The Institute of Cost Accountants of India to organise Workshop on Presentation and Disclosures of Financial Statements as per the revised Schedule VI on the 19th- 20th April

  The Institute of Cost Accountants of India to organise Workshop on Presentation and Dsclosures of Financial Statements as per the revised  Schedule VI to the Companies Act , 1956 on 19th- 20th April, 2012.

In the context of preparation and presentation of Balance Sheet , and Statement of Profit and Loss as per the new Schedule VI to the Companies Act , 1956 for the accounting period commencing on or after 1.4.2011 , classification of various elements of financial statements and developing related disclosures is a critical corporate reporting issue.

 This Workshop has been designed to address all relevant issues relating to presentation of Financial Statements in the New Schedule VI format in case analysis mode.

 TOPICS

  ¢Operating cycle analysis by line of business

¢Operating cycle analysis by service sector companies recognising revenue applying proportionate completion method as per AS 9

¢Operating cycle analysis by construction companies recognising revenue applying AS 7

¢Age analysis of Trade receivables, inventories

¢Classification of stores and spares

¢Classification of exceptional and extraordinary items

¢Cash and cash equivalents classification and disclosures

¢Other operating revenue versus other income

¢Discontinuing operations

¢Analysis of capital advance

¢Classification and disclosures of provisions

¢Contingent liabilities

¢Disclosure of commitments

¢Presentation and disclosures of :

Long term borrowings & short term borrowings, Long term and short term loans and advances, Other elements of Balance Sheet and Statement of Profit and Loss

¢Preparation of notes to accounts

¢Classification of elements of financial statements by Finance Companies

¢Disclosures under AS 1-AS 7 & AS9 AS 29.

¢Review of International Disclosure practices

 FOR WHOM

 Senior and Middle level executives of Public and Private Sector Undertakings, Government Departments, Autonomous Bodies, Banks, Financial Institutions, Insurance Companies, Multi-nationals, Cost Accountants, Chartered Accountants and Company Secretaries will find the programme rewarding.

 METHODOLOGY

 The programme will be developed through lectures, discussions and case studies.

 DATES

 19-20 April, 2012 (Timings : 09.30 Hrs. to 17.30 Hrs.)

 VENUE

 Hotel The Park, 15 Parliament Street, New Delhi 110 001. (Tel – 011 23743000)

 The seats are limited to only 50 on first come first serve basis.

 COURSE FEE

 Rs.10000/- (Rupees ten thousand only) per participant on non residential basis. The fee includes course fee, course material (book by Dr. TP Ghosh on Revised Schedule VI) including course kit, lunch & tea/coffee.

 FOR REGISTRATION AND FURTHER DETAILS PLEASE CONTACT

 Shri D. Chandru

 Director (Continuing Education Programme)

 The Institute of Cost Accountants of India

 CMA Bhawan, 3 Institutional Area, Lodhi Road, New Delhi 110 003

 Phone: 011-24622156-57-58, 24618645 (M) 09818601200

 Tele-Fax-011-43583642/24622156/24618645

 E-mail :mdp@icwai.org, cep.chandru@icwai.org

Website :www.mdp.icwai.org, www.icwai.org

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