Advanced Certificate Program on IFRS: Implementation and Compliance - KPMG in India
Over 100 Countries have formally accepted IFRS to bring out standardization and greater comparability in presentation of financial statements. Starting April 1, 2011, as per ICAI concept paper, every listed company in India may be required to adopt International Financial Reporting Standards (IFRS). It’s a very short time when it comes to a major overhaul of the accounting process. Not to forget that the investing community needs to be familiarized with the changes in the balance sheet. Little wonder then, that some companies are trying to get a head start and will for the first time this year, publish their results not just in Indian GAAP but also in IFRS.
The convergence process not only requires training people but also requires accounting software and systems to be changed to make them compatible with the new standard.
PROGRAM OBJECTIVES
The program focuses on training finance professionals in issues that they would be facing during IFRS implementation in their organizations. The program provides an in-depth analysis of the accounting and disclosure requirements under
The program also keeps the Indian financial reporting requirements (Indian GAAP) in perspective and explains the differences between Indian GAAP and
WHO SHOULD ATTEND?
CFO & Finance Directors, Analysts, Accountants, Investment Bankers, Corporate Bankers, Strategic Planners, Auditors, Private Equity & Merger & Acquisition specialists, Tax Directors, Consultants, Practicing CA, CS, CWA, and professionals from Indian companies with a global presence
Download Detail Program ContentPROGRAM DURATION AND DELIVERY
- Six Classes shall be conducted once a week on Wednesday, between 9.00 am – 5.30 pm
- Spread across 6 weeks for smooth learning and better retention
- Delivered at specially designed NIIT Imperia centers in your city
PROGRAM CONTENTS
- Overview/Roadmap and IFRS Framework
- Presentation of financial statements
- Revenue recognition
- Business combinations
- Financial instruments
- Consolidation
- The effect of change in Foreign exchange rates
- Income taxes
- Property, plant and equipment, intangible assets and investment property
- Impairment and Provisions/contingencies
- Employee benefits, Share based payment, Non-current assets held for sale and discontinued operations
- Leases, borrowing costs, operating segments, events after the balance sheet date, change in accounting policies and errors
- Approach to IFRS conversion
CERTIFICATION
The students will be awarded a certificate of completion by KPMG in India and NIIT Imperia
EVALUATION SYSTEM
All participants shall appear in an online assessment at NIIT Imperia after end of the program. The grades like Excellent, Good, Average and Poor shall be awared based on performance in online assessment.
PROGRAM DELIVERY AND TIME TABLE
The program will be delivered through classes held at NIIT Imperia Centres for Advanced Learning, once a week, as per the following schedule:
Wednesdays 9.00AM – 5.30PMELIGIBILITY CRITERIA AND SELECTION PROCESS
Working Professionals with minimum 2 years of experience are eligible for the program. Experience requirement is waived off for CA, CS, CWA’s, MBA(Finance) and for corporate nominations.
FEES AND PAYMENT SCHEDULE
Program Fees : Rs 40,000 inclusive of all taxes.
The fees is payable at the time of submission of the application form. The fee is inclusive of all academic charges and program contents. All fees are non-refundable. Payments are to be made to NIIT Imperia, by cash, cheque, demand draft or EFT. The details are available at the centers or on the website.
A deferred payment facility exists with the following schedule:
With Application : Rs. 15,000/-
Installment (Nov 25) : Rs. 25,000/-
Installment (Nov 25) : Rs. 25,000/-
* Payment through Credit Card is subject to the availability of the facility at the admission offices /centers.
Admissions in progress. Please contact NIIT Imperia center for details
Classes commence: On or after 2nd December, 2009
No comments:
Post a Comment