Course Detail()

UTAP Funding

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 38 Intangible Assets (equivalent to SFRS(I) 1-38 and FRS 38) was issued to guide accountants in reporting and presenting intangible assets.

Intangible assets could be complex and complicated.  Identification and recognition of intangible assets involves experience and in-depth understanding on the features and potential services of that asset.

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 38 in financial statement presentation
  • Identify and Recognize Intangible assets to ensure accurate financial reporting
  • Compare and Appreciate the differences of financial reporting for intangible assets in IAS 38 vs. SFRS for small entities
  • Present and Disclose Intangible assets in financial statement confidently and expediently

Programme Outline

  • Introduction to IAS 38
  • Reporting Gap between IAS 38 vs. Section 18 of SFRS for small entities
  • Definition for Intangible assets and its salient features
  • Illustrations of Intangible Assets in common business activities
  • Applying Fair value during Initial Recognition
  • Measurement Methods on subsequent recognition
  • Asset impairment for a non-cash generating intangible asset
  • Asset impairment for a cash generating intangible asset
  • Case study: Initial recognition till derecognition of a non-cash generating intangible asset
  • Case study: Initial recognition till derecognition of a cash generating intangible asset
  • 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

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

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 38 Intangible Assets (equivalent to SFRS(I) 1-38 and FRS 38) was issued to guide accountants in reporting and presenting intangible assets.

Intangible assets could be complex and complicated.  Identification and recognition of intangible assets involves experience and in-depth understanding on the features and potential services of that asset.

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 38 in financial statement presentation
  • Identify and Recognize Intangible assets to ensure accurate financial reporting
  • Compare and Appreciate the differences of financial reporting for intangible assets in IAS 38 vs. SFRS for small entities
  • Present and Disclose Intangible assets in financial statement confidently and expediently

Programme Outline

  • Introduction to IAS 38
  • Reporting Gap between IAS 38 vs. Section 18 of SFRS for small entities
  • Definition for Intangible assets and its salient features
  • Illustrations of Intangible Assets in common business activities
  • Applying Fair value during Initial Recognition
  • Measurement Methods on subsequent recognition
  • Asset impairment for a non-cash generating intangible asset
  • Asset impairment for a cash generating intangible asset
  • Case study: Initial recognition till derecognition of a non-cash generating intangible asset
  • Case study: Initial recognition till derecognition of a cash generating intangible asset
  • 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.