Ethics and update of financial reporting standards for finance professionals

Participants will gain a comprehensive understanding of the revised ethical principles and their practical applications, alongside the implications and nuances of the recent amendments to various financial reporting standards

Overview

This concise half-day webinar is designed to offer professional accountants in business an insightful update in the financial reporting framework and code of ethics relevant to them.

Recent revisions in FRSs and their Influence:

Stay updated on the most recent amendments to Financial Reporting Standards (FRSs) and understand their implications on financial practices.

Recent ethical modifications and practical insights:

Gain awareness regarding recent alterations in ethical requirements. Delve into common ethical quandaries, conflicts, and instances of misconduct. Additionally, acquire practical strategies to manage, prevent, and navigate these ethical challenges effectively.

Outline
Speaker
Additional information

This webinar will consist of two sections:

Updates on changes in EP 100:

Changes to definition of fundamental principles
New guidelines on bias and importance of awareness of bias.

Updates of selected FRSs:

FRS 1 and FRS Practice Statement 2 in relation to the disclosure of accounting policies
FRS 8 in relation to the definition of accounting estimates
FRS 1 – Classification of liabilities as current or non-current
FRS 16 – Property, plant and equipment – proceeds before intended use
FRS 37 – Onerous contracts – cost of fulfilling a contract.

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

Attendance at this session will earn you with 3 CPD units in the following categories:

ACRA Category 1 - 2 CPD units
ACRA Category 2 - 1 CPD unit

A CPD certificate will be sent to you by email within two business days after your completion of this webinar.

Price

Member 140 SGD

Affiliate 150 SGD

Approved employer 160 SGD

Student 150 SGD

Public 175 SGD

Location

Singapore

Date & time

On demand

Book on ACCA

Ethics and update of financial reporting standards for finance professionals

Overview

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