The focus areas include:

• Companies with significant influence are not identified as associates
• Companies under control are not classified as subsidiaries
• Failure to measure identifiable assets acquired and liabilities assumed at their acquisition-date fair values
• Fair value of purchase consideration incorrectly determined at acquisition date
• Failure to separately recognise identifiable intangible assets from goodwill
• Inaccurate and unrealistic cash flow projections, such as extending cash flows for assets with finite lives into perpetuity
• Unrealistic cash flow projections
• Inadequate Expected Credit Loss (ECL) assessment, despite indicators of increased credit risk
• Incomplete elimination of intragroup balances
• Inconsistent revenue recognition across a Group
• Lease – incorrect accounting for option to renewal
• Impairment – incomplete value-in-use analysis
• Incorrect deferment of income

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 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).