A quick guide to IFRS courses in India

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A quick guide to IFRS courses in India

 Financial management requirements are undergoing a constant change, and it is becoming all the more important to keep your skills current and updated. It is essential to understand and assimilate the new parameters in the field of finance, the new compliances and the changes in processes of operating business.

To help professionals and aspirants with the ongoing changes and to make them experts, many institutes are offering certifications in IFRS.

International Financial Reporting Standard (IFRS) is a globally accepted language for business accountancy presentation which makes it comparable and understandable globally.

The objective of IFRS course is to train the professionals to maintain account books which are reliable, relevant and globally comparable, and accessible by both internal and external users.

Here is the list of top 5 online certification courses for IFRS.

Henry Harvin: The IFRS Training Course is designed with the curriculum of the ACCA- Diploma in IFRS Course guidelines. The IFRS course offered by India’s leading Ed-tech company – Henry Harvin helps the candidates to prepare for the IFRS exam conducted by ACCA (Association of Chartered Certified Accountants) for a global career in the field of finance. This course guides the candidate with all the important differences between IND-AS and IFRS in each module.

This 9 in 1 course is spread across 60 hours of live online interactive classroom sessions plus 20 hours of recorded sessions; followed by regular bootcamps spread over the next 12 months. On successful completion, the participants are awarded a completion certificate by Henry Harvin.

Ernst and Young: Ernst and Young (EY) provides a 16 Sundays IFRS training programme to its employees, delivered by senior resources of Ernst And Young who belong to Managers and Director levels. During the course, EY offers comprehensive study material along with a solved question bank from Becker Professional Education, an ACCA Approved Content Provider.

The programme offered by EY, equips the candidates with the best insights requisite for IFRS and grooms them to be hands on with all the financial reports and instruments including financial statements, joint arrangements and payments.

Grant Thornton India: The Diploma in International Financial Reporting provided by Grant Thornton is best suited for finance professionals who wish to gain detailed insights and understanding of International Financial Reporting Standards. The training programme is based on the syllabus of the Association of Chartered Certified Accountants Diploma in IFRS, a well-acclaimed qualification globally. 

The course not only prepares the aspirant for the exam but also sheds light on the differences between the corresponding Indian Accounting Standards (Ind AS) and Indian Generally Accepted Accounting Principles (IGAAP).

Spread over 80 hours of live sessions, this course equips the participants to prepare financial reports as per requirements under Ind AS and IFRS, understand complex financial reporting standards like financial instruments, consolidation, share-based payments, etc. and prepare group financial statements with subsidiaries, associates and joint arrangements.

KPMG Learning Academy: To offer a credible and globally recognized qualification on IFRS, the Association of Chartered Certified Accountants (ACCA) has launched “Diploma in International Financial Reporting (DipIFR)”. ACCA has accredited KPMG in India as a gold learning provider for this program.

The academy brings together the breadth and depth of subject matter expertise and integrates them with their technology skills and capabilities to nurture the aspirants to become a highly qualified professional in the field of accounting and finance. On successful completion of the course, a certificate of participation is awarded to all students enrolling and recording a 90% attendance in the sessions.

PwC’s Academy India: The IFRS course provided by PwC’s Academy India meets the objective of providing information about the financial position, performance and changes in financial position of an enterprise to enable thoughtful economic decisions. This Programme is designed to familiarize the employees of the Company with the financial reporting requirements and to provide the relevant information to the users of the financial statements.

Sessions conducted by trained professionals with rich knowledge of IFRS and Ind AS, the program is delivered using comprehensive proprietary training materials developed in sync with PwC’s global experience. Besides the comprehensive theoretical aspects, the course also comprises of practical illustrations. TNS

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