Why this workshop?

Central Government has replaced existing Schedule VI with a revised one which is to be applicable from 1st April 2011 i.e. financial year 2011-12. Revised Schedule VI is a step towards convergence with IFRS on presentations of financial statements which has lead to a sea change in the disclosure requirements in financial statements Thus it has become very imperative for a need to understand the requirements of the Revised Schedule VI.

Concurrently Ministry of Corporate affairs i.e. MCA has mandated filing of financial statements in Extensible Business Reporting Language i.e. XBRL form, and towards this a XBRL validation tool has been provided by MCA the use of which for validation is a prerequisite for filing Financial Statements. This workshop is aimed to provide an understanding of XBRL requirements

Knowledge and skills gained

1. Understanding the requirements of Revised Schedule VI
2. Knowledge on contents and disclosure requirements of Financial statements under Revised Schedule VI.
3. Basic understanding of XBRL and how it works
4. Being prepared for XBRL filing requirement as mandated by MCA

Who will benefit

Financial heads, company secretaries and others involved in finalization and compliance of Indian Corporate

What the workshop covers

Introductions and Overview:

Revised Schedule VI Brief Background Step towards convergence with IFRS Concept of cross reference to “Notes”. Only Part I and II in existence Part III & IV done away with.	Session -III Over View Of XBRL XBRL – Extensible Business Reporting Language Brief Background XBRL International XBRL India
Session -I Contents Of Schedule VI General Instructions Part –I Form of Balance Sheet ( Only Vertical form) Part –II Form of Statement of Profit & Loss Account Definition of Current Assets, Operating Cycle and Current Liabilities Disclosure in Notes to Financial Statements	Session -IV Understanding how XBRL works & benefits Taxonomies Tagging Schemas and Link basis XBRL instance documents Advantages of XBRL MCA mandate on XBRL e-filing Steps for filing Financial Statements in XBRL form in MCA system
Session -II Comparison between old & Revised Schedule VI. Comparison with old Schedule VI	Session -V Practical Issues on Revised Schedule VI and On XBRL – implementation strategies

Faculty

Ramesh Narayan is a Fellow member of the Institute of Chartered Accountants of India.

He has been in Practice of the Profession for the last 22 years. He has been chiefly associated with organizations like Hindustan Unilever Limited as a resource person for several of their function and Units across India and Globally. He has over time through himself and his firm led and conducted Sarbanes Oxley compliance for various Unilever companies in South East Asia, Africa, Europe and Whole of North America including USA.

He has an expert knowledge of commercial processes. Apart from Audit and Taxation he has a wide range of experience including heading a manufacturing unit in Bengal. He has also worked extensively in the Development sector with Donors like DFID, Oxfam, Bill and Melinda Gates Foundation and HIV/AIDS India Alliance. He is empanelled with World Bank as Short term Financial Consultant He has conducted workshops all over the country for Organizations like CII , ISB, apart from other list of corporate houses./ He possesses a Masters Degree in Commerce and a Bachelors degree in Law from Calcutta University.

Methodology

In our workshop, we maximize knowledge assimilation in the participants through combination of execution elements like case discussions, exercises, simulated games and activities, video led sessions and discussions on global best practices. At the end of each workshop we facilitate the participants to distill Key Learning and prepare Action Plans to deliver solid business results for our clients.

Recent Participants :

ABN Amro, Accenture, Acer, A.F.Ferguson, Arvind Mills, Aventis Pharma, Ballarpur Industries, Bank of America, Bennet Coleman, BNP Paribas, Central Bank of India, Colgate Palmolive, Crompton Greaves, Bharti TeleTech, Bluestar, BNPParibas, BOC, BOI, CAMS, Castrol, CII, Cognizant Technology, CRISIL, Deccan Herald, Duncans, Ernst & Young, Exxon Mobil, GAIL, Godrej & Boyce, General Motors, Google, HCL, Heinz, Henkel Arabia, Hindalco, Honda, Honeywell, HPCL, Hyundai, IBM, Indian Hotels, ITC, Ispat Industries, Ingersoll Rand, ITC Infotech, KPMG, Kirloskar Oil Engines, Kodak, Kotak Mahindra, L&T, Living Media, Lufthansa, Mahindra & Mahindra, MCF, Mico Bosch, MRF, Maruti Suzuki, Mitshubishi, NCR Corporation, Nishit Desai, NTPC, Oberoi Hotels, Oracle, Oil India, Perfetti, Punjab National Bank, RBS, Reckitt Benckiser, Reliance Media World, Reserve Bank of India, RMSI, Samsung, Saint Gobain, Shipping Corporation, Siemens, State Trading Corporation, State Bank Of India, Standard Chartered Bank, SAP Lab, Titan, TVS, Tata Communication, Tata Consultancy Services, Tata Global Beverages, Tata Motors, Tata Power, Tata Ryerson, Tata Teleservices, Taj Hotels, United Breweries, United Spirits, Vedanta, Vodafone, Wartsila, WIPRO, World Bank etc.

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Fees and Registration :

One Day Workshop- The fee which covers lunch & tea/coffee  and reading material, is Rs 7,500/- plus service tax @10% Plus education cess @3% = Rs. 8,273/- per participant. For the organizations sending three and more delegates the fee is Rs. 7,000/- plus service tax @10% Plus education cess @3% = Rs. 7,721/- per participant. The fee is payable by cheque in favor of "NR Performance Edge Consultants Pvt. Ltd.", at any of our addresses below. The workshop is non residential.

Our Service Tax Registration No. is AACCN1359CST001 & PAN AACCN1359C

Kindly send your nomination/s through email to performanceedge@gmail.com or on your letter head indicating Name/s, Designation, Phone No., Fax No. and E-Mail ID of the nominees along with the fee to reach us at least seven days before the workshop, the nominations can be sent to our Kolkata, Gurgaon or Mumbai office: The company reserves the right to change venue, contents, dates and speakers. The service tax on fee will be applicable based on the latest Government notification in force on workshops dates.

NR Performance EDGE Consultants Pvt. Ltd.