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Diploma in IFRS (International Financial Reporting Standards)

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Title: Diploma in IFRS (International Financial Reporting Standards)


1
Diploma in IFRS(International Financial
Reporting Standards)
  • Training Programme

2
Background
  • 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.

3
Background
  • 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

4
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.

5
Opportunity
  • 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

6
About 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.

7
About 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

8
About 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 for the June
    attempt and 15th September for the December
    attempt
  • Exam fees of 160 covers 1 attempt you can
    retake for the same amount
  • Date for next exam is 9th December 2010 _at_ 2.30 PM

9
Objective 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

10
Eligibility 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 FA department
  • Other graduates with at least 3 years of relevant
    work experience in the FA department

11
Training Programme
  • Duration 10 days (70-80 hours)
  • Start Date 04th September, 2010
  • Venue Jawahar Lal Nehru, National Youth
    Centre , Near ITO
  • Timings 10.00 am 6.00 pm
  • Highlights Live physical classes

12
Schedule
Class Date Day Venue
1 04-Sep-10 Saturday Jawahar Lal Nehru National Youth Centre
2 05-Sep-10 Sunday Jawahar Lal Nehru National Youth Centre
3 12-Sep-10 Sunday Jawahar Lal Nehru National Youth Centre
4 19-Sep-10 Sunday Jawahar Lal Nehru National Youth Centre
5 26-Sep-10 Sunday Jawahar Lal Nehru National Youth Centre
6 24-Oct-10 Sunday Jawahar Lal Nehru National Youth Centre
7 31-Oct-10 Sunday Jawahar Lal Nehru National Youth Centre
8 14-Nov-10 Sunday Jawahar Lal Nehru National Youth Centre
9 21-Nov-10 Sunday Jawahar Lal Nehru National Youth Centre
10 28-Nov-10 Sunday Jawahar Lal Nehru National Youth Centre
13
Location Map
Towards India Gate
Towards Delhi Gate
Shivaji Bridge
Rajendra Bhawan
Jawahar Lal Nehru, Centre for Youth
Deen Dyal Upadhyay Marg
Modern School Flyover
Minto Bridge
Minto Road
CP
Not to scale
New Delhi Railway Station
14
Fees
  • Total Course Fee - Rs. 32,000/- (all inclusive)
  • (includes the cost of study material, lunch and
    two tea breaks during the programme)
  • Payment to be made in favour of Takshila
    Learning Pvt. Ltd.
  • Payment is acceptable through cash, cheque,
    credit card or demand draft
  • In case of on-line payment through credit card,
    7.5 towards bank charges would be extra

15
Misc Info
  • Modalities for payment
  • Cheques to be couriered to B-55, West Patel
    Nagar, New Delhi 110008
  • Cheques can be deposited in our PNB Account no.
    3071002100041966 in any PNB branch
  • For transferring funds on-line through
    net-banking RTGS, branch IFSC Code is
    PUNB0060400
  • Call for our executive to pick up the cheque/cash
    from your doorsteps
  • Reference websites
  • www.takshilalearning.com
  • www.accaglobal.com

16
About 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 ACCAs curriculum, complete with
    illustrations examples aimed at explaining
    concepts mind maps which ensures mastering the
    concept enhancing analytical skills
  • Regularly revised and updated

17
About 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
  • Currently doing courses on USA CFA, ACCA, FRM and
    USA CPA
  • Courses are carefully chosen designed to meet a
    wide range of training requirements of
    individuals and corporates

18
Takshila 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

19
Documents 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 years
  • ICWA/Other graduates Degree certificate/Final
    exam mark sheet 3 years experience in FA
    letter from employer validating relevant work
    experience of 3 years
  • ACCA registration form with GBP 160
    pounds/Application declaration form
  • Passport size Photographs -2 nos.

20
Feedback/Queries
  • Rajesh Butta
  • MMS, BITS Pilani
  • 91-9810374836
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