This topical workshop will deepen your practical understanding in accounting for deferred taxation: FRS 12/SFRS(I) 1-12 Income Taxes. As this is one of the challenging financial reporting standards to implement, the trainer will use multiple working examples to illustrate the major provisions and compliance requirements of FRS 12/SFRS(I) 1-12. Additionally, some recent amendments to the Singapore Income Tax Act that affect accounting for income taxes under FRS 12/SFRS(I) 1-12 will be discussed. Attend this workshop and learn to confidently apply FRS 12/SFRS(I) 1-12 in your financial reporting and avoid compliance risks.
A Highlight of Key Areas:
Accounting for Deferred Taxation: FRS 12/ SFRS(I) 1-12 Income Taxes
- Overview of tax accounting
- Basic principles underlying deferred tax accounting in FRS 12
- Recognition
- Measurement
- Presentation
- Disclosures
Q&A
Professor Ng Eng JuanAdjunct Professor
Singapore University of Social Sciences
Professor Ng Eng Juan graduated with B. Ec (first class honours) from Universiti Malaya, and MBA from University of Southern California. He is a fellow of ISCA with several years of working experience in an international public accounting firm. Prof Ng has been with the Nanyang Business School, Nanyang Technological University, teaching Financial Accounting subjects in the B Acc and MBA programmes. Over the years, he has won several teaching awards. He also conducts regular continuing professional education programmes for delegates from China, Malaysia and Singapore. Prof Ng has written several publications including “Singapore GAAP”, “Derivatives and Hedge Accounting” and “Practical Guide to Financial Reporting Standards Singapore”, which are published by CCH Asia. He is currently an Adjunct Professor in Singapore University of Social Sciences (SUSS).