Technical Workshop: Changes in FRS in 2009 - FULLY BOOKED -

1. Revised FRS 1: Presentation of Financial Statements
- effective 1 January 2009
- learn how to prepare the revised formats to financial statements

2. FRS 23: Borrowing Costs
- effective 1 January 2009
- learn how to capitalize interest on qualifying assets

3. Amendments to FRS 27 – Consolidated and Separate Financial Statements
- effective 1 January 2009
- learn about the deletion of the definition of the cost method and the accounting for pre-acquisition dividends in the income statement

4. Amendments to FRS 39 – Financials Instruments – Recognition and Measurement
- effective 1 July 2009
- learn about the recent changes regarding eligible hedged items and embedded derivatives

5. Amendments to FRS 107 – Financials Instruments – Disclosures
- effective 1 January 2009
- learn about the new disclosure requirements for fair value and liquidity risk

6. INT FRS 117: Distributions of Non-Cash Assets to Owners
- effective 1 July 2009
- learn how to account for distributions of non-cash assets as dividends to its owners

7. INT FRS 118: Transfers of Assets from Customers
- effective 1 July 2009
- learn how to account for transfers of items of property, plant and equipment by entities that receive such transfers from their customers

8. General Amendments – Improvements to FRSs
- effective 1 January and 1 July 2009
- a summary of the amendments to 18 FRSs

** Participants are required to bring along their calculators for the seminar.