By Invitation Only

Join us at our upcoming annual SFRS update for a discussion on the key amendments to accounting standards in 2022 and coming years, and learn how they will affect financial statements.

In today’s uncertain economic climate, companies need to re-assess their contractual arrangements with customers to determine whether there are any onerous contracts. We will focus on the key principles set forth in SFRS 37 - Provisions, Contingent Liabilities and Contingent Assets.

Companies looking to expand or restructure their businesses to streamline operations, need to take note of several factors. We will share with you the accounting principles when acquiring a business in stages, as well as acquiring a business that is already under the common control of the group.

Lastly, for companies who are looking at investment alternatives, we will share with you the key considerations when accounting for crypto assets and carbon credits, two of the hottest topics in recent months.

The session, to be held via Zoom, will also answer several key questions:

  • How will the amendments affect preparations for year-end financial reporting?
  • What are some practical challenges faced when preparing financial statements?
  • What additional information is required for disclosures in the financial statements?

Event: Singapore Financial Reporting Standards; Annual Update 2020, Date: 1 December 2022, Thursday, Time: 9.00 am - 12.30 pm, Fee: Complimentary for RSM and Stone Forest Clients, Who should attend: CFOs, Financial Controllers, Accounting and Finance Managers of Companies.

CPE hours: 3

For enquiries, please contact the manager-in-charge of your audit engagement.

The organisers reserve the right to change the venue, date and programme due to circumstances beyond our control.

Please be informed that RSM or others on behalf of the firm and third parties may be taking photographs and videos during this seminar. The organisers may use such photos in their marketing materials, publications or media.

By attending the event, you consent to the use of your photograph, voice, likeness, and image in any broadcasts of this event and in subsequent productions drawn from video or audio recordings of this event. The photographs and recordings may be published or broadcasted in RSM and affiliates’ publications and in publicity materials, including websites and social media. All recordings, articles, quotes, photographs, films, audio or video and/or any reproductions of same in any form, are the property of RSM. RSM, its affiliates, employees, representatives and agents are released from any and all claims, demands, costs and liability that may arise from the use of these interviews, recordings, photographs, videotapes or films, and/or any reproductions of same in any form, as described above, arising out of being interviewed, recorded, photographed, videotaped or filmed. It is the responsibility of event participants to remove themselves from group and candid shots/recordings that the photographers/videographers intend to capture, if they do not wish to have their photos/audio-visual recordings taken at the event.