Invitation of Expression of Interest (EOI) for Developing E-learning Modules on Ind AS
April, 11th 2013
Ind AS (IFRS) Implementation Committee
The Institute of Chartered Accountants of India
ICAI Bhawan, P.B. No. 7100,
Indraprastha Marg, New Delhi 110 002
Invitation of Expression of Interest (EOI)
for Developing E-learning Modules on Ind AS
1. Preamble and Introduction
About Ind AS (IFRS) Implementation Committee
Ind AS (IFRS) Implementation Committee (hereinafter referred to as `Committee') is a
non-standing Committee constituted by the Institute of Chartered Accountants of India
(hereinafter referred to as `ICAI') to get the members and other stakeholders ready for
proper implementation of IFRS-converged Indian Accounting Standards. This Committee
takes adequate steps to provide guidance and to enhance the knowledge of the
members and other stakeholders.
The Committee is planning to formulate E-leaning modules on Indian Accounting
Standards (Ind AS).
2. Broad Scope of Work
The e-learning modules are to be developed on Ind ASs with sound and video effects
compatible with all latest instruments and technologies, such as, iPad, iPhone and
Android compatible devices, Chrome Books, Microsoft Surface Tablets etc. All
Intellectual Property Rights (IPR) associated with these e-learning modules shall vest
with the ICAI.
The objective of these e-learning modules is to achieve expert level of knowledge about
Ind AS. E-learning modules shall be developed on the 35 Indian Accounting Standards as
hosted on the website of MCA. Wherever IASB has made any amendments to the
corresponding IAS/IFRS subsequent to hosting of Ind ASs on MCA's website, those
amendments should also be covered along with the relevant Ind ASs in e-learning
modules. E-learning modules should also cover the new IFRS recently issued by IASB.
E-leaning modules on each Standard/subject shall first portray the Leaning Objective. E-
learning modules shall cover the Overview of the Standard/subject and then the main
principles of Ind AS/IFRS with examples, illustrations, charts, tables, advanced practical
issues and case studies. Each module on Ind AS shall cover differences between
respective Ind AS and IFRS. At the end, E-learning modules should also cover
Assessment Test - Questions and Answers with reasoning.
3. Eligibility Criteria
"Vendor" is either a Chartered Accountants firm or, leading business consultant, which
exhibits its interest in response to this EOI.
Vendor must have prior experience in development of e-learning modules in
India and/or abroad.
Vendor must have expertise in Ind AS/IFRS.
Vendor must have all technical support system for formulating e-learning
Preference would be given to the vendors fulfilling the following additional criteria:
Experience in IFRS Implementation.
Professional standing of more than 10 years.
Ind AS (IFRS) Implementation Committee reserves the right to accept/reject any or all
Expressions of Interest received in response to this advertisement without assigning any
reasons, whatsoever. Ind AS (IFRS) Implementation Committee also reserves the right to
modify the eligibility criteria for shortlisting the vendors.
4. Documents to be submitted by Eligible Vendor
Interested vendors conforming to the above requirements may furnish the Expression of
Interest (EOI) in the project.
As part of shortlisting exercise, vendors may be required to make a focused
presentation on company, expertise, experience in development of e-learning modules
and sample e-learning module on one Standard, for not exceeding 30 minutes.
Please note that Request for Proposal (RFP) shall be issued to the short listed vendors
The response along with the EOI document stating the e-learning projects undertaken
and a broad overview of the company shall be delivered on or before April 25, 2013, in a
sealed envelope superscribing "Expression of Interest (EOI) for Developing E-learning
Modules on Ind AS" to the following address:
CA. Parminder Kaur
Ind AS (IFRS) Implementation Committee
Post Box No. 7100
New Delhi 110 002
For any query, please send email to email@example.com