| | ENERGY - Fundamentals, Hype or Speculation?
( YAG )
Rising energy costs has brought developments in the energy industry to
centrestage. There has been greater news following on the decisions and
actions of energy producers. Increasingly, there are companies that have
re-aligned their corporate strategies with the energy industry.
Investing in renewable and/or alternative energy has become a theme in
fund management. To balance the world's thirst for energy, there are
increasing calls for environmental preservation.
To understand the issues impacting us and the opportunities available,
join us in this event where our reputable speakers will share their
insights in the energy spectrum.
Date:
1 Nov 2008 (Sat)
Time:
9am - 1pm
Registration starts 8.30am
Light breakfast will be served from 8.30am
Venue:
Singapore Management University
81 Victoria Street
Conference Hall 1, Level 5
Administration Building (facing Hotel)
Singapore 188065
Pricing:
ICPAS / CFAS members: $60/pax **Early Bird Special till 12th Oct**
ICPAS / CFAS members: $80/pax
Non-members: $120/pax
Closing Date for Registration:
26th Oct 2008
|  
| | | Seminar: Advanced Spreadsheet Skills & Financial Modeling with Excel & Excel VBA
( CPE Seminars )
The spreadsheet as a financial tool has been in use in organizations for many years. Many employees are familiar with using the most basic functions in building simple models using the intrinsic functions of Excel. This is exemplified by the common use of macros by users. However, with the constant changes in the business environment being the norm of the day, there is a need to move organizations beyond efficiency.
The objective of the course is to build on the current skill level of the participants to build more complex models using the advanced Excel financial functions and tools and to enhance participants’ knowledge of modeling languages such as VBA.
The acquisition and development of corporate models are a means to retain organization’s knowledge and promote knowledge-sharing, and these are tangible direct benefits for participants.
This course will introduce to the Excel users the additional programming capability in the context of building powerful, flexible and usable spreadsheet models. The course takes a "hands-on" approach to learning corporate models rather than focusing on the theory.
Seminar Objective
- Create effective financial models that meet your business needs
- Quantify the uncertainty inherent in forecasting models with risk analysis techniques
- Make better, more profitable business decisions using advanced financial modeling methods
- Evaluate patterns in your historical data
- Identify and utilize key business drivers and integrate them into your forecast
- Effectively communicate the results of your models to colleagues and senior management
- Understand the application of spreadsheet techniques and the use of VBA in complex modeling environment
Seminar Outline
Charting & Reporting in Models
- Building static and dynamic chart
- Working with combobox and other form tools
- Automating dashboards with macro
- Reporting with Pivot Tables
Excel Formulae and Functions
- From simple to complex formulae
- Using mathematical, statistical, lookup and string functions
- Using names in formulae
- Using power array formulae
- Counting and summing formulae
Installing and Using Add-ins for productivity and statistical analysis
- Analysis ToolPak
- Advanced Excel ToolPak
- Financial Analysis ToolPak
- dmTools Optimization and Monte Carlo Simulation ToolPak
Forms and Dialog Boxes in Spreadsheets
- Creating forms
- Working with form controls
- Customizing form controls with a macro
- Creating custom calculators with built-in dialog box
Introduction and Overview of Financial Modeling
- Define the Terms Model and Financial Model
- Identify the Major Types of Financial Models
- Learn How to Go about Creating or Building a Model
- Use Flowcharting & Influence Chart Techniques
Financial Statement Modeling
- Use of financial statements
- Financial statement analysis and charting
- Using financial statement models for valuation
- Simplifying and documenting models
- Case Exercise
Using Regression Models to Project Financial Statements
- Understand How to Use Regression Analysis in Simple Financial Models
- Organize Data to Use with a Regression Model
- Make Simple Financial Statement Projections Based on an Excel Regression Model
Investment Modeling
- Review of DCF techniques
- Financial Functions (PV, FV, NPV, IRR, MIRR, SPB, DPB, NFV, etc)
- Investment modeling techniques
- Case Exercise
Building Complex Models with Macros & VBA
- Using macros
- Using VBA
- Demonstration and Case Exercises
Sensitivity Analysis Modeling
- sensitivity analysis and strategic thinking
- Sensitivity analysis techniques
- Case Exercise
Simulation Modeling
- Risk and uncertainty
- Goal Seeking
- Linear programming & optimization
- Monte Carlo Simulation
- Case Simulation & Exercise
Modeling Application Case Study
- B-S Option Pricing Model – Working with spreadsheet and VBA
Comprehensive Models
- Identify the Types of Financial
- Activities That Can Be Connected in a Model
- Build the Pieces of a "Connected" Model
- Link the Pieces to Form a Multiple-Part Model
Putting It All Together
- Understand How Models Are Created and Used
- Deal with Problems in the Development and Use of Financial Models
- Use Financial Models Effectively
Intended For
Analysts and executive-level managers who work with financial models, need a refresher course on modeling methods -- as well as experienced financial professionals who have not built models on a regular basis.
Speaker
Dr Lim Thou Tin
Seminar Details
Date:
12 to 14 November 2008, Wednesday, Thursday and Friday
(21 ICPAS CPE hours)
Time:
9.00am to 5.00pm
Venue:
Hotel Venue to be advised
Fee Members $2568.00
Non-members $2996.00
For a list of new CPE seminars, click here
| 
| | | Seminar: Consolidated Accounts - Preparation and Presentation in the Singapore Context
( CPE Seminars )
Seminar Objective:
To discuss and illustrate the issues related to the preparation and presentation of consolidated accounts (consolidated profit and loss accounts and the consolidated balance sheets) in the Singapore context.
After this one-and-half-day seminar, the participants should be able to prepare the consolidated accounts in compliance with the Singapore legal and accounting requirements.
Seminar Outline:
- Basic consolidation issues
§ add across
§ fair value adjustment
§ goodwill on consolidation
§ minority interests
§ pre-acquisition and post-acquisition reserves
§ inter-company transactions
- Specific issues
§ piecemeal acquisition
§ acquisition of subsidiary during the accounting period
§ disposal of subsidiary
§ foreign subsidiary
- Complex group structure
§ father-son-grandson structure
§ connecting affiliations
§ different dates of acquisitions
- Investment in associates
§ cost method
§ equity method
Intended Participants:
Accountants who have to prepare consolidated financial statements, and auditors who have to express an opinion on the statements
Speaker:
Assoc Prof Ng Eng Juan
Date:
10 & 11 November 2008
(10.5 ICPAS CPE Hours)
Time:
9.00am to 5.00pm (Day 1)
9.00pm to 1.00pm (Day 2)
Venue:
Singapore Accountancy Academy (City Campus)
6 Raffles Quay #23-00 Singapore 048580
Please log-on to the following web-link to register: http://www.icpas.org.sg/cpe/public/viewSession.aspx?SeminarId=126 |
| | | Seminar: XBRL Reporting 2008
( CPE Seminars )
FS Manager is a free online tool provided by ACRA for the preparation of financial statements. Singapore incorporated companies which are either unlimited or limited by shares will be required to file their financial statements in XBRL with effect from 1 November 2007. This seminar covers the preparation and management of Financial Statements in XBRL format using the FS Manager.
Trainer:
Mr Chee Hay Kheong, FCPA Singapore
Date/Time:
17 November 08 (9am to 5pm)
(7 ICPAS CPE Hours)
Venue:
SAA Main Campus
20 Aljunied Road
CPA House
Comp Labs 1 & 2 (Level 2)
Singapore 389805
Please refer to the following link for details and registration:
http://www.icpas.org.sg/cpe/public/viewSession.aspx?SeminarId=160
|
| | | Seminar: Transformational Leadership – Breaking New Frontiers in Times of Adversity
( CPE Seminars )
There was an old saying that goes "when the going gets tough, the tough gets going". Difficult times require exceptional leadership. In times of adversity are hidden opportunities. The question is: What are you doing now to prepare yourself and your organisation for it?
Leadership is never easy. As a leader, you are responsible for the organisation direction and performance. This is made more challenging with the fluid economy and different personality dynamics within your team. How do you achieve more with less? What is your biggest challenge when leading your team? Do you want to bring your team to the next level? How do you handle an under-performing employee?
Seminar Objective:
At the end of the workshop, participants will be able to
1. Understand the difference between managing and leading
2. Acquire basic skills in mentoring
3. Develop ability to think strategically
4. Bring team members to perform at a higher level
Seminar Outline:
- Different levels of leadership
- Planning and Positioning your organisation strategically
- Communicating your Vision
- Goal Setting
- Selecting your team
- What motivates and demotivates your team
- Principle of delegation
- Fundamentals of Mentoring and Coaching
Intended Participants:
Finance Directors, financial controllers, finance mangers, executives or anyone leads a team
Methodology and learning:
The 1-day workshop is interactive and experiential, with lots of discussions and case studies.
Trainer: Mr Tan Teck Beng:
Teck Beng is a trainer, entrepreneur and coach. He brings to his training a wealth of experience from Finance, IT, Sales and Management.
Graduated from Nanyang Technological University (Singapore) with a Bachelor of Accountancy, Teck Beng started his career as a Financial Analyst for MNCs such as Hewlett Packard (HP) and Electronic Data System (EDS). He later started other businesses, including a fitness & health company and a training consultancy firm. He has developed a reputation for selling eLearning solutions, seminars and other education products as a high performance platform presenter.
Teck Beng is able to connect with his participants, and is committed to sharing his wealth of knowledge. As a professional speaker, Teck Beng has spoken in many major cities in the Southeast Asia region.
Date:
27 November 2008 (7 ICPAS CPE Hours)
Time:
9.00am to 5.00pm
Venue:
Singapore Accountancy Academy (City Campus)
6 Raffles Quay #23-00
Singapore 048580
For Registration:
Please refer to the following web-link: http://www.icpas.org.sg/cpe/public/viewSession.aspx?SeminarId=155 |
| | | The 2008 ACCA Singapore Annual Conference: Global Standards – the Business Benefits
( CPE Seminars )
More than 100 countries around the world are now using the IFRS. The Asian giants, China and India, have joined the global movement recently and the convergence of IFRS with US standards is ongoing. In recent years, we have seen an increasing emphasis on global standards – not only with respect to international financial reporting standards but also international valuation standards, audit standards; standards in education, learning and development; ethics and corporate governance standards; sustainability guidelines; and public sector reporting. This reflects a growing global network of rules and procedures which forms the intricate fabric that holds the global economy in place and allows it to operate in an efficient and effective manner.
Whether we are fully aware of it or not, accountants, auditors and CFOs operate daily in this web of standards and rules that influence and direct our many actions and decisions. We will examine the impact of global standards on businesses and accountants in this Conference which will feature a high level panel discussion that will address, among others, the following questions:
• How do global standards make businesses more efficient and effective?
• Can one size (standard) fit all?
• How do we address any negative side-effects of standardisation?
• What opportunities does global standardisation bring to businesses?
One-Stop Technical Update
In addition, participants will be updated on all significant changes in the legal, financial reporting, tax and professional practice environments, since the last Annual Conference. It will be a unique ‘one-stop’ technical update of all the relevant changes and developments during the past year which you will need to know and be apprised of in your professional work, presented by prominent experts in the relevant fields.
Date:
17 October 2008, Friday
Venue:
The Raffles City Convention Centre
80 Bras Basah Road Singapore 189560
(MRT Station: City Hall)
Time:
9.00am-5.00pm (Registration from 8am)
ICPAS members will enjoy a special price of $405
To download a copy of the conference brochure and registration form, please visit http://singapore.accaglobal.com/databases/events/singapore/171008 |
| | | Seminar on Observations by the Financial Statements Review Committee
( CPE Seminars )
The Financial Statements Review Committee (FSRC) of the Institute reviews audited financial statements with the objective of providing constructive feedback in areas where the presentation or content of the financial statements appear to fall short of compliance with the statutory requirements including the Singapore Financial Reporting Standards, the Institute’s published standards and other promulgations. The FSRC has, on an annual basis, compiled a list of frequently occurring non-compliance points which are posted on the Institute’s website. As it is a Singapore Companies Act requirement to comply with the Singapore Financial Reporting Standards, accountants preparing the financial statements and the public accountants reporting on them should keep themselves updated on the latest standards. Company directors are legally responsible for the financial statements issued by their entities and should therefore make efforts to familiarize themselves with the requirements of the standards.
The topics to be presented during this seminar will focus on specific areas in the accounting standards which members have encountered application problems and also areas that require more guidance on technical interpretation. This seminar is useful for public accountants, audit managers and seniors, company accountants, company directors and any other persons responsible for the preparation of financial statements.
Programme
> Registration: 08.30 am - 09.00 am
> Welcome Address by Ms Cheng Ai Phing, Chairperson of FSRC: 09.00 am - 09.15 am
> Observations by the Financial Statements Review Committee
by Mr Chris Choo, Partner, Mazars, Moores Rowland LLP: 9.15 am - 09.50 am
> Pitfalls on accounting for properties with reference to FRS 2, 16 and 40
by Ms Kok Moi Lre, Partner,
PricewaterhouseCoopers: 09.50 am - 10.30 am
> Coffee Break: 10.30 am - 11.00 am
> FRS 1: Presentation of Financial Statements
FRS 32: Financial Instruments: Presentation
FRS 107: Financial Instruments: Disclosures
FRS 39: Financial Instruments: Recognition and Measurement
by Mr Ho Kok Yong, Partner, Deloitte & Touche:
11.00 am - 11.40 pm
> FRS 103: Business Combinations
FRS 27: Consolidated and Separate Financial Statements,
FRS 28: Investments in Associates
by Mr Tham Chee Soon, Partner, Ernst & Young:
11.40 am - 12.20 pm
> Panel Discussion: 12.20 pm - 01.00 pm
Speakers:
Ms Cheng Ai Phing is the Chairperson of the Financial Statements Review Committee and has more than 28 years of experience in public accounting. She currently heads Deloitte & Touche LLP Singapore FRS 39 desk and is the Singapore Country Leader for Real Estate and Asset Securitisation Group. She has extensive experience in the financial audits of banks, financial institutions, MNCs and local enterprises as well as in acquisition audits, operational audits, flotation of companies, business investigations of losses and frauds and improvements in accounting and reporting systems. She is also a member of the Deloitte & Touche LLP Singapore Financial Services Industry Group.
Mr Chris Choo Chai Leong, a human resource and risk assessment partner of Mazars Singapore, has more than 14 years of experience in public accounting in Singapore. His work includes auditing, forensic investigation, due diligence procedures, IPO engagement and audits of listed company in Singapore and America. He has also made presentations for ACCA students in Singapore and conducted performance audit seminars for auditors of the Vietnamese Government.
Mr Ho Kok Yong has more than 14 years of experience in public accounting in Singapore and Australia which include the audits of educational institutions, financial institutions and companies in the electronics, manufacturing, property development and trading sectors. He is also experienced in due diligence reviews for acquisition of financial institutions, companies and product brand names, IPO work, special investigation audits, information system audits and consultancy work. Mr Ho is a regular speaker at conferences organized by Deloitte & Touche and CPA Australia on topics such as IAS 32 and 39. He also leads IAS 39 implementation projects. Mr Ho is also the Examiner for the Audit & Assurance module of the ICPAS Professional Examinations.
Ms Kok Moi Lrehas over 17 years of experience in public accounting. She is currently a member of the PricewaterhouseCoopers (PwC) global network of accounting specialists under International Financial Reporting Standards and leads the Accounting Consulting Services in PwC Singapore in providing accounting advisory services to both internal and external clients. Being the Accounting Technical Partner of PwC Singapore, Moi Lre also develops guidance, training materials and has spoken and written on many occasions on matters relating to corporate reporting. Prior to assuming the current role on a full-time basis, Moi Lre has extensive experience in auditing, due diligence reviews, IPO work and other advisory services of listed companies in the telecommunications, hospitality, construction industries and financial institutions.
Mr Tham Chee Soon has more than 20 years of professional experience, with the Ernst & Young offices in Singapore, Moscow and Boston. Chee Soon is also a CFA charterholder. He is the audit partner for several listed companies and MNCs in various industries, including hotel, technology, shipbuilding, property development, pharmaceutical and insurance. At Ernst & Young Singapore, Chee Soon is responsible for learning and development for the Assurance professionals. He also is a member of Ernst & Young's Pharma/BioTech IFRS Workgroup.
Ms Cheng Ai Phing is the Chairman of the Financial Statements Review Committee and the rest of the speakers are members of the Committee.
*Limited complimentary car park coupons are available on first-come-first-serve basis.
Date:
16 October 2008, Thursday (3.5 ICPAS CPE hours)
Time:
9am to 1pm
Venue
Mandarin Oriental Singapore Oriental Ballroom
5 Raffles Avenue, Marina Square
Singapore 039797 |
| | | Seminar: Selected Topics on New Financial Reporting Standards
( CPE Seminars )
Seminar Objective:
To discuss the major provisions of some selected new/revised FRS effective in 2009
Seminar Outline:
- FRS 1 (2009)
- FRS 23 (2009)
- IAS 27 (2009) and IFRS 3 (2009)
Intended for:
Accountants and Auditors
Speaker:
Assoc Professor Ng Eng Juan
For Registration:
Please refer to the following web-link: http://www.icpas.org.sg/cpe/public/viewSession.aspx?SeminarId=161 | | |
|
|
|
 |
|