Programme Overview This is an e-learning programme.Upon successful registration and payment, you will be notified via email within 10-15 mins on your enrolment confirmation with user instructions to access this programme. Please complete all topics and sub-topics within the E-Learning courseware. The programme and assessment is valid for 6 months from the date of purchase. Programme Objective This e-learning course aims to familiarise professional accountants with their roles in the prevention of money laundering and financing of terrorism with regard to ISCA’s Ethics Pronouncement (EP) 200 Anti-Money Laundering and Countering the Financing of Terrorism – Requirements and Guidelines for Professional Accountants in Singapore.EP 200 was last updated and effective on 1 July 2023. All ISCA members are required to comply with the requirements in the Pronouncement. Section 1 of ISCA’s EP 200 provides relevant guidelines for the Professional Accountants in Business (PAIBs). The Professional Accountants in Public Practice (PAIPs) are required to comply with the following guidelines and rules:Section 1 and Section 2 of ISCA’s EP 200ACRA’s Accountants (Prevention of Money Laundering and Financing of Terrorism) Rules 2023 (the “ACRA Accountants Rules”)
Programme Overview This is an e-learning programme.
Upon successful registration and payment, you will be notified via email within 10-15 mins on your enrolment confirmation with user instructions to access this programme.
Please complete all topics and sub-topics within the E-Learning courseware. The programme and assessment is valid for 6 months from the date of purchase. Programme Objective
This e-learning course aims to familiarise professional accountants with their roles in the prevention of money laundering and financing of terrorism with regard to ISCA’s Ethics Pronouncement (EP) 200 Anti-Money Laundering and Countering the Financing of Terrorism – Requirements and Guidelines for Professional Accountants in Singapore.
EP 200 was last updated and effective on 1 July 2023. All ISCA members are required to comply with the requirements in the Pronouncement. Section 1 of ISCA’s EP 200 provides relevant guidelines for the Professional Accountants in Business (PAIBs).
The Professional Accountants in Public Practice (PAIPs) are required to comply with the following guidelines and rules:
What is money laundering?Three stages of money launderingWhat is financing of terrorism?Legal duty of all professional accountantsReporting suspicious transactionsAvoid tipping-offRequirements that are applicable to the professional accountants in public practice and accounting entities:Compliance with the ACRA Accountants Rules in full for accounting entities that carry out specified activities Compliance with the ACRA Accountants Rules on a risk-sensitive basis for accounting entities that do not carry out specified activities Risk assessment of client’s money laundering/terrorism financing profileWho are high risk clientsPolitically exposed personsPerformance of Customer Due Diligence (CDD)Normal, Enhanced, Simplified CDDScreening of clientOngoing monitoringRecord keepingRetention period of records and records to be retainedTraining of employeesInternal policies, procedures and controlsImplementation and operationRegular assessmentIndependent audit function to perform regular assessmentManagement arrangements to monitor compliance Training MethodologyE-Learning (24/7) with interactive activities, knowledge checks and MCQ AssessmentNo cancellation or change in programme enrolment once the enrolment is successful.Click here for ISCA E-Learning User Guide.
Training MethodologyE-Learning (24/7) with interactive activities, knowledge checks and MCQ AssessmentNo cancellation or change in programme enrolment once the enrolment is successful.Click here for ISCA E-Learning User Guide.
Intended for all professional accountants in Singapore
Category 2 = 2.50 Hours
For Members: $ 134.72 For Non-Members: $ 179.63
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This Course is Intended for CA Singapore Users..
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10 Dec 2024 - 10 Dec 2024