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 IAS 21 (equivalent to SFRS (I) 1- 21, Section 30 of SFRS for small entities and FRS 21) is the financial reporting standard provided to guide accountants in identifying functional currency, reporting changes in foreign exchange in a transaction, balances and consolidation.This workshop aims to guide accountants in complying this reporting standard expediently. Get your solutions from this comprehensive and practical workshop.Learning ObjectivesUpon completion of this course, participants are able to:Understand and Report the impact of change in foreign exchange rates on financial statements as per IAS 21Compute the impact of change in foreign exchange rates in transactions and balances appropriatelyPresent and Disclose the impact of change in foreign exchange rates in financial statement appropriatelyReview the application of this financial reporting standard in case studies, in extending practical solutions to accountants
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 21 (equivalent to SFRS (I) 1- 21, Section 30 of SFRS for small entities and FRS 21) is the financial reporting standard provided to guide accountants in identifying functional currency, reporting changes in foreign exchange in a transaction, balances and consolidation.This workshop aims to guide accountants in complying this reporting standard expediently. Get your solutions from this comprehensive and practical workshop.Learning ObjectivesUpon completion of this course, participants are able to:
Introduction to IAS 21The Scope of IAS 21Differentiating and Identification of Functional and Presentation CurrencyCase study: Identifying the functional currency in a reporting entityMeasurement and Accounting treatment of changes in foreign exchange rates on a transactionMeasurement and Accounting treatment of changes in foreign exchange rates on a balanceCase study: Computing and Reporting a purchase of an asset in foreign currency, from ordering till settlement (including deferred payment, tax effects and financial year end reporting)Translating a financial statement in foreign exchange currency into another presentation currencyCase study: Translating financial statement of a foreign subsidiary into another presentation currency, for the purpose of consolidation at Group levelQuestions and Answers 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 takingTraining MethodologyInteractive presentations, together with class exercises, case studies simulations and discussions.Closing Date for Registration1 week before programme or until full enrolment.
Pre-requisites
Please take note of the following admission requirements:
Training MethodologyInteractive presentations, together with class exercises, case studies simulations and discussions.Closing Date for Registration1 week before programme or until full enrolment.
• Accountants • Financial reporting officers • Internal audit • Compliance • Academicians
Category 1 = 3.50 Hours
15 Apr 2025 (9:00 AM - 12:30 PM)
For Members: $ 188.57 For Non-Members: $ 224.54
29 Oct 2025 (9:00 AM - 12:30 PM)
For Members: $ 226.72 For Non-Members: $ 269.23
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
Online Classroom in or outside ofSingapore
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This Course is Intended for CA Singapore Users..
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Do you wish to apply for SFC funding? (Singapore Citizenship Only)
10 Dec 2024 - 10 Dec 2024