Indian Accounting Standards (Ind AS)

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1 2 nd National Seminar Indian Accounting Standards (Ind AS) Friday, 12 th February Issues and Challenges in Implementation Sunville Banquet & Conference, Worli, Mumbai Knowledge Partner Supporting Partner

2 Accounting Standards are a set of rules that are aimed at making accounts more consistent, comparable and thereby bringing a harmonization of accounting policies, principles and practices that, in turn, are expected to enhance corporate governance and responsibility. One of the recent developments in the field of Accounting Standards is the convergence of Accounting Standards with IFRS. Idea of global harmonization of Accounting Standards stems from lack of comparability of financial statements across the countries. The main fascination with adoption or convergence is sound business sense. The increasing cross border investments has posed a challenge to companies, as they face multiple standards. Convergence can greatly contribute to build global financial reporting infrastructure. In pursuance to the Budget Announcement by the Union Finance Minister Shri Arun Jaitley, after consultations with Reserve Bank of India (RBI), Insurance Regulatory and Development Authority(IRDA) and Pension Fund Regulatory and Development Authority (PFRDA), the roadmap for implementation of Indian Accounting Standards (Ind AS) converged with International Financial Reporting Standards (IFRS) for Scheduled commercial banks (excluding RRBs), insurers/insurance companies and Non- Banking Financial Companies (NBFC s) has already been drawn up. Therefore to address the various aspects and emerging issues related to Ind AS, ASSOCHAM is organizing 2 nd National Seminar on Indian Accounting Standards Issues and Challenges in Implementation on 12 th February, 2016 at Mumbai. The Seminar will provide an opportunity to the participants, corporates to have insight on concerned latest issues and challenges in the implementation of new Accounting Standards for regulators, policymakers, professional firms and corporates.

3 Key Discussion Topics Embracing global standards the way forward and impact on Corporate India (Roadmap, Implementation challenges and Impact beyond accounting) Key differences between Ind-AS and Existing AS Implementing the new standards: Ind-AS 32 and Ind-AS 109 on Financial Instruments Implementing the new standards: Ind-AS114- Fair Value Measurement Implementing the new standards: Ind-AS115 Revenue from contracts with customers Objectives To discuss the Issues and Challenges in Implementation of the new Indian Accounting Standards (Ind AS). To Understand the role of new Indian Accounting Standards (Ind AS) in the new emerging accounting world. To Understand and apply the new Indian Accounting Standards (Ind AS) in professional life more effectively. To keep track of these continuously evolving standards. To enhance skills of accountants to be globally competent. Attendees Profile Group Finance Director Chief Accountant Finance Manager Bank Manager Finance Controller Accountants Financial Analyst Auditors Portfolio Manager

4 Invited Eminent Speakers Shri Deepak Singhal, Executive Director, Reserve Bank of India Shri K. L. Kamboj, Regional Director, Ministry of Corporate Affairs Dr. T. Pandian, Registrar of Companies, Ministry of Corporate Affairs Shri Sunil Kanoria, President, ASSOCHAM & Vice Chairman, SREI Group Dr. Ashok Haldia, Senior Member, ASSOCHAM and CEO & MD, PTC India Financial Services Ltd. Shri Pavan Kumar Vijay, Chairman, ASSOCHAM National Council for M&A and MD, Corporate Professionals Capital Pvt. Ltd. Ms. Preeti Malhotra, Chairperson, ASSOCHAM National Council for Corporate Affairs & CSR and ED, Smart Global Representatives from Grant Thornton India LLP

5 Sponsorship Opportunities By sponsoring or advertising in this Conference of National level your organization can have a Great Brand Visibility, can raise company profile and gain unparalleled access to the key decision makers in this industry. You may choose from various sponsorship packages given below: Category Cost Event Partner Rs. 5 Lakh Gold Partner (Corporates) Rs. 3 Lakh Legal Partner (Law Firms) Rs. 3 Lakh Supporting Partner Rs. 1 Lakh Kit Sponsor* Rs. 1.5 Lakh Lanyard Partner* Rs. 1.5 Lakh Logo in the Backdrop Speaker Slot in Inaugural Session Speaker Slot in Business Session Corporate Literature in the Delegate Kit Acknowledgement in Thank you Panel Standees at the Conference Venue Delegate Passes * Exclusive

6 Name Designation Company Name & Address Phone # Mobile # ASSOCHAM, 5 Sardar Patel Marg, Chanakyapuri, New Delhi ID Mode of Payment (Rs. 5,000 /-) Cheque/DD NEFT Online (Credit Card) Others Details ASSOCHAM, 5 Sardar Patel Marg, Chanakyapuri, New Delhi

7 For More Details, kindly contact: Abhishek Saxena / Abhishek.saxena@assocham.com Santosh Parashar santosh.parashar@assocham.com Pankaj Mishra pankaj.mishra@assocham.com ASSOCHAM, 5 Sardar Patel Marg, Chanakyapuri, New Delhi

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