FRS update for reporting - Workshop SG 2018

My Offerings


Stay informed about key developments of the IASB and the Financial Reporting Standards (FRS). This course will give you a holistic understanding and detailed update of the FRS. The workshop aims to provide an overview of the changes to FRS from the latest annual improvement project, cover the new standards, and provide details of the latest standards issued by the IASB and their respective application in Singapore by ASC. Practical examples to solve problems in selected standards will also be discussed.

Key Topics Covered:

  • Overview of projects of the IASB and current trends
  •  Standards applicable for 2018 and beyond
    • FRS 116 Leasing
    • FRS 115 Revenue Recognition
    • FRS 109 Financial Instruments
  • Updates and improvements
    • IFRS 5: Changes in methods of disposal
    • IFRS 7: Servicing Contracts
    • IFRS 7: Applicability of the amendments to IFRS 7 to condensed interim financial statements
    • IAS 19: Regional market issue
    • IAS 34: Disclosure of information "elsewhere in the interim financial report"
  • Latest interpretations

This workshop is part of the Finance For the Future Program and is eligible for funding support of more than 40%* off the workshop fees. Eligibility conditions apply. Enter code FUTURE18 at checkout. 

*Discount based on member price

Trainer Profile:

Michél Herrmann

Michel has over 12 years of experience in financial reporting and accounting advisory. Prior to founding HERRMANN CONSULTING, Michel has worked for PwC (PricewaterhouseCoopers) in Germany and Singapore where he was in charge of the accounting advisory business. During his time with PwC, he worked on various assignments including tax planning, SFRS/IFRS conversions projects, technical accounting advise, IPOs, SEC filings and due diligences across a wide variety of clients. Michel is also a regular speaker in financial conferences and seminars and since fall 2010 a Professor for "Advanced Accounting And Auditing" at the private University of Friedrichshafen (Germany). Michel received a master degree from the University of Mannheim. He is certified as a German CPA, German Tax Advisor, US CPA and CA Singapore.


  • Hands-on examples to help you better understand and apply FRS
  • Technical help by working through case studies designed to help you successfully manage real life issues
  • Hear insights from the following subject matter expert


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



1 day