The Finance Minister’s announcement to introduce new accounting standards converged with International Financial Reporting Standards (IFRS) is a welcome step towards the long pending alignment of Indian financial reporting standards with global standards. It is expected that companies would be permitted to voluntarily follow the new converged Indian Accounting Standards (Ind-AS) from 2015-16, which will become mandatory from 2016-17. The timelines for the financial services sector, including banks and insurance companies, is also expected to be finalized soon. Further, the tax accounting standards will also be notified separately.
Keeping this in mind, KPMG India has launched DipIFR course that is accredited by the Association of Chartered Certified Accountants (ACCA) and offers a credible and globally recognized qualification in IFRS (see DipIFR from the ACCA)
Objectives of the program:
DipIFR is relevant to professional accountants and other members of finance departments with accounting experience.
It is designed to enable participants to
• understand the structure of the IFRS framework including difference with Ind AS (carve outs)
• apply relevant IFRSs to key financial statement elements
• identify and apply disclosure requirements for companies
• prepare group financial statements (excluding cash-flow statements)
• 75 hours of intensive & interactive classroom training
• The program will be conducted by experienced professionals from KPMG India.
• Access to study material, question bank, mock exams and self assessments.
• KPMG India shall award a Certificate of participation to participants who attend 90% of the sessions.
To book your space for the course or for further details, contact Asif Chowgule
From India, Mumbai
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network. Add the url of this thread if you want to cite this discussion.