Course Detail()

7.00 CPE Hours (Category 1)
Classroom

Programme Objective

This seminar will provide you a practical overview of the essential FRSs that each and every accountant should be aware of.

This is a highly interactive seminar which will include plenty of short case examples, fun facts and real life illustrations using several renowned and reputable Singapore listed companies to help reinforce the learning concepts and outcomes.

Participants will, after this seminar, feel more comfortable when faced with a set of financial statements.

 

Programme Outline

  • IFRS and U.S. GAAP: What in the World is the Difference?
  • FRS 1  Presentation of Financial Statements
  • FRS 2  Inventories
  • FRS 8  Accounting Policies, Changes in Accounting Estimates and Errors
  • FRS 10  Events after the Reporting Period
  • FRS 11 Construction Contracts (Superseded by FRS 115 Revenue from Contracts with Customers) 
  • FRS 12  Income Taxes
  • FRS 16  Property, Plant and Equipment
  • FRS 18  Revenue (Superseded by FRS 115 Revenue from Contracts with Customers)
  • FRS 24  Related Party Disclosures
  • FRS 32  Financial Instruments: Presentation
  • FRS 36  Impairment of Assets
  • FRS 37  Provisions, Contingent Liabilities and Contingent Assets
  • FRS 38  Intangible Assets
  • FRS 39  Financial Instruments: Recognition and Measurement (Superseded by FRS 109 Financial Instruments: Recognition and Measurement)
  • FRS 40  Investment Property
  • FRS 105  Non-Current Assets Held for Sale and Discontinuing Operations
  • FRS 108 Operating Segments
  • FRS 113  Fair Value Measurements
  • Quiz Time – “Who Wants to be a FRS Genius”


Why Attend this Seminar? Why this One?

The answer is communication. This seminar will help you better understand the language of finance.

The trainer is a highly experienced practitioner and instructor and is well-regarded for his ability to translate complex financial concepts into plain language, and the use of illustrations, examples and real life experiences to help develop/enhance your understanding of finance and accounting.

The trainer is able to draw on his full depth of knowledge about accounting, creativity and experience to develop compelling and enjoyable programs.


Training Methodology

Seminar style - Story-telling, Fun Facts, Short Case Examples, Real Life Illustrations, ‘Talk to Your Neighbour’, “It’s Movie Time” with pre- and post-screening activities, and plenty of team activities such as Prof Sandhu’s trademark end-of-day fun and exciting quiz round (Who Wants to be a FRS Genius) which will help reinforce the learning concepts and outcomes.

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

A Foundation level programme intended for professionals who wish to develop a good understanding of the current accounting standards in Singapore.

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)

Programme Objective

This seminar will provide you a practical overview of the essential FRSs that each and every accountant should be aware of.

This is a highly interactive seminar which will include plenty of short case examples, fun facts and real life illustrations using several renowned and reputable Singapore listed companies to help reinforce the learning concepts and outcomes.

Participants will, after this seminar, feel more comfortable when faced with a set of financial statements.

 

Programme Outline

  • IFRS and U.S. GAAP: What in the World is the Difference?
  • FRS 1  Presentation of Financial Statements
  • FRS 2  Inventories
  • FRS 8  Accounting Policies, Changes in Accounting Estimates and Errors
  • FRS 10  Events after the Reporting Period
  • FRS 11 Construction Contracts (Superseded by FRS 115 Revenue from Contracts with Customers) 
  • FRS 12  Income Taxes
  • FRS 16  Property, Plant and Equipment
  • FRS 18  Revenue (Superseded by FRS 115 Revenue from Contracts with Customers)
  • FRS 24  Related Party Disclosures
  • FRS 32  Financial Instruments: Presentation
  • FRS 36  Impairment of Assets
  • FRS 37  Provisions, Contingent Liabilities and Contingent Assets
  • FRS 38  Intangible Assets
  • FRS 39  Financial Instruments: Recognition and Measurement (Superseded by FRS 109 Financial Instruments: Recognition and Measurement)
  • FRS 40  Investment Property
  • FRS 105  Non-Current Assets Held for Sale and Discontinuing Operations
  • FRS 108 Operating Segments
  • FRS 113  Fair Value Measurements
  • Quiz Time – “Who Wants to be a FRS Genius”


Why Attend this Seminar? Why this One?

The answer is communication. This seminar will help you better understand the language of finance.

The trainer is a highly experienced practitioner and instructor and is well-regarded for his ability to translate complex financial concepts into plain language, and the use of illustrations, examples and real life experiences to help develop/enhance your understanding of finance and accounting.

The trainer is able to draw on his full depth of knowledge about accounting, creativity and experience to develop compelling and enjoyable programs.


Training Methodology

Seminar style - Story-telling, Fun Facts, Short Case Examples, Real Life Illustrations, ‘Talk to Your Neighbour’, “It’s Movie Time” with pre- and post-screening activities, and plenty of team activities such as Prof Sandhu’s trademark end-of-day fun and exciting quiz round (Who Wants to be a FRS Genius) which will help reinforce the learning concepts and outcomes.

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

A Foundation level programme intended for professionals who wish to develop a good understanding of the current accounting standards in Singapore.

Programme Facilitator(s)


No course instances or course instance sessions available.