IFRS

•Blue indicates countries that have already adopted IFRS.

• Grey indicates countries in the process of adopting IFRS.

IFRS Certificate Programme at

Parle Tilak Vidyalaya Association’s Institute of Management
Chitrakar Ketkar Marg, Behind M L Dahanukar College,
Vile Parle (E), Mumbai 400057.
23rd & 3oth October, Saturday, 6 pm to 9 pm.
24th & 31st October, Sunday, 10 am to 3 pm.
Contact No. 022 - 26100 100
 What is the similarity between these companies ?

COLGATE - PALMOLIVE
G R O U P

State Bank of India RANBAXY

All the companies above, (your future employers !), have one thing in common….

A dire need for finance professionals well trained in International Financial Reporting

Standards (IFRS); for implementation and for reporting.

These employers could be in financial services, manufacturing, IT, or Trading.

They could be Indian or Foreign.

They could be having a net worth of 1000 crore, 500 crore or below.

IFRS implementation is expected to happen as per pre set deadlines, in 3 phases.

across the Indian corporate sector starting from 1st April 2011 and completing by

1st April 2014.

 “The next revolution after the software revolution will be in the world of accountancy
with the convergence of IFRS where we would be contributing the best and largest
number of young Accountants.” - Salman Khurshid,
Union Minister for Corporate Affairs

IFRS...The Next Revolution

With IFRS we can expect a common accounting system which is stable, transparent
and fair to investors across the world, whether local or foreign.
The cross border listing barriers shall be eliminated with IFRS and they will
be of great help for investors who generally ascribe a risk premium if
the underlying financial information is not prepared in accordance with
international standards.
International Mergers and Acquisitions will find it simpler for the parties
involved in as far as redrawing the financial statements is concerned.
Economies where IFRS-compliant financial statements are a norm would attract
Foreign Capital.

International Financial Reporting Standards & Management Students ?

Financial reporting, standards and compliance were traditionally considered to
be issues concerning professionals like CAs, CPAs only. Slowly but surely further
to 1st April 2011, corporate finance professionals with a management education,
Capital Markets professionals involved in the fields of derivatives, financial
services reporting etc, are all required to be conversant with IFRS and
all its facets.

PTVA’s IM...Another step forward

Parle Tilak Vidyalaya Association's Institute of Management (PTVA' IM) is a Management
instituted since September 2009 by the Parle Tilak Vidyalaya Association (PTVA), an
88 year old public trust having been in education since 1921. PTVA operates
3 schools and 3 colleges in suburbs of North and Central Mumbai. Having been in
Undergraduate education for a considerable number of years, the Management
Institute marks their foray into Post Graduate Degree education. Today, PTVA has a
name associated with integrity, quality and innovation.

With IFRS Course, PTVA's IM has become a pioneering institute to run courses on
International General Accepted Accounting Principles (GAAP).
 The programme shall cover basic levels of :
1) Introduction and Concepts
2) Financial Statements Presentation
3) Revenue Recognition
4) Recognition and Measurement of Assests
5) Recognition and Measurement of Liablities
6) Financial Instruments
7) Foreign Currency Differences Accounting
8) Disclosure Standards
9) Business Combinations and Consolidations
10) First-Time Adoption

Our Esteemed Faculty for the IFRS Certificate Programme includes :

CA Pooja Gupta CA Yagnesh Desai

• Chartered Accountant, Company Secretary • Chartered Accountant, CPA from USA
• LL.B, Masters in Finance from Frankfurt University • Practising since 1983
• Authored book on Standards relating to • Engaged in Imparting Training for IFRS
Financial Instruments • Extensive Knowledge and Exposure of IFRS
• Former Member-Accounting Standard Board of India implementation at MNC’s.
• Senior positions with Multinational Banks
in Asia & Europe for IFRS projects.
CA Mayur Choksi
CA Rammohan Bhave • Chartered Accountant based out of Mumbai
• IFRS & Strategy Consultant based out of Mumbai • Specialised IFRS Trainer
• IFRS Committee Member - ICAI WIRC • Faculty of IFRS and ISA
• Addressed an IFRS webinar for an Audience of over • Strategic Consulting
1100 across 75+ locations, • Advisor to PLC’s and MNC’s
Up for Limca Book of Records
• IFRS Speech at National Conference 2009

The participants upon clearing MCQ test on the last date shall get,
Certificate of Participation in the programmme.
The fees for the IFRS programme would be Rs. 4,000/-
 PTVA IM’s IFRS Certificate Programme
Application Form
Name : _____________________________________________

Address : ___________________________________________________________

___________________________________________________________________

___________________________________________________________________

Tel . : _____________ Cell . : _______________ Email : __________________

Education : _________________________________________________________

Present Institution :
Name : ____________________________________________________________

Address : __________________________________________________________

__________________________________________________________________

Contact Details : ____________________________________________________

What do I expect from IFRS Course : ____________________________________

__________________________________________________________________

__________________________________________________________________

Payment Details :
Cash / Demand Draft : ¨¨
DD No. Drawn On :
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Date : Amount : Signature

* PTVA’s IM holds all rights of conducting, altering, or cancelling the course.