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Accounting Standards Updates 2026
Hybrid

In-Person / ZOOM

7

CPD Hours Awarded

In Stock

$470.00/Pax

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 your mode of learning.

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.

Participant (In Person) 1

Events/Attendees Discount Discounted price
2 5% $446.50
3 - 999 10% $423.00


Sign up for 1 event with 2 attendees: 5% discount
Sign up for 1 event with 3 or more attendees: 10% discount

Sign up for 2 events: 5% discount
Sign up for 3 or more events: 10% discount

Above discounts are only applicable per checkout

The new SFRS(I) 18 Presentation and Disclosure in Financial Statements replaces SFRS(I) 1-1 Presentation of Financial Statements, and will be applicable for annual reporting periods beginning on or after 1 Jan 2027.

The first half of the workshop will discuss the core components of SFRS(I) 18, including the new mandatory structure for the income statement, the strict disclosure rules for management-defined performance measures (MPMs), and enhanced principles for the aggregation and disaggregation of financial data.

The other half of the workshop will address recent updates and changes to Singapore Financial Reporting Standards (International) [SFRS(I)]. Through the practical examples and illustrations, you will be able to swiftly apply the accounting principles in real life.

New SFRS(I) 18 Presentation and Disclosures in Financial Statements covering in detail:

  • Statement of Profit or Loss
    • Categories in the statement of profit or loss
    • Totals and subtotals to be presented in the statement of profit or loss
    • Items to be presented in the statement of profit or loss or disclosed in the notes
  • Aggregation and Disaggregation
    • Principles of aggregation and disaggregation
    • Offsetting
  • Statement Presenting Comprehensive Income
    • Other comprehensive income
  • Statement of Financial Position
    • Classification of assets and liabilities as current or non-current
    • Items to be presented in the statement of financial position or disclosed in the notes

SFRS(I) effective for Financial Periods beginning on or after 1 January 2025

  • Amendments to SFRS(I) 1-21 Lack of Exchangeability

SFRS(I) effective for Financial Periods beginning on or after 1 January 2026

  • Amendments to SFRS(I) 9 and SFRS(I) 7 Amendments to the Classification and Measurement of Financial Instruments
  • Amendments to SFRS(I) 9 and SFRS(I) 7 Contracts Referencing Nature-dependent Electricity
  • Annual Improvements to SFRS(I)s Volume 11

SFRS(I) effective for Financial Periods beginning on or after 1 January 2027

  • New SFRS(I) 19 Subsidiaries without Public Accountability: Disclosures

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

  • Accountants and Auditors
  • Members of audit committee, finance directors
  • Anyone who needs to stay updated with latest changes in accounting standards
Sardool Singh

Sardool has been training both students and professionals for the past 30 years, and is a highly sought-after seminar leader in the areas of financial reporting standards, cash flow statements, analysis of financial statements, consolidation and other technical accounting topics. He was an Adjunct Associate Professor in the Department of Accounting of the NUS Business School for 17 years.

Sardool is the Chief Financial Officer of an Investment Company. Prior to his current appointment, he was the Group Financial Controller of a Singapore listed healthcare company, where he was responsible for the entire Group financial functions and the IPOs of two subsidiaries on SESDAQ. His other working experiences were with KPMG Peat Marwick and a Japanese merchant bank.

Sardool brings a commercial perspective to the understanding of complex Accounting Standards and simplifies the requirements of these Standards to enable participants to have a clear understanding of the topics delivered.