CCH Learning SEA


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This is a one-day workshop covering two distinct and topical FRS topics: 2023 Annual FRS Update in the morning (AM) and Accounting for Deferred Taxation: FRS 12/SFRS(I) 1-12 Income Taxes in the afternoon (PM).

This practical workshop will reinforce your understanding of key FRSs by illustrating with multiple working examples, the provisions of the major new/revised Financial Reporting Standards issued by the Accounting Standards Council and other pronouncements effective for the years 2020 to 2024 (except FRS 117 Insurance Contracts). This also includes the compliance requirements and major provisions of one of the challenging financial reporting standards to implement, accounting for deferred taxation: FRS 12/SFRS(I) 1-12. By attending this workshop, you will learn to confidently apply these FRSs in your financial reporting and avoid compliance risks.

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

AM Session: 2023 Annual Update: Financial Reporting Standards, click HERE 

PM Session: Accounting for Deferred Taxation: FRS 12/SFRS(I) 1-12 Income Taxes, click HERE

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

Programme Outline

AM Session: 9.00am-12.30pm

2023 Annual Update: Financial Reporting Standards

New/Revised standards effective in 2020

  • Amendments to FRS 1 and FRS 8
  • Amendments to FRS 103

New/Revised standards effective in 2021

  • Amendments to FRS 116

New/Revised standards effective in 2022

  • Amendments to FRS 103
  • Amendments to FRS 16
  • Amendments to FRS 37

New/Revised standards effective in 2023

  • Amendments to FRS 1 (Classification of liabilities)
  • Amendments to FRS 1 (Disclosure of accounting policies)
  • Amendments to FRS 8
  • Amendments to FRS 12

New/Revised standards effective in 2024

  • Amendments to FRS 1
  • Amendments to FRS 116

ISCA Financial Reporting Codification Framework


PM Session: 1.30pm-5.00pm

Accounting for Deferred Taxation: 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


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

What you will learn

  • Gain an overall review on the updates of the topical FRSs
  • Deepen practical understanding of the major new/revised FRSs effective 2020-2024 (except FRS 117)
  • Gain a good grasp of the compliance requirements and application of FRSs
  • Deepen practical understanding of the FRS 12/SFRS (I) 1-12 Income Taxes
  • Learn to account for deferred taxation under FRS 12/SFRS (I) 1-12
  • Gain a good grasp of the compliance requirements of FRS 12/SFRS (I) 1-12
  • Avoid compliance risks in your financial reporting by confidently applying the major FRSs and accounting for deferred taxation

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 an Adjunct Professor in Singapore University of Social Sciences (SUSS).

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