Financial Reporting Standards (FRS) Update 2008
Date: 1 2 Dec 2008
Time: from 9am to 5pm
( 3rd Intake, Back By Popular Demand)
7 CPE / CPD verifiable hours will be awarded
About the seminar
With the imminent end of the “stable platform” of the IASB, we can expect significant changes to financial reporting for 2009 and subsequently. It will be helpful to look beyond changes in the FRS to changes already made to International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) issued by the International Accounting Standards Board (IASB). Hence, this seminar will go beyond a presentation of the changes in the FRS to include a review of changes made at the IASB level as well as a consideration of the possible impact arising from the discussion papers and the exposure drafts of the IASB.
Objectives
To present and explain the major changes in the FRS affecting 2008 and 2009 reporting;
To highlight the major changes in the IFRS that will have an impact on future reporting; and
To provide an overview of the on-going projects of the IASB, including discussion papers and
exposure drafts issued by the IASB and their likely impact.
Who should attend
The seminar will benefit accounting practitioners, auditors, corporate managers, financial analysts,
treasury managers and other key executives who wish to have a richer understanding of the nature
and impact of the changes of the standards.
Outline
The seminar will cover the following FRS and IFRS*:
Highlights of recent amendment to IAS 39
IFRS 3 (2008) Business Combinations
IAS 27 (2008) Consolidated and Separate Financial Statements
FRS 1 Presentation of Financial Statements
FRS 23 Borrowing Costs
FRS 108 Operating Segments
INT FRS 112 Service Concession Arrangements
INT FRS 113 Customer Loyalty Programmes
International developments and the work-in-progress of the IASB
Facilitator
Pearl H N Tan, Practice Associate Professor in Accounting
Singapore Management University (SMU) PhD (University of Queensland), MSc (London School of
Economics), B Acc (Hons) (University of Singapore), FCPA (S’pore), FCCA, FCPA (Australia)
Dr Pearl Tan is a Practice Associate Professor in Accounting at Singapore Management University (SMU) and has had extensive experience in teaching and developing advanced accounting courses on Financial Reporting Standards at SMU and previously at Nanyang Technological University. She has won a number of teaching awards including the Outstanding MPA Teaching Award, Teacher of the Year and the MBA Teacher of the Year award. She also has had in-depth experience in auditing and was an Audit Manager in an international accounting fi rm prior to joining academia. She has co-written a book, “Advanced Financial Accounting” published by McGraw-Hill that deals with complex accounting standards and has published papers for international conferences and provided feedback to key policy making bodies. Presently, Dr Tan sits on the Accounting Standards Committee of the Institute of Certifi ed Public Accountants of Singapore.
* Changes to the programme may be made for developments arising after the date of printing of this brochure.
Click here to register for this seminar. Complete the registration form and fax to (65) 65090292.
