Anchoring Script For An International Seminar (IFRS)

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**** ******Institute of Management One Day Seminar On International Financial Reporting Standards (IFRS): The Road Ahead
Respected Dr V. G. Chari, Director Academics, **** ******Institute Of Management. Sri V.K.Mahipal, Coordinator of the Seminar, learned delegates from corporate and academia, a very good morning to one and all. I am Rahul Adarsh and I feel privileged to welcome you all on behalf of **** ******Institute of Management to the one day Seminar on International Financial Reporting Standards (IFRS) : The Road Ahead. Well Dean William R. Inge once said the aim of education is the knowledge not of fact but of values It is on occasions like this we get opportunities to test our knowledge and understanding. We look forward to get an exposure about what the best of the brains think about this very dynamic issue of IFRS. May I request Dr. V. G. Chari, Director Academics, **** ******Institute of management, to kindly occupy the chair on the dais. Thank You Sir.

I now request Sri V.K.Mahipal, Faculty Finance, **** ******Institute of management, to kindly occupy the chair on the dais. Thank you sir. I now request Dr. V. G. Chari, Director Academics, **** ******Institute of management, to deliver the welcome address. Thank you very much sir, your thought provoking address set a perfect platform for our speakers to deliver their presentations in the areas of financial reporting Standards. Thank you once again sir. Technical Session I Ladies and gentlemen may I now request Prof. Murlidhar Prasad Sir to introduce our first speaker for the day Sri V.K.Mahipal, Chartered Accountant and Faculty Finance **** ******Institute of Management, to our esteemed audience. (Murlidhar Sir will introduce the speaker and the speaker will continue. Once the session is over then.) Thank you sir for giving your valuable insights on IFRS. Sir, I am sure, your address will help a lot in understanding the conceptual differences between Indian GAAP and IFRS. Thank you once again sir.

Ladies and gentlemen let us break for a tea and come back after 15 min for the second technical session on IFRS Convergence Impact and Challenges for Indian Industry by Sri Prabhakar Rao, Chartered Accountant. Technical Session II Ladies and gentlemen welcome back. May I now request Prof. Murlidhar Prasad Sir to introduce our second speaker for the day Sri Prabhakar Rao Kotapati, Chartered Accountant , to our esteemed audience. (Murlidhar Sir will introduce the speaker and the speaker will continue. Once the session is over then.) Thank you sir for giving your valuable insights on the topic Impact and Challenges of Convergence to IFRS for Indian Industry.

Thank you sir Ladies and gentlemen let us break for a sumptuous lunch, let us all assemble back sharp by 1:45 pm.

Post Lunch Technical Session III Ladies and gentlemen thank you for sticking to time. Ladies and gentlemen may I now request Prof. Murlidhar Prasad Sir to introduce our next speaker for the day Sri Mohan R Lavi, Chartered Accountant , to our esteemed audience. (Murlidhar Sir will introduce the speaker and the speaker will continue. Once the session is over then.)

Thank you sir for giving your valuable insights in the area of First Time Adoption of IFRS. Sir, I hope, your address would have paved way to understand the strategies of converging to IFRS no matter what the nature of business firm is. Thank you once again sir. Ladies and gentlemen let us break for a tea and come back by after 15 min for the last technical session on Practical insights from applying IFRS by Sri. Sudhakar Durga, Chartered Accountant. Technical Session IV: Ladies and gentlemen welcome back. May I now request Prof. Murlidhar Prasad Sir to introduce our last but certainly not the least speaker for the day Sri Sudhakar Durga, Chartered Accountant, to our esteemed audience.

(Murlidhar Sir will introduce the speaker and the speaker will continue. Once the session is over then.) Thank you sir for giving your valuable practical insights from applying IFRS. Sir, I am sure this will go a long way in understanding the complexities of converging to IFRS no matter what the nature of business firm is.

Thank you once again sir. Valedictory: We have been listening to eminent speakers deliberating in the areas of International Financial Reporting Standards since morning. All these valuable insights gave us a new perspective that one should adopt while discussing these issues.

Ladies and Gentlemen we have Sri. Ramchandra Rao, Director Operations , **** ******group of Institutions, as the Chief Guest for the Valedictory Session. May I now request Sri Ramchandra Rao Sir to kindly occupy the chair on the dais. Thank You Sir. May I now request Sri V.K.Mahipal and Sri Murlidhar Prasad, Seminar Coordinators to kindly occupy the chair on the dais. Thank You Sir. I now request Prof. K. S. Ramachandra Rao, group director operations, SSGI to address the gathering. May I now request Prof. Ramchandra Rao, Group Director Operations, SSGI to present Participation Certificates to all our esteemed participants. Thank You Sir. May I now request Prof. Murlidhar Prasad to propose vote of thanks.

Thank you one and all.