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  • BDO Financial Reporting Standard (FRS) Virtual Workshop 2022

    Module 1: Are Your Ready To Embark On Your Sustainability Reporting Journey?
    Module 2: Financial Reporting Standards Updates & Cash Flow Statement (Common Errors)

BDO Financial Reporting Standard (FRS) Virtual Workshop 2022

Date: Module 1: 6 Oct 2022 | Module 2: 13 Oct 2022
Time: 9:00 am to 11:30 am (SGT)


  • Workshop Details

BDO Singapore is pleased to invite you to join our interactive virtual workshop tailored to your accounting needs and prepare you for the upcoming reporting season. Our local panel of Sustainability Reporting experts, IFRS specialists and experienced audit partners/directors will conduct these virtual workshop.

Module 1: Are You Ready To Embark On Your Sustainability Reporting Journey?

Developments in sustainability reporting have moved at an unprecedented pace in recent months and years. The demand for sustainability disclosures to be made by entities in a globally consistent manner has become a priority for the investor community as well as various levels of government worldwide. We have seen it evolve from CSR (Corporate Social Responsibility), which generally refers to the practices and policies that a company adopts to promote positive impact, to ESG (Environmental, Social, Governance), which is a metric-based reporting process that promotes the ongoing process of assessing, monitoring and improvement.

Given the greater emphasis by stakeholders on sustainability and the government’s effort in driving the change, we will take the opportunity to provide a brief overview of the ESG reporting environment in Singapore and how the company is able to incorporate sustainability practices and add value across the business. 

Although the current accounting standards do not explicitly refer to climate-related matters, many requirements in existing standards may indirectly require their consideration. We will cover the financial reporting implications and its recent development in relation to ESG.

Module 1:  6 October 22, Thursday 9 am to 11:30 am (SGT)

  • ESG & Sustainability Reporting environment and development in Singapore
  • Climate change and its financial reporting implications
    • Key considerations under current accounting standards
    • International Sustainability Standards Board (ISSB) development and exposure draft

Module 2: Financial Reporting Standards Updates & Cash Flow Statements (Common Errors)

Although there are no significant new accounting standards in the upcoming reporting season, there are some recently issued IFRS Interpretation Committee Agenda Decisions and Amendments to existing accounting standards. Therefore, companies must prepare and allocate necessary resources to ensure compliance with these financial reporting requirements.

There are no changes to SFRS(I) 1-7 Statement of Cash Flows, and definitions of operating, financing and investing activities may appear straightforward. However, in practice, a number of classification errors are frequently made. Appropriate classification of cash flow is crucial as the statement of cash flows is relied upon by various users of financial statements for decision-making. In addition, many regulators have also been emphasising the importance of the statement of cash flows and have been raising numerous findings. Hence, we will also focus on the common errors in practice in relation to the preparation of cash flows statement in this module.

Module 2:  13 October 22, Thursday 9 am to 11:30 am (SGT)

  • Periodic SFRS(I)/SFRS updates
    • Recent IFRS Interpretation Committee Agenda Decision issued
    • New Standards effective from 1 January 2022 
    • New Standards issued but not yet effective
  • SFRS(I)/SFRS 1-7 Statement of Cash Flows – common errors


Fees (inclusive of GST at prevailing rate)
S$100 (clients/alumni)/S$120 (public) per module
S$160 (clients/alumni)/S$200 (public) for both modules
Register three or more from an organisation to enjoy 10% off on your total fee.

CPE Hours
2.5 per module 

Each participant will receive
Complete presentation slides
Certificate of Attendance


The virtual workshop will be presented using Zoom Webinar and you may be required to download Zoom (Desktop/iOS/Android)

By submitting your details, you agree to us processing your data in accordance with our Data Protection Policy.


The organiser reserves the right to change the date and programme due to circumstances outside our control. 
Registration is on a first-come first-served basis and you will receive the webinar link via email (nearer the date) when your registration is accepted and full payment received.