- The IFRS program for senior
finance professionals to be offered through 22
NIIT Imperia centres for advanced learning in
19 Major cities of India
New Delhi, February 19, 2009: NIIT, a leading Global
Talent Development Corporation and Asia’s No. 1 trainer, today announced the
launch of its new “Certificate Program in International Financial Reporting
Standards”, for successful adoption of International Financial Reporting
Standards (IFRS) which will be effectively mandatory in 2010. The course offered
by NIIT Imperia is aimed at helping companies for a smoother IFRS Convergence.
The course, which is meant for senior finance professionals, will be
offered through 22 NIIT Imperia centres for advanced learning in 19 Major cities
of India. The program will be delivered by Mr. Manipadma Datta, Ph.D. F.C.S.,
Professor and Area Chair, Finance, IMT Ghaziabad and will be conducted on March
1 & March 8, 2009.
The key objective of this workshop is to provide finance professionals with
the necessary information to restate Indian Financial Statements as per IFRS. It
seeks to help them to understand accounting and disclosure requirements under
IFRS, complex issues surrounding the recognition and measurement of financial
elements under IFRS, Key Differences in Indian GAAP and IFRS.
On introducing the program, Mr. Shraman Jha, Head, NIIT Imperia said,
“The program offered through NIIT Imperia is aimed at facilitating early
adoption of IFRS and successful implementation of this convergence. The level of
technical preparedness of the industry and accounting professionals is going to
be one of the greatest challenges of this transition.
“Through Imperia Network, IFRS Training would be offered in 19
cities simultaneously, making us the first organization to do so at such a wide
scale. We seek to upgrade the skills of finance professionals regarding these
standards, its inferences and transition procedure through this program,” he
adds.
The program presents the information needed to navigate complex issues
surrounding the recognition and measurement of financial elements under IFRS an
area closely scrutinized by regulators such as the SEC in the US and the
Financial Reporting Review Panel in the UK.
The program will focus on issues such as- IFRS Implementation Issues in
Select accounting policies, accounting for financial instruments – products,
measurement, recognition and disclosure ,what if situation, key IFRS Issues in
select industries. At the end of this program, students will be able to perform
their finance functions consistent with the requirements of IFRS, which is set
to become the single global accounting language.
The last date to apply for this course is February 25, 2009. The fee for
the program would be Rs. 11,500/- (Inclusive of Taxes).
About NIIT
NIIT, Asia’s No. 1 trainer and leading Global Talent Development
Corporation, offers learning and knowledge solutions to over 5 million students
across 40 countries.
Dataquest has conferred upon NIIT, the Top IT Training Company Award 2008.
Rated among India’s Business Superbrands 2008, NIIT’s Individual Learning
Solutions include industry-endorsed programs in IT like- GNIIT, Integrated
programs for Engineers (NIIT Edgeineers), Infrastructure Management programs
(NIIT GlobalNet+).
NIIT’s School Learning Solutions offers turnkey IT
integration program for schools and has provided computer-based learning to
nearly 7.8 million students in over 9,500 government and private schools. NIIT
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For working professionals, NIIT Imperia, Centre for Advanced
Learning, offers Executive Management Education Programmes in
association with Indian Institutes of Management (IIMs) at Ahmedabad, Indore,
Kolkata, Lucknow, IMT Ghaziabad and IIFT Delhi.
NIIT Institute of Finance Banking & Insurance (IFBI),
formed by NIIT with equity participation from ICICI Bank, offers
programs for individuals and corporates in Banking, Financial Services and
Insurance.
NIIT Uniqua, Centre for Process Excellence, addresses
the increasing demand for skilled workers in the business and technology
services industry. This is a part of NIIT Institute of Process Excellence, a
NIIT-Genpact venture.
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learning solutions (including strategic consulting, learning design, content
development, delivery, technology, assessment and learning management) to
Fortune 500 companies, Universities, Technology companies, Training corporations
and Publishing houses.
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and partners through a tailored combination of catalog learning products,
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NIIT together with Element K is now the first and the best
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