Diploma in IFRSDiploma in IFRS(International Financial Reporting (International Financial Reporting

Standards)Standards)Training Programme

BackgroundBackground

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.

BackgroundBackground

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

Why IFRS?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.

OpportunityOpportunity

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

About ACCAAbout 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.

About ACCAAbout 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

About ACCA, UK DipIFRS ExamAbout 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, 2010

Exam fees of £160 covers 1 attempt & you can retake for the same amount

Date for next exam is 9th December 2010 @ 2.30 PM

Objective of the courseObjective 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

Eligibility CriteriaEligibility 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 F&A department

Other graduates with at least 3 years of relevant work experience in the F&A department

Training ProgrammeTraining Programme

Duration : 10 days (70-80 hours)

Start Date : 13th June, 2010

Venue : Rajendra Bhawan, ITO

Timings : 10.00 am - 5.30 pm

Highlights : Live physical classes

ScheduleSchedule

Class Date Day Venue

1 13-Jun-10 Sunday Rajendra Bhawan2 27-Jun-10 Sunday Rajendra Bhawan3 11-Jul-10 Sunday Rajendra Bhawan4 25-Jul-10 Sunday Rajendra Bhawan5 8-Aug-10 Sunday Rajendra Bhawan6 22-Aug-10 Sunday Rajendra Bhawan7 5-Sep-10 Sunday Rajendra Bhawan8 19-Sep-10 Sunday Rajendra Bhawan9 3-Oct-10 Sunday Rajendra Bhawan

10 17-Oct-10 Sunday Rajendra Bhawan

Minto Road

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Rajendra Bhawan

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Towards India GateTowards Delhi Gate

Modern School Flyover

Minto Bridge

Shivaji Bridge

Location Map

Not to scaleNew Delhi Railway Station

FeesFees

Total Course Fee - Rs. 32,000/- (all inclusive)(includes the cost of study material, lunch and two tea breaks

during the programme)

About The Study MaterialAbout 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 ACCA’s curriculum, complete with illustrations & examples; aimed at explaining concepts & mind maps which ensures mastering the concept & enhancing analytical skills

Regularly revised and updated

About The FacultyAbout The Faculty

Mr. Rammohan BhaveCA, CS, CWA, LLB, DipIFRS, Six Sigma Green Belt29 Years in industryLast 13 years as CFO /Finance Director with groups like

Mittal Group at Europe Gammon India Reliance Infocomm Foundation software at US, Sing, OZ Blue Star & Blue star infotech Mafatlal Crompton Greaves

About TakshilaAbout 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

Represent ExamMatrix, a US based company for providing training for USA CPA

Courses are carefully chosen & designed to meet a wide range of training requirements of individuals and corporates

Takshila AdvantageTakshila 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

Misc InfoMisc Info

Reference websites:www.takshilalearning.comwww.accaglobal.com

Payment to be made in favour of ‘Takshila Learning Pvt. Ltd.‘

Cheques to be sent to B-55, West Patel Nagar, New Delhi - 110008

Documents NeededDocuments 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 yearsICWA/Other graduates – Degree certificate/Final exam mark sheet & 3 years experience in F&A letter from employer validating relevant work experience of 3 yearsACCA registration form with GBP 160 pounds/Application declaration form Passport size Photographs -2 nos.

Feedback/QueriesFeedback/QueriesRajesh Butta

MMS, BITS Pilani91-9810374836