Advanced Program Indian Accounting Standards

Converged with IFRS ( IND AS)

Program

The program has been designed to provide qualified accountants having some work experience detailed knowledge of Indian Accounting Standards converged with International Financial Reporting Standards ie IND AS. It has become pertinent for professional accountants to acquire in depth knowledge of IND AS.

It has become pertinent for professional accountants to have in depth knowledge of IND AS as the same been made mandatory by Ministry of Corporate Affairs ( MCA). Though the implementation is in phased manner the process has started from the current Financial Year. The endeavour of this program is to provide the participants:

  • In Depth Knowledge of IND AS
  • Highlight differences between Indian GAAP & IND AS
  • Comparison between IND AS and corresponding IFRS.
  • Knowledge for preparation of Financial Statements including Consolidated Financial Statements in consonance with IND AS.
  • The IND AS have been classified in five segments as follows:

    A) Statements related to Financial Reporting ( Day 1 to Day 5 )

    First time adoption of Indian Accounting Standards
    IND AS 101
    Presentation of Financial Statements
    IND AS 1
    Statement of Cash Flows
    IND AS 7
    Accounting Policies, Changes in Accounting
    IND AS 8
    Estimates & errors
    Events After Reporting Period
    IND AS 10
    Non Current Assets held for Sale & discontinued
    IND AS 105
    Operations
    Fair Value Measurement
    IND AS 113
    Operating Segments
    IND AS 108
    Related Party Disclosures
    IND AS 24
    Separate Financial Statements
    IND AS 27
    Earning Per Share
    IND AS 33
    Interim Financial Reports
    IND AS 34
    Investment Property
    INS AS 40
    B) Statements pertaining to Guidance on Financial Statements & Disclosures (Day 6 to Day 9 )

    Revenue from Contracts with Customers
    IND AS 115
    Inventories
    IND AS 2
    Income Tax
    IND AS 12
    Property, Plant & Equipments
    IND AS 16
    Leases
    IND AS 17
    Employee Benefits
    IND AS 19
    Share Based Payments
    IND AS 102
    Accounting for Govt Grants & disclosure of Govt Assistance
    IND AS 20
    Effect of changes in foreign exchange rates & Financial reporting in hyper inflationary economies
    IND AS 21 & IND AS 29
    Borrowing Costs
    IND AS 23
    Impairment of Assets
    IND AS 36
    Provisions, Contingencies ,Liabilities & Contingent Assets
    IND AS 21
    Intangible Assets
    IND AS 38
    C) Business Acquisitions & Consolidation ( Day 10 )

    Business Combinations
    IND AS 103
    Consolidated Financial Statements
    IND AS 110
    Joint Arrangements
    IND AS 111
    Disclosure of Interest in other entities
    IND AS 112
    Investment in Associates & Joint Ventures
    IND AS 28
    D) Financial Instruments ( Day 11)

    Financial Instruments
    IND AS 109
    Financial Instruments( presentation & disclosures)
    IND AS 32, IND AS 107 & IND AS 113
    E) Industry Specific Statements (Day 12)

    Insurance Contracts
    IND AS 104
    b) Exploration for & evaluation of mineral Resources
    IND AS 106
    Regulatory Deferral Accounts
    IND AS 114
    Agricultures
    IND AS 41
    Participants attending the entire course shall be eligible to receive Participation Certificate from the BSE Institute Ltd.

    Chartered Accountants, Company Secretaries, Accountants working in Corporates, Investment Bankers, Analysts ,Bankers, Legal Professionals engaged in Due Diligence etc

    12 days
    10.00 am to 5.30 pm

    Rs. 24,000 + Applicable Taxes per participant inclusive of tuition fees, reference material and (morning / evening) refreshments only.

    For further details regarding contents,
    E-mail: training@bseindia.com