Faculty Study Circle
“Concepts and Regulation of IFRS” held on 10th October 2017

The eleventh Faculty Study Circle organized disseminates knowledge of much needed reporting practice International Financial Reporting Standards held on 10th October 2017. Dignitaries were welcomed by Smt. Ume Salma, Assistant Professor, Department for Commerce and Coordinator, Faculty Study Circle. Dr. S. Anil Kumar, Principal, SSMRV College addressed the gathering and gave a note on IFRS in India. Sri. CMA Millin Date, Chief Learning Officer, ISDA delivered a lecture on concept of IFRS and its regulation. Lecture focused on conceptual aspect, background and history of IFRS. Mr. Millin Date explained about the impairment, importance, method of implementation, classification and measurement are well as accounting treatment related to IFRS. Mr. Millin discussed major difference of IND – AS to IFRS and application of IFRS on Indian accounting practice. The session followed by interaction and question and answer session with faculties. 80 faculties of various colleges all over Bengaluru have attended the session. Smt. Roopalatha, Assistant Professor, Department of Commerce delivered vote of thanks to guests and gathering


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