Ahmedabad Branch of WIRC of ICAI
All India Chain Workshops on Indian Accounting Standards Converged with IFRS

Date: 9th & 10th July 2010.
CPE: 12 Hours

As all of you are aware, the Ministry of Corporate Affairs has announced the road map of implementation of IFRS in Indian Corporate world. However, there would be various implications of converging with IFRSs and that certain issues were required to be addressed such as the conflicting legal and regulatory requirements related to financial statements, the technical preparedness of industry and accounting professionals, economic environment prevailing in the country, etc. The convergence with IFRSs would be an important policy decision as it would significantly affect not only the status of accounting discipline in the country but would also affect its economy.

Under the circumstances we professionals are required to equip ourselves with the skill set which would be required to grasp the emerging concepts and changes which are going to take place.

The Institute of Chartered Accountants of India and the Ministry of Corporate Affairs have jointly devised two days Chain Workshops on the subject.  The two days workshop has been designed to equip the ICAI Members, Corporates and other stake holders with the essential knowledge in Indian Accounting Standards converged with International Financial Reporting Standards (IFRSs) covering the following aspects in its ambit:

 

The broad details of the program is given below. The detailed brochure published by the Institute is also attached herewith.  

Members are requested to take maximum benefits of the proposed program.

DAY & DATE

9th and 10th July, 2010 (Friday & Saturday).

CPE HOURS

12 HRS.

TIME

9.00 A. M. to 5.30 P. M.

FEES

For Members ACA – Rs 2500/-, FCA- Rs. 2800/-.
For Non Members Rs 4500/-.
(Inclusive of course material, breakfast & Lunch) 
Registration on First Come First Served Basis
D.D/Cheque should be drawn in favour of  “Ahmedabad Branch of WIRC of ICAI” payable at Ahmedabad  

VENUE

HOTEL COURTYARD MARRIOTT,
Near Fun Republic, Ramdevnagar, Satellite,
AHMEDABAD-380015

HOST

IFRS Committee of Ahmedabad Branch

CONTACT
PERSON

CA. Dhinal Shah – Central Council Member (9825029950)
CA. Niren Nagri – Branch Chairman (9825042780)
CA. Subodh Kedia – Chairman of IFRS Committee (9879267750)
CA. K. V. Karkar – Co.Chairman of IFRS Committee–(9824032538)
CA. Chintan Patel – Convenor of  IFRS Committee  (9099921163)

All India Chain Workshops on Indian Accounting Standards Converged with IFRS

DAY – 1

TOPICS

FACULTY

Introduction :
Road map to IFRS & Overview of IFRS
IAS 1: Presentation of financial statements

Shri Sunder Iyer
Price Waterhouse Coopers

 

First Time Adoption of IFRS: Requirements & Challenges – Q & A

 

Shri Sunder Iyer
Price Waterhouse Coopers

 

Key differences in IFRS and Indian GAAP -  Q & A

 

Shri Manoj Fadnis
Central Council Member

 

Accounting for Fixed Assets covering
IAS 16, IAS 23 & IAS 38  -  Q & A

 

Shri Manoj Fadnis
Central Council Member

DAY – 2

TOPICS

FACULTY

Financial Instruments: An overview (covering IAS 32, 39, IFRS 7 & 9)
– Q & A

Shri Raghu Iyer
Mumbai

 

IAS 27, 28 & 31: Consolidation, Associates & Joint Ventures – Q & A

 

Shri Raghu Iyer
Mumbai

 

IFRS 3: Business  Combinations  - Q & A

 

Shri Ravi Bansal
Earnest & Young, Mumbai

 

Accounting for Revenue & Income Taxes
Covering IAS 18 & IAS 12 – Q & A

 

Shri Ravi Bansal
Earnest & Young, Mumbai

 

REGISTRATION FORM

NAME OF THE MEMBER

 

MEMBERSHIP NO.

 

ADDRESS

 

 

PHONE NO.

 

MOBILE NO.

 

EMAIL ID

 

CHEQUE / CASH
DETAILS

 

Amount Rs. ___________________  

Cash / Cheque No : ______________       Date :- __________
 
Bank Name :- ______________________________________