The only thing constant in the world is change and the person who keeps pace with change is successful. To materialize this fact, Ms. Jyoti Batra, (Faculty, Samsara-The world Academy), attended " Faculty Development Program", organized by Institute of Chartered Accountants of India, on 11th July, 2016. The basic motive of the program was to help faculties of Commerce Stream in Secondary and Senior Secondary schools, to gain insights into recent trends and practice in commerce stream. The basic concepts discussed were- "Implementation of International Financial Reporting system (IFRS)", "Accounting Standards" and "Companies Act, 2013". The knowledge and experience will really enrich our students' knowledge.