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UNITS

Webinar | ACCA

Updates of financial reporting standards

This class will discuss the provisions of the new or revised financial reporting standards issued by the Accounting Standards Council

Overview

Manufactured trees lit up at night

This class will discuss the provisions of the new or revised financial reporting standards issued by the Accounting Standards Council.

This programme is designed specifically for accountants, auditors and finance professionals who wish to learn more about the requirements of the new FRS. It is also ideal as a refresher so as to get an overview of the changes in the financial reporting standards.

See the Outline for details on what would be covered in this full day webinar.

Want to focus on specific standards?

Join Practical updates on financial reporting standards - FRS 109, 115 and 116 with Sardool Singh to deep dive into these three key standards with ACCA. See our next class run here.

Effective from 1 January 2024

  • FRS 1(Amendments) Classification of Liabilities as Current or Non-current and Non-current Liabilities with Covenants
  • FRS 12 (Amendments) Lease liability in a Sale and Leaseback
  • FRS 107 (Amendments) Supplier Finance Arrangements

Effective from 1 January 2025

  • FRS 21 (Amendments) Lack of exchangeability

Effective from 1 January 2026

  • FRS 109 (Amendments) –
    • Classification of a financial asset with environmental, social and corporate governance (ESG) and similar features
    • Settlement of liabilities through electronic payment systems

Effective from 1 January 2027

  • FRS 118 (replacing FRS 1) – Presentation and Disclosure in Financial Statements

 

Daniel Chee

Mr Daniel Chee holds an Honours degree in Accountancy from the National University of Singapore and was a Certified Information Systems Auditor (CISA). He has more than 13 years of experience in the accounting profession, having worked for one of the Big 4 accounting firms in Singapore and in the United Kingdom. He also has more than five years of senior management experience with multinational corporations, managing their operations in Singapore and Asia. He was an adjunct associate professor at NUS Business School and then an adjunct professor with the Singapore University of Social Sciences. Mr Chee was a committee member of both the IT Committee and the Examination Committee of the Institute of Singapore Chartered Accountants, and was a Committee member of the Disciplinary Sub-Committee of the Accounting and Corporate Regulatory Authority.

CPD units

Your attendance to this training will accord you with 7.0 CPD units (ACRA Category 1).

A CPD certificate will be emailed to you within three business days after the completion of the training.

Who should attend?

  • CFOs, finance directors, financial controllers
  • Public accountants, audit partners, audit professionals
  • Finance managers
  • Accountants

ACCA Singapore CPD subsidy

ACCA Singapore is currently offering a special subsidy to active members, affiliates and students so as to support them in their professional development. This offer is available on selected courses here and on a limited basis. Terms and conditions apply. 

Promotions

Group registration offer

Get 10% off when you sign up as a group of three or more (not applicable to member/affiliate/student rates). Apply this discount code GROUP3MORE to your order on the payment summary.

UTAP approved

NTUC Union members can claim up to 50% off regular fees that they pay (excluding GST) for this class. Not applicable if class is paid by your employer. Yearly cap is up to $250. Those age 40 and above enjoy an increased cap of up to $500 (till Dec 2025).

Partner offer

CA ANZ, CPA, ICAEW, IIA Singapore, SCTP and ISCA members enjoy 10% off public rate. 

Note: All workshops and courses listed are subject to change. Please contact us to confirm the workshop/course status of commencement if you are not based in Singapore, and require travel arrangements.

Price

Member 265 SGD

Affiliate 275 SGD

Approved employers 335 SGD

Student 275 SGD

Public 375 SGD

Location

Singapore

Date & time

16 May 2025, 09:00 - 17:00 Singapore time

Course provider

ACCA logo