SR 4.4 @School of Economics & Social Sciences
Level 4, SESS, Singapore Management University
90 Stamford Road
S(178903)

*Kindly note that lunch and carpark charges are excluded

Download registration form for GST Workshop on 22 Mar 2012

TAKX Solutions has specially crafted the "Mastering the Basic & Intermediate Concepts of GST" workshop to equip participants with the knowledge and understanding to effectively apply the concepts of GST into their area of work.

This professional class is especially relevant to newly GST-registered businesses yet to file their returns, and to staff not familiar with proper GST taxation and treatment. It is also ideal for current finance/accounting staff as a refresher and it is an ideal platform to clarify their doubts.

Key Topics Covered During the Class:

Basic Concepts
* Overview of GST * Types of Supply * Output Tax versus Input Tax * Time of Supply * Tax Invoice & Receipts * Credit Notes & Debit Notes * Claiming of Input Tax * Pre-Registration Input Tax Claims * Disallowed Input Tax Claims * Imports * Correcting Mistakes in Import Declaration * Transhipments & Free Trade Zones * Record Keeping * Completing the GST F5 * When do you need a GST F7 * Penalties Imposed by IRAS

Intermediate Concepts
* Foreign Currency Invoice * Bad Debt Relief Claim * Fringe Benefits * Major Exporter Scheme (MES) * Exports & Exports Scenarios * International Services * Reimbursements vs Disbursements * Change of Business Details

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SR 3.10@School of Economics & Social Sciences
Level 3, SESS, Singapore Management University
90 Stamford Road
S(178903)

*Kindly note that lunch and carpark charges are excluded

Download registration form for Corporate Tax Workshop on 28 March 2012

With an emphasis on tax planning, The "Fundamentals of Corporate Tax" workshop is crafted to help participants review the fundamentals of Singapore corporate tax concepts and mechanisms and learn to apply them successfully in their everyday business. Practical examples, illustrations and case studies will be used to enable participants to relate and apply to real life tax situations.

By the end of this professional class, participants will be able to:

1) Be aware of the major changes & topical points that have arisen over recent months;
2) Understand the key features of the Singapore tax system; and
3) Take an active stance in planning taxation so that it becomes a reasonable expense to the company, rather than an unreasonable burden.

Key Topics Covered During the Class:

Overview of Singapore Tax System * Introduction to Singapore income tax system * Administration Matters * Administration and assessment procedures * Offences, penalties and appeals procedures * Objections and appeals * Taxation Concepts
* The charging section * Badges of trade * Income vs capital and source of income * Prohibition and Deductibility of Expenses * General rules of deductibility of expenses *Further deductions * Productivity & Innovation Credit * Capital allowances * Meaning of plant and machinery * s.19 and s.19A * Industrial building allowances * Losses and Capital Allowances * Carry forward of unutilised losses and capital allowances * Carry back of unutilised losses and capital allowances * Group relief * Withholding Tax * Double Taxation Relief * Pro Forma Tax Computation * Basic Tax Planning

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To be announced

*Kindly note that lunch and carpark charges are excluded

The "Understanding Employee Taxation" workshop is designed for both employers and their employees. It aims to help participants understand the Singapore income tax rules relating to the taxation of employment income and equip them with the knowledge to design a tax-efficient remuneration package for their employees. Emphasis is placed on helping companies comply with the reporting requirements so as to avoid unnecessary penalties for non-compliance. Practical examples, illustrations and case studies will be used to enable participants to relate and apply to real life tax situations.

Key Topics Covered During the Class:

* Source of Employment Income * Tax Residency * Gains/Profits from Employment * Taxation of Fringe Benefits & Perquisites * Taxation of Employee Stock Option & Ownership Plans * Taxation of Offshore Income & Benefits * Special Schems: NOR< Area Representative, SRS * Dual Employment Arrangements * Tax-exempt Income * Tax Exemption & Reliefs under Tax Treaties * Personal Reliefs & Rebates * Tax Compliance: Forms IR8A & IR21 *

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To be announced

*Kindly note that lunch and carpark charges are excluded

The "Understanding Financial Statements for Non-Finance Personnel" workshop is designed to provide basic knowledge of accounting and finance for executives and managers in marketing, operations, HR & IT, entrepreneurs and self-employed professionals with non-finance background. It demystifies finance by explaining simply and clearly what the key financial statements mean, how they work and relate to each other and how to apply key management ratios to evaluate the strengths and weaknesses of the business operations.

As the focus is on the decision-making process, participants will not be required to understand the book-keeping process and the preparation of financial statements. Instead, upon completing the workshop, they will gain the know-how to apply various analytical techniques to examine the performance of the business operations. Published accounts of public-listed companies and corporate development, both local and overseas, will be used to facilitate practical learning.

Key Topics Covered During the Class:

Learning about Financial Statements
* Nature & role of accounting * Desirable qualities of a financial report * Accounting as an information system * Financial & management accounting compared * Fundamental accounting assumptions * Accounting policies * Objectives of financial statements: User groups & their areas of interest

Basic Financial Statements
Balance Sheet * Source & use of funds approach * Vertical format presentation * Current assets * Fixed assets * Liabilities * Shareholders' funds * Capital employed * Net worth * Working capital * Long & short balance sheet analysis * Profit & Loss Account * Timing adjustments * Distribution or appropriation of profits * Cash Flow Statement * Operating cash cycle * Relationship between depreciation & cash flow * Non-operating cash outflows & inflows

Interpreting Auditors' Reports
* Objectives & scope of audit * Reasonable assurance * True & fair view * Auditors' opinion: Unqualified, emphasis of matters, qualified, disclaimer, adverse opinion

Analysing Performance of an Enterprise
Liquidity Ratios * Importance of liquidity * Application, case studies & interpretation techniques * Profitability Ratios * Importance of profitability * Return on investment * Drivers of margin on sales * Drivers of sales to total assets * Operating profit model * Application, case studies & interpretation techniques * Solvency Ratios * Importance of solvency * Application, case studies & interpretation techniques * Asset Management * Ratios * Importance of asset management * Application, case studies & interpretation techniques * Stock Market Ratios * Application, case studies & interpretation techniques

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To be announced

**Kindly note that lunch and carpark charges are excluded

The series of new or revised accounting standards in recent years has led to the current Financial Reporting Standards (FRS) in Singapore being very different from those that prevailed merely a few years ago. The "Updates on Financial Reporting Standards (FRS)" workshop is designed to arm participants with a good understanding of the recent changes and amendments to the FRS which are effective for the financial periods beginning on or after 1 July 2009.

Key Topics Covered During the Class:

* Revised FRS 24: Related Party Disclosures (effective 1 Jan 2011) * Amendments to FRS 32: Financial Instruments Presentation (effective 1 Feb 2010) * Amendments to FRS 39: Financial Instruments, Recognition & Measurement (effective 1 Jul 2009) * Amendments to FRS 102: Share Based Payments (effective 1 Jan 2010) * Interpretation to FRS 117: Distributions of Non-Cash Assets to Owners (effective 1 Jul 2009) * Interpretation to FRS 118: Transfer of Assets from Customers (effective 1 Jul 2009) * Intepretation to FRS 119: Extinguishing Financial Liabilities with Equity Instruments (effective 1 Jul 2010) * General Amendments: Improvements to FRS 2009 effective 1 Jul 2009 & 1 Jan 2010 - Summary of the Amendments to the 12 FRSs *

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To be announced

*Kindly note that lunch and carpark charges are excluded

Under the Companies Act, dormant and private exempt companies with an annual revenue below S$5m are not required to have their accounts audited. However, such companies must continue to maintain proper accounting records and prepare "true and fair" financial statements in accordance with the Financial Reporting Standards (FRS). Failure to maintain proper accounting records could result in Directors being fined up to S$2,000 or imprisoned for a term of up to 3 months in addition to a default penalty. Directors could also be fined up to S$50,000 if the financial statements do not comply with the FRS.

Covering the essential FRSs, the "Preparing Unaudited Financial Statements" workshop is designed to equip participants with the knowledge to prepare "true and fair" financial statements that comply with the FRS.

Key Topics Covered During the Class:

* FRS 1: Presentation of Financial Statements * FRS 7: Cash Flow Statements * FRS 8: Accounting Policies, Changes in Accounting Estimates & Errors * FRS 10: Events After the Balance Sheet Date * FRS 12: Income Taxes * FRS 16: Property, Plant & Equipment * FRS 18: Revenue * FRS 24: Related Party Disclosures * FRS 25 : Accounting for Investments *

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SR 3.3 @School of Economics & Social Sciences
Level 3, SESS, Singapore Management University
90 Stamford Road
S(178903)

*Kindly note that lunch and carpark charges are excluded

Download registration form for Withholding Tax Workshop on 30 March 2012

Withholding tax, a tax on payments made to non-residents including employees, business partners and overseas agents, is an area often overlooked by businesses. Gain an understanding of withholding tax and how it affects your business in the introductory "Withholding Tax" workshop that will shed light on the types of payments that are subject to withholding tax as well as the compliance requirements.

Key Topics Covered During the Class:

* Basis of Taxation of Non-Residents * Income Deemed to be Sourced in Singapore * Types of Income Subject to Withholding Tax * Withholding Tax Treatment of Active Income vs Passive Income * Withholding Tax Exemptions * Calculating Withholding Tax Accurately * Timing of Withholding & Payment to IRAS * Penalties for Non-Compliance * Voluntary Disclosure * Minimising Withholding Tax Risks * Claiming Exemptions or Reduced Rates under DTAs * Establishing Internal Controls to Track Withholding Tax Obligations * Latest Withholding Tax Developments *

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To be announced

*Kindly note that lunch and carpark charges are excluded

Gaining accounting and financial knowledge is no longer an option for today's managers and executives. They need to explore the latest ideas and concepts of investment/finance and obtain hands-on experience with the most current tools to help their organisation gain an advantage. The "Financial Management for Non-Finance Personnel" workshop delves beneath the surface into various aspects of financial management by examining tools such as financing the business, risk and return, investment appraisals, and valuation.

Key Topics Covered During the Class:

* Goals of Financial Management * Corporate Strategy & Financial Strategy * Role of Finance Function * Objectives of Business Enterprise * Wealth or Profit Maximisation - Shareholder Objectives & Agency Problem * Long Term vs Short Term Financing * Debt vs Equity Financing * Cost of Fund: Debt vs Equity * Benefit & Risk of Borrowing * Risk & Return Relationship * Time Value of Money Concept * Future & Present Value Concepts * Nature of Investment Decisions * Methods of Investment Appraisal * Accounting Rate of Return * Payback Period * Net Present Value * Internal Rate of Return *

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To be announced

*Kindly note that lunch and carpark charges are excluded

In this basic "Introduction to Consolidated Accounts" workshop, participants will go through the requirements of the Financial Reporting Standards (FRS) linked to consolidation and learn how to prepare consolidated accounts, prepare consolidation entries and practise equity accounting entries for investments in associates.

Key Topics Covered During the Class:

* What are Consolidated Statements? * Identification of a Group – What is a Subsidiary? * Presentation of Consolidated Financial Statements * Review of FRS 103 (Business Combinations) & FRS 27 (Consolidated & Separate Financial Statements) * Scope of Consolidated Financial Statements - When Can a Subsidiary be Excluded from Consolidation * The Cost of Control Account * Calculation of Partial & Full Goodwill Method of Consolidation & the Accounting Treatement * Calculation of Non-Controlling Interests * Elimination of Unrealised Profits on Inventories & Fixed Assets * Fair Value Adjustments * Equity Accounting for Investments in Associates *

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CR 4.3 @School of Economics & Social Sciences
Level 4, SESS, Singapore Management University
90 Stamford Road
S(178903)

*Kindly note that lunch and carpark charges are excluded

Download registration form for Transfer Pricing Workshop on 13 Mar 2012

Transfer Pricing refers to the pricing of goods, assets and/or funds when they are transferred within an organisation either between divisions of a company, or between companies in the same group. The "Introduction to Transfer Pricing" workshop is designed to arm participants with an understanding of the arm's length principle for transfer pricing, the various transfer pricing methods and their application, as well as the transfer pricing regime in Singapore.

Key Topics Covered During the Class:

* Definition of the Arm's Length Standard * Introduction to OECD Guidelines on Transfer Pricing * An Overview of Various Transfer Pricing Methods, their Application and Case Studies * An Overview of Singapore's Transfer Pricing Regime * Preparation of Transfer Pricing Documentation * Defending Transfer Pricing Audits in Singapore *

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SR 4.4 @School of Economics & Social Sciences
Level 4, SESS, Singapore Management University
90 Stamford Road
S(178903)

Kindly note that lunch and carpark charges are excluded

Download registration form for Internal Controls & Fraud Workshop on 28 Feb 2012

The subject of fraud protection is a source of significant concern in today's business environment. The "Internal Controls & Fraud" workshop is designed to help participants understand the nature of fraud and how it manifests itself, internal audit's role in detecting fraud, and audit steps to detect fraudulent activities.

Key Topics Covered During the Class:

* Fraud vs Error * Internal Controls - Types & Limitations * Risk Assessment * Fraud Detection * Internal Audit & Audit Evidence * Creative Accounting & Earnings Manipulation *

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CR 5.1 @School of Economics & Social Sciences
Level 5, SESS, Singapore Management University
90 Stamford Road
S(178903)

*Kindly note that lunch and carpark charges are excluded

Download registration form for Cashflow Management Workshop on 28 Feb 2012

Cash flow management will always be a significant component contributing to the success of an enterprise's operation. The "Effective Cash Flow Management, Budgeting & Analysis" workshop is designed to discuss the main features of the cash flow statement, the techniques and methods to develop cash flow budgeting and interpretation of the performance of an organisation using cash flow statements. This workshop also highlights the important considerations when performing cash flow budgeting and interpretation of cash flow statements. Practical exercises will be employed to demonstrate the development of cash flow budgets and how to conduct an analysis of an enterprise's performance using cash flow statements.

Key Topics Covered During the Class:

* Definition of Profits * Subjective Judgments Influencing the Profit Figures, Provisions & Accruals * Accounting Rules Explained: Accruals & Matching Concepts * Reconciliation Between Profits & Cash Flow Figures * Auditor's Report & Interpretations * Linking the Balance Sheet, Profit & Loss Account & Cash Flow Statement * Cash Flow from Operating Activities * Cash Flow from Investing Activities * Cash Flow from Financing Activities * Liquidity, Solvency, Profitability, Financing & Investing * Planning & Developing an Annual Budget * Forecasting & Projection of Future Activities: Operating, Investing & Financing * Preparing Operating Activity Budgets * Preparing Cash Flow Budget * Key Consideration in Cash Flow Management * Factors to Consider when Designing an Effective Cash Flow System *

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To be announced

*Kindly note that lunch and carpark charges are excluded

The Singapore Accounting Standards Council (ASC) will be adopting the IFRS for Small and Medium-sized Entities. To be called the SFRS for Small Entities, it will be applied for financial periods beginning on or after 1 January 2011. An entity is eligible to use the SFRS for Small Entities if: (i) it is not publicly accountable and publishes general purpose financial statements for external users; and (ii) it qualifies as a Small Entity by virtue of it satisfying 2 out of the following 3 criteria: (a) annual revenue below S$10m; (b) gross assets below S$10m; (c) headcount below 50. The "Financial Reporting Standard for Small Entities" workshop is designed to update participants on the measurement and presentation requirements of this new standard as well as compare the differences with the Full FRS requirements.

Key Topics Covered During the Class:

* FRS 1: Small & Medium-sized Entities * FRS 4: Statement of Financial Position * FRS 5: Statement of Comprehensive Income & Income Statement * FRS 6: Statement of Changes in Equity & Statement of Income & Retained Earnings * FRS 7: Statement of Cash Flows * FRS 8: Notes to the Financial Statements * FRS 9: Consolidated & Separate Financial Statements * FRS 10: Accounting Policies, Estimates & Errors * FRS 11: Basic Financial Instruments * FRS 12: Other Financial Instruments Issues * FRS 13: Inventories * FRS 14: Investments in Associates * FRS 16: Investment Property * FRS 17: Property, Plant & Equipment * FRS 18: Intangible Assets Other Than Goodwill * FRS 19: Business Combinations & Goodwill * FRS 20: Leases * FRS 21: Provisions & Contingencies * FRS 23: Revenue * FRS 25: Borrowing Costs * FRS 27: Impairment of Assets * FRS 29: Income Tax * FRS 30: Foreign Currency Translation * FRS 35: Transition to the IFRS for SMEs *

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To be announced

*Kindly note that lunch and carpark charges are excluded

When it comes to import and export, documentation is key. The "Import and Export Procedures & Documentation" workshop is designed to help you understand the effectiveness of such procedures to deal successfully with banks, freight forwarders, custom brokers and foreign customers. Find out how to use the necessary documents to obtain the greatest cost benefit for your company and timely execution of your order. On completion of this two-day workshop, participants will gain confidence in dealing with difficult export and import situations, be able to reduce export and import transaction costs by targeting and eliminating common problems, as well as gain a wealth of practical and helpful tips to save valuable time and resources.

Key Topics Covered During the Class:

* Import & Export Procedures * Trade Terms * Cost Factors of Import-Export Goods * Commercial Documents: International Trade * Shipping Commercial Documents * Chartering * Air Freight Commercial * Insurance: Marine & Cargo * Methods & Tools in Importing & Exporting * Portnet vs Tradenet * For a comprehensive overview, please refer to registration form for expanded list of topical coverage

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CR 4.3 @School of Economics & Social Sciences
Level 4, SESS, Singapore Management University
90 Stamford Road
S(178903)

*Kindly note that lunch and carpark charges are excluded

Download registration form for Costing & Budgeting Mgmt Workshop on 20 March 2012

A company cannot plan unless it understands its costs. By understanding the various facets of the cost accounting process, managers and executives will be able to create an efficient cost analysis system to better control and measure an enterprise's business function and bottom line.

The "Effective Costing & Budgeting Management" workshop is designed to discuss the main features of cost and management accounting and its applications in a business enterprise. It is essential for managers and executives of a firm to know how cost accounting information can be organised, so that quality decisions can be made.

As the focus is on the decision-making process, participants will not be required to understand the book-keeping process and the preparation of financial statements. Instead, upon completing the workshop, they will gain the know-how to apply various analytical techniques to make quality decisions.

Key Topics Covered During the Class:

Overview of Cost & Management Accounting
* Differences between financial accounting & management accounting * Differences between marginal costing & absorption costing * Concepts of relevant costs * Benefits of standard costing & budgetary costing

Budgeting & Variance Analysis
* Interpretation, investigation & limitations: labour & materials

Cost Volume Profit (Break Even) Analysis
* Cost behaviour * Fixed costs, variable costs & semi-variable cost * Break-even analysis * Contribution * Margin of safety

Short-term Decision-making
* Decision criteria; applications * Acceptance of special contracts * Most efficient use of scarce resources * Make or buy decisions * Closing or continuance of a section/product

Activity-based Costing
* Characteristics & applications * Activity-based costing with case studies

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To be announced

*Kindly note that lunch and carpark charges are excluded

Key Topics Covered During the Class:

Deferred Tax in Separate Financial Statements
* Components of income taxes * Principles of deferred tax * Calculating deferred tax * Temporary differences * Deferred tax issues relating to assets * Deferred tax issues relating to liabilities * Exemptions from recognition of deferred tax liabilities

The Treatment of Deferred Tax in Consolidated Financial Statements
* Fair value adjustments & goodwill * Additional assets & liabilities that are recognised on consolidation * Consolidated adjustments * Deferred tax asset arising from unrecognised tax losses of the acquiree * Deferred tax asset arising from unrecognised tax losses of the acquirer * Undistributed profits in subsidiaries, associates & joint ventures

Recognition of Deferred Tax Assets on Unused Tax Losses & Tax Credits

Measurement Issues
* Tax rates in measuring current & deferred taxes * Presentation & disclosure requirements of current & deferred taxes

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CR 4.3 @School of Economics & Social Sciences
Level 4, SESS, Singapore Management University
90 Stamford Road
S(178903)

*Kindly note that lunch and carpark charges are excluded

Download registration form for BL Workshop on 27 March 2012

The "Understanding Bills of Lading & Transport Documents" workshop is designed to equip participants with the knowledge and skills required to examine and fully understand Bills of Lading and associated transport documents. Armed with a good understanding, participants will be able to avoid and resolve discrepancies when handling bills of lading called for in an LC pertaining to UCP 600.

Key Topics Covered During the Class:

* Significance of Bills of Lading * Essential Contents of Bills of Lading * Functions of Bills of Lading * Parties to a Bill of Lading * Shipped On Board/Shipped Explained* Received for Shipment Explained * Shipped On Deck Bill of Lading Explained * Clean BIll of Lading Explained * Types of Bills of Lading * Singapore's Shipping Laws * Security of Bills of Lading * Bill of Lading vs Airway Bill * UCP 600 & Transport Documents * For a comprehensive overview, please refer to registration form for expanded list of topical coverage

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To be announced

*Kindly note that lunch and carpark charges are excluded

Incoterm, the standardised trade terms commonly used in international sales contracts, are updated every 10 years by the International Chamber of Commerce. Incoterm 2010 brought changes that have been effective since 1 January 2011. The "Understanding Incoterm 2010" workshop will give you an update of the changes to Incoterm and help you: (1) gain knowledge on drafting a sales contract in relation to Incoterm and international sales law; (2) understand the uses and mechanics of Incoterms; (3) enhance awareness ofthe obligations and risks of buyer and seller in various Incoterms; and (4) avoid misunderstandings when handling Incoterms in a sales contract.

Key Topics Covered During the Class:

* The Sales Agreement & CISG * Applying Incoterm 2010 to Contracts * Choosing an Appropriate Incoterm rule * Specifying Place/Port Precisely * Do Incoterm Rules Cover Complete Terms of a Sales Contract? * Explanation of Terms Used in Incoterm 2010 Rules * New Incoterm Rules DAT & DAP * Classification of the 11 New Incoterm 2010 Rules * Rules for Domestic & International Trade * Incoterm Rules & Insurance * Security-Related Clearances * Terminal Handling Charges * String Sales * Variants of Incoterm Rules

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SR 3.10@School of Economics & Social Sciences
Level 3, SESS, Singapore Management University
90 Stamford Road
S(178903)

*Kindly note that lunch and carpark charges are excluded

Download registration form for FRS Workshop on 23 March 2012

In this intermediate level "Review of Key FRSs" workshop, participants will go through a comprehensive review of the main requirements and application of major Financial Reporting Standards (FRSs). The workshop will include detailed illustrative examples and practical hands-on exercises to equip participants with a competent knowledge of the standards covered.

Key Topics Covered During the Class:

* FRS 1: Presentation of Financial Statements * FRS 2: Inventories * FRS 8: Accounting Policies, Changes in Accounting Estimates & Errors * FRS 10: Events after the Reporting Period * FRS 11: Construction Contracts * FRS 12: Income Taxes * FRS 16: Property, Plant & Equipment * FRS 17: Leases * FRS 18: Revenue * FRS 20: Accounting for Government Grants & Disclosure of Government Assistance * FRS 21: The Effects of Changes in Foreign Exchange Rates * FRS 23: Borrowing Costs * FRS 24: Related Party Disclosures * FRS 32: Financial Instruments: Presentation * FRS 36: Impairment of Assets * FRS 37: Provisions, Contingent Liabilities & Contingent Assets * FRS 38: Intangible Assets * FRS 39: Financial Instruments: Recognition & Measurement * FRS 40: Investment Property * FRS 103: Business Combinations * FRS 105: Non-Current Assets Held for Sale & Discontinued Operations *

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To be announced

*Kindly note that lunch and carpark charges are excluded

A letter of credit (LC) is a commonly used instrument for effecting payment between a buyer and a seller. It can be a vital part of mitigating a seller's risk of payment in either international trade or domestic business. The two-day "Understanding Letters of Credit" workshop is designed to equip participants with a good understanding of the technical elements involved in the usage of the LC and help avoid costly errors that could lead to non-payment. The workshop is case-based, interactive and highly practical.

Key Topics Covered During the Class:

* Overview of LCs * Role of Banks in LCs * LCs: How They Work, Types of LCs & Technical Variations * Opening an LC Based on a Sales Contract: Essential Requirements by Banks & Key Terms & Conditions * Reviewing an Export LC * Reviewing Documents Presented Under an Export LC * Avoiding & Resolving Discrepancies Under an Export LC * Understanding Shipping Terms in Relation to LCs * Uniform Customs & Practices for Documentary Credits *

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To be announced

*Kindly note that lunch and carpark charges are excluded

Cash flow statements are an integral part of annual financial statements. The "Preparing Cash Flow Statements" workshop will familiarise participants with the essential techniques used in the preparation of cash flow statements to meet the requirements of FRS 7. The workshop will include detailed illustrative examples and practical hands-on exercises.

Key Topics Covered During the Class:

* Benefits of preparing cash flow statements * Who needs to prepare cash flow statements * Discussion of FRS 7 requirements * Format of cash flow statements using direct & indirect methods * Cash flows from operating, investing & financing activities * Cash & cash equivalents * Interest paid * Accounting for acquisition & disposal of subsidiaries * Non-cash transactions * Foreign currency cash flows * Disclosure requirements *

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To be announced

*Kindly note that lunch and carpark charges are excluded

Transfer Pricing refers to the pricing of goods, assets and/or funds when they are transferred within an organisation either between divisions of a company, or between companies in the same group. Building on our foundational "Introduction to Transfer Pricing" workshop, this "In-Depth Transfer Pricing" workshop is designed to provide participants with an in-depth understanding on additional topics related to transfer pricing.

Key Topics Covered During the Class:

* Transfer pricing for intellectual property transactions * Cost sharing arrangements * Transfer pricing for tax planning * Update on transfer pricing & expected developments in Asia * Managing transfer pricing complexities across various jurisdictions *

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