Académique Documents
Professionnel Documents
Culture Documents
Reporting Standards
(IFRS) – Implementation and Compliance
KPMG IN INDIA
Content
Program Modules
How to apply
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 2
About the program
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 3
About the program
Faculty Professional from KPMG in India with significant IFRS conversion experience
Trainer of International Repute
Certification Certification of completion on successful assessment clearance from KPMG in India and NIIT Imperia
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 4
About the program
Duration: 6 weeks
Eligibility: Graduate min 2yrs. Work experience are eligible to join the program [Experience requirement are
waived off for CA, CS, CWA’s, MBA (Finance) and corporate nomination]
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 5
Who should attend?
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 6
Program
Modules
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 7
Module Coverage
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 8
Overview/Roadmap and IFRS Framework
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Presentation of financial statements
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Revenue recognition
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Business Combination
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Financial instruments
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Consolidation
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The effect of change in foreign exchange rates
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Income taxes
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Property plant and equipment, intangible assets and investment property
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 17
Impairment and provisions/contingencies
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 18
Employee benefits, Share based payment, Non-current assets held for sale and
discontinued operations
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 19
Leases, borrowing costs, operating segments, events after the balance sheet date,
change in accounting policies and errors
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 20
Approach to IFRS Conversion
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 21
Know your Program
Faculty
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 22
Ram Iyer
He has served several prominent Indian corporates, including financial institutions, with US GAAP and IFRS
conversion. Ram also has significant project management and training experience.
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 23
Sandip Khetan
Qualifications Member of the Institute of Chartered Accountants of India (14th Rank Holder all India)
Experience Sandip Khetan is a director in the Accounting Advisory Services of KPMG and is based out of Delhi. He has
more than 10 year of auditing and accounting experience. Sandip is a member of the Institute of Chartered
Accountants of India as well as an alumnus of IIM Ahmedabad
Sandip has extensive audit experience spanning across a sector of industries including IT/ITES, Media, Auto and
Telecom dealing with US GAAP/GAAS and IFRS. He has worked with both large Indian business houses and
multinationals. He is the engagement manager on a largest BPO company in India which is only domestic SEC
registrant from India. Sandip has gained significant experience of US GAAP and US Capital market while
managing the entire US IPO process of Genpact as engagement manager.
Sandip experience includes clients such as Genpact, Global Vantedge, Money control. com, Cadence design
systems, Freescale semiconductor, Hindalco, Apollo Tyres, Ericssion, SRF etc among many more. Sandip is an
active participant in firm training initiatives and have conducted many training session on US GAAP/ IFRS for
clients and for different member firms (Dubai, Moscow, Egypt) in the past.
Sandip has also worked with HCL Technologies for a period of 4 years during which he was leading the
corporate finance MIS team and has worked closely with the top management of HCL corporate team. Sandip
was leading the overall US GAAP reporting of HCL Technologies.
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 24
About KPMG IFRS
practice
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 25
KPMG IFRS practice in India
Established IFRS practice in India with more than 100 engagements and more than
200 resources. Integrated teams to address technology and process issues related to
IFRS adoption.
Committed to providing thought leadership in IFRS.
Significant experience of carrying out large IFRS conversion projects.
Professional staff having international experience implementing IFRS (including IAS 39)
and are extremely well networked within core IFRS practices in Europe, Canada and
Australia.
Dedicated centralized IFRS technical group which works closely with KPMG's International
Financial Reporting Group in London.
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 26
Synchronous Learning –
NIIT Imperia
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NIIT IMPERIA - Technology Edge
18 Classrooms in 17 cities
Direct one-to-one interaction is fostered through individual ICT systems for
each student:
– High-performance PCs
– Webcam
– Audio system and microphone at each workstation, connected directly to
faculty at institutes
Classroom interactions & ambience are facilitated by clusters of student-stations
and camera & projection systems that can span the full classroom.
STUDIO VIEW
6 Synchronous Learning Centers created within corporate premises
Learning Management System (LMS):
– supplementary e-learning
– program-specific notices
– online submission of assignments
– reminder services
– online testing
– student records
CLASSROOM VIEW
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Synchronous Learning
Raised-hand-seeking-
teacher's-attention
Tabulation of responses
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How to Apply
© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 30
How to Apply
Application forms
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© 2009 KPMG, an Indian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved. 32