Accounting for SFRS(I) 1-12 Income Taxes & SFRS(I) 1-21 The Effects of Changes in Foreign Exchange Rates - Avoiding Compliance Risks
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Description

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This is a one-day workshop covering two distinct FRS topics: FRS 12/SFRS (I) 1-12 Income Taxes in the morning (AM) and FRS 21/SFRS (I) 1-21 in the afternoon (PM).

This topical and practical workshop will discuss and illustrate with examples, the major provisions of these two challenging standards. By attending this workshop, participants will reinforce their understanding of the requirements of FRS 12 and FRS 21. Additionally, they will learn to confidently apply the FRSs in their financial reporting and avoid compliance risk.

This unique workshop format offers you the option to attend either the AM or PM session.

AM Session: Accounting for SFRS(I) 1-12 Income Taxes, click here
PM Session: Accounting for SFRS(I) 1-21 The Effects of Changes in Foreign Exchange Rates, click here

By attending the one-day session, you enjoy savings over 16% and lunch will be provided. Register NOW!

Programme Outline

AM Session: 9am-12.30pm
Accounting for FRS 12/ SFRS(I) 1-12 Income Taxes

  • Overview of tax accounting
  • Basic principles underlying deferred tax accounting in FRS 12
  • Recognition
  • Measurement
  • Presentation
  • Disclosures

Q&A

PM Session: 1.30pm-5pm
Accounting for FRS 21/ SFRS(I) 1-21 The Effects of Changes in Foreign Exchange Rates

Functional Currency

  • Determination of functional currency
  • Change in functional currency

Foreign Currency Transactions

  • Initial recognition
  • Subsequent measurement

Foreign Currency Translation

  • Translation of foreign currency financial statements
  • Consolidation of foreign subsidiaries, associates and joint ventures

Q&A

What you will learn

  • Deepen practical understanding of the two challenging FRSs: SFRS(I) 1-12 Income Taxes & SFRS(I) 1-21 The Effects of Changes in Foreign Exchange Rates
  • Gain a good grasp of the compliance requirements of the two FRSs
  • Confidently apply the two FRSs and avoid compliance risk with your financial reporting

Target Audience

  • Accountants
  • Auditors

Expert Speaker

Professor Ng Eng Juan graduated with B. Ec (first class honours) from Universiti Malaya, and MBA from University of Southern California. He is a fellow of ISCA with several years of working experience in an international public accounting firm. Prof Ng has been with the Nanyang Business School, Nanyang Technological University, teaching Financial Accounting subjects in the B Acc and MBA programmes. Over the years, he has won several teaching awards. He also conducts regular continuing professional education programmes for delegates from China, Malaysia and Singapore. Prof Ng has written several publications including “Singapore GAAP”, “Derivatives and Hedge Accounting” and “Practical Guide to Financial Reporting Standards Singapore”, which are published by CCH Asia. He is currently with the Singapore University of Social Sciences (SUSS).

  • Jun 22
    • Early Bird 30% Discount - Apply Promotional Code: EBF30 $449.40 incl. GST (7%)
    • Early Bird 15% Discount - Apply Promotional Code: EBF15 $545.70 incl. GST (7%)
    • $642.00 incl. GST (7%)
    Wed, 9:00 AM - Wed, 5:00 PM Hotel Venue to be Advised
    • Early Bird 30% Discount - Apply Promotional Code: EBF30 $449.40 incl. GST (7%)
    • Early Bird 15% Discount - Apply Promotional Code: EBF15 $545.70 incl. GST (7%)
    • $642.00 incl. GST (7%)
    • PD hours: 7

Coming Soon

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One-Connection-One-Fee

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.

Recordings

Like the topic but can’t make the time? Register for the Live Session and you’ll receive the Recording regardless! Recordings are provided for webinars with a duration of 3 hours and less.