ACE STARTUPS X CAS TRUST PAC Workshop Banner Image

ACE STARTUPS X CAS TRUST PAC Workshop

Understanding Intangibles and Employees Stock Options and their impact on Financial Statements

Thursday, Jan 10, 2019, 08:45 am - 01:00 pm

ACE Ideation Centre, 79 Ayer Rajah Crescent #01-13 JTC LaunchPad @ one-north, , , Singapore
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Event: ACE STARTUPS X CAS TRUST PAC Workshop

Venue: ACE Ideation Centre 79 Ayer Rajah Crescent #01-13 JTC LaunchPad @ one-north

Date: 10 Jan 2018 (Registration starts at 8:45am)

Trainer: Koh Wee Kwang

Understanding Intangibles and Employees Stock Options and their impact on Financial Statements for Businesses & Companies

Investment in intangibles, like design, branding and software has increased exponentially in the recent years. Similarly, stock options are becoming an increasingly important part of the variable pay plan. The half-day training workshop is aim at equipping the start-up founders to better understand the impacts of intangibles and stock options on the financial statements for Businesses & Companies so as to exploit the characteristics of the intangibles and stock options to grow your businesses.

Who Should Attend?

This workshop is suitable for all entrepreneurs from every industry.

Open to all ACE Startups Members ONLY.

If you are not a member yet, feel free to sign up herehttp://tinyurl.com/acestartups (Membership is free!)

 

Trainer’s Profile

Koh Wee Kwang Director, CA TRUST PAC

Wee Kwang has been a finance professional for more than 19 years, and his main areas of expertise include financial statements reporting, corporate governance review, Enterprise Risk Management (ERM) and internal auditing. He is currently an Audit Director with CA TRUST PAC.

Wee Kwang serves a wide range of clients in Singapore including educational institutions, non-profit organisations, SMEs, MNCs as well as public companies listed on the SGX. He has also facilitated numerous programmes (both financial and non-financial) with the National Community Leadership Institute (NACLI) and Kaplan Professional.

Wee Kwang’s strength as a trainer lies in his ability to simplify complex financial concepts for his trainees. By adopting a variety of interactive approaches, he ensures that his training is well-suited to every individual trainee’s different learning style.

Qualifications and Professional Associations

Practicing member of the Institute of Singapore Chartered Accountants (ISCA)

Certified Internal Auditor (CIA), Institute of Internal Auditors (IIA)

Certified Sustainability Reporting Specialist (CSRS), Institute of Certified Sustainability Practitioners (ICSP)

Advanced Certificate in Training & Assessment (ACTA), Institute of Adult Learning (IAL)

Licensed Practitioner of Neuro-Linguistic Programming (NLP)

 

Workshop Programme
Registration 8.45am – 9:00am
Session 1 9.00am – 10.30am
  • Introduction to Intangibles and Employees Stock Option Plan (ESOP)
  • Understanding their accounting impacts on the financial statements
Tea-Break 10.30am – 11.00am
Session 2 11.00am – 12.30pm
  • Understanding the linkage for the different components in the financial statements
    • Myth of “Profits” but “Where is the Cash?” Turnover is vanity, profit is sanity and cash is reality
  • Understanding the implication of Auditor’s Independent Report
    • Difference between an Unqualified, Emphasis of Matter (‘EOM”), Qualified, Adverse and Disclaimer Audit
Session 3: Summary and Q&A 12.30pm – 1.00pm
End of workshop 1.00pm

 

Do ensure that you turn up for the event once you have signed up.

The event organiser reserves the right to refuse entry to future ACE events should members fail to turn up without prior notice.

 

RSVP by 2nd Jan

 

Organised By

 

About ACE

ACE is a national private organisation to drive entrepreneurship and innovation in Singapore by playing a key role in building a dynamic and sustainable startup ecosystem in Singapore. ACE supports startups across all stages and focuses on three strategic areas:

  • Driving co-innovation between startups and enterprises
  • Helping startups to scale and internationalise
  • Building an access hub of connected ecosystems across countries
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