Invitation for Part-time Project Directors/Project Managers in various Projects of the Accounting Standards Board of the Institute of Chartered Accountants of India.
May, 31st 2013
Invitation for Part-time
Project Directors/Project Managers
Invitation for Part-time Project Directors/Project Managers
in various Projects of the Accounting Standards Board of the
Institute of Chartered Accountants of India
The Accounting Standards Board of the 6. Formulation of Indian Accounting Standard
Institute of Chartered Accountants of India corresponding to IFRS 9, Financial
undertakes projects involving formulation of Instruments.
I N V I T A T I O N
I N V I T A T I O N
specific Accounting Standards/Indian Accounting 7. Formulating an Accounting Standard for
Standards, Study of the impact of the Accounting Mining Activities.
Standards/Indian Accounting Standards and 8. Study of the impact of Accounting Standard
allied subjects. A project involves study of the 22 on the financial statements of various
literature available nationally and internationally companies.
on the subject, identification and understanding 9. Study of the impact of Accounting Standard
of the practices prevailing within the country, 19, Leases on the financial statements of
relevant legal requirements, consultation various companies.
with the concerned experts on the subject etc. The 10. Study of Accounting for Goodwill in
outcome of the project is ordinarily a draft of the the consolidated and separate financial
relevant document covering various accounting statements of companies in the context of
aspects on the subject for the consideration of the existing Accounting Standards.
Accounting Standards Board. The work may also The Accounting Standards Board invites
involve attending meetings of the relevant Study applications from Chartered Accountants in
Group, if any, on the subject constituted by the practice/industry having relevant experience
Accounting Standards Board and meetings of the and expertise for atleast a period of five years in
Accounting Standards Board. The work will further the relevant field for Project Director and three
involve preparation/revisions of the drafts prepared years for Project Manager. The application
on the basis of the discussions at the meetings. should indicate the following:
The Accounting Standards Board is looking (i) The name of the project for which
for part-time Project Directors/Project Managers application is being submitted
to perform various project-related activities (ii) Name of the professional
as specified above. At present, the Accounting (iii) Qualifications
Standards Board is having the following projects (iv) Details of the experience in the relevant
for which the applications are invited from the field
professionals having expertise in the relevant (v) Time which the professional would
areas: devote in terms of number of hours during
1. Accounting for Service Concession a month to the project
Arrangements. (vi) Expected remuneration for the project per
2. Revision of Accounting Standard (AS) 22, month
Accounting for Taxes on Income on the lines (vii) Indicate whether willing to work in the
of the relevant Ind AS, within the framework premises of the ICAI
of existing Accounting Standards. (viii) Address:
3. Accounting for provisions arising e-waste Email:
(Management and Handling) Rules 2011. Phone:
4. Revision of Accounting Standard (AS) 15,
Employee Benefits on the lines of the relevant The application should be submitted to the
Ind AS, within the framework of existing Secretary, Accounting Standards Board at asb@
Accounting Standards. icai.in or The Institute of Chartered Accountants
5. Revision of AS 14, Accounting for of India, ICAI Bhawan, Indraprastha Marg, Post
Amalgamations, on the lines of the relevant Box No. 7100, New Delhi 110 002 within
Ind AS, within the framework of existing fifteen days of appearing of this Invitation.