IFRS Course

The IFRS course provides in-depth conceptual insights, focusing on the application of technical financial reporting knowledge. Issued by the IASB (International Accounting Standards Board), IFRS is a global standard ensuring consistency and transparency. This training is suitable for finance professionals. It aims to build expertise in reporting under IFRS, leading to ACCA certification.

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  • 55 Hours Training
  • Online / Classroom / Onsite
  • 20 Jul, 2024 / 27 Jul, 2024
  • Additional Program Dates
  • 100K+ Happy Students

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What is The IFRS Course All About?

The IFRS course equips professionals with in-depth knowledge of International Financial Reporting Standards. It emphasizes concepts, principles, and practical applications globally. Structured with case studies and hands-on exercises, participants prepare for the ACCA's Diploma in IFRS. The course helps gain essential skills for effective competition in the international business landscape.

Why is The IFRS Course Important?

The IFRS course is crucial for professionals as it imparts essential skills in IFRS reporting, a mandate for companies worldwide. This training elevates one's standing in the finance industry. It offers the chance for career advancement and promotion. Mastering IFRS standards ensures transparency, accountability, and efficiency in financial reporting. This helps foster trust and stability in the global economy.

How Does the IFRS Course Help You Get Hired by Companies?

The IFRS course enhances employability globally by providing in-depth knowledge of international accounting standards. Companies seek IFRS-certified professionals to ensure transparency and high-quality financial reporting. Acquiring IFRS skills enables professionals to contribute to informed decision-making. This fosters international comparability and meets the rising demand for qualified finance experts in a growing number of countries.

Industry Trends

In today’s global business landscape, IFRS is impacting a company's overall growth. Apart from just managing money, the finance department is also required to understand the updated IFRS standards. This is why companies prefer IFRS-certified candidates as they can present strategic considerations apart from money management.

 

Market trends

Today, IFRS has become the global accounting icon and an inevitable part of the finance industry. According to the U.S. Bureau of Labor Statistics, employment in business and finance will grow by 8% from 2020 to 2030. This indicates that there will be around 750,800 new jobs for IFRS. 

Salary Trends

The job trends in the finance industry are quite appealing due to its huge responsibility and high salary. Professionals with IFRS certification tend to attract higher salary packages. Here are some of the salaries earned by professionals in the MENA region that are listed below:

  • Dubai: AED 17,000 to AED 45,000 per month
  •  Saudi Arabia: SAR 22,500 to SAR 48,500 per month
  • Qatar: QAR 14,500 to QAR 51,000 per month

These figures indicate the lucrative job opportunities and financial rewards that come after completing the IFRS Course. This makes it a valuable investment in one's career.

 

Demand & Opportunities

The growing global adoption of IFRS has heightened the need for certified professionals in Qatar. Undertaking an IFRS course presents lucrative opportunities, aiding companies in smooth migration, ensuring universal acceptance, building trust, and fostering economic growth through increased global investment.

A few of the most-sought finance jobs are as follows:

  • Finance Managers
  • Chartered Accountants 
  • Financial Reporting Analysts 
  • IFRS Consultants 
  • Financial Planners 

Course Outcome

Successful completion of the IFRS course will help you to:

  • Gain an in-depth understanding of the structure of the framework of international accounting
  • Explore the concepts, principles, and application of IFRS in the international marketplace
  • Examine the fundamental requirements of IFRS
  • Apply relevant international financial reporting standards to key elements of financial reports
  • Prepare general-purpose financial statements

Course Module

  • DipIFR - Diploma in International Financial Reporting
  • International Sources of Authority
  • The International Accounting Standards Board (IASB) and the regulatory framework
  • Fundamental ethical and professional principles
  • Presentation of Financial Statements and Additional Disclosures
  • Presentation of the statement of financial position, the statement of profit or loss and other comprehensive income and the statement of changes in equity
  • Earnings per share
  • Events after the reporting period
  • Accounting policies, changes in accounting estimates and errors
  • Related party disclosures
  • Operating segments
  • Reporting requirements of small and medium-sized entities (SMEs)

 

  • Elements of Financial Statements
  • Revenue recognition
  • Property, plant and equipment
  • Impairment of assets
  • Leases
  • Intangible assets and goodwill
  • Inventories
  • Financial instruments
  • Provisions, contingent assets and liabilities
  • Employee benefits
  • Tax in financial statements
  • The effects of changes in foreign currency exchange rates
  • Agriculture
  • Share-based payment
  • Exploration and evaluation expenditures
  • Fair value measurement
  • Preparation of External Financial Reports for Combined Entities, Associates and Joint Arrangements
  • Preparation of group consolidated external reports
  • Business combinations – intra-group adjustments
  • Business combinations – fair value adjustments
  • Business combinations – associates and joint arrangements
  • Complete disposal of shares in subsidiaries

 

Program Dates

20 Jul
  • 09:00 AM
  • Sat
  • Classroom
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27 Jul
  • 11:00 AM
  • Sat
  • Online Live
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Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

 

Professional Qualifications

 

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Why Count on Learners Point?

Being the leading providers of the IFRS course, at Learners Point we help professionals master the necessary skill sets to complete the certification.

Following are the USPs our IFRS course offers you:

  •  We look at real-world scenarios organizations face and formulate our IFRS training course evaluating practical requirements
  • Apart from theoretical knowledge, we also focus on practical case studies to give you a reality check and insight into what exactly will be asked of you while delivering in a demanding role
  • Our bespoke IFRS course also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organizing group sessions, we also offer a guided learning experience to enhance the quality of our training program
  •  We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"Transitioning into a role as a corporate controller, the IFRS course was crucial for navigating the complexities of financial reporting in a multinational setting. The comprehensive curriculum, including complex consolidation techniques, empowered me to lead financial reporting initiatives within my organization. I am now better positioned to ensure compliance and transparency."

Fiona Dewar

Corporate Controller

"The IFRS course provided me with the tools to analyze financial statements through a global lens. The practical exercises and simulations allowed me to apply theoretical knowledge to real-world scenarios. I can now confidently interpret financial data and communicate insights effectively, making me a valuable asset in the realm of financial analysis."

Ravisha Ali

Financial Analyst

"As an aspiring auditor, the IFRS course was instrumental in honing my analytical skills and understanding the intricacies of financial reporting. The emphasis on audit implications and ethical considerations was particularly enlightening. I now approach audit engagements with a comprehensive understanding of international standards, ensuring accuracy and compliance."

Abira Akram

Aspiring Auditor

"Coming from a finance background, the IFRS course was a game-changer for me. The in-depth insights into global accounting standards broadened my perspective and made me a more versatile finance professional. The course structure, coupled with industry-relevant case studies, gave me a competitive edge in the dynamic world of finance."

Derek Seth

Finance Professional

"The IFRS course not only expanded my knowledge of international financial reporting but also equipped me with practical skills crucial for a successful career. The hands-on approach and real-world examples provided an invaluable learning experience. I now feel confident navigating complex financial scenarios and contributing meaningfully to any organization."

Sophia Shah

International Financial Reporting Specialist

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

FAQs on IFRS Course

The eligibility criteria for the IFRS Course are as follows: 1) A passing score on the IFRS Examination 2) Bachelor's Degree in any field OR 3) A minimum of two years experience in any related financial area (accounting, financial management, financial services, audit, investment). 4) A Minimum of 25 hours of IFRS-approved training

The passing score of the IFRS exam is 50%.

The IFRS Course examination takes place in Association of Chartered Certified Accountants (ACCA) exam centres.

The exam pattern of the IFRS Course is multiple choice questions (MCQ).

The major differences between IPSAS & IFRS Certification are as follows: 1)IPSAS has established no-exchange transactions that encompass public-sector-specific standards. IPSAS 23 covers revenues arising from taxes, grants, fines, and levies. 2) IFRS has no such standards as it believes that such transactions are not required for private sector entities. 

The duration for the IFRS Certification exam is 3 hours 15 minutes.

The IFRS examination takes place twice a year in June and December.

The total marks of the IFRS Certification exam is 100 marks. There are four questions of 25 marks each.

There are unlimited exam attempts for the IFRS Certification exam.

The benefits of earning IFRS Certification are as follows: 1)Builds Professional Foundation 2)Helping hand in the better functioning of businesses 3)Globally recognized qualification standards 4)Better job opportunities

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