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  • 7/25/2019 EY IFRS Training Program

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    Be prepared to deal with IFRS

    EY is pleased to announce the launch of

    80 H ours training program to prepare you todealw ith the com plex requirem ents ofIFRS

    EY IFRS CourseCovering thesyllabus of

    ACCAs Diploma In IFRS

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    2 | Be prepared to deal with IFRS

    About ACCAs Diploma In IFRS:Diplom a In IFRS by the A CCA (The Association ofChartered Certified A ccountants)isone of

    the m ostrespectable and appreciated qualification in IFRS across the globe.The course is

    designed to develop yourknow ledge and understanding ofInternationalFinancialReporting

    Standards.You w illalso learn how to apply them ,as w ellas the conceptsand principlesw hich

    underpin them ,and theirapplication in India and the internationalm arketplace.

    Object ive of ACCAs Diploma in IFRS:O n com pletion ofthe D iplom a,candidates should be able to:

    understand and explain the structure ofthe fram ew ork ofIFRS

    apply relevantfinancialreporting standardsto key elem entsoffinancialreports

    identify and apply disclosure requirem entsforcom paniesin financialreportsand notes

    prepare group financialstatem ents(excluding group cash-flow statem ents)including

    subsidiaries,associatesand jointventures

    About EY IFRS course:EY IFRS Course is designed around the syllabus ofthe ACCAsDiplom a In IFRSprogram ,the

    objective ofw hich is to take participants through allthe topics covered in the syllabus and helpthem prepare forthe Diplom a In IFRS exam ination conducted by the ACCA .

    India has decided to converge w ith IFR S,and has issued its ow n IFR S equivalentaccounting

    standards,referred to as Ind-A S.W ith the issuance ofthe Ind-A S conversion roadm ap by

    the M inistry ofCorporate A ffairsin February 2015,Ind-A S is now a reality.W e realise that

    itis criticalforfinance professionalsto understand the accounting standards in the Ind-A S

    fram ew ork,and the related practicalapplication issues.A ccordingly,w hile covering different

    IFRS forpreparing you to sitforA CCAsDiplom a In IFRS Program ,w e w illalso coverim portant

    differencesbetw een IFRS and corresponding IN D-A S in every m odule. The detailed listofthe

    standards can be found laterin thisbrochure.

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    Be prepared to deal with IFRS | 3

    Who should attend

    Course content 80 Hours ofFace to Face sessions(16 sessionsof5 H oureach forparticipantsfrom

    RestofIndiajoining session through LIVE O NLIN E M O DE)

    Com prehensive Study M aterialfrom BECKERS Gold A pproved Learning Partners

    Content

    Com prehensive Q uestion Bank w ith solutionsfrom BECKERS Gold A pproved Learning

    PartnersContent

    EY Presentations

    2 M onitoring tests

    M ockTest

    A ccessto EY Learning M anagem entSystem (LM S)postcom pletion ofthe program

    EY will awardCertificateof Participationto participants whohaveat least80%attendancein theEY IFRS Course.

    Allcourses/program s are subjectto a m inim um num berofparticipants.Ifa course/program

    has lessthan the required num berofparticipants then EY FA AS learning solution isentitled

    to cancelany ofthe courses/program s atits absolute discretion,w ithoutliability.In such

    instances,the EY FA AS learning solution team can offerthe participants w ith alternative

    optionsthatare sam e levelorstandard.

    Chartered

    Accountants,

    Company

    Secretaries, ICMA,

    andother

    financeprofessionals

    Finance

    Managers,

    Chief ccountants,

    Accountants

    PrivateEquity

    andM&A

    professionals

    MBA finance

    workingin

    accountingdomain

    Semi QualifiedCA,

    CS, ICWA workingin

    accountingdomain

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    4 | Be prepared to deal with IFRS

    Learning Management System (LMS):O n com pletion ofprogram ,each participantw illbe provided O NE Y earaccessto EY LM S.

    Features include:

    1. Videos

    2. Presentation

    3. Illustrative Disclosures

    4. Illustrative FinancialStatem ents

    5. Difference betw een differentGAA Ps such as IN D-A S & A S,IFR S & AS,IFRS & USG AA P6. Q uery m anagem entthrough AskEY

    7. M ultiple ChoiceQ uestions

    Facilitators of EY IFRS course:Sessionsw illbe delivered by seniorprofessionalsfrom m em berfirm sofEY,w ho

    have extensive training experience,as w ellas experience ofIFR S/Ind-A S conversion

    engagem ents.Facilitators w illalso share globalbestpractices and perspectivesto provide

    a holisticunderstanding ofthe challengesrelated to the transition to IFRS/Ind-A S.

    Program fees:IN R 30000/-plusapplicable taxes.Participants w ho w ish to sitforDiplom a In IFRS Exam

    conducted by A CCA w illbe required to additionally pay GBP 217 directly to A CCA .

    Program schedule and contact persons:ForCorporate enrolm entO R enquiryforany other/cutom ized training program youm ay contactus atey.learningsolution@ in.ey.com

    City Modeandschedule Contact person

    Delhi Face to Face Batch.10 sessions of8 hours each,

    every Saturday starting M ay 2016

    RohitG upta

    Em ail:rohit13.gupta@ in.ey.com

    M obile:+ 91 9891395363

    M um bai Face to Face Batch.10 sessionsof8 hourseach,

    every Saturday starting M ay 2016

    A sifC how gule

    Em ail:asif.chow gule@ in.ey.comM obile:+ 91 99200 40333

    Bengaluru Face to Face Batch.10 sessionsof8 hours each,

    every Sunday starting June 2016

    Pradeep Pandey

    Em ail:pradeep.pandey@ in.ey.com

    M obile:+ 91 78380 00185

    O nline

    Live

    O nline Live Batch 15 sessionsof5 hourseach,

    every Sunday starting M ay 2016

    A sifC how gule

    Em ail:asif.chow gule@ in.ey.com

    M obile:+ 91 99200 40333

    mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]
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    Eligibility for registering with ACCA for

    Diploma In IFRS examinat ion:

    The EY IFR S Course can be attended by graduates w ith accounting background.H ow ever,to

    registerforthe A CCAsDiplom a In IFRS program ,the eligibilitycriteria are as follow s:

    1. Ifyou are a professionalaccountantorauditorw ho w orksin practice orbusiness,and are

    qualified according to nationalaccounting standards,then you are eligible to take thisA CCA

    financialreporting qualification.

    2. Ifyou are w orking professional,butnotyetqualified,then you m ay stillbe eligible.You w ill

    need to prove thatyou have one ofthe follow ing:

    three yearsrelevantaccounting experience (by subm itting a letterfrom yourem ployer)

    a relevantdegree plustw o yearsw ork experience

    an A CCA C ertificate in InternationalFinancialReporting plus tw o yearsw ork

    experience

    ACCAs Diploma In IFRS examination:Diplom a In IFRS exam inationsare held tw ice every yearin June & Decem ber.Diplom a In IFRS

    isa program designed and ow ned by ACCA,its exam ination is conducted by ACCA.EY or its

    personnelhave no role in the conductoroutcom e ofthe Diplom a In IFRS exam inations.

    Exam ination centresare in m ostofthe m ajorcitiesofIndia.

    Foradditionalinform ation on A CCA orDiplom a In IFRS please visitw w w .accaglobal.com

    http://www.accaglobal.com/http://www.accaglobal.com/
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    6 | Be prepared to deal with IFRS

    Standards covered in EY IFRS course

    IFRS IND-AS Details

    IA S 1 Ind-A S 1 Presentation ofFinancialStatem ent

    IAS 2 Ind-A S 2 Inventories

    IAS 8 Ind-A S 8 A ccounting Policies,Changes in A ccounting Estim ates & Errors

    IA S 10 Ind-A S 10 Eventsafterthe Reporting Period

    IA S 12 Ind-A S 12 Incom e Taxes

    IA S 16 Ind-A S 16 Property,Plantand Equipm ent

    IAS 17 Ind-A S 17 Leases

    IA S 19 Ind-A S 19 Em ployee Benefits

    IA S 20 Ind-A S 20 A ccounting forGovernm entG rants and Disclosure of

    Governm entassistance

    IA S 21 Ind-A S 21 The Effects ofChangesin Foreign Exchange Rates

    IA S 23 Ind-A S 23 Borrow ing Costs

    IA S 24 Ind-A S 24 Related Party Disclosures

    IA S 27 Ind-A S 27 Separate FinancialStatem ents

    IA S 28 Ind-A S 28 Investm ents in A ssociatesand JointV entures

    IA S 32 Ind-A S 32 FinancialInstrum ents:Presentation

    IA S 33 Ind-A S 33 Earnings perShare

    IA S 34 Ind-A S 34 Interim FinancialReporting

    IA S 36 Ind-A S 36 Im pairm entofA ssets

    IA S 37 Ind-A S 37 Provisions,ContingentLiabilities and ContingentA ssets

    IA S 38 Ind-A S 38 Intangible Assets

    IA S 39 N otissued FinancialInstrum ents:Recognition and M easurem ent

    IA S 40 Ind-A S 40 Investm entProperty

    IA S 41 Ind-A S 41 A griculture

    IFR S 1 Ind-A S 101 First-tim e Adoption ofIndian Accounting Standards

    IFRS 2 Ind-A S 102 Share-based Paym ent

    IFRS 3 Ind-A S 103 BusinessC om binations

    IFRS 5 Ind-A S 105 N on-currentA ssets Held forSale and Discontinued O perations

    IFRS 6 Ind-A S 106 Exploration forand Evaluation ofM ineralResources

    IFRS 7 Ind-A S 107 FinancialInstrum ents:Disclosures

    IFRS 8 Ind-A S 10 8 O perating Segm ents

    IFRS 9 Ind-A S 109 FinancialInstrum ents

    IFR S 10 Ind-A S 110 Consolidated FinancialStatem ents

    IFRS 11 Ind-A S 11 1 JointA rrangem ents

    IFR S 12 Ind-A S 112 Disclosure ofInterestin O therEntities

    IFRS 13 Ind-A S 113 FairValue M easurem ent

    IFRS 14 Ind-A S 114 Regulatory DeferralA ccounts

    IFRS 15 Ind-A S 115 Revenue from Contractw ith Custom ers

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    Our other offerings / programs

    Mohd. FurqanWarsiDirector

    A ssurance |FAA S

    Ernst& Young A ssociates LLP

    Em ail:Furqan.W arsi@ in.ey.com

    M obile:9650444344

    AnandAkhouri

    SeniorM anager

    A ssurance |FAAS

    Ernst& Young A ssociate LLP

    Em ail:A nand.A khouri@ in.ey.com

    M obile:8800410303

    Ind-AS Master Class

    PracticalInsights on transition

    to Ind-AS

    Income Computation and

    Disclosure Standards (ICDS) -

    Master Class

    Companies Act 2013

    Master Class

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    im plem entation ofCom panies

    Act2013

    Prevention on sextual

    harrasment

    M aster Class:

    Sexualharassm ent ofW om en

    atW orkplace -A ct2013 -A call

    to action

    IFC Master Class

    Be prepared to deal with IFRS | 7

    mailto:[email protected]:[email protected]:[email protected]:[email protected]
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    Ernst & Young LLP

    EY|A ssurance |Tax |Transactions|A dvisory

    About EY

    EY is a globalleader in assurance,tax,transaction and advisory services.

    The insights and quality services w e deliver help build trustand confidence

    in the capitalm arkets and in econom ies the w orld over.W e develop

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    Ernst& Young LLP is one ofthe Indian client serving m em ber firm s of

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    w w w.ey.com /in.

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    2015 Ernst& Young LLP.Published in India.

    AllR ights Reserved.

    EYIN15 11 -12 7

    ED None

    This publication contains inform ation in sum m ary form and is therefore

    intended for generalguidance only.Itis notintended to be a substitute

    for detailed research or the exercise ofprofessionaljudgm ent. Neither

    Ernst& Young LLP nor any other m em ber ofthe globalErnst& Young

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    JG

    http://www.ey.com/inhttp://www.ey.com/inhttp://www.ey.com/in