IFRS Training Course - June2010 Batch
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Diploma in IFRSDiploma in IFRS(International Financial Reporting (International Financial Reporting
Standards)Standards)Training Programme
BackgroundBackground
International Financial Reporting Standards (IFRS) is a set of accounting standards, developed by the International Accounting Standards Board (IASB, London) that is becoming the global standard for the preparation of public company financial statements.
BackgroundBackground
Focus is shifting from national to international standards
Europe has already moved to IFRS for listed companies & consolidated accounts. Japan & Canada by 2011, USA anytime 2014-16
ICAI has announced transition to IFRS by 2011
117 countries have already adopted, the nos. will touch 150 by the end of 2011
Why IFRS?Why IFRS?
Today businesses are crossing their national boundaries,promoting the synchronization of accounting standards across the globe.
The application of IFRS will lead to better financial comparisons and enhanced transparency in financial reporting.
OpportunityOpportunity
Awareness about IFRS and implementation issues are gradually building up within corporate India. However, the awareness needs to increase more rapidly if we are to achieve the proposed timelines for convergence
IFRS implementation will be what Y2K was for the software professionals, in other words, huge earning potential
Hence, there is a huge need to train professionals about IFRS in India in order to get prepared for IFRS convergence by 2011
About ACCAAbout ACCA
The Association of Chartered Certified Accountants (ACCA) is the largest and fastest-growing global body of professional accountants in the world, with over 1,31,500 members and 3,62,000 students through a network of 82 offices.
It is a UK-based professional body issuing one of the most highly respected and valued international qualifications in business. It is recognised by member states of the European Union and the United Nations.
About ACCAAbout ACCA
ACCA was the first organization to deliver a qualification which is dedicated to training professionals in how to apply International Financial Reporting Standards, no matter where you are in the world
The qualification is intended as a conversion course for professional accountants already qualified or experienced in country specific financial reporting standards
The Diploma programme addresses International Financial Reporting and first time application of International Financial Reporting Standards
About ACCA, UK DipIFRS ExamAbout ACCA, UK DipIFRS Exam
The exam can be taken twice a year i.e. every June & December
The exam centers are Mumbai, Delhi, Kolkata, and Chennai
In case of special exam centers the registration should be completed by 15th March, 2010
Exam fees of £160 covers 1 attempt & you can retake for the same amount
Date for next exam is 9th December 2010 @ 2.30 PM
Objective of the courseObjective of the course
On completion of the Diploma candidates should be able to:
Understand and explain the international regulatory framework of financial reporting
Discuss and apply specified International Accounting Standards (IAS) and IFRSs to practical situations
Prepare financial statements in accordance with specified IASs, IFRSs & International Financial Reporting Interpretations Committee (IFRIC) pronouncements
Prepare group financial statements including subsidiaries, associates and joint ventures
Eligibility CriteriaEligibility Criteria
A CA, ICWA or any other professionally certified accountant from any Indian or Foreign Institute
A B.com with at least 2 years of relevant work experience in the F&A department
Other graduates with at least 3 years of relevant work experience in the F&A department
Training ProgrammeTraining Programme
Duration : 10 days (70-80 hours)
Start Date : 13th June, 2010
Venue : Rajendra Bhawan, ITO
Timings : 10.00 am - 5.30 pm
Highlights : Live physical classes
ScheduleSchedule
Class Date Day Venue
1 13-Jun-10 Sunday Rajendra Bhawan2 27-Jun-10 Sunday Rajendra Bhawan3 11-Jul-10 Sunday Rajendra Bhawan4 25-Jul-10 Sunday Rajendra Bhawan5 8-Aug-10 Sunday Rajendra Bhawan6 22-Aug-10 Sunday Rajendra Bhawan7 5-Sep-10 Sunday Rajendra Bhawan8 19-Sep-10 Sunday Rajendra Bhawan9 3-Oct-10 Sunday Rajendra Bhawan
10 17-Oct-10 Sunday Rajendra Bhawan
Minto Road
Dee
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Mar
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Rajendra Bhawan
CP
Towards India GateTowards Delhi Gate
Modern School Flyover
Minto Bridge
Shivaji Bridge
Location Map
Not to scaleNew Delhi Railway Station
FeesFees
Total Course Fee - Rs. 32,000/- (all inclusive)(includes the cost of study material, lunch and two tea breaks
during the programme)
About The Study MaterialAbout The Study Material
Set of three books including two module books & past exams book
Written by an international team of renowned CAs, finance researchers & authors who use their knowledge & experience in creating high-quality study material
Developed as per ACCA’s curriculum, complete with illustrations & examples; aimed at explaining concepts & mind maps which ensures mastering the concept & enhancing analytical skills
Regularly revised and updated
About The FacultyAbout The Faculty
Mr. Rammohan BhaveCA, CS, CWA, LLB, DipIFRS, Six Sigma Green Belt29 Years in industryLast 13 years as CFO /Finance Director with groups like
Mittal Group at Europe Gammon India Reliance Infocomm Foundation software at US, Sing, OZ Blue Star & Blue star infotech Mafatlal Crompton Greaves
About TakshilaAbout Takshila
Provider of cutting edge education & training solutions
The core management team comprises of professionals from education, technology and telecommunication background individually having more than 20 years of experience
Committed to provide industry-linked training programs that immediately impact the career path of the learner
Represent ExamMatrix, a US based company for providing training for USA CPA
Courses are carefully chosen & designed to meet a wide range of training requirements of individuals and corporates
Takshila AdvantageTakshila Advantage
In financial education for more than 10 years
Classes by well known competent faculties
Conveniently scheduled weekend classes
Bank loan facility available
Committed to your success
Misc InfoMisc Info
Reference websites:www.takshilalearning.comwww.accaglobal.com
Payment to be made in favour of ‘Takshila Learning Pvt. Ltd.‘
Cheques to be sent to B-55, West Patel Nagar, New Delhi - 110008
Documents NeededDocuments Needed
Birth date proof: Copy of Pan card/Passport CA: Final certificate/membership certificate /final exam mark sheet B. Com – Degree/Final exam mark sheet & letter from employer validating relevant work experience of 2 yearsICWA/Other graduates – Degree certificate/Final exam mark sheet & 3 years experience in F&A letter from employer validating relevant work experience of 3 yearsACCA registration form with GBP 160 pounds/Application declaration form Passport size Photographs -2 nos.
Feedback/QueriesFeedback/QueriesRajesh Butta
MMS, BITS Pilani91-9810374836