Course Detail()

3.50 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Live Webinar

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

IAS 24 (equivalent to SFRS (I) 1-24, FRS 24, and Section 33 of SFRS for small entities) is the financial reporting standard provided to guide accountants in identifying related parties and presenting related parties transactions and balances disclosures.

This workshop aims to guide accountants in complying this reporting standard expediently.  Get your solutions from this comprehensive and practical workshop.

Learning Objectives

Upon completion of this course, participants are able to:

  • Understand and Apply IAS 24 in reporting related parties’ disclosures
  • Identify and Connect related parties as required by IAS 24
  • Present and disclose related party transactions and balances appropriately and reliably
  • Promote and ensure adequate disclosures in all related parties’ dealings for better transparency and governance

Programme Outline

 

  • Introduction to IAS 24
  • Exemptions allowed
  • The importance of reporting related party disclosures
  • Related Parties: Definition and illustrations
  • Case study: Complex Group structure
  • Related Parties Transactions: Its scope and illustrations
  • Case study: Presenting related party transactions as disclosure note
  • Related Parties Balances: Its scope and illustrations
  • Case study: Presenting related parties balances as disclosure note
  • Questions and Answers

 

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
Interactive presentations, together with class exercises, case studies simulations and discussions.

Closing Date for Registration
1 week before programme or until full enrolment.
 

Intended For

• Accountants • Financial reporting officers • Internal audit • Compliance • Academicians

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)

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

IAS 24 (equivalent to SFRS (I) 1-24, FRS 24, and Section 33 of SFRS for small entities) is the financial reporting standard provided to guide accountants in identifying related parties and presenting related parties transactions and balances disclosures.

This workshop aims to guide accountants in complying this reporting standard expediently.  Get your solutions from this comprehensive and practical workshop.

Learning Objectives

Upon completion of this course, participants are able to:

  • Understand and Apply IAS 24 in reporting related parties’ disclosures
  • Identify and Connect related parties as required by IAS 24
  • Present and disclose related party transactions and balances appropriately and reliably
  • Promote and ensure adequate disclosures in all related parties’ dealings for better transparency and governance

Programme Outline

 

  • Introduction to IAS 24
  • Exemptions allowed
  • The importance of reporting related party disclosures
  • Related Parties: Definition and illustrations
  • Case study: Complex Group structure
  • Related Parties Transactions: Its scope and illustrations
  • Case study: Presenting related party transactions as disclosure note
  • Related Parties Balances: Its scope and illustrations
  • Case study: Presenting related parties balances as disclosure note
  • Questions and Answers

 

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
Interactive presentations, together with class exercises, case studies simulations and discussions.

Closing Date for Registration
1 week before programme or until full enrolment.
 

Intended For

• Accountants • Financial reporting officers • Internal audit • Compliance • Academicians

Programme Facilitator(s)


No course instances or course instance sessions available.