Course Detail(A087 : FRS 40: Investment Property)

A087 : FRS 40: Investment Property

3.50 CPE Hours (Category 1)
Classroom

Programme Objective

To equip participants with a competent understanding of the accounting treatment for investment property and related disclosure requirements.

To ensure that participants are able to:

  • Identify an investment property in accordance the definition in FRS 40
  • Determine the cost at initial recognition
  • Apply the cost model or fair value model for measurement after recognition
  • Know the reporting and disclosure requirements for each model
  • Apply the appropriate accounting treatment in the event of a disposal/transfer of investment property

Programme Outline

  • Scope and definitions
  • Recognition criteria
  • Measurement at initial recognition
  • Subsequent measurement
    • Accounting policy
    • Fair value model
    • Cost model
    • Transfers and disposals
  • Disclosures


Training Methodology
Lecture style, with Exercises/Case Studies

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate to Advanced level programme targeted at both Practicing and Non-Practicing Accounting and Audit Professionals. Those who wish to achieve deeper understanding in FRS 40 are encouraged to attend.

Competency Mapping

Category 1 = 3.50 Hours

Schedule & Fees

Date & Time

01 Nov 2019 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Assoc Prof Tan Yee Peng

Date & Time

18 Sep 2018 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Assoc Prof Tan Yee Peng

Date & Time

22 Sep 2017 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Assoc Prof Tan Yee Peng

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Assoc Prof Tan Yee Peng

Tan Yee Peng is an Adjunct Associate Professor of the Nanyang Business School, Nanyang Technological University (NTU) and is a regular trainer on accounting topics. Yee Peng previously served as a partner of KPMG in Singapore and has more than twenty years of accounting and auditing experience.  As an audit and advisory partner, Yee Peng was closely involved in providing accounting and advisory services to her clients in both the private and public sectors.  She also acted as the Reporting Accountant and auditor for several companies listed on the Singapore Exchange. During her stay as a partner in KPMG, Yee Peng was also appointed as the partner in charge of its Professional Practice Department which is responsible for the technical and professional standards of the Firm as well as the partner for the firm’s Learning & Development department which oversees the developmental needs of its 2,000 staff. 

Yee Peng holds a Bachelor of Accountancy (First Class Honours) degree from the Nanyang Technological University and is a Fellow of the Institute of Singapore Chartered Accountants and a member of the Singapore Institute of Directors.

Programme Objective

To equip participants with a competent understanding of the accounting treatment for investment property and related disclosure requirements.

To ensure that participants are able to:

  • Identify an investment property in accordance the definition in FRS 40
  • Determine the cost at initial recognition
  • Apply the cost model or fair value model for measurement after recognition
  • Know the reporting and disclosure requirements for each model
  • Apply the appropriate accounting treatment in the event of a disposal/transfer of investment property

Programme Outline

  • Scope and definitions
  • Recognition criteria
  • Measurement at initial recognition
  • Subsequent measurement
    • Accounting policy
    • Fair value model
    • Cost model
    • Transfers and disposals
  • Disclosures


Training Methodology
Lecture style, with Exercises/Case Studies

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate to Advanced level programme targeted at both Practicing and Non-Practicing Accounting and Audit Professionals. Those who wish to achieve deeper understanding in FRS 40 are encouraged to attend.

Competency Mapping

Category 1 = 3.50 Hours

Programme Facilitator(s)

Assoc Prof Tan Yee Peng

Tan Yee Peng is an Adjunct Associate Professor of the Nanyang Business School, Nanyang Technological University (NTU) and is a regular trainer on accounting topics. Yee Peng previously served as a partner of KPMG in Singapore and has more than twenty years of accounting and auditing experience.  As an audit and advisory partner, Yee Peng was closely involved in providing accounting and advisory services to her clients in both the private and public sectors.  She also acted as the Reporting Accountant and auditor for several companies listed on the Singapore Exchange. During her stay as a partner in KPMG, Yee Peng was also appointed as the partner in charge of its Professional Practice Department which is responsible for the technical and professional standards of the Firm as well as the partner for the firm’s Learning & Development department which oversees the developmental needs of its 2,000 staff. 

Yee Peng holds a Bachelor of Accountancy (First Class Honours) degree from the Nanyang Technological University and is a Fellow of the Institute of Singapore Chartered Accountants and a member of the Singapore Institute of Directors.

Upcoming Schedule

Registration is closed

Date & Time

01 Nov 2019 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Assoc Prof Tan Yee Peng

Venue

60 Cecil Street
ISCA House
Singapore 049709