June 6, 2018

2017 FRS Seminar 2017 – Rising to the Challenges

Foo Kon Tan LLP is one of Singapore’s most established and respected accountancy practices. Foo Kon Tan LLP, Chartered Accountants of Singapore and its associated companies provide a full range of assurance, tax and advisory services to help clients navigate the ever changing dynamics of the business and regulatory environments in the domestic as well as global markets. Today, they are amongst the top 7 accountancy practices in Singapore.

Come August 17, they are conducting the following seminar to give an overview on what is sustainability reporting, how does it impact the company and its stakeholders, and how does it affect company valuation? Foo Kon Tan LLP’s Director and Partners will also take this opportunity to go through the introduction of the new revenue recognition standard.

Programme Outline

Revenue Recognition – A closer look at the new revenue recognition standard, FRS 115
Revenue recognition will change dramatically with the introduction of the new standard, FRS 115 Revenue from Contracts with Customers. All organisations will face some challenges and additional work in relation to the implementation of the new standard. This will have a significant impact for many, especially entities where the current FRS provides little application guidance. Since FRS 115 was first introduced few years ago, there have been some clarifications and changes made. Now, get updated on the changes, clarifications and the sectors that are most affected by FRS 115.

Preparing for the New Financial Instruments Standard, FRS 109
FRS 109 Financial Instruments will replace FRS 39 Financial Instruments: Recognition and Measurement. The new Standard is complex and will have a considerable impact on financial performance, operations and financial reporting systems, especially in relation to the new impairment requirements. What are the changes between FRS 109 and FRS 39? Are you ready for the upcoming changes, in particularly the expected credit losses model, a paradigm shift?

Sustainability Reporting
A sustainability report goes beyond the financial, employee, environmental and social data; it demonstrates how the company integrates broader risks and opportunities into its long-term strategy, risk management, operating policies and procedures, and the trade-offs between these issues. This means that sustainability reporting pulls together information that sits in separate reporting strands to explain how the firm creates value for its customers and stakeholders. What are the reporting requirements in the Singapore context? How do you implement sustainability reporting?

June 6, 2018

LS Retail Platinum & Gold Award in Singapore and Malaysia

For more than two decades, LS Retail has been developing easy and practical software solutions to make the shopping and dining experience a pleasure worldwide. LS Retai products and solutions are sold through a global partner network and have been installed in more than 66,000 stores in over 120 countries.

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June 6, 2018

CyanSYS (Private Limited) appointed as a reseller for BI4Dynamics in Southeast Asia

CyanSYS (Private Limited) is proud to be a reseller for BI4Dynamics Asia and bringing its presence to Southeast Asian countries.

“I am very excited and confident that this new addition to our Group of companies represents yet another dimension to an exciting new era of IT related businesses for us, which we have built with the first generation in the last 16 years of our history. We will continue to do so in the next decade challenging ourselves to reach higher peaks and create yet a new chapter to CyanSYS Group.” Read More

June 6, 2018

CyanSYS Pte Ltd named “2009 Microsoft Dynamics President’s Club”

Dear Theng Wee TAN,

Congratulations on being named to the 2009 President’s Club for Microsoft Dynamics®! You have achieved quite an accomplishment to earn your way into this prestigious group, and have demonstrated your ability to drive success even in challenging economic times!

President’s Club represents a small group of top channel partners who reach key business milestones while maintaining a constant dedication to achieving high levels of customer satisfaction and an active pursuit of product and technological advancement.

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June 6, 2018

CyanSYS, Singapore Polytechnic and Microsoft Partner To Meet Growing Demand for Skilled IT Workforce

Singapore, December 1 2009 – CyanSYS, together with Microsoft and Singapore Polytechnic, today announced the availability of the Microsoft Dynamics Business Management Solutions (BMS) electives to students attending the School of Digital Media and Infocomm Technology. The aim of the partnership is to give students a strong foundation in IT skills, build broad business capabilities and provide hands-on training in real-world enterprise business processes using Microsoft Dynamics NAV, a leading enterprise resource planning (ERP) solution for businesses.

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June 6, 2018

Ministry of Football – Weekend Football League

CyanSYS Private Limited, has participated in the 11-A-Side Weekend Football League hosted by the Ministry of Football.

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June 6, 2018

Managing Director of CyanSYS Pte Ltd, Tan Theng Wee awarded ‘The Alumni Service to SP Award’ by Singapore Polytechnic

Singapore Polytechnic launched ‘The Alumni Service to SP Award’ in conjunction with their 60^th Anniversary. This award is to recognize and appreciate the Alumni of Singapore Polytechnic who have one way or another contributed significantly to Singapore Polytechnic’s areas of technology, learning, development, innovation, philanthropy and other activities that create significant benefits to SP Students and the progression of SP’s vision. Read More