IFRS

International Financial Reporting Standards (IFRS) are Standards,[1] Interpretations and the Framework[2][3] adopted by the International Accounting Standards Board (IASB).

Many of the standards forming part of IFRS are known by the older name of International Accounting Standards (IAS). IAS were issued between 1973 and 2001 by the Board of the International Accounting Standards Committee (IASC). On 1 April 2001, the new IASB took over from the IASC the responsibility for setting International Accounting Standards. During its first meeting the new Board adopted existing IAS and SICs. The IASB has continued to develop standards calling the new standards IFRS.

As you must be aware, The Indian Accounting Standards will soon be replaced by IFRS and the deadline for all Indian Corporates is April 2011.

Concorde Academics provides In-House training to corporates and open house training programs for company executives for IFRS. The training program will have two modules. A two-day and a five-day module.

The modules will be designed as per the requirement of the corporate for the in-house training program and as per the profile of the executives attending the open house training program for IFRS.