2nd National Seminar-Indian Accounting Standards (Ind AS)

Accounting Standards are a set of rules that are aimed at making accounts more consistent, comparable and thereby bringing a harmonization of accounting policies, principles and practices that, in turn, are expected to enhance corporate governance and responsibility. One of the recent developments in the field of Accounting Standards is the convergence of Accounting Standards with IFRS. Idea of global harmonization of Accounting Standards stems from lack of comparability of financial statements across the countries. The main fascination with adoption or convergence is sound business sense. The increasing cross border investments has posed a challenge to companies, as they face multiple standards. Convergence can greatly contribute to build global financial reporting infrastructure.

In pursuance to the Budget Announcement by the Union Finance Minister Shri Arun Jaitley, after consultations with Reserve Bank of India (RBI), Insurance Regulatory and Development Authority(IRDA) and Pension Fund Regulatory and Development Authority (PFRDA), the roadmap for implementation of Indian Accounting Standards (Ind AS) converged with International Financial Reporting Standards (IFRS) for Scheduled commercial banks (excluding RRBs), insurers/insurance companies and NonBanking Financial Companies (NBFC's) has already been drawn up .

Therefore to address the various aspects and emerging issues related to Ind AS, ASSOCHAM is organizing 2 nd National Seminar on "Indian Accounting Standards - Issues and Challenges in Implementation" on 12th February, 2016 at Mumbai.

The Seminar will provide an opportunity to the participants, corporates to have insight on concerned latest issues and challenges in the implementation of new Accounting Standards for regulators, policymakers, professional firms and corporates.

Key Discussion Topics: 

• Key differences between Ind-AS and Existing AS
• Business combinations (Ind AS 103)
• Financial Instruments - recognition, measurement & presentation (Ind AS 109 & Ind AS 32)
• Consolidation (Ind AS 110 & 111)
• Income taxes (Ind AS 12 and ICDS)
• Ind AS 101 exemptions / exceptions
• Implementing the new standards: Ind-AS113 - Fair Value Measurement

Objectives: 

• To discuss the Issues and Challenges in Implementation of the new 
  Indian Accounting Standards (Ind AS).
• To Understand the role of new Indian Accounting Standards (Ind AS) in the new
  emerging accounting world.
• To Understand and apply the new Indian Accounting Standards (Ind AS) in 
  professional life more effectively.
• To keep track of these continuously evolving standards.
• To enhance skills of accountants to be globally competent.

Invited Eminent Speakers:

• Mrs. V. R. Iyer, Member (Finance & Investments), IRDAI
• Shri N. S. Vishwanathan, Executive Director, Reserve Bank of India
• Shri Sudarshan Sen, Principal Chief General Manager, Department of Banking Regulation, Reserve Bank of India
• Shri C. D. Srinivasan, Chief General Manager, Department of Non-Banking Regulation, Reserve Bank of India
• Mr. Sunil Kanoria, President, ASSOCHAM & Vice Chairman, SREI Group
• Mr. Ashok Wadhwa, Group CEO, Ambit Holdings Private Limited
• Mr. Kamlesh Vikamsey, Past President, ICAI
• Dr. Ashok Haldia, Senior Member, ASSOCHAM and CEO & MD, PTC 
  India Financial Services Ltd.
• Mr. Manoj Laddha, Managing Director, J R Laddha Financial Services Pvt Ltd
• Mr. Pavan Kumar Vijay, Chairman, ASSOCHAM National Council for M&A 
  and MD, Corporate Professionals Capital Pvt. Ltd.
• Mr. Raja Lahiri, Partner, Grant Thornton India LLP
• Mr. Riaz Thingna, Partner, Walker Chandiok & Co LLP
• Mr. Siddharth Talwar, Partner, Grant Thornton India LLP
• Mr. Keyur Dave, Director, Grant Thornton India LLP
• Mr. Rajkumar S. Adukia, Senior Partner, Adukia & Associates

Attendees Profile:

• Group Finance Director
• Chief Accountant
• Finance Manager
• Bank Manager
• Finance Controller
• Accountants
• Financial Analyst
• Auditors
• Portfolio Manager

Registration:

• Registration Fee: Rs. 5000/- per delegate
• 10% discount on 2 or more registrations from same organization or ASSOCHAM members
• 20% Special Discount for CAclubindia Members !!

Brochure |  Agenda
For further details please contact:

Event from : 12 February 2016
Event to : 12 February 2016
Events Venue : Sunville Banquet & Conference, Worli, Mumbai

Submitted By : Guest