The Institute of Certified Public Accountants of Singapore (ICPAS)

The Institute of Certified Public Accountants of Singapore (ICPAS) is the national organization of the accountancy profession in Singapore. The mission of the ICPAS is "to develop, support and enhance the integrity, status and interests of the accountancy profession in Singapore".

KESDEE Inc. has established a strategic relationship with The Institute of Certified Public Accountants of Singapore (ICPAS) for distribution of financial e-Learning & Reference Solutions to CPAs in Singapore. ICPAS has approved KESDEE's entire suite of e-Learning & Reference Solutions for Continuing Professional Education (CPE) Credits.

KESDEE's suite of financial e-Learning & Reference Solutions has been re-packaged to meet the Continuing Professional Education (CPE) requirements of ICPAS. Each e-Learning course package for ICPAS consists of a maximum of three courses for which ICPAS shall issue CPE credits as per their CPE requirements.

CPE Requirements

1. As part of the requirements for public accountants to have their certificates of registration renewed, public accountants are required to maintain at least 40 CPE hours per calendar year, of which:

a. At least 30 hours must be structured; and
b. At least 15 structured hours must be in the core expertise areas of the Public Accountant Competency Map in Appendix I. Of the structured hours in the core expertise areas, at least 8 hours must be obtained through structured learning of financial and statutory reporting standards, accounting and auditing standards and pronouncements.

2. A CPE year is from 1 January to 31 December of the same calendar year.

What This Means to You?

What this means is confidence. As a provider of sponsored programs, we are committed to the highest standards of quality in financial learning.

For more information regarding administrative policies such as complaints and refunds, please contact our offices at information@kesdee.com.

The following KESDEE, Inc. online courses have been approved for continuing education credit by the ICPAS. Approved courses and credit allocations are indicated below. ICPAS's CPE credit approval does not indicate an endorsement of any kind.

ICPAS issues a CPE Credit of 1.5 Hours for each of the below mentioned Course.

Sl.No.
KESDEE's Online / e-Learning Programs
Number of Courses
Course Packages
CPE
1.
Asset Liability Management for Insurance Companies
1
a) Scope of ALM
1.5 Hours
b) Overview of ALM in Insurance Companies
c) A 9 part Framework of ALM
2
a) Strategies for ALM
1.5 Hours
b) Overview of Life, Property and Casualty Industry
c) Annuities
3
a) Actuarial Principles
1.5 Hours
b) Reinsurance
c) Insurance-Linked Securitization
4
a) Yield Curve Analysis
1.5 Hours
b) Interest Rate Gap I
c) Interest Rate Gap II
5
a) Simulation and Scenario Analysis I
1.5 Hours
b) Simulation and Scenario Analysis II
6
a) Duration I
1.5 Hours
b) Duration II
c) Duration III
7
a) Convexity
1.5 Hours
b) Basic Point Value
8
a) Value at Risk - I
1.5 Hours
b) Value at Risk - II
c) Application of Analytical Techniques
9
a) AL Organization
1.5 Hours
b) ALCO Meetings
c) ALM Policies and Procedures
10
a) Audit of ALM
1.5 Hours
b) Regulations in Insurance Industry
c) Software Applications
d) Case Study - Confederation Life Insurance
2.
Anti-Money Laundering
1
a) What is Money Laundering
1.5 Hours
b) International Initiatives
c) Customer Identification Program
2
a) USA Patriot Act
1.5 Hours
b) Wolfberg's Principles on Correspondent Banking
c) Terrorist Related Issues
3.
Asset Liability Management
1
a) Scope of ALM
1.5 Hours
b) Objectives of ALM
c) Growing Relevance of ALM
2
a) A Nine-part Framework for ALM
1.5 Hours
b) Strategies of ALM
c) Yield Curve Analysis
3
a) Interest Rate Gap Analysis I
1.5 Hours
b) Interest Rate Gap Analysis II
c) Interest Rate Gap Analysis III
4
a) Simulation and Scenario Analysis I
1.5 Hours
b) Simulation and Scenario Analysis II
5
a) Duration I
1.5 Hours
b) Duration II
6
a) Duration III
1.5 Hours
b) Duration IV
7
a) Strategies for Interest Risk Management
1.5 Hours
b) Basis Point Value
8
a) Convexity
1.5 Hours
b) Review of Statistical Concepts
9
a) Value at Risk I
1.5 Hours
b) Value at Risk II
10
a) Application of Analytical Techniques
1.5 Hours
b) AL Organization
c) ALCO Meetings
d) ALM Policies and Procedures
4.
Asset Securitization
1
a) Overview
1.5 Hours
b) Credit Enhancement
c) Ratings Approach to Asset Securitization
2
a) Residential Mortgage Backed Securities-Basics
1.5 Hours
b) Residential Mortgage Backed Securities-Prepayments
c) Residential Mortgage Backed Securities-Basic Structures
d) Residential Mortgage Backed Securities-Basic Structures
3
a) Mortgage-backed Securitization (Commercial)
1.5 Hours
b) Auto Loan Receivables Securitization
c) Credit Card Receivables Securitization
4
a) Collateralized Debt Obligations (CDOs)
1.5 Hours
b) Case Studies (CDOs, CLOs, CBOs)
c) Future Flow Receivables Securitization
5
a) Home Equity Loans
1.5 Hours
b) Insurance Risk Securitization - I
c) Insurance Risk Securitization - II
6
a) Case Studies (Non-Performing Loans)
1.5 Hours
b) Case Studies (Different Products)
7
a) Case Studies (Asia & Australia)
1.5 Hours
b) Case Studies (North America & Europe)
8
a) Healthcare Receivable Securitization
1.5 Hours
b) Asset-backed Commercial Paper
c) Project Management
9
a) Risk Management
1.5 Hours
b) Legal Aspects
10
a) Accounting
1.5 Hours
b) Tax
c) Supervision
5.
Basel-II - New Capital Proposals
1
a) Overview
1.5 Hours
b) Credit Risk -Standardized Approach
2
a) Credit Risk - IRB Approach
1.5 Hours
b) Credit Risk - Securitisation Framework
3
a) Operational Risk
1.5 Hours
b) Market Risk
4
a) Supervisory Review Process
1.5 Hours
b) Market Discipline
6.
Budgeting
1
a) Overview of budgeting
1.5 Hours
b) Types of budgets
c) Approaches to budgeting
2
a) Preparing a budget
1.5 Hours
b) Budgetary control
7.
Capital Adequacy Planning (Basel-I)
1
a) Overview
1.5 Hours
b) Credit Risk I
c) Credit Risk II
2
a) Market Risk Capital - Overview
1.5 Hours
b) Standardized measurement method
c) Internal ratings based approach
d) Economic Capital/Risk Adjusted Return on Capital (RAROC)
8.
Case Studies-Treasury Management
1
a) Treasury Management - Scope and Importance
1.5 Hours
b) Overview of Risk Management
c) Sumitomo
d) Lufthansa
e) Allied Irish Banks
2
a) P & G
1.5 Hours
b) Gibson Greetings
9.
Corporate Governance I - Introduction
1
a) Overview
1.5 Hours
b) Models and Mechanisms
c) Shareholders and Stakeholders
10.
Corporate Governance II -Roles & Responsibilities
2
a) Board of Directors
1.5 Hours
b) Audit Committee
c) Banking Corporate Governance
11.
Corporate Governance III - Implementation
3
a) Corporate Scandals
1.5 Hours
b) Best Practices
c) Corporate Responsibility
12.
Counterparty Credit Risk
1
a) Overview to Derivation Products-I
1.5 Hours
b) Overview Derivation Products-II
c) Credit Exposure
2
a) Credit Risk in Derivative Products
1.5 Hours
b) Pre-settlement & settlement risk
c) Netting
3
a) Margin and Collateral Requirements
1.5 Hours
b) Monte Carlo Simulation
c) Case Studies
13.
Credit Analysis
1
a) Overview to Credit Analysis
1.5 Hours
b) Lending Process
c) Financial Statement Analysis I
d) Financial Statement Analysis II
2
a) Non Financial Analysis
1.5 Hours
b) Asset Classification and Loan Loss Provisioning
c) Borrowing Causes and Sources of Repayment
3
a) Problem Loans
1.5 Hours
b) Consumer Installment Lending
c) Floor Plan Lending
4
a) Accounts Receivable and Inventory Lending
1.5 Hours
b) Participation Lending
c) Letter of Credit and Loan Commitments
14.
Credit Derivatives
1
a) Overview to Credit Derivatives Objective
1.5 Hours
b) Credit Risk
c) Credit Rating Dynamics
2
a) Emerging Markets
1.5 Hours
b) Classic Credit Derivatives
c) Structured Notes
3
a) Total Return Swaps
1.5 Hours
b) Repackaged Notes
c) Credit Portfolio Securitization Structures
4
a) Case Studies for CPSS
1.5 Hours
b) Credit Default Swaps
c) Case Studies for Credit Default Swaps
5
a) Credit Spread Options
1.5 Hours
b) Bank and Institutional Applications
c) Investor Applications
6
a) Corporate Applications
1.5 Hours
b) Pricing Credit Derivative Instruments
c) Risk Involved In Credit Derivatives
7
a) Documentation
1.5 Hours
b) Regulations
c) Legal Issues
d) Accounting
e) Taxation
15.
Credit Ratings
1
a) Internal Rating System
1.5 Hours
b) Internal Ratings-Based Approach
c) External Ratings
16.
Credit Risk Modeling
1
a) Conceptual Approach to Credit Risk Modeling
1.5 Hours
b) JP Morgan's Credit Metrics
c) CSFB's Credit Risk
2
a) KMV Portfolio Manager
1.5 Hours
b) Credit Portfolio View
c) Credit Portfolio Management
17.
Equity Markets
1
a) Global Equity Markets
1.5 Hours
b) Equity Valuation Models-I
c) Equity Valuation Models-II
2
a) Stock Index Futures
1.5 Hours
b) Equity Swaps
c) Equity Options
3
a) Convertibles
1.5 Hours
b) Warrants
4
a) Portfolio Management
1.5 Hours
b) Equity Structured Products
18.
Financial Accounting
1
a) Introduction to Accounting
1.5 Hours
b) Accounting Process
c) Finalization of Accounts
2
a) Financial Statement Analysis - I
1.5 Hours
b) Financial Statement Analysis - II
c) Reconciliation of Books
3
a) Depreciation Accounting
1.5 Hours
b) Inventory Accounting
c) Petty Cash Accounting
19.
Financial Institution Analysis - CAMEL Approach
1
a) Overview of CAMELS
1.5 Hours
b) Earnings Ability
c) Capital Adequacy
2
a) Asset Quality
1.5 Hours
b) Management Competence
3
a) Liquidity Risk
1.5 Hours
b) Sensitivity to Market Risk
c) Composite Rating
20.
Financial Mathematics

1

a) Time Value of Money
1.5 Hours
b) Basic Financial Measures
c) Bond Pricing
d) Yield Curve Analysis

2

a) Probability Distributions and their Properties
1.5 Hours
b) Measuring Volatility
c) Correlation and Regression Analysis
21.
Financial Privacy

1

a) Financial Privacy Regulation
1.5 Hours
b) Privacy Notices and Their Content
c) Exceptions and Reuse of Information

2

a) Exam Procedures
1.5 Hours
b) Security Guidelines
c) Section 501(b) of the GLB Act and the Management
22.
Fixed Income Markets
1
a) Fixed Income Markets - Overview
1.5 Hours
b) Bond Pricing and Yield Measures
c) Treasury Securities
2
a) Corporate Bonds
1.5 Hours
b) Global Bonds - I
c) Global Bonds - II
3
a) Duration
1.5 Hours
b) Convexity
c) Basis Point Value
4
a) High Yield Bonds
1.5 Hours
b) Brady Bonds
c) Option Embedded Bonds
5
a) Collateralized Mortgage Obligations
1.5 Hours
b) Interest Rate Swaps
c) Caps, Floors, Collars and Captions
6
a) Forward Rate Agreements
1.5 Hours
b) Bond Trading Strategies
23.
Foreign Exchange - Treasury Management
1
a) Treasury Management - Scope and Importance
1.5 Hours
b) Overview of Risk Management
c) Translation Exposure
d) Transaction Exposure
2
a) Economic Exposure
1.5 Hours
b) Case Studies - Foreign Exchange Exposure
c) Currency Risk Sharing Agreement
24.
Foreign Exchange Markets
1
a) Treasury Management-Scope and Importance
1.5 Hours
b) Overview of Risk Management
c) Overview of Foreign Exchange Market
2
a) Spot Market
1.5 Hours
b) Forward Market
c) Determination of Exchange Rates
3
a) Currency Futures
1.5 Hours
b) Currency Options
c) Currency Swaps
4
a) Second Generation Forward Contracts
1.5 Hours
b) FX Trading Controls
25.
Funding and Investments-Treasury Management
1
a) Treasury Management - Scope and Importance
1.5 Hours
b) Overview of Risk Management
c) Short-term Financing
d) Long-Term Financing
e) Money Markets
2
a) Capital Markets
1.5 Hours
b) Portfolio Management
26.
Futures and Forwards
1
a) Futures Fundamentals
1.5 Hours
b) Pricing of Futures
2
a) Commodity and Equity Futures
1.5 Hours
b) Currency Futures
3
a) Short-Term Interest Rate Futures-Euro $ and T-Bill Futures
1.5 Hours
b) Long-Term Interest Rate Futures-T-Bond Futures
c) Forward Rate Agreements
27.
Global Banking Supervision
1
a) Core Principles and Methodology
1.5 Hours
b) Supervisory Self Assessment
c) Corporate Governance in Banks
2
a) Internal Control System
1.5 Hours
b) Internal Audit in Banks
c) Supervisors and External Auditors
3
a) Operational Risk Management
1.5 Hours
b) Liquidity Management
c) Credit Risk Management
4
a) Management of Settlement Risk in Foreign Exchange
1.5 Hours
b) Trading and Derivatives Activities
c) Risk Management Principles for E-Banking
5
a) Loan Accounting and Disclosure
1.5 Hours
b) Highly Leveraged Institutions
c) Dealing with weak banks
28.
Implementation-Treasury Management
1
a) Treasury Management - Scope and Importance
1.5 Hours
b) Overview of Risk Management
c) Treasury Management Systems
d) Treasury Policy
2
a) Treasury Controls
1.5 Hours
b) Accounting for Derivatives
29.
Interest Rate Risk Management-Treasury Management
1
a) Treasury Management - Scope and Importance
1.5 Hours
b) Overview of Risk Management
c) Interest Rate Futures
d) Interest Rate Options
2
a) Interest Rate Swaps
1.5 Hours
b) Case Studies - Applications of Interest Rate derivatives
30.
Liquidity Management & Contingency Funding Plan
1
a) Role of Liquidity In ALM
1.5 Hours
b) Liquidity Crises - Case Studies
2
a) Liquidity Measurement Systems 1
1.5 Hours
b) Liquidity Measurement Systems 2
c) Liquidity Measurement Systems 3
3
a) Practical Tools and Techniques
1.5 Hours
b) Liquidity Strategies 1
c) Liquidity Strategies 2
4
a) Trading Liquidity Risk 1
1.5 Hours
b) Trading Liquidity Risk 2
5
a) Trading Liquidity Risk 3
1.5 Hours
b) Trading Liquidity Risk 4
6
a) Contingency Funding Plan 1
1.5 Hours
b) Contingency Funding Plan 2
31.
Market Risk (Advanced Level)
1
a) Description of Advanced VaR models
1.5 Hours
b) Advanced Measuring Volatility and Correlation
2
a) Advanced Scenario Analysis and Stress Tests
1.5 Hours
b) Risk Adjusted Performance Measurement
32.
Market Risk (Basic Level)
1
a) Interest Rate Risk
1.5 Hours
b) Liquidity Risk
c) Equity Risk
2
a) Portfolio Risk
1.5 Hours
b) Foreign Exchange Risk
c) Commodity Risk
3
a) Regulatory Issues
1.5 Hours
b) Value at Risk
33.
Market Risk (Intermediate Level)
1
a) Emerging Market Risk
1.5 Hours
b) Market Risk Models
c) Stress Testing
2
a) Supervisory Requirements
1.5 Hours
b) Risk Management Systems
3
a) Case Study - Orange County
1.5 Hours
b) Case Study - Barings Bank
c) Case Study Metallgesellshaft
34.
Money Markets
1
a) Overview to Money Markets
1.5 Hours
b) Instruments of Money Markets
c) Arithmetic for Money Markets
2
a) Money Markets Deposits
1.5 Hours
b) Certificates of Deposit
c) Repurchase Agreements (Repos)
3
a) Treasury Bills
1.5 Hours
b) Bills of Exchange
c) Commercial Paper
35.
Operational Risk Management
1
a) Introduction to Operational Risk
1.5 Hours
b) Basic Concepts
c) Regulatory Treatment of Operational Risk under Basel-II
2
a) Operational Risk in Various Banking Sectors
1.5 Hours
b) Operational Risk in Insurance
c) Developing Objectives and Identifying Risks
3
a) Estimating Potential Losses - Data
1.5 Hours
b) Estimating Potential Losses - Loss Distributions
c) Analyzing Risks
4
a) Loss prediction and prevention
1.5 Hours
b) Loss Control
c) Loss reduction and risk avoidance
5
a) Risk Financing
1.5 Hours
b) Measurement Framework
c) ORM in practice
6
a) Enterprise-Wide Risk Management (ERM)
1.5 Hours
b) Basic and Casual Models
c) Legal Risk and Taxation Rules
7
a) E-Banking
1.5 Hours
b) Systems and Software
c) Case Study - Barings Bank
36.
Options
1
a) Options - Fundamental
1.5 Hours
b) European Option Pricing
c) Options-The Greeks
2
a) Options-American Style
1.5 Hours
b) Trading Strategies
c) Interest Rate Options
3
a) Currency Options
1.5 Hours
b) Swaptions
4
a) Options of Futures
1.5 Hours
b) Exotic Options
37.
Swaps
1
a) Swaps - Fundamentals
1.5 Hours
b) Interest Rate Swaps
2
a) Currency Swaps
1.5 Hours
b) Commodity Swaps
3
a) Equity Swaps
1.5 Hours
b) Interest Rate Swap Variants
c) Swaptions
38.
Treasury Analytics - Treasury Management
1
a) Treasury Management - Scope and Importance
1.5 Hours
b) Overview of Risk Management
c) Yield Curve Analysis
d) Duration
e) Basis Point Value (BPV)
2
a) Convexity
1.5 Hours
b) Value-at-Risk
39.
Understanding Financial Statements
1
a) Financial Statements - A Preview
1.5 Hours
b) Fundamentals of Financial Statements
40.
Value at Risk
1
a) Review of Statistical Concepts
1.5 Hours
b) Value at Risk-I
c) Value at Risk-II
2
a) Application of Analytical Technique
1.5 Hours
b) Regulatory Issues
c) Market Risk-Models
3
a) Stress Testing
1.5 Hours
b) Back Testing
c) Risk Management Systems
4
a) Case Study - Orange County
1.5 Hours
b) Case Study - Barings Bank
c) Case Study - Metallgesellshaft
5
a) Description of Advanced VaR Models
1.5 Hours
b) Advanced Measuring Volatility and Correlation
6
a) Advanced Scenario Analysis and Stress Tests
1.5 Hours
b) Risk Adjusted Performance Measurement

For details, please visit http://www.icpas.org.sg/course/elearn_course_list.asp



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