Business Seminar (Virtual)

Financial Reporting for Preparers (FRfP): SFRS(I) Updates 2023 – Part 1: IFRIC Agenda Decisions
– Date:
Thursday, 23 March 2023
– Time:
2.30pm to 3.30pm
– CPE Hour*:
1 Hour
– Fees:
FOC for CLA Global TS clients. S$80 for non-clients

IFRS Interpretations Committee (IFRIC) has an avenue to allow any stakeholder to submit a question for consideration at a public meeting. IFRIC then decides whether a standard-setting project should be added to the work plan to address the question submitted. To explain why a standard-setting project is not added, the IFRIC publishes an agenda decision. Agenda decisions report the IFRIC’s decision and, in many cases, also include explanatory material.This workshop spotlights on Costs to Fulfil a Contract under SFRS(I) 15 Revenue from Contracts with Customers.  We will bring to your attention areas of focus, common pitfalls and to help you address practical challenges and implementation issues. IFRS Interpretations Committee (IFRIC) Agenda Decisions:

  1. Costs to Fulfil a Contract (IFRS 15)
  2. Training Costs to Fulfil a Contract
  3. Supply Chain Financing Arrangements – Reverse Factoring
  4. Costs Necessary to Sell Inventories (IAS 2 Inventories)
  5. Preparation of Financial Statements when an Entity is No Longer a Going Concern – IAS 10



Register for this webinar HERE.