NIIT, a Global Talent Development Corporation, announced the launch of its new "Certificate Programme in International Financial Reporting Standards", for successful adoption of International Financial Reporting Standards (IFRS) which will be effectively mandatory in 2010. The course offered by NIIT Imperia is aimed at helping companies for a smoother IFRS Convergence.
The course, which is meant for senior finance professionals, will be offered through 22 NIIT Imperia centres for advanced learning in 19 Major cities of India. The programme will be delivered by Manipadma Datta, PhD FCS, Professor and Area Chair, Finance, IMT Ghaziabad and will be conducted on March 1 and March 8, 2009.
The key objective of this workshop is to provide finance professionals with the necessary information to restate Indian Financial Statements as per IFRS. It seeks to help them to understand accounting and disclosure requirements under IFRS, complex issues surrounding the recognition and measurement of financial elements under IFRS, key differences in Indian GAAP and IFRS.
The programme presents the information needed to navigate complex issues surrounding the recognition and measurement of financial elements under IFRS an area closely scrutinised by regulators such as the SEC in the US and the Financial Reporting Review Panel in the UK.
The programme will focus on issues such as- IFRS Implementation Issues in select accounting policies, accounting for financial instruments - products, measurement, recognition and disclosure, what if situation, key IFRS Issues in select industries. At the end of this program, students will be able to perform their finance functions consistent with the requirements of IFRS, which is set to become the single global accounting language.
The last date to apply for this course is February 25, 2009.