Workshop on Ind AS Accounting Advisory Services

Transcription

1 KPMG Learning Academy Workshop on Ind AS Accounting Advisory Services With special modules on ICDS and latest regulatory developments An initiative by the KPMG in India IFRS Institute KPMG.com/in Learning on point

2 Changing regulatory landscape Notified in 2014, the Indian Accounting Standards (Ind AS), that have been converged with International Financial Reporting Standards (IFRS) (for companies with net worth more than INR500 crore along with all their holding companies, subsidiaries, joint ventures and associates), Income Computation and Disclosure Standards (ICDS), and upcoming Goods and Services Tax (GST), mark a paradigm shift in the regulatory and reporting landscape for companies in India, as shown below Workshop on Ind AS KPMG in India s IFRS Institute, brings to you a series of four-day workshops on Ind AS to provide insights on the various accounting standards (with coverage of relevant ICDS and latest regulatory developments requirements. The key takeaways from the workshop include: Detailed understanding of the road map and Ind AS, with practical case studies and implementation challenges Specific coverage of complex topics, such as financial instruments, business combinations, embedded leases and Employee Stock Ownership Plans (ESOPs), to name a few Planned transition to Ind AS, to enable participants to choose the most appropriate exemptions relevant to their organisations (Ind AS 101) An overview of the required changes and practical solutions for Enterprise Resource Planning (ERP)/IT infrastructure (such as SAP/ Oracle*, etc.) Sector-specific practical insights including global practices and industry nuances This is not merely an accounting or reporting change, but has significant entity-wide implications including, but not limited to: Business arrangements, including acquistion, contracting, strategic ventures, etc. Financing arrangements and structures Systems and processes, including IT systems Impact on financial covenants, fund raising, key ratios, net worth, capital requirements and many more Stakeholder communications The differences, impacts and implications of the ICDS/IndAS/IFRS Understanding the potential impact on key ratios and key performance indicators, which need to be communicated to investors/stakeholders. Daily interaction with topic champions to get some answers with reference to company specific question *Any or all trademarks identified here, are the property of their respective owner(s).

3 Key topics to be covered Revenue recognition Business combination Financial instruments Certificatio All participants shall be awarded a personalised KPMG certificate of participation. Income taxes Consolidation Property, plant and equipment Employee benefits Interactive sessions with a thrust on practical examples and scenarios Experienced professionals as instructors, including KPMG directors and partners First-time adoption ICDS and latest regulatory developments Difference between IFRS, Ind AS, ICDS and old AS Pedagogy Complimentary access to KPMG s Learning Management System and relevant material for a period of 12 months Who should attend KPMG differentiators CFOs, finance directors Finance controllers Finance professionals of small, medium and large sized companies. Experienced faculty Dedicated Learning team Trained more than 3,000 participants, across 200 corporates Coverage of Ind AS implementation issues Conducted 23 workshops with 760+ participants as part of the Ind AS series.

4 Workshop schedule The sixth series of workshops will be held as per the below schedule from 9:30 a.m. to 5:30 p.m. City Date Contacts Registration and fee Participation fee for the four-day programme is INR30,000 per delegate, inclusive of service tax. We request participants to make necessary accommodation and transport arrangements if travelling from outside host cities. Delhi 17, 18 and 24, 25 February 2017 Neha Chawla T: E: Mumbai Bangalore 17, 18, and 24, 25 February , 4 and 10, 11 March 2017 Manisha Sinha T: E: manishasinha@kpmg.com Sakshi Kattar T: E: sakshikattar@kpmg. Customised corporate workshop We would be pleased to conduct specific in-house workshops for your organisation, if you have an adequate number of participants. For enquiries related to corporate training, group nominations, please reach out to: Jatin Sabharwal T: E: jatins@kpmg.com

5 Glimpse of our workshops

6 About KPMG s Accounting Advisory Services KPMG Accounting Advisory Services (AAS) practice has more than 250 staff members across eight locations in India, we have extensive experience and qualified resources with a deep understanding of the finance function, financial reporting systems and processes within diverse industries. We use various databases, tools and methodologies that are based on global leading practices. KPMG has a dedicated Learning team consisting of full-time specialists comprising of academicians and counsellors; course managers, and trainers with practical experience in accounting, reporting and auditing matters. We hosted an IFRS conference, with the IFRS Foundation, where the Chairman of International Accounting Standards Board (IASB) was the key note speaker. We regularly present our insight and analysis on related matters through webinars and publications. A couple of points that help us stand out are: Among the first professional services firms to have a dedicated team comprising of trainers, practitioners, academicians. Conducted over 160 batches for DIP IFRS training, Finance fornon-finance (FFNF) training and other customised trainings forover 4700 participants. One of the first to launch advances certificate course on IFRS we have covered over 1,000 participants across 19 batches. corporates across the spectrum. Some of them are: Leading telecommunication companies A listed cement manufacturing company A large software and technology services provider A leading Business Process Outsourcing (BPO) and analytics organisation A leading computing services and software company A large Fast-Moving Consumer Goods (FMCG) company A leading hotel and hospitality chain A large shared service centre A leading life insurance company A large foreign trading company A leading federation of oil and energy companies A leading IT and ITeS provider. Related links We have conducted dedicated training batches for several

7 The KPMG Learning Academy Key differentiators Organisations spend millions of dollars on learning and development. This spend is only expected to increase. However, confidence in learning effectiveness remains a big question mark. To tackle this conundrum, the KPMG Learning Academy has a distinct approach that helps organisations develop effective learning that is impactful in their context. Our programmes incorporate adult learning principles such as immediate relevance, problem-solution centricity and self-direction. Our learning journey framework incorporates the typical progression of an employee in a specific job role, capturing job experiences that help ensure individuals succeed. A differentiated learning paradigm The KPMG Learning Academy brings together the breadth and depth of our subject matter expertise with superior learning design and technology capabilities. The Academy delivers a wide range of off-the-shelf digital, classroom and blended courses on a variety of subjects. For an organisation, we approach learning through the lens of solving business problems by being a trusted advisor. For a professional, we enable the personal transformation of the individual to unlock his/ her true potential. Holistic approach to learning Balance theory and business application Renowned faculty Learning Management System(LMS) Outcome-driven learning Robust control development Global capabilities Marquee alliances Help plan your learning journey

8 The KPMG Learning Academy 25 Forensic, Risk, Governance and Compliance 19 Performance, Process, Service and Quality 08 Digital and Technology 14 Finance 92 High Impact Learning Programmes 19 Leadership, Management and People

9 KPMG in India Ahmedabad Commerce House V 9th Floor, 902 & 903, Near Vodafone House, Corporate Road, Prahlad Nagar Ahmedabad T: F: Bengaluru Maruthi Info-Tech Centre 11-12/1, Inner Ring Road Koramangala, Bengaluru T: F: Chandigarh SCO (Ist Floor) Sector 8C, Madhya Marg Chandigarh T: /781 F: Chennai No.10, Mahatma Gandhi Road Nungambakkam Chennai T: F: Delhi Building No.10, 8th Floor DLF Cyber City, Phase II Gurgaon, Haryana T: F: Hyderabad /2 Reliance Humsafar, 4th Floor, Road No.11, Banjara Hills Hyderabad T: F: Kochi Syama Business Center 3rd Floor, NH By Pass Road, Vytilla, Kochi T: F: Kolkata Unit No , 6th Floor, Tower - 1, Godrej Waterside, Sector - V, Salt Lake, Kolkata T: F: Mumbai Lodha Excelus, Apollo Mills N. M. Joshi Marg Mahalaxmi, Mumbai T: F: Noida 6th Floor, Tower A Advant Navis Business Park Plot No. 07, Sector 142, Noida Express Way District Gautam Budh Nagar, Noida T: F: Pune 703, Godrej Castlemaine Bund Garden Pune T: /65 F: KPMG in India contacts Nitin Atroley Partner and Head Sales and Markets E: nitinatroley@kpmg.com T: Nishchae Suri Partner and Head KPMG Academy T: E: nishchaesuri@kpmg.com Gaurav Vohra Partner Accounting Advisory E: gauravv@kpmg.com T: Follow us on: kpmg.com/in/socialmedia KPMG.com/in 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 information without appropriate professional advice after a thorough examination of the particular situation. The KPMG name and logo are registered trademarks or trademarks of KPMG International.