India's CPAs Seek IFRS Training as Deadline Approaches

Training institutes are mushrooming across India to cater to the demand for skills in the International Financial Reporting Standards (IFRS), reports Businessworld.

 

According to the newspaper, the big four audit firms have partnered with institutes to train professionals on the new standards which has to be implemented by April 1, 2011.

 

Quoting Alok Bansal, chief executive officer of Alethia Education Services, Businessworld says many practicising chartered accountants (CAs) are shelling out Rs 45,000 to take the courses which generally last three months.

 

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