Indian Accounting Standards (Ind AS) are accounting norms issued by the Indian government and prepared by the Institute of Chartered Accountants of India (ICAI) to enhance global accessibility and transparency in financial reporting. With Indian companies increasingly venturing into global markets, the demand for Ind AS expertise continues to rise. These accounting standards play a crucial role in maintaining consistency and comparability in financial reporting, allowing investors and stakeholders to assess the financial performance of different companies. Thus, a thorough understanding of Ind AS is now imperative for finance professionals navigating complex regulatory and reporting requirements.
LearninGT by Grant Thornton Bharat is pleased to offer its ‘Certificate in Indian Accounting Standards (Ind AS),’ designed to equip participants with a deep understanding of key Ind AS principles, including financial instruments, revenue recognition, business combinations, fair value measurement, leases and more. The programme also provides a comparative view of Ind AS and IFRS, helping professionals navigate differences and apply the standards effectively in real-world scenarios.
Learning objectives
- To develop a comprehensive understanding of Ind AS and their practical applications
- To analyse and compare Ind AS with IFRS to enhance decision-making
- To apply complex financial standards like financial instruments, consolidation and share-based payments
- To understand the ethical and professional considerations in implementing Ind AS
- To manage real-world financial reporting scenarios effectively
Who should attend?
- Accounting and finance professionals
- Chartered Accountants (CAs) and Association of Chartered Certified Accountants (ACCAs)
- Finance managers and controllers
- Auditors and consultants
- Commerce graduates and postgraduates
- Business owners and entrepreneurs
Programme coverage
The programme covers key Ind AS standards along with their comparisons with IFRS:
- Ind AS 101: First-time adoption of Ind AS
- Ind AS 102: Share-based payments
- Ind AS 103: Business combinations
- Ind AS 105: Non-current assets held for sale and discontinued operations
- Ind AS 107: Financial instruments – Disclosures
- Ind AS 108: Operating segments
- Ind AS 109: Financial instruments
- Ind AS 110: Consolidated financial statements
- Ind AS 111: Joint arrangements
- Ind AS 112: Disclosure of interests in other entities
- Ind AS 113: Fair value measurement
- Ind AS 115: Revenue from contracts with customers
- Ind AS 116: Leases
- Ind AS 1: Presentation of financial statements (including IFRS 18)
- Ind AS 8: Accounting policies, changes in accounting estimates and errors
- Ind AS 10: Events after the reporting period
- Ind AS 12: Income taxes
- Ind AS 16: Property, plant and equipment
- Ind AS 19: Employee benefits
- Ind AS 20: Accounting for government grants and disclosure of government assistance
- Ind AS 21: Effects of changes in foreign exchange rates
- Ind AS 23: Borrowing costs
- Ind AS 24: Related-party disclosures
- Ind AS 27: Separate financial statements
- Ind AS 28: Investments in associates and joint ventures
- Ind AS 36: Impairment of assets
- Ind AS 37: Provisions, contingent liabilities and contingent assets
- Ind AS 32: Financial instruments – Presentation
- Ind AS 38: Intangible assets
- IND AS vs. IFRS: A comprehensive comparison for practical application
Programme deliverables
- 40 hours of learning content
- Extensive course material and case studies
- Quizzes and assessments
- Access to Grant Thornton Bharat’s LMS for one year
- Query resolution from an expert within 24 hours
- Certificate of completion post final assessment
Fee
Programme fee: 15,000 + GST
Cancellation and refund policy
- 50% refund for cancellations up to five days before the start date
- No refunds for cancellations within five days of the start or no-shows
- Cancellations must be emailed; participants may join future batches at no extra cost upon early request