1. Preamble and Introduction

About Ind AS (IFRS) Implementation Committee

Ind AS (IFRS) Implementation Committee (hereinafter referred to as ‘Committee’) is anon-standing Committee constituted by the Institute of Chartered Accountants of India(hereinafter referred to as ‘ICAI’) to get the members and other stakeholders ready forproper implementation of IFRS-converged Indian Accounting Standards. This Committeetakes adequate steps to provide guidance and to enhance the knowledge of themembers and other stakeholders.

The Committee is planning to formulate E-leaning modules on Indian AccountingStandards (Ind AS).

2. Broad Scope of Work

The e-learning modules are to be developed on Ind ASs with sound and video effectscompatible with all latest instruments and technologies, such as, iPad, iPhone andAndroid compatible devices, Chrome Books, Microsoft Surface Tablets etc. AllIntellectual Property Rights (IPR) associated with these e-learning modules shall vestwith the ICAI.

The objective of these e-learning modules is to achieve expert level of knowledge aboutInd AS. E-learning modules shall be developed on the 35 Indian Accounting Standards ashosted on the website of MCA. Wherever IASB has made any amendments to thecorresponding 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-learningmodules. 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 mainprinciples of Ind AS/IFRS with examples, illustrations, charts, tables, advanced practicalissues and case studies. Each module on Ind AS shall cover differences betweenrespective Ind AS and IFRS. At the end, E-learning modules should also coverAssessment Test - Questions and Answers with reasoning.

3. Eligibility Criteria

“Vendor” is either a Chartered Accountants firm or, leading business consultant, whichexhibits its interest in response to this EOI.

 Vendor must have prior experience in development of e-learning modules inIndia and/or abroad.

 Vendor must have expertise in Ind AS/IFRS.

 Vendor must have all technical support system for formulating e-learningmodules.

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 allExpressions of Interest received in response to this advertisement without assigning anyreasons, whatsoever. Ind AS (IFRS) Implementation Committee also reserves the right tomodify 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 ofInterest (EOI) in the project.

As part of shortlisting exercise, vendors may be required to make a focusedpresentation on company, expertise, experience in development of e-learning modulesand 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 only.

The response along with the EOI document stating the e-learning projects undertakenand a broad overview of the company shall be delivered on or before April 25, 2013, in asealed envelope superscribing “Expression of Interest (EOI) for Developing E-learningModules on Ind AS” to the following address:

CA. Parminder Kaur

Secretary,

Ind AS (IFRS) Implementation Committee

Technical Directorate

ICAI Bhawan,

Indraprastha Marg,

Post Box No. 7100

New Delhi – 110 002

For any query, please send email to indas@icai.org