what is ifrs course

Are there any free certification courses on IFRS?

Feb 23, 2022 · IFRS Courses stands for (International Financial Reporting Standards), are training programs that are available as IFRS certification and Diploma in IFRS. IFRS Course is specially designed for people who are working or want to work in the field of accounting, auditing, financial statement analysis, budgeting, etc.

How do I get IFRS certified?

Oct 17, 2018 · IFRS course by the Association of Chartered Certified Accountants is one of the most appreciated and respectable qualifications in International Financial Reporting Standards across the globe. The diploma course by ACCA is designed to develop your knowledge and understanding of IFRS.

Is an IFRS certificate worth it?

May 16, 2019 · International Financial Reporting Standards (IFRS) were introduced to make cross-cultural relationships and communication between companies easier. In this IFRS course, you will learn about the meaning of this standard, the global economy, the differences between IFRS and GAAP, and you will be introduced to several use cases. Additionally, this course is …

How to register for IFRS?

May 05, 2021 · IFRS -Definition. International Financial Reporting Standards are the standards which are designed for reporting business affairs, which are understandable all over the world for the purpose of establishing global accounting language. Because of unique way of reporting these standards, companies can be compared at global level.

What is IFRS course in India?

IFRS Courses stands for (International Financial Reporting Standards), are training programs that are available as IFRS certification and Diploma in IFRS. IFRS Course is specially designed for people who are working or want to work in the field of accounting, auditing, financial statement analysis, budgeting, etc.Feb 22, 2022

What is the duration of IFRS course?

The exam is split into 4 x 25 marks questions. The duration of this IFRS course is 6 months.Jan 12, 2022

What is the salary of IFRS?

As you gain experience and spend around 6-8 years in the industry after your specialization in the IFRS, you can expect a salary in the range of Rs 20 lacs to Rs 25 lacs per annum.Oct 17, 2018

How can I join IFRS?

To become an IFS officer, a candidate has to clear the IFS exam, which is the same as the IAS UPSC Civil Services exam. To clear the UPSC Civil Servies Exam, a candidate have to clear three stages of the exam which are: UPSC Civil Services Preliminary Exam (MCQ test)Sep 25, 2021

What is the salary of IFRS in India?

The Salary trend for IFRS in India As you gain experience and spend around 6-8 years in the industry after your specialization in the IFRS, you can expect a salary in the range of Rs 20 lacs to Rs 25 lacs per annum.Aug 20, 2021

Can we do IFRS after BCom?

International Financial Reporting Standards (IFRS) Students looking for short term courses after BCom can consider IFRS courses.

Can CA Inter do Diploma in IFRS?

Accounting professionals and CAs are eligible to apply for Diploma in the IFRS course. A relevant degree with two years of work experience in the accounting field.

What is the difference between IFRS and ACCA?

Simply put ACCA refers to a type of accountancy qualification but IFRS refers to a set of rules accountants work with when completing statutory accounts.

What is US CMA salary in India?

CMA USA is a highest management accounting credential and hence its scope spans across many levels in a company. The average salary of US CMA in India is ₹8,00,000 per annum.Feb 26, 2021

What is IFRS?

IFRS stands for the International Financial Reporting Standards. It is a common set of rules so that the financial statements can be consistent, tr...

Who should do the IFRS course?

IFRS courses are specially designed for professionals in the field of accounts and finance.

Is IFRS important for the companies to follow?

IFRS is mandatory for the companies that are listed and also the ones whose turnover is more than 250 Cr.

When can I do the IFRS course?

IFRS course is meant for professionals who are working in the accounting or auditing field. To take up this course these professionals should have...

Is IFRS mandatory for accountants?

IFRS is mandatory while working in companies that follow IFRS. Converting old accounts into the newly accepted International Finance Reporting Stan...

Is IFRS certification good?

IFRS Certification is good, as the professionals can update their skills and also get to work in bigger companies.

Why should I do this IFRS certification training?

Because this is the best IFRS course available in the market on IFRS.

If I don’t have an accounting background, can’t I do this IFRS certification training?

The honest answer is no. But yes, if you want to learn the fundamentals of accounting and understand IFRS, you’re more than welcome to do this co...

How this IFRS certification course would add value to my professional life?

This is a comprehensive course on IFRS. Doing this course will help you understand how IFRS works and your knowledge in accounting will also increa...

Online IFRS Course

Here, let’s look at the following details about the IFRS certification course:

Online IFRS Course Curriculum

Before we talk about the prerequisites, FAQs, and target audience, let’s have a look at this comprehensive course curriculum.

Certificate of Completion

The wealth management platform market was valued at USD 1.52 Billion in 2016 and is projected to reach USD 3.20 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period.

Pre-requisites

Willingness to learn about IFRS: If you’re not interested in knowing about IFRS, you will not be able to extract the best out of it. On the other hand, if you want to know in-depth about it, this is the best IFRS certification course in the market.

Target Audience

Students of finance & accounting: Not all finance and accounting students might be interested in this. But this course is for those who would like to pursue a career in accounting and would want to stay there for a long haul.

Course Testimonials

As the course was structured in such a way that it will give ideas about various financial reporting standards. In this course, I got to know about the difference between GAAP & IFRS. And provided a brief understanding about all the international financial reporting standards with a great explanation.

What is an IFRS diploma?

IFRS Course: All you need to know about IFRS Diploma Certification. IFRS course by the Association of Chartered Certified Accountants is one of the most appreciated and respectable qualifications in International Financial Reporting Standards across the globe. The diploma course by ACCA is designed to develop your knowledge and understanding ...

How long is the Diploma in International Financial Reporting?

The Diploma in International Financial Reporting (DipIFR) is assessed by a single three-hour, 15 minutes written exam. You will need to achieve a 50 percent mark or above to complete the paper. The exam is held twice a year – in June and December at ACCA’s exam centers.

Which countries use IFRS?

Many countries in the world like the European Union, Hong Kong, Australia, are using IFRS. As per August 2008 data, more than 113 countries around the world require or permit IFRS reporting and other 85 require IFRS reporting.

What is international financial reporting?

International Financial Reporting Standards are the standards which are designed for reporting business affairs, which are understandable all over the world for the purpose of establishing global accounting language. Because of unique way of reporting these standards, companies can be compared at global level.

What is the role of the Securities and Exchange Commission?

Securities and Exchange Commission is responsible for the supervision and regulation of the securities industry. The Financial Accounting Standards Board (FASB) is a body which establishes and interprets U.S. GAAP. IASB works with the FASB on the convergence of U.S. GAAP and IFRS.

What is IFRS training?

Our IFRS courses contain interactive and focused training materials with numerous exercises. They offer the advantages and flexibility of online courses and - due to their interactivity, visuals and narration - they also preserve the personal features of classroom training.

Who designed the IFRS course?

This e-learning course is part of an e-learning series designed by PwC Könyvvizsgáló Kft. which aims to provide a comprehensive overview of the application of IFRS (IAS) standards to finance and accounting experts who are already familiar with fundamental accounting and reporting processes.

When does IFRS 16 start?

The new accounting standard for leases (IFRS 16 - "Leases)" becomes applicable for reporting periods beginning on or after 1 January 2019. PwC experts developed an IFRS GAME, a learning solution which doubles your return on investment in learning and development.

Learning Format

The AICPA certificate is awarded for the completion of a comprehensive, integrated curriculum of 25 online, self-study training courses. The multimedia courses are interactive, engaging and scenario-based, with nearly 50 IFRS experts involved in their development.

Frequently Asked Questions

You may have several questions about the AICPA's IFRS Certificate Program. To learn more, read Questions and Answers.

eIFRS

Your enrollment in the AICPA's IFRS Certificate Program includes a subscription to eIFRS, as long as you are an active participant in the program. Click here to view the eIFRS login screen.

Contact

If you would like more information about the Program or have additional questions, please contact the AICPA Member Service Center at 888/777.7077 or complete form here.

What is an IFRS?

IFRS are issued by the International Accounting Standards Board (IASB), and they specify exactly how accountants must maintain and report their accounts. IFRS were established in order to have a common accounting language, so business and accounts can be understood from company to company and country to country.

What is IFRS accounting?

IFRS is the international accounting framework within which to properly organize and report financial information. It is derived from the pronouncements of the London-based International Accounting Standards Board (IASB).

What are the factors that influence IFRS?

Encouraging factors of the use of IFRS 1 Globalisation of trade & capital markets 2 Rapid development of Information Technology and its impact on operations 3 Fast & simplified process of moving funds between countries 4 Increased investors interest in foreign investments

How many countries use IFRS?

It is currently the required accounting framework in more than 120 countries. Simply, IFRS is like a common global language for business affairs so that company accounts are understandable and comparable across international boundaries.

What is the difference between IFRS and GAAP?

Generally Accepted Accounting Principles, or GAAP, is the accounting framework used in the United States. GAAP is much more rules-based than IFRS.

Do companies need to use IFRS?

Companies also may need to convert to IFRS if they are a subsidiary of a foreign company that must use IFRS, or if they have a foreign investor that must use IFRS. Companies may also benefit by using IFRS if they wish to raise capital abroad.