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India is a land of opportunity that places premium on enterprise and creativity.I invite you, the Overseas Indians, to make use of the investment and business opportunities that india now offers. This is the time for all of us to become strategic partners in India's progress. By Dr. Manmohan Singh, Hon'ble Prime Minister of India
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International Financial Reporting Standard (IFRS) Summit 2011

Confederation of Indian Industry’s (CII) is organising 3rd International Conference on International Financial Reporting Standard (IFRS) on May 18, 2011, in Mumbai. The objective of this Summit is to discuss the notified Ind-AS and the Carve-outs from the perspective of different stake holders such as the Ministry of Corporate Affairs (MCA), the Institute of Chartered Accountants of India (ICAI), the Securities and Exchange Board of India (SEBI), National Advisory Committee on Accounting Standards (NACAS), the Ministry of Finance (MoF) and Indian Companies.
Other objectives of the Summit are:
  • Familiarise the audience with the impact of the Carve-outs on Indian companies
  • Discussion on how companies in India can choose the Carve-outs optimally to be compliant with Ind-AS and have minimum departure from IFRS issued by the IASB
  • Have a focused discussion around the issues and steps required to fully operationalize Ind-AS
  • Discussion on how reporting under Ind-AS will become business as usual for Indian companies and changes required in internal financial reporting framework and auditing process
  • Discussion on how Ind-AS will help Indian companies raise capital overseas
Event: International Financial Reporting Standard (IFRS) Summit 2011
CONTACT INFORMATION
Phone: 022 2493 1790 Extn: 456
Fax: 022 2493 9463 / 2494 5831
Website: http://www.cii.in
Ministry of Overseas Indian Affairs
Confederation of Indian Industry
OIFC is a not for profit public private initiative between the Ministry of Overseas Indian Affairs (MOIA) and the Confederation of Indian Industry (CII) aiming at expanding the economic engagement of the Indian diaspora with India.