The Chartered Valuer and Appraiser Programme (CVA) Module 4: Valuation for Financial Reporting
- Finance & Investment
This programme is conducted online and on-campus.
4 Days
Weeknights (7pm - 10pm, Online)
Saturday (9am - 5pm, On-campus)
Who Should Attend
- Aspiring and practicing professionals in valuation-related fields such as accounting, finance, law and economics.
Admission requirements
- A Bachelor's Degree or equivalent in any field from a recognised institution;
- Recommended prior knowledge of accounting and finance;
- Writing, speaking and presentation abilities in English.
- The Institute of Valuers and Appraisers, Singapore (IVAS) will make the final decision on the acceptance or rejection of an application.
Note: Participants must complete Modules 1 and 2 in any order, one at a time, or simultaneously—before taking Module 3. Module 3 must be completed before taking Module 4.
Overview
It covers the fair value framework under IFRS 13 and its distinction from other bases of value in the International Valuation Standards (IVS), as well as its application to both financial and non-financial assets and liabilities. Learners will explore key areas such as business combinations under IFRS 3, the valuation of intangible assets, and impairment testing, including goodwill. The module also examines the practical responsibilities of business valuers in financial reporting engagements, including working alongside audit teams, ensuring compliance, and applying professional judgement to deliver reliable and defensible valuations.
Learning Objectives
At the end of the 4-day module, participants will be able to:
- Explain the definition of fair value in IFRS 13 for financial reporting purposes, and its differences with other bases of value in the International Valuation Standards (IVS)
- Identify and demonstrate the use of fair value measurement framework in IFRS 13 to financial and non-financial assets and liabilities
- Implement the acquisition method in the accounting for business combinations as per IFRS 3
- Implement common valuation methods to value various types of intangible assets
- Examine and implement the impairment testing process for assets including goodwill
- Identify the differences between fair value in IFRS 13 and other valuation bases used in financial reporting, such as value in use
- Identify the roles and responsibilities of a business valuer in a financial reporting environment, including considerations when engaged by an audit client or as part of an audit team
Topic/Structure
- Valuation for financial reporting
- Requirement and role of valuer in financial reporting environment
- Purchase price allocation (PPA)
- Valuation of intangible assets
- Impairment testing
Assessment
As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment for each of the modules in order to be awarded a certificate of completion for each module issued by Singapore Management University.
Calculate Programme Fee
Fee Table
| EMPLOYER-SPONSORED | |||
|
PARTICIPANT PROFILE |
SELF-SPONSORED |
SME |
NON-SME |
|
Singapore Citizen < 40 years old Permanent Resident LTVP+
|
$1,046.40 (After SSG Funding 70%) |
$406.40 (After SSG Funding 70% |
$1,046.40 (After SSG Funding 70%) |
|
Singapore Citizen ≥ 40 years old |
$406.40 (After SSG Funding 70% |
$406.40 (After SSG Funding 70% |
$406.40 (After SSG Funding 70% |
|
International Participant |
$3,488 (No Funding) |
$3,488 (No Funding) |
$3,488 (No Funding) |
All prices include 9% GST
Please note that the programme fees are subject to change without prior notice.
Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.
Self Sponsored
SkillsFuture Credit
Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.
This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.
Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).Workfare Skills Support Scheme
From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.
Employer Sponsored
Enhanced Training Support for SMEs (ETSS)
- Organisation must be registered or incorporated in Singapore
- Employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
- Trainees must be Singapore Citizens or Singapore Permanent Residents
- Trainees must not be a full-time national serviceman
- Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here.
Please click here for more information on ETSS.
Absentee Payroll
Employers who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:
AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)
Intake Information
Next Intake: January 2026
Please note that the following intake will be in July 2026. There are two standard intakes each year.
