Course Detail(MP005i : Sceptical Mindset for Accountants)

UTAP Funding

MP005i : Sceptical Mindset for Accountants

1.00 CPE Hours (Category 2)
Online

This is an e-learning programme and also a module from the ISCA Professional Business Accountant (PBA) 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

Professional scepticism is an essential skill in almost any professional role, including professional accountants. It involves having a questioning mind and a critical assessment of data and information received. In the process of financial reporting preparation, accountants should diligently apply scepticism to reduce errors and misrepresentation and to assess that the financial information is faithfully represented.

At the end of this module, you will be able to:

  • Recognise the importance of Professional Scepticism to minimise errors in financial reporting;
  • Apply techniques to reduce unconscious bias when assessing data and information;
  • Apply a questioning mind when investigating the unusual or unexpected data and information;
  • Demonstrate curiosity by exploring beyond what is immediately apparent; and

Apply critical thinking when identifying and evaluating alternatives to determine the appropriate course of action.

Programme Outline


1) Introduction to Professional Scepticism

  • Consequences of not applying professional scepticism
  • Characteristics and behaviours of Accountants with professional scepticism
  • Barriers to applying professional scepticism and ways to manage barriers


2) Professional Scepticism Critical Thinking process

  • Problem identification: Identify unusual or unexpected data and information
    • Importance of creating expectations
    • Identify anomalies that are inconsistent with expectations
    • Reduce unconscious bias
  • Problem construction: Investigate the unusual or unexpected data and information
    • Define a problem
    • Identify stakeholders involved
    • Ask questions
  • Divergent thinking: Generate explanations for the unusual or unexpected data and information
  • Convergent thinking: Eliminate explanations that should not be pursued to determine the appropriate course of action


Training Methodology

E-Learning (24/7) with video and MCQ Assessment

No cancellation or change in programme enrolment once the enrolment is successful.

Click here for ISCA E-Learning User Guide.
 

Intended For

Accounting and finance professionals who are interested to learn how to apply scepticism in the course of their work through Professional Scepticism Critical Thinking Process.

Competency Mapping

Category 2 = 1.00 Hours

Schedule & Fees

Fee (inclusive of GST)

For Members: $ 64.20
For Non-Members: $ 85.60

Programme Facilitator(s)

Online Instruction

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 1 July 2020 to 31 December 2022. *This excludes miscellaneous fees such as GST and registration fee etc.
 
To find out more on the UTAP support validity period please click here.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • 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)


This is an e-learning course.

This is an e-learning programme and also a module from the ISCA Professional Business Accountant (PBA) 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

Professional scepticism is an essential skill in almost any professional role, including professional accountants. It involves having a questioning mind and a critical assessment of data and information received. In the process of financial reporting preparation, accountants should diligently apply scepticism to reduce errors and misrepresentation and to assess that the financial information is faithfully represented.

At the end of this module, you will be able to:

  • Recognise the importance of Professional Scepticism to minimise errors in financial reporting;
  • Apply techniques to reduce unconscious bias when assessing data and information;
  • Apply a questioning mind when investigating the unusual or unexpected data and information;
  • Demonstrate curiosity by exploring beyond what is immediately apparent; and

Apply critical thinking when identifying and evaluating alternatives to determine the appropriate course of action.

Programme Outline


1) Introduction to Professional Scepticism

  • Consequences of not applying professional scepticism
  • Characteristics and behaviours of Accountants with professional scepticism
  • Barriers to applying professional scepticism and ways to manage barriers


2) Professional Scepticism Critical Thinking process

  • Problem identification: Identify unusual or unexpected data and information
    • Importance of creating expectations
    • Identify anomalies that are inconsistent with expectations
    • Reduce unconscious bias
  • Problem construction: Investigate the unusual or unexpected data and information
    • Define a problem
    • Identify stakeholders involved
    • Ask questions
  • Divergent thinking: Generate explanations for the unusual or unexpected data and information
  • Convergent thinking: Eliminate explanations that should not be pursued to determine the appropriate course of action


Training Methodology

E-Learning (24/7) with video and MCQ Assessment

No cancellation or change in programme enrolment once the enrolment is successful.

Click here for ISCA E-Learning User Guide.
 

Intended For

Accounting and finance professionals who are interested to learn how to apply scepticism in the course of their work through Professional Scepticism Critical Thinking Process.

Competency Mapping

Category 2 = 1.00 Hours

Programme Facilitator(s)

This is an e-learning course.

Upcoming Schedule

Fee (inclusive of GST)

For Members: $ 64.20
For Non-Members: $ 85.60

Programme Facilitator(s)

Online Instruction