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

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.

Outline
Speaker
Additional information

1. FRS 109 Amendments – Derecognition of Financial Liabilities

Derecognition of financial liabilities settled through electronic transfers
Effective 1 January 2026

2. FRS 109 Amendments – Classification of Financial Assets

Elements of interest in a basic lending arrangement (the solely payments of principle and interest assessment – ‘SPPI test’)
Effective 1 January 2026

3. FRS 107 Amendments – Disclosure

Disclosure of investment in equity instruments designated at fair value through other comprehensive income
Effective 1 January 2026

4. FRS 118 – Presentation and Disclosure in Financial Statements

Replaces FRS 1 – Presentation of financial statements
Effective 1 January 2027

5. FRS 119 – Subsidiaries and Small Entities without Public Accountability: Disclosures

Effective 1 January 2027

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, 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 270 SGD

Affiliate 280 SGD

Approved employers 340 SGD

Student 280 SGD

Public 390 SGD

Location

Singapore

Date & time

24 March 2026, 09:00 - 17:00 Singapore time

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