ACUTUS IS HOSTING ITS ANNUAL SEMINAR FROM 2 DECEMBER 2015 TO 4 DECEMBER 2015

Seminar Leader

Mr Rick Seah, Corporate Recovery Director

Time

9.30 to 12.30 pm

Topic

Practical Issues of Insolvency

– Insolvency procedures in Singapore

– Practical issues when a company becomes insolvent

– Type of liquidations

– Judicial Management

– Q & A

Seminar Leader

Mr Jimmy Oei, Tax Director

Time

2.00 pm to 5.30 pm

Topic

The Joy and pain of operating a business in/from Singapore

– Tax advantages of operating a business in/from Singapore

– Highlight of tax benefit accorded to a person who qualified as a resident of Singapore

– Tax Challenges of operating a business in/from Singapore

– Q & A

Seminar Leader

Mr Daniel Chee

Time

9.30 am to 5.30 pm

Topic

FRS Updates

– Amendments to FRS 27 – Equity Method in Separate Financial Statements

– Amendments to FRS 16 and FRS 38 – Clarification of Acceptable Methods of Depreciation and Amortisation

– Amendments to FRS 16 and FRS 41 – Agriculture: Bearer Plants

– Improvements to FRS 105 – Changes in methods of Disposal

– Amendments to FRS 19 – Employee Benefits – Actuarial assumptions: discount rate

– Improvements to FRS 34 Interim Financial Reporting – Disclosure of information ‘elsewhere in the interim financial report’

– Amendments to FRS 110 and FRS 28 – Sale or Contribution of Assets between an Investor and its Associate or Joint Venture

– FRS 115 Revenue from contracts with customers

– FRS 109 Financial Instruments

– FRS 17 Leases – Proposed changes to lease accounting

– Q & A

Seminar Leader

Mr Daniel Chee

Time

9.30 am to 5.30 pm

Topic

Audit Procedures – Inventories

– Inventory count controls

– Audit procedures during stock count

– Common issues during stock count

• Stock count dates are not year-end dates

• 24 x 7 operations

– Pre-stock count audit procedures

– Post-stock count audit procedures

– Audit procedures to verify cost of inventories

– Audit procedures to verify net realisable value of inventories

– Requirements in SSA 501 – Audit Evidence – Specific Considerations for Selected Items

– Q & A

Dinner

Dinner and drinks will be hosted by the Management & Staff of Acutus – 6.00 pm to 9.00 pm