Seminar 2019 Crowe Singapore
Preparing for Compliance with FRSs 109 & 115
Friday, 18 January 2019
Location: NTUC Centre | Level 9, Room 903 | 1 Marina Boulevard | Singapore 018989
Start Date: 18/01/2019
End Date: 18/01/2019
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Seminar 2019 Crowe Singapore
Are you prepared for compliance with FRS 109 & 115?

The financial year ending 31 December 2018 will be the first financial year that the two new major Financial Reporting Standards (FRSs) become effective: FRS 115 - Revenue from Contracts with Customers and FRS 109 - Financial Instruments.

These new standards will revamp revenue accounting and how entities classify and measure their financial assets and is expected to have a substantial impact for most entities.

Our team from Crowe Singapore will share with you an overview of the key changes which will serve as a readiness check as you finalise the financial statements for the coming financial year.

The topics covered are as follows:

FRS 109 
Financial Instruments

  • Classification & measurement reminders
  • Impairment – Simplified approach
  • Impairment – General approach (including related party loans)
  • Transition options 
  • Presentation & Disclosure
  • Key points from IRAS’ e-Tax Guide

FRS 115 
Revenue from Contracts with Customers

  • Overview of key concepts with the 5-step framework
  • General impact analysis by industries
  • Transition options and Practical expedients
  • Presentation & Disclosure
  • Key points from IRAS’ e-Tax Guide

Venue & Programme

Friday, 18 January 2019
NTUC Centre Level 9, Room 903 
1 Marina Boulevard 
Singapore 018989

Registration

Registration for this seminar is now closed.

For enquiries, please contact us at marketing@crowe.sg