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This webinar is designed specifically for accountants and auditors who need to be aware of the recent changes and updates in the Singapore Financial Reporting Standards

Programme Outline

SFRS(I) Effective for Financial Periods Beginning On or After 1 January 2020 :

  • Amendments to SFRS(I) 3: Definition of a Business
  • Amendments to SFRS(I) 1-1 and SFRS(I) 1-8: Definition of Material
  • Amendments to SFRS(I) 9, SFRS(I) 1-39 and SFRS(I) 7: Interest Rate Benchmark Reform

SFRS(I) Effective for Financial Periods Beginning On or After 1 January 2019 :

  • New SFRS(I) 16: Leases
  • New INT SFRS(I) 23: Uncertainty over Income Tax Treatments
  • Amendments to SFRS(I) 9: Prepayment Features with Negative Compensation
  • Amendments to SFRS(I) 1-28: Long-term Interests in Associates and Joint Ventures

SFRS(I) Effective for Financial Periods Beginning On or After 1 January 2018 :

  • New SFRS(I) 9: Financial Instruments
  • New SFRS(I) 15 : Revenue from Contracts with Customers
  • Amendments to SFRS(I) 1-40: Transfers of Investment Property
  • New INT SFRS(I) 22: Foreign Currency Transactions and Advance Consideration

FRS Practice Statement 2 – Making Materiality Judgements
Application Date – 1 August 2018

 This workshop qualifies for 7.0 CPE hours in Financial Reporting Standards and Pronouncements (Category 1). 

What you will learn

  • Have a practical knowledge of the recent FRS changes to ensure accurate, reliable and robust financial reporting
  • Understand the impact and act on the latest critical FRS changes

Target Audience

Accountants and auditors

Expert Speaker

Sardool Singh

Sardool is an Adjunct Associate Professor in the Department of Accounting of the NUS Business School. He has been lecturing for the past 20 years, and is a highly sought-after seminar leader in the areas of Financial Reporting Standards, Cash Flow Statements, Analysis of Financial Statements, Consolidation and other technical accounting topics. Sardool brings a commercial perspective to the understanding of complex Accounting Standards and simplifies the requirements of these Standards to enable the participants to have a clear understanding of the topic.

Sardool is also the Chief Financial Officer of an investment company. Prior to his current appointment, he was the Group Financial Controller of a Singapore listed healthcare company. During his ten years in the healthcare industry, he was responsible for the entire Group financial functions and the IPOs of two subsidiaries on SESDAQ. He had also gained his working experience with KPMG Peat Marwick and a Japanese merchant bank.

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Our webinars operate on a 'one-connection-one-fee' basis, so you can have your whole team participate together in a boardroom setting for one cost effective price, using one registered log-in connection. The registered attendee will receive a CPD certificate.


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