This seminar provides a review and an analysis of FRSs that are applicable to uncommon events and transactions. The purpose is to provide a holistic understanding and application of all FRSs.

Programme Objective

This seminar provides a review and an analysis of FRSs that are applicable to uncommon events and transactions. The purpose is to provide a holistic understanding and application of all FRSs. This seminar will be very beneficial to auditors who audit a diverse portfolio of clients and often face different business environments who may be engaged in transactions requiring understanding of the FRSs covered in this seminar. It is also particularly relevant to accountants working in conglomerate environments with diverse business activities.

Programme Outline 

Module 1

• Standards with “one-time application” only
• First-time Adoption of Financial Reporting Standards

Module 2

• Standards that compliment the application of other FRSs/IFRSs
  
• Accounting and Reporting by Retirement Benefit Plans
  
• Financial Reporting in Hyperinflationary Economies
  
• Accounting for Government Grants and disclosure of Government Assistance

Module 3

• Standards affecting Specialized Industries and Businesses
• Exploration for and Evaluation of Mineral Resources
• Agriculture

Intended For

This Intermediate to Advanced Level programme is suitable for Practising Accountants, Non-Practising Accountants and Audit Professionals.

This seminar will be very beneficial to auditors who audit a diverse portfolio of clients and often face different business environments who may be engaged in transactions requiring understanding of the FRSs covered in this seminar. It is also particularly relevant to accountants working in conglomerate environments with diverse business activities.

Training Methodology

Lecture style, with Practical Exercises/Case Studies