Course Detail(A303v : SFRS(I) Updates 2024)

UTAP Funding

A303v : SFRS(I) Updates 2024 NEW

7.00 CPE Hours (Category 1)
Live Webinar

This course aims to discuss the provisions of the new/revised Financial Reporting Standards issued by the Accounting Standards Council and effective from the years 2023 - 2025.

Programme Outline

  • SFRS(I) EFFECTIVE FOR FINANCIAL PERIODS BEGINNING ON OR AFTER 1 JANUARY 2023
    • SFRS(I) Practice Statement 2 Making Materiality Judgements
    • Amendments to SFRS(I) 1-12 International Tax Reform - Pillar Two Model Rules
  • SFRS(I) EFFECTIVE FOR FINANCIAL PERIODS BEGINNING ON OR AFTER 1 JANUARY 2024
    • Amendments to SFRS(I) 1-1 Classification of Liabilities as Current or Non-Current
    • Financial Reporting Bulletin 3 Classification of Liabilities as Current or Non-Current
    • Amendments to SFRS(I) 1-1 Non-Current Liabilities with Covenants
    • Amendments to SFRS(I) 16 Lease Liability in a Sale and Leaseback
    • Amendments to SFRS(I) 1-7 Supplier Finance Arrangements
  • SFRS(I) EFFECTIVE FOR FINANCIAL PERIODS BEGINNING ON OR AFTER 1 JANUARY 2025
    • Amendments to SFRS(I) 1-21 Lack of Exchangeability
  • UPCOMING STANDARDS
    • New IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information
    • New IFRS S2 Climate-related Disclosures
    • Exposure Draft to Replace SFRS(I) 1-1 General Presentation and Disclosures (Primary Financial Statements)


Training Methodology

Online lecture style, with Exercises / Case Studies


Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This programme is suitable for preparers and auditors of financial statements.

Competency Mapping

Category 1 = 7.00 Hours

Schedule & Fees

Date & Time

13 Sep 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 381.50
For Non-Members: $ 458.89

Programme Facilitator(s)

Sardool Singh

Venue

Live Webinar in or outside of
Singapore

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)


Sardool Singh
 
Sardool is an Adjunct Associate Professor in the Department of Accounting of the NUS Business School. He has been lecturing for the past 20 years, and is a highly sought-after seminar leader in the areas of Updates of recent Financial Reporting Standards, Cash Flow Statements, Analysis of Financial Statements, Consolidation and other technical accounting topics. Sardool brings a commercial perspective to the understanding of complex Accounting Standards and simplifies the requirements of these Standards to enable the participants to have a clear understanding of the topic.

Sardool is the Chief Financial Officer of an Investment Company. Prior to his current appointment, he was the Group Financial Controller of a Singapore listed healthcare company. During his ten years in the healthcare industry, he was responsible for the entire Group financial functions and the IPOs of two subsidiaries on SESDAQ. His other working experiences included three years with KPMG Peat Marwick and a year with a Japanese merchant bank.

 

This course aims to discuss the provisions of the new/revised Financial Reporting Standards issued by the Accounting Standards Council and effective from the years 2023 - 2025.

Programme Outline

  • SFRS(I) EFFECTIVE FOR FINANCIAL PERIODS BEGINNING ON OR AFTER 1 JANUARY 2023
    • SFRS(I) Practice Statement 2 Making Materiality Judgements
    • Amendments to SFRS(I) 1-12 International Tax Reform - Pillar Two Model Rules
  • SFRS(I) EFFECTIVE FOR FINANCIAL PERIODS BEGINNING ON OR AFTER 1 JANUARY 2024
    • Amendments to SFRS(I) 1-1 Classification of Liabilities as Current or Non-Current
    • Financial Reporting Bulletin 3 Classification of Liabilities as Current or Non-Current
    • Amendments to SFRS(I) 1-1 Non-Current Liabilities with Covenants
    • Amendments to SFRS(I) 16 Lease Liability in a Sale and Leaseback
    • Amendments to SFRS(I) 1-7 Supplier Finance Arrangements
  • SFRS(I) EFFECTIVE FOR FINANCIAL PERIODS BEGINNING ON OR AFTER 1 JANUARY 2025
    • Amendments to SFRS(I) 1-21 Lack of Exchangeability
  • UPCOMING STANDARDS
    • New IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information
    • New IFRS S2 Climate-related Disclosures
    • Exposure Draft to Replace SFRS(I) 1-1 General Presentation and Disclosures (Primary Financial Statements)


Training Methodology

Online lecture style, with Exercises / Case Studies


Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This programme is suitable for preparers and auditors of financial statements.

Competency Mapping

Category 1 = 7.00 Hours

Programme Facilitator(s)

Sardool Singh
 
Sardool is an Adjunct Associate Professor in the Department of Accounting of the NUS Business School. He has been lecturing for the past 20 years, and is a highly sought-after seminar leader in the areas of Updates of recent Financial Reporting Standards, Cash Flow Statements, Analysis of Financial Statements, Consolidation and other technical accounting topics. Sardool brings a commercial perspective to the understanding of complex Accounting Standards and simplifies the requirements of these Standards to enable the participants to have a clear understanding of the topic.

Sardool is the Chief Financial Officer of an Investment Company. Prior to his current appointment, he was the Group Financial Controller of a Singapore listed healthcare company. During his ten years in the healthcare industry, he was responsible for the entire Group financial functions and the IPOs of two subsidiaries on SESDAQ. His other working experiences included three years with KPMG Peat Marwick and a year with a Japanese merchant bank.

 

Upcoming Schedule

Date & Time

13 Sep 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 381.50
For Non-Members: $ 458.89

Programme Facilitator(s)

Sardool Singh

Venue

Live Webinar in or outside of
Singapore