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ACRA has revised the filing requirements and data elements in XBRL format for companies. This is a part of ACRA’s efforts to streamline the filing of Financial Statements.
Companies are required to apply the revised filing requirements and data elements on or after 1 May 2021.
This timely workshop will go through the data completion process of each worksheet using the BizFinx preparation tool and provide practical tips on minimising data validation errors and redesign of company’s future financial statements presentation to increase efficiency of the data entry effort.
For participants who want to have hands-on experience, please bring along your laptop with the XBRL software already installed. Please confirm the XBRL software is working by launching it. Please also bring your entity's FS in Microsoft Word or Excel.
For participants who do not need hands-on experience, you will still benefit with a practical appreciation of the completion of XBRL financial statements in a productive manner.
Chee Hay Kheong Daniel
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 15 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 MNCs, managing their operations in Singapore and Asia.
Daniel is a highly sought-after seminar trainer, and is currently an Adjunct Professor in the School of Business, Singapore University of Social Sciences. Prior to this, he was an Adjunct Associate Professor in the Department of Accounting of the NUS Business School. He served as 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).
This is a face-to-face event to be conducted on 21 September 2021