Reading & Signing-Off on Ind-AS / IFRS Financials

📘 Module 1: Overview of Ind‑AS / IFRS Framework (1 Hour)

• Transition from Indian GAAP to Ind‑AS
• IFRS convergence and global comparability
• Key principles-based differences: substance over form, fair value, etc.
• Hierarchy of standards and updates from ICAI/IASB

📘 Module 2: Balance Sheet & P&L Analysis (1 Hour 15 Minutes)

• Reading key components: assets, equity, liabilities
• Revenue recognition (Ind‑AS 115), lease liabilities (Ind‑AS 116)
• Expense classification and operating metrics
• Earnings per share, EBITDA, and adjustments

📘 Module 3: Cash Flows, Notes & Disclosures (1 Hour)

• Cash Flow Statement format and classification
• Footnotes and related-party disclosures
• Contingent liabilities, impairments, and fair valuation assumptions
• Red flags in disclosures: significant estimates, going concern

📘 Module 4: Roles, Responsibilities & Review Procedures (1 Hour)

• Director and CFO sign-off responsibilities under Companies Act, 2013
• Audit committee and board-level review focus
• Audit qualifications, CARO, and management representations
• Reviewing audit trails, checklists, and working papers

📘 Module 5: Complex Areas in Ind‑AS / IFRS (1 Hour)

• Business combinations (Ind‑AS 103)
• Financial instruments: FVTOCI/FVTPL, hedge accounting (Ind‑AS 109)
• Impairments (Ind‑AS 36) and intangible assets (Ind‑AS 38)
• Deferred tax and MAT reconciliation

📘 Module 6: Practical Lab & Case Studies (45 Minutes)

• Reviewing annual reports and extracting red flags
• Analyzing earnings reports and investor presentations
• Checklist for financial statement sign-off
• Case studies from listed Indian and global companies

📘 Read with insight, sign with confidence — Master the review of Ind‑AS / IFRS statements for reliable sign-off and informed governance.