The Director Financial Reporting Fundamentals programme is a course to equip directors who have limited or no financial or accounting background, with up-to-date knowledge of accounting principles and practices to perform an effective high-level review of their company’s financial statements that are presented to shareholders and subsequently filed with ACRA.

17 September 2026, 1.00pm to 5.00pm (Compulsory)
18 September 2026, 1.00pm to 5.00pm (Compulsory)

 
Programme Day 1 (17 September 2026) - Compulsory

1.00pm : Welcome and overview

1.05pm        
• Directors’ duty in preparing true and fair statement
• Directors’ duty in implementing internal controls
3.00pm : Break

3.15pm
Key focus areas when reviewing financial statements (part 1)
• Impairment of assets and judgemental estimates
• Presentation of Statement Position
• Revenue – timing of recognising revenue
• Fictitious revenue and prepayment

05.00pm : End

Programme Day 2 (18 September 2026) - Compulsory

1.00pm
Key focus areas when reviewing financial statements (part 2)
• Financial statements prepared in a going concern basis
• Provision – liabilities of uncertain nature
• Disclosure in the note – credit risk, fair value measurement

3.00pm : Break

3.15pm
Key focus areas when reviewing financial statements (part 3)
• Investment in other companies’ equities
• Presentation of Statement of Cash Flow
• Common accounting mistakes

5.00pm : End of Programme

CPD Hours : 8

SID members: $675.80 (incl. 9% GST)
Non-members: $850.20 (incl. 9% GST)

SPEAKER

Edgar Wong
Tax Practitioner

Mr Edgar Wong is an accredited tax practitioner (FCCA FCA Singapore ASEAN CPA) and specialises in income tax and goods and services tax. He has held various positions in banking, insurance and property sectors over the past 30 years, and has worked in Standard Chartered Bank and NTUC Income. Through his accounting practice, he provides consultancy services to small and medium sized enterprises from the services, retail and manufacturing sectors. His areas of focus are on strategy, finance and tax issues across various jurisdictions. Mr Wong is an integral facilitator to some merger and acquisition activities, and is also an associate lecturer and corporate trainer.

Upon successful registration for the course, you are deemed to have read and accepted SID’s Terms and Conditions.