Financial reporting is evolving faster than at any point in recent history. Increasing complexity in business models, heightened regulatory scrutiny, and rising investor expectations have placed greater demands on the quality, consistency, and transparency of financial reporting.
To respond to these challenges, the IASB continues to amend existing IFRS Accounting Standards and introduce new ones. While these changes aim to improve financial reporting, they also create practical challenges for preparers, auditors, and reviewers — particularly in understanding effective dates, transition requirements, and the real impact on financial statements.
This annual Technical Update Seminar provides a focused, structured, and practical briefing on recent and forthcoming developments in MFRS / IFRS Accounting Standards. The emphasis is not merely on what has changed, but on how those changes affect financial reporting decisions in practice.
On the completion of this course:
Stay current with recent and forthcoming IFRS Accounting Standards
Understand what is effective now, what is coming next, and what requires early preparation
Gain clarity on transition requirements and comparative information
Understand how recent amendments affect financial position, performance, and disclosures
Receive a concise primer on IFRS Sustainability Disclosure Standards and their interaction with financial reporting
Leave with a structured mental map of the IFRS change landscape rather than fragmented updates
Programme Outline
Prologue: Applying Accounting Standards in a Changing Environment
The importance of looking beyond the standard text:
- IFRIC agenda decisions
- Guidance and bulletins issued by professional bodies
- Emerging interpretative issues observed in practice
- Current developments in the IFRS Sustainability Disclosure Standards landscape and their implications for finance teams
IFRS Accounting Standards Effective for Annual Periods Beginning on or After 1 January 2024
Classification of Liabilities as Current or Non-current (IAS 1)
Non-current Liabilities with Covenants (IAS 1)
Lease Liability in a Sale and Leaseback (IFRS 16)
Supplier Financing Arrangements (IAS 7 and IFRS 7)
IFRS Accounting Standards Effective for Annual Periods Beginning on or After 1 January 2025
Lack of Exchangeability (IAS 21)
IFRS Accounting Standards Effective for Annual Periods Beginning on or After 1 January 2026
Amendments to IFRS 9 and IFRS 7 – Classification and Measurement of Financial Instruments
Annual Improvements to IFRS Accounting Standards – Volume 11
Contracts Referencing Nature-dependent Electricity (Amendments to IFRS 9 and IFRS 7)
(Any additional pronouncements issued before the seminar date will be included.)
IFRS Accounting Standards Effective for Annual Periods Beginning on or After 1 January 2027 and Beyond
IFRS 18 – Presentation and Disclosure of Financial Statements
IFRS 19 – Subsidiaries without Public Accountability: Disclosures
(Any additional pronouncements issued before the seminar date will be included.)
Looking Ahead: Future IASB Projects
IASB work plan and priority projects
Key Exposure Drafts and Discussion Papers currently under development
Areas likely to impact future financial reporting and disclosure practices
Training Methodology
This is a technical briefing with practical intent, not a passive lecture.
- Expert-led explanations grounded in real financial reporting issues
- Interactive polls and self-assessment quizzes to reinforce judgement-based decisions
- Practical illustrations highlighting common implementation challenges
Closing Date for Registration*
3 Days before webinar date
Intended For
This programme is suitable for :
- Financial statement preparers
(CFOs, financial controllers, accounting managers) - Auditors and assurance professionals
(external audit, internal audit, technical teams) - Regulators and educators
Competency Mapping
Category 1 = 7.00 Hours
Schedule & Fees
Date & Time
23 Jul 2026 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)
SGD pricing -
For Members:
328.09
For Non-Members:
394.58
Programme Facilitator(s)
Danny Tan
Venue
Live Webinar in or outside of
Singapore
Testimonial
Funding
No funding Available!
Programme Facilitator(s)
Danny Tan
Danny is a consultant providing continuing professional development training for the accountancy profession as well as providing consultancy services on financial reporting technical matters. He has over 35 years’ experience in public practice, commerce, and industry. He was trained and qualified as a professional accountant with a firm in London. Danny conducts courses in IFRS and IPSAS in Europe, Middle East, and Asia Pacific. He is currently a member of the Small and Medium-size Entities Implementation Group (SMEIG) that consider the need to amend IFRS for SMEs Accounting Standard and make recommendation to the Board of IASB. He is also a project manager for the MASB. He currently holds several advisory roles in financial reporting technical matters.
Danny holds an Honours Degree in Economics (major in finance and investment) from Manchester Metropolitan University (UK), MBA from Heriot-Watt University (UK) and Master in Advance Business Practice from University of South Australia. He is a fellow member of The Chartered Instituted of Management Accountants, and The Association of Chartered Certified Accountants. He is also a member of The Institute of Singapore Chartered Accountants, Malaysian Institute of Accountants and an associate member of Chartered Tax Institute of Malaysia.
Financial reporting is evolving faster than at any point in recent history. Increasing complexity in business models, heightened regulatory scrutiny, and rising investor expectations have placed greater demands on the quality, consistency, and transparency of financial reporting.
To respond to these challenges, the IASB continues to amend existing IFRS Accounting Standards and introduce new ones. While these changes aim to improve financial reporting, they also create practical challenges for preparers, auditors, and reviewers — particularly in understanding effective dates, transition requirements, and the real impact on financial statements.
This annual Technical Update Seminar provides a focused, structured, and practical briefing on recent and forthcoming developments in MFRS / IFRS Accounting Standards. The emphasis is not merely on what has changed, but on how those changes affect financial reporting decisions in practice.
On the completion of this course:
Stay current with recent and forthcoming IFRS Accounting Standards
Understand what is effective now, what is coming next, and what requires early preparation
Gain clarity on transition requirements and comparative information
Understand how recent amendments affect financial position, performance, and disclosures
Receive a concise primer on IFRS Sustainability Disclosure Standards and their interaction with financial reporting
Leave with a structured mental map of the IFRS change landscape rather than fragmented updates
Programme Outline
Prologue: Applying Accounting Standards in a Changing Environment
The importance of looking beyond the standard text:
- IFRIC agenda decisions
- Guidance and bulletins issued by professional bodies
- Emerging interpretative issues observed in practice
- Current developments in the IFRS Sustainability Disclosure Standards landscape and their implications for finance teams
IFRS Accounting Standards Effective for Annual Periods Beginning on or After 1 January 2024
Classification of Liabilities as Current or Non-current (IAS 1)
Non-current Liabilities with Covenants (IAS 1)
Lease Liability in a Sale and Leaseback (IFRS 16)
Supplier Financing Arrangements (IAS 7 and IFRS 7)
IFRS Accounting Standards Effective for Annual Periods Beginning on or After 1 January 2025
Lack of Exchangeability (IAS 21)
IFRS Accounting Standards Effective for Annual Periods Beginning on or After 1 January 2026
Amendments to IFRS 9 and IFRS 7 – Classification and Measurement of Financial Instruments
Annual Improvements to IFRS Accounting Standards – Volume 11
Contracts Referencing Nature-dependent Electricity (Amendments to IFRS 9 and IFRS 7)
(Any additional pronouncements issued before the seminar date will be included.)
IFRS Accounting Standards Effective for Annual Periods Beginning on or After 1 January 2027 and Beyond
IFRS 18 – Presentation and Disclosure of Financial Statements
IFRS 19 – Subsidiaries without Public Accountability: Disclosures
(Any additional pronouncements issued before the seminar date will be included.)
Looking Ahead: Future IASB Projects
IASB work plan and priority projects
Key Exposure Drafts and Discussion Papers currently under development
Areas likely to impact future financial reporting and disclosure practices
Training Methodology
This is a technical briefing with practical intent, not a passive lecture.
- Expert-led explanations grounded in real financial reporting issues
- Interactive polls and self-assessment quizzes to reinforce judgement-based decisions
- Practical illustrations highlighting common implementation challenges
Closing Date for Registration*
3 Days before webinar date
Intended For
This programme is suitable for :
- Financial statement preparers
(CFOs, financial controllers, accounting managers) - Auditors and assurance professionals
(external audit, internal audit, technical teams) - Regulators and educators
Competency Mapping
Category 1 = 7.00 Hours
Programme Facilitator(s)
Danny Tan
Danny is a consultant providing continuing professional development training for the accountancy profession as well as providing consultancy services on financial reporting technical matters. He has over 35 years’ experience in public practice, commerce, and industry. He was trained and qualified as a professional accountant with a firm in London. Danny conducts courses in IFRS and IPSAS in Europe, Middle East, and Asia Pacific. He is currently a member of the Small and Medium-size Entities Implementation Group (SMEIG) that consider the need to amend IFRS for SMEs Accounting Standard and make recommendation to the Board of IASB. He is also a project manager for the MASB. He currently holds several advisory roles in financial reporting technical matters.
Danny holds an Honours Degree in Economics (major in finance and investment) from Manchester Metropolitan University (UK), MBA from Heriot-Watt University (UK) and Master in Advance Business Practice from University of South Australia. He is a fellow member of The Chartered Instituted of Management Accountants, and The Association of Chartered Certified Accountants. He is also a member of The Institute of Singapore Chartered Accountants, Malaysian Institute of Accountants and an associate member of Chartered Tax Institute of Malaysia.