Diploma in IFRS (International Financial Reporting Standards)

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Diploma in IFRS(International Financial
Reporting Standards)

• Training Programme

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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.

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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

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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.

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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

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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.

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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

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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

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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

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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

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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

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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
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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
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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

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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

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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

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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

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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

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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.

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Feedback/Queries

• Rajesh Butta
• MMS, BITS Pilani
• 91-9810374836