Training Solutions on International Financial Reporting Standards (IFRS

)

November 2010

Contents

Recent Developments

About the training programs
Upcoming programs Program Director and Trainer Pool About KPMG in India – Accounting Advisory Services

Synchronous Learning – NIIT Imperia
Other details

To know more call Us At 1800-236-0304 (Or)Write to imperia@niit.com.
2010 KPMG, an Indian Partnership and a a member firm of the KPMG networkindependent member firms affiliatedaffiliated KPMG, an Indian Partnership and member firm of the KPMG network of of independent member firms with KPMG with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. All rights reserved.
© 2010 ©

International Cooperative (“KPMG International”), a Swiss entity.
2

IFRS convergence in India – Recent developments

Announcement by the Ministry of Corporate Affairs (MCA) dated November 4, 2010

Existing Indian

Accounting Standards
Timeline of achieving convergence Phase 1 – Transition date April 1, 2011
Companies (listed or unlisted) with net worth in excess of INR 1000 Crores

IFRS converged standards

ICAI had set up a Group including nominees from Ministry of Finance for identifying tax issues arising on convergence. The MCA has instructed it to come up with a specific proposal which will be revenue neutral and also compatible with IFRS

Phase 2 – Transition date April 1, 2013
Companies (listed or unlisted) with net worth in excess of INR 500 Crores but less than INR 1000 Crores

Phase 3 – Transition date April 1, 2014
All other listed Companies

Based on the transition dates for standard on financial instruments (AS 30, AS 31 and AS 32) as issued by ICAI, it is most likely to be effective from April 1, 2011.
To know more call Us At 1800-266-0304 (Or)Write to imperia@niit.com.
2010 KPMG, an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
©

3

Contents

Recent Developments

About the training program
Upcoming programs Program Director and Trainer Pool About KPMG in India – Accounting Advisory Services

Synchronous Learning – NIIT Imperia
Other details

To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.com.
2010 KPMG, an Indian Partnership and a member a member firm of the KPMG network of independent © 2010 KPMG, an Indian Partnership and firm of the KPMG network of independent member firms affiliated member firms affiliated with KPMG with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
©

4

© 5 . All rights reserved. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). Ram Iyer. • How can I register for the Information session? •To attend information session about the program Register Here or call 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. KPMG in India who is also the program director of the IFRS programs will be hosting the information session and answer your queries about the program. 2010 KPMG.Information session for the programs • Why should I attend the Information Session? • To evaluate the programs rigorously and in depth before taking the final decision on the programs to be pursued • Who will host the Information Session? •Mr. Director Accounting Advisory Services. a Swiss entity.com.

com. 6 . an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).Program 1 Advanced Certificate Program on IFRS: Implementation and Compliance Back © 2010To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 KPMG. (Others) (Or)Write to imperia@niit. a Swiss entity. All rights reserved.

Capgemini. etc. 7 . Oriental bank of Commerce. Hindustan Motors. Reliance Power. Tata Motors. © 2010 KPMG.About the program  Professional from KPMG in India with significant IFRS conversion Faculty experience  Trainers of International Repute  Focused toward challenges to be faced by each stakeholder in Program Design IFRS conversion  Practical inputs on carrying out a conversion exercise  Mix of Experience Sharing Real Life Case Discussion Pedagogy  Use of Illustrative Financial Statements Industry Disclosure Requirements. etc. ICICI Prudential Life Insurance. All rights reserved. Yahoo. Certification  Certification of completion on successful assessment clearance from KPMG in India and NIIT Imperia In the first twelve batches. organizations like Wipro Technologies. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).com. NHPC. a Swiss entity. have nominated their employees for the program To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. Bank of Maharashtra.

About the program (continued) Program director Ram Iyer. 8. CWA’s. CS’. 51. © 2010 KPMG. 19. a Swiss entity. Accounting Advisory Services.com.23 Mar 2. 2.16. 27 May 4. Batch 13 Wednesday 9:00AM – 5:30 PM Feb 16. Mar 4. Service Tax – INR.INR 42. Sat (9AM-12PM) Feb 18. 9 Batch 15 Wednesday 9:00AM – 5:30 PM Apr 13. 11. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). Director. 18.951/- To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. 18 Fees Batch 13 & 15. 19. MBA (Finance).3 percent. 5. All rights reserved. 8 .466/Batch 14– INR. 26. KPMG in India Duration 48 hours Eligibility Graduates.500/. Apr 1.9. 11. 12. 20.100/.+ 10. CA’s. 26.INR 38.+ 10. 47.3% Service Tax.23 Schedule (Tentative) Batch 14 Fri 6:30 PM-9:30 PM. 25. Students majoring in finance. 25.

and professionals from Indian companies with a global presence To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.Who should attend? This program should be of value to you if you are:  Graduate who is a part of Finance/ Accounting team  Student of CA/ CS/ ICWA/ CFA Final level  CFO & Finance Director  Analysts. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). All rights reserved. CWA. Accountant  Investment Banker  Corporate Banker  Strategic Planner  Auditor  Private Equity & Merger & Acquisition specialist  Tax Director  Consultant  Practicing CA. CS. a Swiss entity. 9 . © 2010 KPMG.com.

All rights reserved. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). © (2010) KPMG. . plant and equipment.com. change in accounting policies and errors Consolidation To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. intangible assets and investment property Revenue recognition Impairment and Provisions/contingencies Business combinations Employee benefits. Share based payment. operating segments.Module Coverage The effect of change in Foreign exchange rates Overview/Roadmap and IFRS Framework Income taxes Presentation of financial statements Property. a Swiss entity. events After the balance sheet date. Non-current assets held for sale and discontinued operations Financial instruments Leases. borrowing costs.

© (2010) KPMG. status and scope of the Framework  The fundamental concepts and definitions upon which IFRS‟s are based  The history and objectives of IASB  IASB as an organisation  IFRS‟s around the world  IASB‟s work program  The concept paper of ICAI and current environment on transition to IFRS Topics covered in the module  IFRS‟s issued by the IASB including IFRS 1  IAS‟s issued by the IASC or revisions thereof issued by the IASB  Interpretations issued by the IFRIC and approved by IASB  SIC interpretations approved by the IASB or the IASC To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.com. . All rights reserved.Overview/Roadmap and IFRS Framework Upon completion you should understand  The purpose. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). a Swiss entity.

© (2010) KPMG.com. a Swiss entity. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). All rights reserved. .Presentation of financial statements Upon completion you should understand  The required components of financial statements  How to apply overall financial statement concepts and assumptions  The structure of financial statements Topics covered in the module      Statement of financial position Statement of comprehensive income Statement of changes in equity Statement of cash flows Notes To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.

.g. .com.Construction contracts  IFRIC 13 –Customer royalty program To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). a Swiss entity. All rights reserved. © (2010) KPMG. IAS 11 or other)  When revenue should be recognised  How revenue is measured  The steps that should be followed for revenue recognition  When to separate components of a contract  The presentation and disclosure requirements Topics covered in the module  IAS 18. IAS 18.Revenue recognition Upon completion you should understand  The types of income that exist and what the applicable standards and interpretations are (e.Revenue recognition  IAS 11.

Business Combination Upon completion you should understand  Business combination and identify transactions qualifying as business combination  How to identify the effective date.com. .Revenue recognition  IAS 11. a Swiss entity.Construction contracts  IFRIC 13 –Customer royalty program To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. all liabilities. © (2010) KPMG. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). All rights reserved.controlling interest in the acquiree at their acquisition date fair values  How to determine the consideration transferred and goodwill or bargain purchase in a business combination  How to determine the amount of contingent consideration to be accounted as part of consideration transferred  The presentation and disclosure requirements related to business combinations and non-controlling interest Topics covered in the module  IAS 18. and any non. transactions that meet the definition of business and control  How to identify the acquirer in a business combination  How to determine the date of business combination/acquisition and the date on which the acquirer obtains control of the acquiree  How to recognise all assets acquired.

All rights reserved. a Swiss entity.Financial instruments Upon completion you should understand  The definition of financial instruments and different categories of financial instruments  The accounting for each of the categories of financial instruments  The definition of derivatives and an introduction to plain vanilla derivative products (options. © (2010) KPMG. .Financial instruments: disclosure and presentation  IFRS 7. swaps etc.) and the overall accounting framework for derivatives  The concept of embedded derivatives (hybrid instruments)  The concept of „Hedging‟ by learning the three different types of hedging relationships and the key accounting differences in those three different hedging relationships  The classification and disclosure of financial instruments Topics covered in the module  IAS 39.Financial instruments: recognition and measurement  IAS 32. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).com.Financial instruments: disclosure To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.

an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). associates and joint ventures)  How to account for them  The principles of consolidation.Consolidation – Special purpose entities To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. © (2010) KPMG.Investment in associates  IAS 31. a Swiss entity. equity accounting and proportionate consolidation  The consolidation disclosure requirements Topics covered in the module  IAS 27.Consolidation Upon completion you should understand  How to distinguish different kinds of entities (subsidiaries. All rights reserved.Consolidation and separate financial statements  IAS 28.com. .Interest in joint ventures  SIC 12.

© (2010) KPMG.The effect of change in foreign exchange rates Upon completion you should understand  How to determine a company‟s functional currency  How foreign currency transactions and balances are translated into a company‟s functional currency  How foreign currency financial statements are translated for consolidation purposes  The presentation and disclosure requirements  The indicators of a hyperinflationary economy Topics covered in the module  IAS 21. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). All rights reserved. .The effect of change in foreign exchange rates  IAS 29. a Swiss entity.Financial reporting in hyperinflationary economies To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.com.

.com. © (2010) KPMG. All rights reserved. a Swiss entity.Income taxes Upon completion you should understand  The concepts of current and deferred income taxes  How income taxes are accounted for by the asset / liability method  The concept of „temporary differences‟ and ascertain how these differences arise and how they need to be accounted for  How to evaluate the appropriateness of recording valuation allowance against deferred tax assets  The presentation and disclosure requirements relating to current and deferred income taxes Topics covered in the module  IAS 12. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).Income taxes To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.

© (2010) KPMG.Property plant and equipment. plant and equipment (PPE). . intangible assets and investment property Upon completion you should understand  How to identify and account for intangible assets  How to identify and account for investment properties  The revaluation and cost models of accounting for property.Property plant and equipment  IAS 38. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). a Swiss entity.Intangible assets  IAS 40. All rights reserved. restoration and similar liabilities  The presentation and disclosure requirements Topics covered in the module  IAS 16. intangible assets and investment property  How to account for changes in depreciation methods / useful life / residual value  The differences between repairs and maintenance.com. replacements and major inspections  How to account for changes in existing decommissioning.Investment property To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.

com.Impairment of assets  IAS 37.Provision contingent liabilities and contingent assets To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. . All rights reserved.Impairment and provisions/contingencies Upon completion you should understand  The procedures that an entity applies to help determine that its assets are carried at no more than their recoverable amount  The practical difficulties in applying this standard  The definition of a provision. contingent liability and contingent asset  The recognition and measurement criteria for provisions. a Swiss entity. contingent liabilities and contingent assets  The application of IAS 37 to specific circumstances  The presentation disclosure requirements  About the current developments – IASB & IFRIC – regarding IAS 37 Topics covered in the module  IAS 36. © (2010) KPMG. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).

Non current assets held for sale and discontinued operations To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. . © (2010) KPMG.com. a Swiss entity.Employee benefits  IFRS 2. All rights reserved.Employee benefits.Share based payments  IFRS 5. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). Non-current assets held for sale and discontinued operations Upon completion you should understand  The key application issues on employee benefits  The key application issues on share based payments  The key application issues on non current assets held for sale  The key application issues on discontinued operations  The key differences on the above topics with reference to Indian GAAP Topics covered in the module  IAS 19. Share based payment.

Leases. borrowing costs.com. change in accounting estimates and errors  IAS 10 – Events after the reporting period To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. © (2010) KPMG. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). events after the balance sheet date. .Borrowing costs  IFRS 8. operating segments. a Swiss entity.Operating Segments  IAS 8 – Accounting policies. change in accounting policies and errors Upon completion you should understand  The key application issues on leasing including right to use  The key application issues on borrowing costs  The key application issues on operating segments  The key application issues on event occurring after the balance sheet date  The key application issues on change in accounting policies and errors  The key differences on the above topics with reference to Indian GAAP Topics covered in the module  IAS 17 and IFRIC 4.Leases and Determining whether an arrangement contains a lease  IAS 23. All rights reserved.

Approach to IFRS Conversion Upon completion you should understand  How and when to start IFRS conversion  The different steps involved in IFRS conversion  The role of different stakeholders in the IFRS conversion  How to assess the impact of IFRS conversion on company existing financial reporting and practices  IFRS 1 – First time adoption of IFRS Topics covered in the module  IFRS 1 – First time adoption of IFRS  KPMG approach to IFRS conversion To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.com. . All rights reserved. © (2010) KPMG. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). a Swiss entity.

MRP: €155  Reference book – Captures all important IFRS – IFRS updates can been obtained by registering on KPMG IFRS Institute  KPMG Publications .Course & Reference Material  Name of the book  Insights to IFRS .Common  IFRS: An Overview  Disclosure Checklist  Illustrative Financial Statements . © 2010 KPMG. 24 . All rights reserved. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). IFRS Developing Roadmap to Convergence To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit.The purpose of this publication is to assist you in preparing financial statements in accordance with International Financial Reporting Standards (IFRSs).KPMG's practical guide to International Financial  Reporting Standards 5th Edition 2008/09 .com. a Swiss entity.

com.Industry Specific Reference Material Industry Mining Airline Reference Material Mining Executive Summary Accounting for Leases of Aircraft Fleet Assets in the Global Airline Industry Components of Aircraft Acquisition Cost Associated Depreciation and Impairment Testing in the Global Air Consumer Goods Pharma Telecom Banks Media Technology Oil & Gas Power Retail The Application of IFRS on Consumer Good Sector IFRS . 25 . © 2010 KPMG. All rights reserved.KPMG's Pharmaceutical and Life Sciences IFRS Conversion Guide IFRS and Pharmaceuticals Companies IFRS Accounting in the Telecoms Industry IFRS Convergence for the Indian banking sector IFRS-Illustrative-financial-statements IFRS Practical Issues Accounting Strategies for the Media and Publishing Industries The Application of IFRS for Technology Companies IFRS-application on oil-gas IFRS-application-power-utilities Impact of IFRS on Retail Sector Infrastructure Impact of IFRS on Infrastructure companies To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. a Swiss entity. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).

a Swiss entity. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). All rights reserved.com 2010 KPMG.Sample Certificate ( To know more call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or)Write to imperia@niit. © 26 .

Contents Recent Developments About the training programs Upcoming programs Program Director and Trainer Pool About KPMG in India – Accounting Advisory Services Synchronous Learning – NIIT Imperia Other details © KPMG.independent reserved. All rights reserved. 27 . a network of All a member affiliated firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). a Swiss entity. firms 2010 an International Cooperative member Partnership and rightsmember KPMG. ©2010 with KPMG Indian Partnership and a (“KPMG firm of the KPMG Swiss entity. an Indian International”).

an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).Upcoming Programs  One Day Program on Accounting for Acquisitions under IFRS  One Day Program on Impact of IFRS Disclosure Requirements on Indian Companies  One Day Program on Impact of IFRS on the Real Estate industry  One Day Program on Impact of IFRS on the IT / ITES industry  1. a Swiss entity. All rights reserved.5 Days Program on Financial Instruments © 2010 KPMG. 28 .

an Indian International”). ©2010 with KPMG Indian Partnership and a (“KPMG firm of the KPMG Swiss entity. All rights reserved. firms 2010 an International Cooperative member Partnership and rightsmember KPMG.Contents Recent Developments About the training programs Upcoming programs Program Director and Trainer Pool About KPMG in India – Accounting Advisory Services Synchronous Learning – NIIT Imperia Other details © KPMG. a network of All a member affiliated firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). a Swiss entity.independent reserved. 29 .

Accounting Advisory Services. All rights reserved.  He has served several prominent Indian corporates. Ram is experienced in the fields of audits and accounting including Indian GAAP.Ram Iyer – Program Director Name Position Qualifications Experience  Ram Iyer  Director. GAAP. He is a Director in KPMG's Accounting Advisory Services practice.  Ram has designed and presented U. 30 . an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). He has also presented sessions at various institutions and professional bodies. a Swiss entity.  Ram has led the global KPMG US GAAP internal training program development including mapping IFRS differences. Ram also has significant training experience. US GAAP.S. Ram has written articles on international accounting in leading journals. © 2010 KPMG. both multinational and Indian. In addition. IFRS and training. Ram has trained KPMG colleagues in Western and Eastern Europe and Latin America. IFRS and Indian GAAP training to several corporates. including financial institutions. As part of this project. with US GAAP and IFRS conversion. KPMG in India  Chartered Accountant  Ram is a chartered accountant and CPA.

© 31 . Auto and Telecom dealing with US GAAP/GAAS and IFRS. a Swiss entity. 2010 KPMG. All rights reserved. Egypt) in the past. Sandip is a member of the Institute of Chartered Accountants of India as well as an alumnus of IIM Ahmedabad  Sandip has extensive audit experience spanning across a sector of industries including IT/ITES. He has more than 10 year of auditing and accounting experience. Sandip has gained significant experience of US GAAP and US Capital market while managing the US IPO process of a large global company as based out of India. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). Accounting Advisory Services Member of the Institute of Chartered Accountants of India (14th Rank Holder all India) Qualifications  Experience  Sandip Khetan is a director in the Accounting Advisory Services of KPMG and is based out of Delhi. Moscow. He has worked with both large Indian business houses and multinationals.  Sandip is an active participant in training initiatives and have conducted many training session on US GAAP/ IFRS for clients and for different member firms (Dubai. Media.Sandip Khetan . He is the engagement manager on a largest BPO company in India which is only domestic SEC registrant from India.Program Advisor Name Position  Sandip Khetan  Director.

Chandrasekhar B Senior Manager Chandrashekhar is a senior manager in Accounting Advisory Services („AAS‟). a Swiss entity. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).Trainer Pool (1) Koosai Lehery Director Koosai is a senior manager in Accounting Advisory Services („AAS‟). 2010 KPMG. He specializes in providing audit and accounting advisory services on IFRS conversion to leading Indian and global companies. He also provides financial and tax due diligence services and has been a speaker and trainer at various forums. All rights reserved. He has been providing IFRS and US GAAP conversion services to leading Indian and global companies. © 32 . He is an active member on the project for development of training material.

IT services and software among others. He has over 8 years of experience in audit and accounting with extensive exposure to Media. He has extensive audit and accounting experience spanning across a sector of industries including Energy. All rights reserved. © 33 . 2010 KPMG. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). He has been involved in several US GAAP and IFRS conversion projects and has been a speaker and trainer at various forums. He has worked in the Global IFRS audit division of multinational company in Germany for 3 years. Darshan Varma Senior Manager Darshan is a senior manager in Accounting Advisory Services („AAS‟).Trainer Pool (2) Rajiv Shah Senior Manager Rajiv is senior manager in the Accounting Advisory Services („AAS‟). Automobiles and Consumer Goods under local GAAP and IFRS. a Swiss entity.

Indian and US GAAP in the past in India and the United Kingdom. 2010 KPMG. All rights reserved. Ashish Gupta Manager Ashish is a manager in Accounting Advisory Services (AAS). a Swiss entity. in India and the United Kingdom. manufacturing and engineering under IFRS.Trainer Pool (3) Shashikant Shenoy Manager Shashikant is a manager in Accounting Advisory Services („AAS‟). He has worked across diverse industries including IT/ITES. US GAAP and Indian GAAP. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). He has been involved in IFRS conversion projects and audits under IFRS. IFRS and US GAAP in the past. He has significant audit experience under Indian GAAP. Ashish has been actively involved in IFRS conversion projects of large and medium scale companies. © 34 .

He has worked on various IFRS conversion projects and has been a regular speaker and trainer at various forums including the ICAI. a Swiss entity. 2010 KPMG.Trainer Pool (4) Surinder Jain Manager Surinder is a manager in Accounting Advisory Services („AAS‟). He has more than 6 years experience including a significant experience in the field of IFRS and US GAAP. including 5 years of audit experience in the United Kingdom. He has more than 8 years of audit and IFRS advisory experience across various sectors. © 35 . He has been involved in IFRS trainings and several large and medium size IFRS conversion projects. All rights reserved. Dinesh Jangid Manager Dinesh is a manager in Accounting Advisory Services („AAS‟). an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).

He has been actively engaged in IFRS audit and advisory engagements for listed entities in India and the United Kingdom 2010 KPMG. All rights reserved.Trainer Pool (5) Vivek Sahni Manager Vivek is a manager in Accounting Advisory Services („AAS‟). He has prior experience in Indian GAAP. a Swiss entity. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). IFRS and US GAAP. © 36 .

a Swiss entity. All rights reserved. rights reserved. Cooperative (“KPMG International”). firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).Contents Recent Developments About the training programs Upcoming programs Program Director and Trainer Pool About KPMG in India – Accounting Advisory Services Synchronous Learning – NIIT Imperia Other details © 2010 KPMG. 37 . an Indian Partnership and a member firm of the KPMG network of independent member firms © 2010 KPMG Internationalan Indian Partnership andAlla member affiliated with KPMG. a Swiss entity.

a Swiss entity. 2009 was USD 20. Over 15 trainings conducted in 2008 We also rotate staff to our overseas offices to enhance their knowledge and utilize their experience in providing value added services to clients in India Provide services to over 5000 clients spanning multinationals and local public and private sector companies KOLKATA MUMBAI PUNE HYDERABAD BANGALORE CHENNAI KOCHI © 2010 KPMG.Overview of KPMG in India KPMG was established in India in September 1993 and today operates from nine offices across the country The combined revenue of member firms of KPMG International for the fiscal year ending September 30.11 billion Youngest and the fastest growing Big 4 in India. All rights reserved. 38 .000 people across 144 countries led by 7953 Partners CHANDIGARH NEW DELHI Training is a focus area in KPMG and it is mandatory for all professionals to complete prescribed minimum training hours KPMG India has been providing US GAAP trainings to a number of KPMG Offices across Europe and Asia. KPMG was established in India in September 1993 and today operates from nine offices across the country KPMG member firms combine 140. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).

an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). Graduates Solutions Global Conversion Services IPO Reporting Advisory Post Deal Accounting Advisory Accounting Advisory (Including Loan Staff) Carve outs Practice highlights  Fully accredited AAS practice  Fully aligned with global initiatives  Engaged with more than 100 IFRS projects across sectors completed and ongoing  Multi-service line IFRS resource pool in place (More than 200 IFRS resources)  Integrated IFRS Conversion Services practice with professionals with experience in accounting. All rights reserved. audit. due diligence and securities offering assignments in India and abroad. training. CPA. 39 .KPMG in India Accounting Advisory Services – A profile People Profile Qualifications: CA. processes and IT advisory  Leaders in providing training services under IFRS and US GAAP  Successfully completed the largest accounting restatement project in India  Leaders in assisting clients in implementing new and complex accounting standards (for example. AS-30)  Accounting advisory retainer arrangements with several clients Special skills Professionals with industry experience in all sectors and experience on accounting advisory. Training Solutions Restatement Book keeping services Due Diligence Support © 2010 KPMG. a Swiss entity.

a Swiss entity.Contents Recent Developments About the training programs Upcoming programs Program Director and Trainer Pool About KPMG in India – Accounting Advisory Services Synchronous Learning – NIIT Imperia Other details ©2010 KPMG. Indian Partnership and a and a firm of the firm of the KPMG network member firms affiliated with KPMG International Cooperative (“KPMG International”). All rights reserved. anan Indian Partnershipmember member KPMG network of independent of independent © 2010 KPMG. All rights reserved. Cooperative (“KPMG International”). member firms affiliated with KPMG International 40 . a Swiss entity.

connected directly to faculty at institutes Classroom interactions & ambience are facilitated by clusters of student-stations and camera & projection systems that can span the full classroom.Technology Edge    STUDIO VIEW   CLASSROOM VIEW © 18 Classrooms in 17 cities Direct one-to-one interaction is fostered through individual ICT systems for each student: – High-performance PCs – Webcam – Audio system and microphone at each workstation. a Swiss entity. 6 Synchronous Learning Centers created within corporate premises Learning Management System (LMS): – supplementary e-learning – program-specific notices – online submission of assignments – reminder services – online testing – student records 2010 KPMG. All rights reserved. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). 41 .NIIT Imperia .

an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).Virtual Tour of Synchronous Learning Tabulation of responses Quizzes randomly created by the teacher 2010 KPMG. a Swiss entity.Synchronous Learning REPLICATION OF LIVE CLASSROOM Full features of face-to-face teaching Raised-hand-seekingteacher's-attention Link. All rights reserved. © 42 .

a Swiss entity. an Indian Partnership and a member a member firm of the KPMG network of independent © 2010 KPMG. All rights reserved.Contents Recent Developments About the training programs Upcoming programs Program Director and Trainer Pool About KPMG in India – Accounting Advisory Services Synchronous Learning – NIIT Imperia Other details 2010 KPMG. Cooperative (“KPMG International”). an Indian Partnership and firm of the KPMG network of independent member firms affiliated member firms affiliated with KPMG International with KPMG International Cooperative (“KPMG International”). © 43 . a Swiss entity. All rights reserved.

Soham Surface Coatings Pvt.Ms. Yogini Medadkar. Specially Mr Iyer. "The content is adequate and very informative. Ltd. Max Buba Health Insurance Company Limited "A well-structured program to give a holistic view of the IFRS on a macro level and some relevant aspects of the workings of IFRS in the Indian context.Ajay Mukherjee." .. Head . © 44 . Partner." .What our earlier batch participants had to say about the program? “"The program has helped me in getting a detailed knowledge about the application of IFRS Standards its application and treatment of accounting records." . a Swiss entity. all the speakers were good. Manager ." .Finance & Accounts. "Well organized. All rights reserved. Apurv Relan & Co. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). Tata Steel Processing & Distribution Ltd. thereby the program is not monotonous.Finance & Accounting. effective learning. Chartered Accountant 2010 KPMG. Mr Khetan & Mr Mankani were very good.Anil Lamba. Divisional Controller F&A. The faculty is experienced and teachers give lot of practical examples.Apurv Relan.

an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). Limited Seats Availability Application Forms  Application forms can be obtained from www. All rights reserved. 2010. a Swiss entity.niitimperia.How to apply Application Period  Application for the Batch will commence from Nov 18. © 45 .com or at local NIIT Imperia Centers Documents Required for Application  1 Passport size photo affixed [Latest photo with light backdrop] Information Session  To attend information session about the program Register Here 2010 KPMG.

All rights reserved.For further information Contact us Call Us At 1800-266-0304 (MTNL/BSNL) or 040-66124690 (Others) (Or) Write to imperia@niit. © 46 . a Swiss entity.com 2010 KPMG. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”).

Thank You © 2010 KPMG. All rights reserved. an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”). . The KPMG name. logo and "cutting through complexity" are registered trademarks or trademarks of KPMG International Cooperative ("KPMG International"). a Swiss entity.