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Corporates across the globe are reporting financial statements based on common accounting standards, primarily the International Financial Reporting Standards (IFRS).
In the Indian context, considering major developments in terms of convergence with IFRS, the Institute of Chartered Accountants of India had constituted a committee which issued the Indian Accounting Standards “INDAS” and provide guidance on the Revised Schedule VI. While the Revised Schedule VI has come into force from April 01, 2011, the dates for the implementation of the INDAS are expected to be notified by the Ministry of Corporate Affairs in the immediate future.
The Accounting Standards affect the ways in which accounting statements are prepared and presented and have become very complex over the years with number of amendments, interpretations, pronouncements and guidance notes. Thus, understanding INDAS becomes very important in order to interpret the financial statements prepared as per such Standards.
INDAS is expected to be mandatory for Indian companies from April 2012 for large entities. Other mid-sized entities will also be required to apply INDAS in accounting in the next two financial years. Accounting regulations can be significantly different with substantial impact on profits and reserves in many cases.
Dun & Bradstreet (D&B), the world's leading provider of business information, knowledge & insight, is delighted to announce the D&B Certified INDAS Professional program from 11th February – 25th April’ 2012. The course will be conducted across 7 cities i.e. Mumbai, New Delhi, Bangalore, Hyderabad, Chennai, Pune and Kolkata using a built in high speed technology platform that allows participants to interact with the faculty on real time basis. The program will happen live online on the personal computer/laptops of the participants itself.
The duration of this program will be approximately 50 hours.
Objective:
The objective of the program is to focus on understanding and interpretation of INDAS that can help the accounting community to appreciate its implications and compare them with Indian GAAP and IFRS.
Target Audience:
Managers and above from large corporate and financial services firms, CFOs and Finance heads, Accounting community from audit and consultancy firms, CAs, Finance and accounts faculty from management schools and students pursuing professional courses.
The coverage of every standard will include the following sections.
- Objectives, Scope and important definitions
- Related guidance
- Recognition, Measurement and Disclosures
- Excerpts from annual reports of companies following IFRS
- Quizzes and exercises
Faculty:
The program will be led by D&B faculty and team led by Mr. Ganesh Balakrishnan, Partner - Deloitte Haskins & Sells.
Registration fees:
Registration Fees: Rs. 20,000/- plus applicable taxes [10.30% (Service Tax + Education Cess)] = Rs. 22,060/-
For further information regarding the program please contact:
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