KPMG’s Learning
Solutions - KPMG
Course for Accounting
Professionals
June, 2012
Contents
KPMG Course for Accounting Professionals
About us
KPMG Advantage
Appendix
© 2012 KPMG, an Indian Partnership and a member firm of the KPMG network of independent
member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss
entity. All rights reserved.
1
KPMG Course For
Accounting
Professionals
KPMG Course for Accounting Professionals (1/3)
In order to upgrade the skills of existing team and providing the training to new joiners in financial accounting and
reporting we wish to offer “KPMG Course for Accounting Professionals”. This course provides detailed
understanding of core concepts of accounting along with practical insight.
Nature: A course in General accounting providing understanding of:
 Practical aspects of accounting
 Industry specific practices
Product Details
 Preparation and presentation of financial statements
 Basic understanding of IFRS
 Basic concepts of direct and indirect taxation
Duration: 400 hours
Certification
© 2012 KPMG, an Indian Partnership and a member firm of the KPMG
network of independent member firms affiliated with KPMG International
Cooperative (“KPMG International”), a Swiss entity. All rights reserved .
Certification by KPMG on clearing the exam conducted by KPMG
Certificate of participation for all participants subject to 90 percent attendance
3
KPMG Course for Accounting Professionals (2/3)
Program design
 Duration of the Program is 6 Months
 400 Hrs of Online Live tutoring & LMS Supported Learning’s by KPMG
 Learning material will include Books , Classroom/Live Online Tutoring , Learning management system
Support & Updations
Program Pedagogy
 Practical aspects of book keeping and accounting (28 Modules)
 Awareness of current accounting practices across Industries
 Concepts of international accounting
 Concepts of Income Tax, Sales Tax, Excise and Service Tax
 Training on accounting in computerized environment
Certification
 Certification on successful assessment clearance from KPMG
© 2012 KPMG, an Indian Partnership and a member firm of the KPMG
network of independent member firms affiliated with KPMG International
Cooperative (“KPMG International”), a Swiss entity. All rights reserved .
4
KPMG Course for Accounting Professionals (3/3)
Mode of offering
 As a standalone product
 Embedding in curriculum of various courses
Customization
Course Customization provision made as per specific requirements from corporate.
Assessment
Interim: At the end of each module
Final: At the end of curriculum
Learning Methodology
Interlinked and providing entire array of understanding about flow of transactions at one place
(Please refer to following slides on illustrative learning methodology)
© 2012 KPMG, an Indian Partnership and a member firm of the KPMG
network of independent member firms affiliated with KPMG International
Cooperative (“KPMG International”), a Swiss entity. All rights reserved .
5
About us
Our Accounting Advisory Services practice in India
People
Profile
Qualifications: CA, CPA,
ACCA, Diploma in IFRS,
Graduates
Special skills
Professionals with industry
experience in all sectors
and experience on
accounting advisory,
international reporting,
learning solutions and audit,
projects in India and abroad
Solutions
Learning solutions
IFRS conversion services
Accounting support services
Practice highlights
 The first and only firm in India to have a
dedicated full-time Accounting Advisory
Services practice
 Engaged with more than 200 IFRS
projects across sectors - completed
and ongoing
Financial statement preparation
services
 More than 200 resources with practical
IFRS experience
Transaction accounting services
 Leader, amongst the large accounting
firms, in providing Learning Solutions –
dedicated Learning Solutions practice
with full time specialists; alliance with
NIIT Imperia
IPO reporting services
Financial reporting process
advisory
Book-keeping and resource
support services
XBRL implementation
 Successfully completed the largest
accounting restatement project in India
 Accounting advisory retainer
arrangements with several clients
KPMG Learning Solutions (1/2)
 KPMG is a leading professional services firm in India and
globally. KPMG’s dedicated Accounting Advisory Services
(AAS) practice has been at the forefront of accounting and
reporting matters in India, and is widely acknowledged as the
leading provider of accounting related advisory services in
India.
 Over the last few years, KPMG’s AAS practice has offered
varied learning solutions to corporate and retail clients in the
area of accounting and reporting. These solutions are
delivered by a specialized team, which has worked with leading
learning organizations in the past.
 KPMG Learning solutions, a part of Accounting advisory
service (AAS) practice in India has a dedicated team for
providing various learning solutions.
© 2012 KPMG, an Indian Partnership and a member firm of the KPMG
network of independent member firms affiliated with KPMG International
Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
KPMG Learning Solutions(2/2)
In alliance with NIIT Imperia offered “Advance Certification Program in
IFRS” to more than 1500 professionals. We are running 19th batch of the
course with partnership entering in its fourth year.
Partnered with Centum Learning ( A subsidiary of Airtel ) to offer KPMG course
for accounting professionals. We are expecting offer through this partnership
our accounting course to more than 200 students from Delhi and Pune.
Partnered with Manipal Global Education Services (MAGE) to offer Dip IFR,
KCAP and Basic IFRS Certification course through there network &
institutions.
Successfully running 10 batches of Dip IFR course at Mumbai, Delhi, Chennai,
Bangalore and Hyderabad locations.
A dedicated team of 30 professional constituting academicians with
corporate experience , IT and Business development professionals.
learning solutions provided to representatives from more than 100 corporate
in last two years
Working closely with bodies like ACCA, ATC international, KPMG Global
Services etc to improve on academic strengths and identifying the business
opportunities
© 2012 KPMG, an Indian Partnership and a member firm of the KPMG
network of independent member firms affiliated with KPMG International
Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
KPMG Advantage
KPMG Advantage
Specialized Learning
Solutions team – team
members with previous
experience at large
training organizations
Acknowledged as the
market leader in the area
of IFRS and U.S. GAAP –
experience with more
than 200 IFRS projects
across industry sectors
Part of dedicated
Accounting Advisory
Services practice
To ensure end to end
learning of any aspect.
Extensive knowledge and
experience of the F&A
sector gained through
working with top
companies
Experience in training
projects with many
companies
KPMG
Learning Solutions
Ensuring practical insight
© 2012 KPMG, an Indian Partnership and a member firm of the KPMG
network of independent member firms affiliated with KPMG International
Cooperative (“KPMG International”), a Swiss entity. All rights reserved .
Working in collaboration
with ACCA on a number
of projects
Large pool of accredited
trainers with experience
in area of IFRS, financial
reporting, accounting
advisory, XBRL etc
Proprietary training
material developed based
on extensive technical
and practical experience
Presence across the
country – ability to serve
various companies using
local trainer pool
Training tools such as
Learning Management
System and Hotline
facility
11
Appendix
Our Learning Methodology:Illustration (1/2)
Nature of Transaction
Voucher to be prepared
Documents to be referred
Purchase Order
Purchase of fixed assets
Debit Voucher
Purpose (Format of each document to be discussed)
To cross check the price of asset purchased
Invoice
For value of fixed asset purchased
Cheque
For entering the payment
Payment Authorization
Relevant Mail / Approval of Invoice
Format of voucher
Profitability - No Impact with relevant explanation
Impact on
Balance Sheet - Asset Value Increases with relevant explanation
In Profit and loss Account - No Presentation
Presentation
© 2012 KPMG, an Indian Partnership and a member firm of the KPMG
network of independent member firms affiliated with KPMG International
Cooperative (“KPMG International”), a Swiss entity. All rights reserved .
In Balance Sheet - Fixed Asset:
Gross Block
Less: Accumulated Depreciation
Net Block
{Reference to format extract of Balance Sheet of companies }
13
13
Our Learning Methodology: Illustration (2/2)
Tax Impact
Journal Entry to be passed
(Demonstration of the entry in fixed
asset register)
Periodicity
{Explanation}
Compliance
Current {To be discussed In Income Taxes at appropriate places with a link to
this transaction treatment}
Deferred
Fixed Asset A/C Dr To Bank/Loan/Cash A/c Cr
{ Copy of duly filled Voucher}
Accounting - On purchase of asset
Reporting - At each balance sheet date
Income Tax Act
Companies act
Sales Tax Act
Service Tax Act
Types of assets
Critical points
Various reports relating to fixed assets like fixed asset register
Classification of fixed assets under different class
Why Block of asset concept
Payment in installments
Other costs relating to purchase like testing, installation etc
Jointly owned assets
Asset received under government Grant
Asset acquired on Lease
© 2012 KPMG, an Indian Partnership and a member firm of the KPMG
network of independent member firms affiliated with KPMG International
Cooperative (“KPMG International”), a Swiss entity. All rights reserved .
14
Thank You
Jatin Sabharwal
Accounting Advisory Services
Phone: +91- 9818288636
Email: jatins@kpmg.com
This proposal is made by KPMG in India, an Indian
Registered Partnership and a member firm of the KPMG
network of independent firms affiliated with KPMG
International Cooperative (“KPMG International”), a Swiss
entity. All rights reserved.
The KPMG name, logo and “cutting through complexity” are
registered trademarks or trademarks of KPMG International
© 2012 KPMG, an Indian Partnership and a member firm of
the KPMG network of independent member firms affiliated
with KPMG International Cooperative (“KPMG
International”), a Swiss entity. All rights reserved.
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