Course Detail(XBRL : BizFinx Filing System)

UTAP Funding

XBRL : BizFinx Filing System

7.00 CPE Hours (Others)
Classroom

Programme Overview
**Please bring along your laptop for the hands-on exercises.**
Please click here to download BizFinx Preparation Tool before the class.

Approved for UTAP support for intakes conducted between 1st April 2019 to 31st March 2020.

NTUC members enjoy course fee support with up to $250 every year when you enroll for courses supported under UTAP (Union Training Assistance Programme). This excludes miscellaneous fees such as GST and registration fee etc. (Terms & Conditions apply)

For eligibility criteria or UTAP claims submission, please refer to the Funding tab.
 

Programme Objective

**Please bring along your laptop for the hands-on exercises.**
Please click here to download BizFinx Preparation Tool before the class.

The BizFinx filing system comprises a free offline preparation tool provided by ACRA for companies to prepare XBRL financial statements. All Singapore incorporated companies which are either unlimited or limited by shares will be required to file a full set of financial statements in XBRL according to a minimum tagging list within the ACRA Taxonomy with effect from October 2013. This programme covers the filing requirements and usage of the BizFinx filing system (including the new taxonomy) to prepare and upload the Financial Statements.

Programme Outline

  • Introduction – BizFinx filing system and ACRA Taxonomy
  • How to install preparation tool
  • How to complete the Scoping Questions
  • Understanding of Filing Requirements – what is Minimum Requirement List?
  • How to import Financial Statement
  • Guidance in entry of Financial Statements into Templates via
  • Auto tagging
  • Manual entry
  • How to Validate and Generate XBRL files and Rectify Errors, if any
  • How to Save (in both Word and XBRL format) and Upload Financial Statements on BizFinx Portal

The trainer will use a company Financial Statement (case company) to demonstrate the entry in XBRL, from the initial creation to the saving of financial statements.
When entering financial statements, two modes of data entering will be covered:

  • Data entry
  • Editing the illustrative sample 

It excludes the exporting of financial statements from ERP system or accounting software to XBRL.
This one-day training comprises theory and practical sessions. Participants will have an opportunity to have hands-on experience in using the XBRL to prepare financial statements.

  • Each participant is required to bring with him/her a set of financial information (softcopy) from a real company (i.e.  a company registered with ACRA) for the purpose of hands on practice using XBRL to prepare the financial statements.
  • Each participant will be given access to a laptop/ desktop for accessing the XBRL. They will enter relevant data into the preparation tool, with guidance from the trainer. The data entered will not be uploaded to ACRA.

Closing Date for Registration

1 week before programme or until full enrolment
 

Intended For

All accounting and finance professionals of Singapore incorporated companies.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

14 Nov 2019 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 299.60
For Non-Members: $ 331.70

Programme Facilitator(s)

Team of Professionals (XBRL)

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

03 Dec 2019 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 299.60
For Non-Members: $ 331.70

Programme Facilitator(s)

Team of Professionals (XBRL)

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

11 Sep 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Team of Professionals (XBRL)

Date & Time

12 Jul 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Team of Professionals (XBRL)

Date & Time

11 Jun 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Team of Professionals (XBRL)

Testimonial

Funding

NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members. NTUC member gets to enjoy UTAP funding 50% of the unfunded course fee capped at $250 every year. This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2019 – 31 March 2020.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.
 

Eligibility Criteria
To be eligible for UTAP, the following conditions need to be met:

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding;
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends. 


To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg. Terms and conditions apply.
 
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)


Daniel Chee 
FCPA Singapore


Daniel holds an Honours degree in Accountancy from the National University of Singapore and is a Certified Information Systems Auditor (CISA). He has more than 13 years of experience in the accounting profession, having worked for one of the Big 4 accounting firms both in Singapore and in the United Kingdom. He has also more than 5 years of senior management experience with multi-national corporations, managing their operations in Singapore and Asia. He is an adjunct associate professor in NUS Business School.

Mr Chee was a committee member of both the IT Committee and the Examination Committee of ISCA, and was a Committee member of the Disciplinary Sub-Committee of Accounting and Corporate Regulatory Authority (ACRA).

Wong Suet Yin
CPA Singapore


Suet Yin graduated from the National University of Singapore with an accounting degree and is a member of the Institute of Singapore Chartered Accountants (ISCA). 

She has more than 20 years of working experience in the area of accounting, tax, project management and training. She held several management positions with large MNCs. Suet Yin is very passionate in training and is always ready to share her knowledge with others. She adopts a pragmatic real world approach during training and believes in 'fun - have a good time'.

Programme Overview
**Please bring along your laptop for the hands-on exercises.**
Please click here to download BizFinx Preparation Tool before the class.

Approved for UTAP support for intakes conducted between 1st April 2019 to 31st March 2020.

NTUC members enjoy course fee support with up to $250 every year when you enroll for courses supported under UTAP (Union Training Assistance Programme). This excludes miscellaneous fees such as GST and registration fee etc. (Terms & Conditions apply)

For eligibility criteria or UTAP claims submission, please refer to the Funding tab.
 

Programme Objective

**Please bring along your laptop for the hands-on exercises.**
Please click here to download BizFinx Preparation Tool before the class.

The BizFinx filing system comprises a free offline preparation tool provided by ACRA for companies to prepare XBRL financial statements. All Singapore incorporated companies which are either unlimited or limited by shares will be required to file a full set of financial statements in XBRL according to a minimum tagging list within the ACRA Taxonomy with effect from October 2013. This programme covers the filing requirements and usage of the BizFinx filing system (including the new taxonomy) to prepare and upload the Financial Statements.

Programme Outline

  • Introduction – BizFinx filing system and ACRA Taxonomy
  • How to install preparation tool
  • How to complete the Scoping Questions
  • Understanding of Filing Requirements – what is Minimum Requirement List?
  • How to import Financial Statement
  • Guidance in entry of Financial Statements into Templates via
  • Auto tagging
  • Manual entry
  • How to Validate and Generate XBRL files and Rectify Errors, if any
  • How to Save (in both Word and XBRL format) and Upload Financial Statements on BizFinx Portal

The trainer will use a company Financial Statement (case company) to demonstrate the entry in XBRL, from the initial creation to the saving of financial statements.
When entering financial statements, two modes of data entering will be covered:

  • Data entry
  • Editing the illustrative sample 

It excludes the exporting of financial statements from ERP system or accounting software to XBRL.
This one-day training comprises theory and practical sessions. Participants will have an opportunity to have hands-on experience in using the XBRL to prepare financial statements.

  • Each participant is required to bring with him/her a set of financial information (softcopy) from a real company (i.e.  a company registered with ACRA) for the purpose of hands on practice using XBRL to prepare the financial statements.
  • Each participant will be given access to a laptop/ desktop for accessing the XBRL. They will enter relevant data into the preparation tool, with guidance from the trainer. The data entered will not be uploaded to ACRA.

Closing Date for Registration

1 week before programme or until full enrolment
 

Intended For

All accounting and finance professionals of Singapore incorporated companies.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Daniel Chee 
FCPA Singapore


Daniel holds an Honours degree in Accountancy from the National University of Singapore and is a Certified Information Systems Auditor (CISA). He has more than 13 years of experience in the accounting profession, having worked for one of the Big 4 accounting firms both in Singapore and in the United Kingdom. He has also more than 5 years of senior management experience with multi-national corporations, managing their operations in Singapore and Asia. He is an adjunct associate professor in NUS Business School.

Mr Chee was a committee member of both the IT Committee and the Examination Committee of ISCA, and was a Committee member of the Disciplinary Sub-Committee of Accounting and Corporate Regulatory Authority (ACRA).

Wong Suet Yin
CPA Singapore


Suet Yin graduated from the National University of Singapore with an accounting degree and is a member of the Institute of Singapore Chartered Accountants (ISCA). 

She has more than 20 years of working experience in the area of accounting, tax, project management and training. She held several management positions with large MNCs. Suet Yin is very passionate in training and is always ready to share her knowledge with others. She adopts a pragmatic real world approach during training and believes in 'fun - have a good time'.

Upcoming Schedule

Date & Time

14 Nov 2019 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 299.60
For Non-Members: $ 331.70

Programme Facilitator(s)

Team of Professionals (XBRL)

Venue

60 Cecil Street
ISCA House
Singapore 049709