Certificate Course on IFRS

Dear Professional Colleague,

A warm Greeting from the Ind-AS (IFRS) Implementation Committee of ICAI.

As you may kindly be aware that, the Ind AS (IFRS) Implementation Committee of the ICAI is taking various initiatives to create awareness in the country and abroad about IFRS/Ind AS. For this purpose, the Committee is engaged in the following activities:  
 

• Formulation of learning Material on IFRS/Ind AS.
• Conducting intensive IFRS Certification Course in India and abroad.
• Conducting programmes, seminars etc. on Ind AS/IFRS across the country
• Identifying international opportunities for members.

Certificate Course on International financial Reporting Standards

An extensive Certificate Course on IFRS is being conducted by the Committee with sufficient classroom training and e-learning facility to make the members competent in this era of IFRS. This Course is conducted at various locations throughout the country and abroad. The Course aims at providing:
 

• Introduction of the concepts of IFRS/Ind AS
• Dissemination of knowledge on IFRS/Ind AS;
• Comparison of IFRS with existing Indian Accounting Standards;
• Issues in relation to IFRS/Ind AS;
• Conversion of Financial Statements prepared on the basis of Indian GAAP to IFRS 

The duration of the IFRS Certificate Course is 14 days of class room teaching (on Saturday and Sunday).. Participants will be provided material on IFRS and Ind AS, Power point presentations prepared by the renowned faculties, Objective assessment test at the end of every session. In order to provide practical insights on the principles enunciated in IFRS, case studies on conversion of Indian GAAP financial statements into IFRS will also be taken up at the class. Further, in order to provide guidance to the participants for preparation of examination, Model Question papers will also be provided to the participants. To view, the session plan of the course, please click here: http://220.227.161.86/33535ifrs23151.pdf

We strongly believe that through this Certification course, participants gain adequate knowledge in the area of IFRS which in turn provides them ample opportunities in India and internationally as well. Accordingly, it is recommended for members to kindly enroll for this course to become competent in this era of IFRS.

You would be glad to note that the next 150th (Kolkata-15) batch of IFRS Certificate Course is scheduled to commence from December 20, 2014 at Kolkata. The duration of the course will be from December 20, 2014 to February 1, 2015. Batch size is 30. Registration is on first-cum-first-serve basis. Registration is now open. Request you for early registration. For registration, please visit at link:http://icai.org/addupdate/regform.php.

We may further mention that the following batches of IFRS Certificate Course are scheduled to commence at the dates mentioned below:
 

For further details pertaining to course, you may kindly follow the below link:  http://www.icai.org/post.html?post_id=3562&c_id=266., or you may also visit our website at: www.ifrs-icai.org. 

We may further mention that, in order to provide necessary support and guidance to the members it has been decided to take up the following activities:

The following are the proposed publications of the Committee: 

• Strengthening Resource pool of Faculty
• Strengthening Resource pool who will act as ''mentors'' for the Faculty
• Development of Learning  Material
• Development of Question Papers, Objective Question Banks and Case Studies
• Development of E-learning materials - two types:  (i) E-learning on IFRS and Ind AS for batches in India and (ii) E-learning module on IFRS for batches abroad.
• Standard PPTs on all IFRS, IAS, IFRIC, SIC
• PROPOSED PUBLICATIONS
• Book on flow chart on each 69 standards grouped as per grouping suggested by committee
  • Separate financial statements
  • Consolidated financial elements
  • Assets
  • Liabilities and expenses
  • Income
  • Disclosure standards
  • Industry standards 
  • Financial instruments 

• Objective type questions on IFRS
• Journal entries on IFRS
• Case studies on IFRS
• Elements of financial statements –assets
• Elements of financial statements –liabilities & expenses
• Elements of financial statements –income
• Financial instruments

An Honorarium of Rs. 60, 000/- will be paid for each material prepared only if committee approves the work and it should be of more than 100 pages and comprehensive.

Database of IFRS Gurus

New entrants need guidance from those having experience. We wish to create database of mentors to whom IFRS learners can approach for assistance.

We may further mention that, the Committee is inviting proposals from Chartered Accountants experts on IFRS having knowledge and ability to deliver excellent material on IFRS

The Committee invites proposals from Chartered Accountants having knowledge of IFRS and who are willing to contribute as resource persons in the above mentioned activities of the Committee. It may be informed that a consolidated honorarium of Rs 60,000/- will be paid to the resource person for the aforementioned activities. However, the same will be reviewed by the competent authority and accordingly, the amount will be paid on the basis of standard of work.

Thanks and regards,

CA. Rajkumar S. Adukia,
Chairman, 
Ind AS (IFRS) Implementation Committee

Event from : 20 December 2014
Event to : 20 December 2014
Events Venue : Kolkata

Submitted By : Guest