|$650.00 (including GST)|
With effect from 1 January 2018, FRS 109 Financial Instruments will replace FRS 39. FRS 109 covers, amongst other things, the classification and measurement requirements for financial assets and liabilities.
One of the significant changes is how unquoted equity instruments are accounted for. Specifically, the new standard removes the ability to measure unquoted equity investments at cost where fair value cannot be determined reliably. In other words, investments in equity instruments must be measured at fair value under FRS 113 Fair Value Measurement.
This practical workshop is part of the Corporate Practice Series, designed specifically to provide Accounting and Finance Professionals a concise coverage of fair valuing unquoted equity instruments. An in-depth discussion on business valuation approaches and methods will be included. The objective is not only to equip participants with technical skills and knowledge, but also to apply key valuation concepts in practice by attempting a case study.
At the end of this workshop, you will:
1. Introduction to FRS 109
2. Overview of Fair Value Measurement
3. Valuation Approaches & Methods
4. Market Approach
5. Income Approach
6. Cost Approach
7. Valuation Conclusion
Participants are encouraged to bring along their financial calculators
This workshop qualifies for 7.0 CPE hours in Financial Reporting Standards and Pronouncements (Category 1).
Ong Woon Pheng
CA (Singapore), FCCA, CFA, CFE, ICVS, ATP (Income Tax)
Woon Pheng is the Director of Financial Advisory Services at PKF-CAP, a member firm of PKF International Limited. He has worked on engagements in financial reporting, business valuation, valuation for financial reporting, corporate secretarial, corporate and personal taxation, forensic accounting, litigation support, internal audit, merger and acquisition transactions, financial due diligence, liquidation and corporate restructuring. In 2015, he was conferred the Teaching Merit Award by SIM University. He has been appointed as master workshop facilitator and technical reviewer for the Financial Reporting module of the Singapore CA Qualification. He also serves as a member of ACCA Singapore Professional Expert Forum.
Prices shown are in SGD and inclusive of 7% GST but do not include handling & shipping (if applicable)
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