Duration: 2 Days
The programme is interactive, which gives participants the benefit of receiving immediate and direct answers to their questions and application issues. Among the questions addressed in this course are:
1. What are the critical differences between Indian, US and IASB standards?
2. Which are the most common differences that significantly affect the financial statements?
3. What are the most recent changes in the standards and when are they effective?
4. When is it expected that new convergence-related standards will be issued?
5. What are the primary requirements for first-time adoption of IFRS?
Course Summary
This two-day workshop provides an in-depth review and illustration of the critical differences between Indian GAAP, US GAAP and IFRS.
Course Benefits
- Minimize the learning curve for new GAAP by capitalizing on existing knowledge
- Understand the major technical differences between Indian GAAP, US GAAP and IFRS requirements
- Comply with 'fair value' measurement requirements
- Plan ahead for the implementation of new convergence-related standards
- Become familiar with the requirements for first-time adoption of IFRS
Teaching Method
- Discussion of prospects and likely timetable for global accounting convergence
- Review of the requirements for first-time adoption of IFRS
- All participants receive copies of the presentation slides and course materials
Course Summary
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