It s time to comply prepared?

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1 It s time to comply with IFRS Are you prepared? Accounting Advisory Services KPMG Learning Academy KPMG.com/in Learning on point

2 About DipIFR Diploma in International Financial Reporting Standards (DipIFR) The International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB), is rapidly becoming a benchmark for the accounting world. With the growing number of countries opting for the standards, the number of finance professionals with qualification in IFRS is increasing globally. The convergence of Indian Accounting Standards (IndAS) with IFRS, notified in 2014, has led to a paradigm shift in the regulatory and reporting landscape for companies in India. Considering the significance of the standard, KPMG in India is pleased to announce the launch of batch 26 of its training programme for the DipIFR exam. DipIFR from the Association of Chartered Certified Accountants ACCA (U.K.), is a qualification which provide a detailed conceptual insight into IFRS. It is designed to develop an individual s knowledge of IFRS by providing an understanding of the concepts and principles which underpin them and their application in the internationalmarketplace. The diploma is widely accepted around the world. Objective On completion of the DipIFR course, individuals should be able to: Understand and explain the structure of the framework of international accounting. Apply relevant financial reporting standards to key elements of financial reports. Identify and apply disclosure requirements for companies in financial reports and notes. Prepare group financial statements (excluding group cashflow statements) including subsidiaries, associates and joint ventures. The KPMG advantage KPMG in India is the gold-approved learning provider accredited by ACCA. Participants will be provided access to the Learning Management System (LMS) for a year from the date of batch commencement, which includes: - Session presentations - Summary of standards - Session videos - Extracts of annual reports of IFRS compliant companies - KPMG in India publications that are available for download - Modules on the differences between IFRS/IndAS/IGAAP. The programme is conducted by experienced professionals from KPMG in India. The study material and question bank for DipIFR (ACCA) sourced from Becker Professional Education - ATC International, a gold - approved publisher of learning material by ACCA (U.K.). KPMG in India will award a certificate of participation to participants who have minimum 90 per cent attendance in the sessions and have appeared in all monitoring and mock tests conducted during the training. Course fees and schedule The programme fee (exclusive of GST) is INR 32,608 which includes the necessary study material, but excludes the examination registration fees payable to ACCA. Location Class schedule Programme highlights The programme is based on the Diploma in IFRS from ACCA s syllabus. It aims to prepare participants for the examination conducted by ACCA to attain their Diploma in IFRS with the help of mock examinations and self assessment tests. The programme covers 75 hours of intensive and interactive classroom training. The sessions conducted during the weekends, shall not only cover the designated topic, but also highlight the differentiating aspects of IFRS with respect to IndAS. Ahmedabad Delhi Mumbai Bangalore Batch commencing from February Batch commencing from March Batch commencing from March Batch commencing from March KPMG, anindian RegisteredPartnershipand a member firm ofthe KPMGnetworkof independentmember firms affiliatedwithkpmginternationalcooperative( KPMG International ), a Swissentity. All rightsreserved.

3 Who should attend? Chief Financial Officers (CFOs), finance directors and strategic planners Accountants, analysts and auditors Investment bankers and corporate bankers Private equity and merger and acquisition specialists Consultants practicing CA and CWA Professionals from Indian companies with a global presence Graduates who are part of finance/accounting teams DipIFR (ACCA) examination ACCADipIFR registration June exam details: Online application and copies of all your supporting documentation should reach ACCA by March for the June exam session. Eligibility If you are a professional accountant or auditor who works in a practice or business, and are qualified according to national accounting standards, then you are eligible to take this ACCA financial reporting qualification. If you are a working professional, but not yet qualified, then you may still be eligible. You will need to prove that you have one of the following: - Three years relevant accounting experience (by submitting a letter from your employer) - A relevant degree, with two years work experience - An ACCA certificate in International Financial Reporting, in addition to two years work experience. Assessment DipIFR will be assessed by a single three-hour written exam, which is held twice a year in June and December at ACCA s exam centres, including in India. The pass percentage for the exam is 50 per cent. The exam contains two sections and has a mix of computational and opinion-based questions. Some questions adopt a scenario/case study approach. The assessment will be held at various centres within India. Completion Successful candidates shall be awarded a Diploma in International Financial Reporting certificate by ACCA. Further details regarding the examination are available on com/en/qualifications/glance/ dipifr.html

4 Criteria for feedback Testimonials from previous batches The IFRS training provided by KPMG is really helpful for my career growth. Every standard has been elaborately explained with suitable examples which is very useful for us to remember for our examination point of view. Ashok Kumar (March 2016 batch) The IFRS programme provided me the solid accounting background and analytical skills for me to be more effective in my profession. All of the faculties seemed wonderful and attentive. They all seemed to fit perfectly with their students. Nitin Lohia (March 2014 batch) Overall very helpful. I would strongly recommend those who are willing to participate in Accounting standards trainings to undergo this programme by KPMG in India. Sisir Das (March 2016 batch) It was a great experience. Brilliant faculty. Looking forward to take more trainings from KPMG. Tania Singh (March 2016 batch) First things first, the session clocking for about eight hours a day is worth every minute of attending as topics covered are very much relevant from the perspective of exam. The lecture is so meticulously designed so as to impart the whole of course in 10 sessions. The study material provided by KPMG and Becker professional Education provided at the start of sessions is ample for preparing for exams. The course material is divided into 1) Study system (the actual text) the best part of course material is that it is very easy to revise it in a single day. 2) Revision question bank 3) Study question bank provide sufficient opportunity to practice past exam and exam like questions. The venue and food deserves a five star. My Overall experience 4.5 stars out of 5 provided every instruction of trainer is followed. Ankur Lodha (September 2013 batch) The views and opinions expressed herein are those of the participants and do not necessarily represent the views and opinions of KPMG in India. Feedback Overallrating Trainer was effective overall Trainer encouraged participation in discussions Trainer was able to clarify par- ticipant s queries satisfactorily Trainer made use of examples and/or illustrations well Trainer was knowledgable of the session content Overall, the experience were effective The time alloted to the session was appropriate The material was relevant as per the course objective The session met the stated learning objective Average ratings Trainer Content

5 KPMG Learning Academy The KPMG Learning Academy brings together our breadth and depth of subject matter expertise with learning design, technology skills and capabilities. We deliver a range of off-the-shelf digital, blended and classroom courses on a wide range of subjects, delivered through our secure and accessible online platform. The hallmark of the Academy is its approach by working with clients on solving for a business need, our learning programmes are outcome-focussed and embedded in our consulting experience. We collaborate with organisations through building holistic, combined learning modules relevant to business problems rather than conducting isolated training programmes. The Academy curriculum is designed to deliver more than just training, but measurable skills and capability that an organisation needs to realise its strategic aims. KPMG Learning Academy offering portfolio Learning strategy and transformation Forensic, Risk, Governance and Compliance Learning programme management Digital and Technology A consortiumof offerings Managed learning services Performance, Process, Service and Quality Over 90 programmes across 5 clusters Learning branding and communication Leadership, Management and People Learning infrastructure KPMG Learning Academy Finance Learning on Point Innovative technology: Powered by a leading technology platform, our Learning Management System provides a seamless learning experience combining instructor-led, self-paced, virtual classroom and mobile learning options. Learning design that delivers: The Academy brings real world experience and knowledge to contextualise learning designs so that their impact is measurable and relevant to organisations. We believe in defining clear objectives, curating content to pique emotional connect and engaging with alternate formats such as gamification and storytelling to deliver exceptional learning programmes. Global network: Our Academy operates across the world to develop compelling solutions that our clients need. We also work to create internationally recognised programmes that add unequalled value to organisations.

6 About KPMG in India KPMG in India, a professional services firm, is the Indian member firm of KPMG International and was established in September Our professionals leverage the global network of firms, providing detailed knowledge of local laws, regulations, markets and competition. KPMG has offices across India in Delhi, Chandigarh, Ahmedabad, Mumbai, Pune, Chennai, Bengaluru, Kochi, Hyderabad and Kolkata. Over 9,600 Indian and expatriate professionals, many of whom are internationally trained are part of the Firm. KPMG in India is currently offering services to over 3,000 national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment. For further details/clarifications and registration, please contact: Location Contact person Contactdetails address Delhi Manisha Sinha manishasinha@kpmg.com Mumbai NehaChawla nehachawla@kpmg.com Bangalore Sakshi Kattar sakshikattar@kpmg.com Ahmedabad Manisha Sinha manishasinha@kpmg.com For enquiries related to corporate Sanjeev Srivastava sksrivastava@kpmg.com batches

7 KPMG in India contacts: Mritunjay Kapur Partner and National Head Strategy and Markets Lead -Technology, Media and Telecom T: E: Sai Venkateshwaran Partner and Head Accounting Advisory Services T: E: Nischae Suri Partner and Head KPMG Academy T: E: Gaurav Vohra Partner Accounting Advisory Services T: E: Follow us on: kpmg.com/in/socialmedia The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such informationwithout appropriate professionaladvice after a thorough examination of the particular situation. KPMG, an Indian RegisteredPartnershipand a member firm of the KPMG networkof independent member firms affiliated with KPMG International Cooperative ( KPMG International ), a Swissentity. All rights reserved. The KPMGname and logo are registered trademarks or trademarks of KPMG International. Thisdocument is meant fore-communications only.