Updated on: Tuesday, November 30, 2010
Deloitte Touche Tohmatsu India Private limited (Deloitte in India) and Everonn Education Limited announced a joint programme to offer training in International Financial Reporting Standards (IFRS) and Enterprise Risk Management. The two courses are planned to be rolled out during December 2010. With the new accounting standards set to be applied April 2011 onwards, it is imperative both at individual and corporate level to invest and develop the talent needed to support the IFRS conversion.
The IFRS content developed by Deloitte in India will be delivered by its team of experts from Everonn Studios across the country using Everonn’s unique VSAT platform.
IFRS Basic course is targeted at non-professionals (graduates and those in the stage of completing their graduation) who would seek employment in accounting. This course will help participants gain a good working knowledge of various aspects of IFRS. The training is expected to be for 48 hours total, with sessions of two hours each.
The IFRS Advanced course is targeted at professionals and seasoned employees engaged in the accounting profession and provide higher level knowledge of all key aspects of IFRS. The trainings will conclude with an evaluation based upon which a certification of completion would be provided. The Risk Intelligence courses which will be rolled out within the next three months, will target high end professionals and business schools.
Commenting on the collaboration, Jim Brady, Leader of Deloitte’s Risk Consulting Practice said, “This collaboration assumes significance considering the Ministry of Company Affairs has laid down the road map for IFRS applicability in India. Therefore, we see a need to build a large pool of IFRS skilled professionals in the India. Deloitte in India is committed to deploy the best in class tutors from its highly experienced and talented pool of professionals in order to achieve our objective”.
Kishore, Managing Director of Everonn remarked, “Everonn has a presence in more than 1800 higher education institutions across India, and with Deloitte India’s corporate clientele reach, this program is expected to receive excellent response in the marketplace. The joint IFRS training programme gives a opportunity to large population of students and professionals to be equipped with the required IFRS knowledge.”