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

• IFRS 9 (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)
• FRS 119, Subsidiaries without Public Accountability: Disclosures, is an optional accounting standard that allows eligible subsidiary companies to use a reduced set of disclosure requirements. Issued by the International Accounting Standards Board (IASB) in May 2024, the standard aims to lower the cost and effort of preparing financial statements for eligible subsidiaries while maintaining the usefulness of the information provided. 

This workshop qualifies for 7.0 CPE hours in Financial and Sustainability Reporting Standards and Pronouncements (Category 1).

This is a hybrid session. You have the option to attend this live in-person or online via Zoom. Please indicate in “Remarks” section in your registration the mode of attendance.

As part of our commitment towards minimizing carbon footprint and contributing to a healthier planet, we will only be issuing the soft copy of the training materials.

The training materials will be emailed to you 2 days before the workshop. Charging points are also available in the training room to charge your digital device.

• Accountants
• CFOs and Finance Managers
• Audit Professionals
• Directors and Audit Committee Members

Daniel holds an Honours degree in Accountancy from the National University of Singapore and is a Certified Information Systems Auditor (CISA). He has more than 15 years of experience in the accounting profession, having worked for one of the Big 4 accounting firms both in Singapore and in the United Kingdom. He has also more than 5 years of senior management experience with MNCs, managing their operations in Singapore and Asia.

Daniel is a highly sought-after seminar trainer. He was an Adjunct Professor in the School of Business, Singapore University of Social Sciences and an Adjunct Associate Professor in the Department of Accounting of the NUS Business School. He served as a committee member of both the IT Committee and the Examination Committee of ISCA, and was a Committee member of the Disciplinary Sub-Committee of Accounting and Corporate Regulatory Authority (ACRA).