Course Duration:
  From 20 hours per exam
Mode of Study:
  Live Broadcast
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Upon completion of the Financial Reporting module, candidates will be able to demonstrate knowledge and apply the Singapore Financial Reporting Standards (SFRS) to produce a complete set of financial statements for an entity. They will also be able to explain and advise on the application of the SFRS, demonstrating appropriate professional judgment in the process.

The Financial Reporting Module for Singapore CA equips students with the ability to explain and advise on the application of the Singapore Financial Reporting Standards (International) (SFRS(I)), demonstrating appropriate professional judgement in the process.

It prepares students to be trusted advisors of their company such that they play a crucial role to its success. This is done so by developing them with multi-disciplinary skill sets and a global mindset which help propel them to a higher role in an organization.

The Financial Reporting Module for Singapore CA will be the right one for anyone keen on upskilling themselves with what it takes to be a qualified and competent Chartered Accountant of Singapore.

Students are equipped with a broad understanding of the world and wide ranging knowledge to guide them in helping their company gain success.

Upon completing the Financial Reporting module, students will have a comprehensive coverage of all significant Singapore Financial Reporting Standards (SFRS) and the accounting rules and disclosures contained within each published SFRS. This is spread across eight main categories as stated below:

1) Financial Reporting Framework

  • Objectives of financial reporting
  • Standard-setting process
  • The Conceptual Framework for Financial Reporting
  • Regulatory requirements
  • The international context
  • Reporting and disclosure
  • Compliance and ethics in financial reporting


2) Recognition and Measurement of Assets

  • Measurement and reporting
  • Impairment of assets
  • Specific applications

3) Recognition and Measurement of Liabilities

  • Measurement and reporting
  • Specific applications


4) Recognition of Revenue and Expenses

  • Revenue recognition
  • Share-based payment transactions and arrangements


5) Financial Assets and Financial Liabilities

  • Principles of financial instruments reporting
  • Derivatives and hedging


6) Other Standards on Presentation and Disclosure of Financial Statements

  • Foreign currency transactions
  • Earnings per share
  • Operating segment
  • Events after the reporting date
  • Related parties
  • Interim reporting
  • Equity and other comprehensive income


7) Consolidated Financial Statements

  • Foreign Operations
  • Group accounting
  • Continuing and discontinued interests


8) Other Reporting Frameworks and Emerging Trends

  • Other reporting frameworks
  • Emerging trends


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