience conducting in-company training and consulting assignments for major private and public sector organisations, and industry associations both locally and overseas. He has been a regular trainer at Social Service Training Institute (SSTI) and has trained more than 300 accounting professionals in RAP6 - Accounting and Reporting for Charities, since it was first introduced in 2006.
 
In 2001, he was awarded the SME Partner Award by the then Singapore Productivity Standards Board for his outstanding contributions in the development of the small and medium enterprises in Singapore. He was one of three recipients for the award.

He is also currently serving and has served in many public and civic institutions in various capacities, including:
  • Singapore Charity Council
  • Institute of Management Consultants
  • Ngee Ann Polytechnic Council
  • Yayasan Mendaki (an IPC)
  • PMBM Scholarship Fund Board (an IPC)
 

This course is pre-approved for Charities Capability Fund (CCF) funding. Please refer to the Funding tab for more details on Eligibility Criteria and Application Procedures.
 

This session is delivered via live webinar (zoom platform).

A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Programme Objective

To provide accounting professionals with guidance on the accounting for charities under the new Charities Accounting Standard (CAS) which was issued by the Singapore Accounting Standards Council (ASC), applicable for Charities when they prepare their financial statements for financial periods beginning on or after 1 July 2011.

The Charities Accounting Standard is essentially a simplified version of the Financial Reporting Standards containing accounting standards relevant to the charity sector. It aims to better meet the needs of charity sector and its stakeholders. This latest initiative is also part of a larger effort by the Office of the Commissioner of Charities to improve governance and enhance public confidence in the charity sector.

Programme Outline

  • General Overview of the Simplified charities accounting standard
  • Statement of Financial Activities
  • Balance Sheet items
  • Statement of Cash Flows
  • Special Section – Depreciation for Charities' Fixed Assets
  • Date from which Effective and Transitional Arrangements


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

An Intermediate level programme intended for Practicing Accountants as well as Audit and Accounting professionals who are keen to learn about the simplified new Charities Accounting Standard (CAS).

Competency Mapping

Category 1 = 7.00 Hours

Programme Facilitator(s)

Suhaimi Bin Salleh
FCPA Singapore, FCMC, PMC, AFP

Suhaimi has more than 30 years of post-graduate experience in audit, accounting, management consultancy and corporate training.

He is currently the Senior Partner of his own public accounting firm, and CEO of his own Consulting Group, a group of professional services companies providing management consulting, training, accounting, auditing and governance review services to non-profit, corporate as well as individual clients.

He also has wide experience conducting in-company training and consulting assignments for major private and public sector organisations, and industry associations both locally and overseas. He has been a regular trainer at Social Service Training Institute (SSTI) and has trained more than 300 accounting professionals in RAP6 - Accounting and Reporting for Charities, since it was first introduced in 2006.
 
In 2001, he was awarded the SME Partner Award by the then Singapore Productivity Standards Board for his outstanding contributions in the development of the small and medium enterprises in Singapore. He was one of three recipients for the award.

He is also currently serving and has served in many public and civic institutions in various capacities, including:
  • Singapore Charity Council
  • Institute of Management Consultants
  • Ngee Ann Polytechnic Council
  • Yayasan Mendaki (an IPC)
  • PMBM Scholarship Fund Board (an IPC)
 

Upcoming Schedule

Date & Time

02 Jul 2024 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)

For Members: $ 309.56
For Non-Members: $ 371.69

Programme Facilitator(s)

Suhaimi Bin Salleh

Venue

Online Classroom in or outside of
Singapore


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