Course Detail()

2.50 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Live Webinar

The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Programme Objective

This course aims to provide participants with an understanding on the succession challenges faced by businesses and the strategies to overcome them. With the knowledge, Accounting firms can better position themselves in this competitive environment to provide value added services to their clients.

On completion of this course, the participant will:

  • Obtain an understanding of client’s financial needs to build an additional revenue model for Accounting firm.
  • Understand the role of Accounting firms in the succession planning for businesses and how to render their professional service to Family Offices.
  • Learn the strategies to overcome the succession challenges of clients.

Programme Outline


Building an additional revenue model in your Chartered Accounting firm

  • Understanding global trends in CA firms
  • Providing services to meet clients’ growing, complex needs via a holistic vs. a modular approach
  • Capitalising on clients’ financial needs using an advisory versus a product-selling approach
  • Positioning your firm in this competitive environment using Blue Ocean strategies

Family and Non-Family Business Succession Planning

  • What are the differences between Family Business Succession Planning and Non-Family Business Succession Planning?
  • How should CA firms manage the transition between the preceding and subsequent generations?
  • What are the dos and don’ts when doing such planning?
  • What are the typical challenges faced and how to overcome them strategically?

CA’s role in Family Offices

  • Understanding the need to plan and how CA firms can play an important role
  • How to structure services required by Family Offices?
  • Understanding the technical work involved and how to render professional services effectively
  • What are the dos and don’ts?
  • What CA firms need to know in order to facilitate the preservation or accumulation role in the Family Office?

 

Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking
     

Training Methodology

Lecture style with discussions/exercises

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

Intended For

• Owners of Accounting Firms • Accounting and Finance professionals who are interested to learn about succession planning for their company.

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)

The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Programme Objective

This course aims to provide participants with an understanding on the succession challenges faced by businesses and the strategies to overcome them. With the knowledge, Accounting firms can better position themselves in this competitive environment to provide value added services to their clients.

On completion of this course, the participant will:

  • Obtain an understanding of client’s financial needs to build an additional revenue model for Accounting firm.
  • Understand the role of Accounting firms in the succession planning for businesses and how to render their professional service to Family Offices.
  • Learn the strategies to overcome the succession challenges of clients.

Programme Outline


Building an additional revenue model in your Chartered Accounting firm

  • Understanding global trends in CA firms
  • Providing services to meet clients’ growing, complex needs via a holistic vs. a modular approach
  • Capitalising on clients’ financial needs using an advisory versus a product-selling approach
  • Positioning your firm in this competitive environment using Blue Ocean strategies

Family and Non-Family Business Succession Planning

  • What are the differences between Family Business Succession Planning and Non-Family Business Succession Planning?
  • How should CA firms manage the transition between the preceding and subsequent generations?
  • What are the dos and don’ts when doing such planning?
  • What are the typical challenges faced and how to overcome them strategically?

CA’s role in Family Offices

  • Understanding the need to plan and how CA firms can play an important role
  • How to structure services required by Family Offices?
  • Understanding the technical work involved and how to render professional services effectively
  • What are the dos and don’ts?
  • What CA firms need to know in order to facilitate the preservation or accumulation role in the Family Office?

 

Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking
     

Training Methodology

Lecture style with discussions/exercises

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

Intended For

• Owners of Accounting Firms • Accounting and Finance professionals who are interested to learn about succession planning for their company.

Programme Facilitator(s)


No course instances or course instance sessions available.