Charities Accounting Standard and its Application

Course Code:


Course Category:

Corporate Functions

Duration (hours):


Fees (Please note that the fees listed are for your reference only. The final course fee may vary.)
Name Fee (Excludes GST) Fee (Includes GST)
Nett Fee (after SSG funding) $ 70.00 $ 74.90
Course Fee (Before Funding) $ 700.00 $ 749.00
Course Fee (After 80% funding from VCF) $ 70.00 $ 74.90


The Accounting Standards Council (ASC) had issued the Charities Accounting Standard (CAS), which is tailored to meet the needs of the charity sector and its stakeholders. The standard will make financial reporting simpler and more relevant for charities while enhancing disclosures for greater transparency. The course equips the learner with knowledge on how to distinguish between the requirements of the CAS and the Financial Reporting Standards (FRS) and apply the principles underlying the preparation of the Statement of Financial Activities (SOFA).

Target Participants:

All financial and accounting professionals of charities tasked with the preparation of the charities’ financial statements. Accounting background is a pre-requisite to enrol into this programme.

Learning Outcome:

By the end of the course, participants will be able to:

1. Interpret the different application of CAS and FRS

2. Examine the purposes/uses of various types of funds

3. Prepare statement of financial activities based on the CAS


Mode of delivery:
Please note that this course will be conducted online via Zoom (click to learn more about Zoom). Successful applicants will be able to access and download course materials from LearningCloud upon course confirmation. They will also be given the URL to join the Zoom course session with a unique password via email. Participants will be required to use their Name (as per NRIC) as the Zoom ID to be given access to the Zoom course session and will have to enable video view while the session is in progress.
As part of SSG's requirements, the training session(s) will be recorded for audit purposes. Please ensure that your camera is turned on throughout the session(s). By agreeing to attend this course, you are deemed to have consented for your participation to be recorded.

Assessment will face-to-face held at SSI Successful applicants are required to sit for the assessment on a separate day, to be further advised by SSI.

This course includes assessment components. Assessment may be conducted during and/or after the course. As there is an assessment component for this course, grading and processing of results can only take place after course completion. Learners who pass the assessment(s) will be awarded with an electronic Certificate of Achievement from SSI. You will receive an email notification when your e-Cert is ready for download in your NCSS e-Services account.

Participants are required to bring along a calculator and samples of financial statements.

Fee Remarks:

SSG funding is available for Singapore Citizens and Permanent Residents only. For more information on SSG Training Grants, please visit:
SkillsFuture Singapore Funding.
SkillsFuture Credit.

VCF funding is available for foreigners who are staff of member VWOs of NCSS via Direct Training Application.

Terms and conditions apply. Applicants of above training grants should inform SSI upon submission of your application.

Trainer Profile:

Mr Suhaimi Salleh is Chief Executive Officer of a consulting/accounting firm providing professional management consulting, training, auditing and accounting services to corporate and individual clients. He has more than 30 years of post-graduate experience in audit, accounting, financial management, corporate planning and human resource management. Mr Suhaimi has vast experience conducting training and consulting assignments for major private and public sector organizations and facilitates SSTI’s courses on ‘Financial Accounting and Application for Non-Finance Professionals of NPOs’ and ‘Budgeting for Charities’. Mr Suhaimi is also active in the NPO and charity sector, serving in government, academic and non-profit organisation committees such as the Charity Council, Ngee Ann Polytechnic, Institute of Management Consultants and PMBM Scholarship Fund Board.

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