The Institute of Chartered Accountants of India (ICAI) is hosting the IFRS Regional Policy Forum on March 8-9, 2014 at New Delhi, India. The meeting would be a showcase event for Indian Economy as it focuses on issues involved in application and implementation of IFRSs in emerging economies.

The IFRS Regional Policy Forum is one of the key platforms in the Asian-Oceanic region for standards setters, policymakers, regulators and government bodies to deliberate on broader topics in relation to the diverse roles of financial reporting and how financial reporting could influence policy formulation and execution. The forum is usually attended by senior representatives from the international accounting standard-setters community, securities exchanges, central banks, financial market regulators, tax authorities, governments, audit practitioners and academia.

Delegates from International front from over 25 countries would be participating and the Forum would also see participation from Indian Regulators & stakeholders namely Comptroller & Auditor General of India; Telecom Regulatory Authority of India ; Indian Bank's Association; National Stock Exchange of India Limited; Pension Fund Regulatory & Development Authority; Reserve Bank of India; Insurance Regulatory and Development Authority; Securities Exchange Board of India; Ministry of Railways and the like.

The key topics which would be deliberated at the Forum are as under:

• Fair valuation under IFRS concerns and safeguards
• Goodwill: Impairment only or with Amortisation
• New Approach to Lease Accounting
• Do IFRS Ignore Prudence?
• Challenges of evolving Nations in Convergence/ Adoption of IFRS
• Post-issuance review of new IFRS

The detailed program of IFRS Regional Policy Forum is attached.

The ICAI would be telecasting the proceedings of the Forum live on March 08-09, 2014 from Hotel Taj Mansingh, New Delhi. Interested members are most welcome to join by way of webinar. The link for viewing the Forum live is http://icaitv.com/?p=5617