ICAI - Revised Invitation of Expression of Interest (EOI) for Developing E-learning Modules on Ind AS.

April 18, 2013

Revised Invitation of Expression of Interest (EOI)

for Developing E-learning Modules on Ind AS

1. Preamble and Introduction

About Ind AS (IFRS) Implementation Committee

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

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

  

2. Broad Scope of Work

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

The objective of these e-learning modules is to achieve expert level of knowledge about Ind AS. E-learning modules shall be developed on the 35 Indian Accounting Standards as hosted on the website of MCA. Wherever IASB has made any amendments to the corresponding 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-learning modules. 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 main principles of Ind AS/IFRS with examples, illustrations, charts, tables, advanced practical issues and case studies. Each module on Ind AS shall cover differences between respective Ind AS and IFRS. At the end, E-learning modules should also cover Assessment Test - Questions and Answers with reasoning.

3. Eligibility Criteria

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

• Vendor should have prior experience in development of e-learning modules in India and/or abroad.
• Vendor should have expertise in Ind AS/IFRS.
• Vendor should have all technical support system for formulating e-learning modules.

Preference would be given to the vendors fulfilling the following additional criteria:-

• Experience in IFRS Implementation.
• Professional standing of more than 10 years.

4. Documents to be submitted by Eligible Vendor

Interested vendors conforming to the above requirements may furnish the Expression of Interest (EOI) in the project.

As part of shortlisting exercise, vendors may be required to make a focused presentation on company, expertise, experience in development of e-learning modules and 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 undertaken and a broad overview of the company shall be delivered on or before May 3, 2013 in a sealed envelope superscribing “Expression of Interest (EOI) for Developing E-learning Modules 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