About Us
Mission & vision
We were founded with the vision of changing the way people understand & apply the knowledge of Global Accounting & Finance (IFRS) in real life by empowering them with the practical applicability using computerised tools and techniques. We utilise our research and experience to assist Individuals and Companies in their decision making process by simplifying complex financial concepts and humungous accounting theory through numerical examples and lucid illustrations as it is aptly described in our tag line "IFRS Demystified".
Our ultimate aim and sole objective is to provide cutting-edge IFRS education throughout the globe. For the first time in the living memory, accounting system is going through a massive change. Just like how a typewriter or a floppy disk is outdated in today's world, similarly our existing knowledge on GAAP or reporting practices is also outdated and obsolete. IFRS (International Financial Reporting Standards) is the new Global Accounting and Finance language now. It is required/used by more than 110 countries. Each and every finance professional and student in this world needs to learn IFRS, otherwise they will also soon be outdated. And it is applicable to India from 1st April, 2015 making it the need of the hour for corporates! We have researched this high quality complex global standards and developed a training program backed with consultancy and assistance services to help corporates and finance professionals well conversed in IFRS.
About the founder
Founder message
"The world has moved from analogue to digital and from linear to non-linear thinking. Accounting cannot afford to be static, it has to move ahead and be progressive – even if this means learning from mistakes. Yet, more importantly, not unlearning from them. Education and training of staff is essential for successful implementation of IFRS. There needs to be a recognition of the responsibility to step forward and help academia educate and prepare tomorrow’s accounting professionals to apply this new global language of accounting and financial reporting. IFRS needs a different level of training. The requirements are a lot greater. My endeavour is to simplify the process of IFRS learning through numerical examples and lucid illustrations. It took me 8 years of full-time research to comprehend the complexities and intricacies of IFRS and develop the entire Training Module on IFRS so that you can grasp this high quality complex global Standards. I hope this website serves its intended purpose." Amitabha Mukherjee, Founder of ifrsdemystified.com
Dr. Amitabha Mukherjee has been an academician and an author for the last 30 years before he founded IFRS Demystified. He was the Head of the Dept. of Accounting and Finance in St. Xavier's College, Kolkata, India which was ranked 2012 No. 1 Commerce College in India Today magazine. He has also been the faculty at premier institutions of the country. Books co-authored by him on financial and corporate accounting have been market leaders for the last two decades and recommended by organisations, academic as well as professional, throughout the country and abroad. Numerous management and accounting journals have also published his articles over the years.
However in 2005, when he first saw an accounting software, he was unable to fathom the relevance of manual accounting in an era where even a small shopkeeper maintains his accounts in a computer.
In 2007, he resigned from St. Xavier's College, Kolkata because he realised that what he had done till date was all good for yesterday's market, but they did not make any sense in today's global changing scenario. Since that day he started his research on IFRS because he knew it is the future of Accounting and Finance. He also humbly believes that without the knowledge of IFRS, no finance professional can earn a single dime.
Currently, he is the founder of www.ifrsdemystified.com which is an IFRS Training and Solution Provider. He has trained numerous finance professionals around the globe and B-School students on IFRS. He has also conducted seminars and workshops attended by industry as well as academia.
Some key attributes of his experience and achievements
- Academician and an author for the last 3 decades
- Has trained more than 10,000 people on Tally and Fact (Accounting Software) in 100 cities around India
- First author in India to write a book on Ind AS (converged with IFRS) in 2011 published by Taxmann
- Regular contributor to Wiley Insight IFRS, which is a global online IFRS platform. Only Indian panelist to write education material on IFRS
- His recent case study on IFRS 15 (the new revenue Standard) relating to real-estate industry has been included in AICPA (American Institute of CPA) course curriculum
- His website www.ifrsdemystified.com has attracted more than 100,000 visitors in less than 1 year generating tremendous amount of response from industry and academia all around the globe
" The illiterate of the 21st century will not be those who cannot read and write but those who cannot learn, unlearn, and relearn"
Alvin Toffler
Why train with us ?
Our pedagogy involves imparting cutting-edge knowledge on IFRS that has culminated after 8 years of full-time research through numerical examples, practical insights and lucid illustrations. Our unique training program will help finance professionals upgrade their skills and transform their careers and make a perceptible contribution in IFRS transition for their organisation. With high quality training, comes high level of assistance support. Here are the top 10 reasons why we are leaders in IFRS education.
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