The Institute of Chartered Accountants of India (ICAI) will organize a two-day National Conference on International Financial Reporting Standards (IFRS) on September 5.
Members can attend the two day workshop by taking a cheque of Rs. 2250 and by confirming their registration by email at cpeifrs@icai.org.in or by telex by contacting Mr. Rawat at 9810931635. The training will be held at Crown Plaza, NF Colony New Delhi.
It will be spread over eight technical sessions and will be addressed by the experts in the field of IFRS.
The conference will focus on challenges in adoption of IFRS, first time adoption of IFRS and the issues related to change over to IFRS, besides other facets of accounting standards.
Considering the fact that a lot of challenges are faced during the first time implementation, a special session was dedicated to sharing implementation experiences by various consultants and users both large and small. (ANI)
1 comment:
There is not much time left with ICAI to train their professionals with the basics of IFRS as the deadline is very near. Being IFRS very much different from GAAP the accounting professionals will need rigorous training to meet the demands and efficiency of bigger companies as the international markets will be outsourcing IFRS soon to the Indian markets. The market will be holding huge potential to the trained IFRS professionals. The IFRS professionals will be required to understand the whole business and will have to study every transaction in detail to document it into IFRS. Sessions would not be sufficient rather a whole training program need to be implemented .The coming time will be very challenging to all the accounting professionals.
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