| The ICAI and the CPA Mongolia had signed a Memorandum of Discussion on Bilateral Cooperation on 11th September’06, for promoting mutual interest & co-operation between the two institutes. Since then, CPA Mongolia has been in touch with ICAI for organizing training program(s) for their Accountants.
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| A delegation from CPA Mongolia consisting of 8 delegates visited ICAI on 12th-13th November’ 07 and had exposure to Accounting issues facing Indian Accountants in implementing IFRS & National Accounting Standards. The delegates found the program very satisfying.
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| On the request of the CPA Mongolia, second training in IFRS was provided by ICAI to their 10 delegates on 3rd & 4th April’08. |
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| The two-day program commenced with the welcome session made by CA. Ved Jain, President, ICAI and Dr. Ashok Haldia, Secretary, ICAI. CA. Amarjit Chopra, Council Member and Chairman, ASB gave “Introduction to IFRS”. Dr. Avinash Chander, Technical Director, ICAI focused his session on “Indian Experience on Convergence with IFRS” |
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| On the second day, they were given training on IAS 16, 17, 19 & 20. |
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