Course Details / Course Objective

 

India Inc. will adopt Ind AS in a phased manner from 1st April 2016. Companies listed / in process of listing on Stock Exchanges in India or outside India having net worth of Rs. 500 crores should comply with IND AS from 1st Apr 2016 and companies having net worth equal or more than Rs. 250 crores, from 1st Apr 2017. NBFS will comply with the IND AS from 1st Apr 2018 for its Phase I and from 1st Apr 2019 for its Phase II.

Adoption of IND AS will mean substantial changes in the accounting policies related to valuing of assets and recognition of net revenues, among others. The adoption of Ind AS will improve corporate financial reporting in India making it comparable to other advanced economies, and reinforce India's resolve among the global community to adopt strong corporate governance practices.

ICWAI-MARF feels the need to train its members in the Indian Accounting Standards (IND AS). For this purpose ICWAI-MARF offers a 130 + hours e learning course on IND AS with a view to reach out to all members across India.

The objective of this course is to equip the Members and students of the Institute and others with the essential knowledge in the Indian Accounting Standards. It is also intended to educate the members about the practical application of the IND AS standards

On successful completion of this course, the learner will acquire a basic understanding of the various IND AS standards.