FRS key accounting standards - Workshop SG 2020

Overview

There are new and revised standards each year and keeping up-to-and knowing the financial impact of these standards will help you in preparing your annual financial statements. Stay informed about key developments of the IASB and the Financial Reporting Standards (FRS). This workshop will give you a holistic understanding of key FRS requirements.

Key Topics Covered:

 Session 1

• Latest updates of FRS standards
• Overview of the underlying principles

 Session 2

• Key standards
• FRS 109
• FRS 115
• FRS 116
• FRS 103
• FRS 110
• FRS 111
• FRS 16
• FRS 40
• FRS 41

Session 3

• FRS 109
• Key underlying principle
• Recognition and measurement

Session 4

FRS 115

• Key underlying principle
• Recognition and measurement - Five stage approach

Session 5

FRS 116

• Key underlying principle
• Impact of key changes

Session 6

FRS 103, 110, 111

• Key underlying principle
• Economic entity model

 Session 7

FRS 16, 40, 41

• Key underlying principle
• Interaction between these standards

Trainer Profile

Oh Ai Sim

Ms Oh has over 21 years of audit related experience with a big four accounting firm. Her portfolio of clients includes public listed entities and multinational corporations covering the following industries: retailing, manufacturing, trading, property development and construction. She also conducted in-house and client training covering FRS and audit related topics.

Objectives

• Hands-on examples to help you better understand and apply FRS
• Participants will have an appreciation of the new and revised FRS through a technical brief of these Standards
• Hear insights on FRS from a subject matter expert

Audience

This workshop is suitable for Accountants, Financial Managers, Finance Controllers and anyone who is interested in the key SFRS requirements and its application.