Course Detail(A912v : Financial Reporting Standards: 2021 Annual Update (Live Webinar))

UTAP Funding

A912v : Financial Reporting Standards: 2021 Annual Update (Live Webinar) NEW

7.00 CPE Hours (Category 1)
Live Webinar

This course is available in both Live Webinar (virtual) and Classroom (physical).

For this session, it will be delivered as LIVE WEBINAR. If you prefer to join the Classroom session, please register here.

Programme Objective

To discuss the provisions of the new/revised Financial Reporting Standards issued by the Accounting Standards Council and effective for the years 2018, 2019 and 2020. 

Programme Outline

 

  • Major new/revised standards effective in 2018
    • INT FRS 122
    • FRS 109 Financial instruments
    • FRS 115 Revenue from contracts with customers

 

  • New/Revised standards effective in 2019
    • Improvement to FRS
    • Amendments to FRS 109
    • Amendments to FRS 28
    • INT FRS 123
    • FRS 116 Leases

 

  • New/Revised standards effective in 2020
    • Amendments to FRS 1 and 8
    • Amendments to FRS 103
    • Conceptual Framework for Financial Reporting (2019)

 

Training Methodology

Lecture style, with Exercises/Case Studies

 

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

A Foundation to Intermediate Level programme intended for Practising and Non-Practising Accountants and Auditors.

Competency Mapping

Category 1 = 7.00 Hours

Schedule & Fees

Date & Time

15 Jun 2021 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Prof Ng Eng Juan

Venue

Online Classroom in or outside of
Singapore

Date & Time

29 Jun 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61   $ 276.49
For Non-Members: $ 415.16   $ 332.13
Discount till 31 Dec 2021

Programme Facilitator(s)

Michel Herrmann

Venue

Online Classroom in or outside of
Singapore

Date & Time

23 Sep 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61   $ 276.49
For Non-Members: $ 415.16   $ 332.13
Discount till 31 Dec 2021

Programme Facilitator(s)

Michel Herrmann

Venue

Online Classroom in or outside of
Singapore

Date & Time

16 Dec 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61   $ 276.49
For Non-Members: $ 415.16   $ 332.13
Discount till 31 Dec 2021

Programme Facilitator(s)

Michel Herrmann

Venue

Online Classroom in or outside of
Singapore

Date & Time

21 May 2021 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Prof Ng Eng Juan

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 1 July 2020 to 31 December 2022. *This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2021 – 31 March 2022.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
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)


Ng Eng Juan
Professor

 
Prof Ng is currently with Singapore University of Social Sciences (SUSS) (formerly known as SIM University). He is the Head of the Accountancy Programme in SUSS. Prof Ng was previously with Nanyang Technological University, teaching financial accounting courses in the B Acc and MBA programmes, and has been awarded several teaching awards including the "Nanyang Award for Excellence in Teaching". Besides his teaching duty in SUSS, Prof Ng also conducts regular CPE programmes on accounting standards and provides consultancy services to public accounting firms.

Prof Ng has published more than 60 journal articles and more than 40 professional accounting books including "Consolidated Financial Statements (Singapore)", "Singapore GAAP", and "A Practical Guide to Financial Reporting Standards (Singapore)"


Michel Herrmann
WP, StB, CPA (US and Singapore)

 
Michel has accumulated over 10 years experience in accounting advisory and was with PricewaterhouseCoopers since 2001. He has gained extensive experience in advising multinational companies with complex accounting and tax structures, specializing on accounting issues and structuring in the areas of business combinations, revenue recognition, deferred tax and financial instruments.
While working in Germany, Michel was a member of the German technical accounting group and also a frequent guest speaker at the University of Giessen and the national convention of German CPAs. Michel has co-authored several publications on international accounting. He graduated with a MBA from the University of Mannheim, and is qualified as a US-CPA, SG-CPA, German tax advisor and German CPA.

This course is available in both Live Webinar (virtual) and Classroom (physical).

For this session, it will be delivered as LIVE WEBINAR. If you prefer to join the Classroom session, please register here.

Programme Objective

To discuss the provisions of the new/revised Financial Reporting Standards issued by the Accounting Standards Council and effective for the years 2018, 2019 and 2020. 

Programme Outline

 

  • Major new/revised standards effective in 2018
    • INT FRS 122
    • FRS 109 Financial instruments
    • FRS 115 Revenue from contracts with customers

 

  • New/Revised standards effective in 2019
    • Improvement to FRS
    • Amendments to FRS 109
    • Amendments to FRS 28
    • INT FRS 123
    • FRS 116 Leases

 

  • New/Revised standards effective in 2020
    • Amendments to FRS 1 and 8
    • Amendments to FRS 103
    • Conceptual Framework for Financial Reporting (2019)

 

Training Methodology

Lecture style, with Exercises/Case Studies

 

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

A Foundation to Intermediate Level programme intended for Practising and Non-Practising Accountants and Auditors.

Competency Mapping

Category 1 = 7.00 Hours

Programme Facilitator(s)

Ng Eng Juan
Professor

 
Prof Ng is currently with Singapore University of Social Sciences (SUSS) (formerly known as SIM University). He is the Head of the Accountancy Programme in SUSS. Prof Ng was previously with Nanyang Technological University, teaching financial accounting courses in the B Acc and MBA programmes, and has been awarded several teaching awards including the "Nanyang Award for Excellence in Teaching". Besides his teaching duty in SUSS, Prof Ng also conducts regular CPE programmes on accounting standards and provides consultancy services to public accounting firms.

Prof Ng has published more than 60 journal articles and more than 40 professional accounting books including "Consolidated Financial Statements (Singapore)", "Singapore GAAP", and "A Practical Guide to Financial Reporting Standards (Singapore)"

Michel Herrmann
WP, StB, CPA (US and Singapore)

 
Michel has accumulated over 10 years experience in accounting advisory and was with PricewaterhouseCoopers since 2001. He has gained extensive experience in advising multinational companies with complex accounting and tax structures, specializing on accounting issues and structuring in the areas of business combinations, revenue recognition, deferred tax and financial instruments.
While working in Germany, Michel was a member of the German technical accounting group and also a frequent guest speaker at the University of Giessen and the national convention of German CPAs. Michel has co-authored several publications on international accounting. He graduated with a MBA from the University of Mannheim, and is qualified as a US-CPA, SG-CPA, German tax advisor and German CPA.

Upcoming Schedule

Date & Time

29 Jun 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61   $ 276.49
For Non-Members: $ 415.16   $ 332.13
Discount till 31 Dec 2021

Programme Facilitator(s)

Michel Herrmann

Venue

Online Classroom in or outside of
Singapore