A diploma in IFRS is a professional diploma that creates in-depth knowledge regarding International Financial Reporting Standards (IFRS). It makes finance professionals capable of understanding and implementing IFRS concepts worldwide. The certificate in IFRS enables students and professionals to enhance their financial reporting abilities, which are required worldwide today. It is ideal for those aspiring for international job prospects and those looking for an improved salary package within the accounting and finance sector.
What is a Diploma in IFRS?
Pursuing the diploma in IFRS provides access to a new dimension of accounting knowledge. It equips students and working professionals to interpret financial statements based on international standards. Anyone in accounting, finance, or auditing professions needs to learn IFRS since companies globally prefer candidates familiar with international standards. The diploma in IFRS educates on the structure, functioning, and application of IFRS.
The Association of Chartered Certified Accountants (ACCA) provides the diploma in IFRS, commonly called ACCA DipIFR. It is a well-known qualification. The diploma equips students and professionals with both theoretical insights and practical skills to effectively apply IFRS in real-world financial reporting. It illustrates how to prepare financial statements according to international laws.
This diploma is appropriate for Chartered Accountants, company secretaries, MBA finance professionals, Cost Accountants, and finance graduates. Those who work with multinational companies gain the most since most companies adopt IFRS standards. The IFRS certification enables professionals to demonstrate their proficiency in international reporting, hence becoming assets.
Who Should Pursue It?
Working professionals or students enrolling in an IFRS course online can conveniently complete their diplomas while working. The diploma is also for individuals preparing for job profiles related to IFRS or for those seeking a transition to global markets. Many IFRS training centres now provide flexible learning by conducting online classes.
Top IFRS Diploma Providers in 2025
International Financial Reporting Standards (IFRS) are necessary for worldwide financial transparency and standardization. You can be a CA, CMA, ACCA candidate, finance student, or working professional, and acquiring an IFRS diploma is an important career resource. As the global economies adopt IFRS compliance, numerous high-profile online websites provide adaptable, accredited, and career-building IFRS diploma courses.
1. Plutus Education
Website: https://plutuseducation.com/
Speciality: IFRS course with live lectures, mentoring & ACCA-recognized diploma
Why Plutus Stands Out
- Live Online Classes with expert CA/CPA instructors
- ACCA Certification partnership for the Diploma in IFRS
- Comprehensive study materials, test series, and mock exams
- One-on-one mentorship and career guidance
- Affordable pricing tailored for Indian students
2. Zell Education
- Offers Diploma in IFRS (Dipifr) from ACCA
- Fully online learning with recorded + live sessions
- Weekly doubt-solving, case studies, and mentorship
3. EY India (Ernst & Young)
- Globally reputed diploma with live weekend classes
- Focus on working professionals
- Taught by industry experts from EY
- Includes access to EY’s knowledge base
4. IMS Proschool (by NSE Academy)
- Offers Diploma in IFRS – ACCA Certified
- Face-to-face, online, and self-paced options
- Coaching aligned with ACCA Dipifr examination
5. EduPristine
- ACCA-authorised training provider
- Industry trainers from Big 4 firms
- Offers financial modelling + IFRS combo packages
| Institute | Mode | ACCA Affiliation | Price Range | Best For |
| Plutus Academy | Live Online | Yes | ₹25,000–35,000 | Affordable, mentorship |
| Zell Education | Hybrid | Yes | ₹35,000–45,000 | Working professionals |
| EY India | Live (Weekends) | Yes | ₹50,000+ | Corporate learners |
| IMS Proschool | Hybrid | Yes | ₹30,000–40,000 | Students + professionals |
| EduPristine | Online | Yes | ₹35,000–50,000 | Finance professionals |
Significance of IFRS in the Indian Accounting Arena
India’s economy is expanding rapidly, and numerous Indian companies are engaged in business worldwide. Thus, an urgent need is to align Indian accounting standards with international standards. The Ministry of Corporate Affairs has launched Ind-AS based on IFRS. It facilitates the preparation of financial statements by companies that are easily readable to foreign investors.
IFRS adds comparability and transparency. Indian firms using Ind-AS will attract foreign investment more easily. Certified IFRS professionals are sought after as businesses require individuals familiar with international reporting standards. Online IFRS course options have facilitated the improvement of skills of Indian professionals without quitting their jobs.
Implementing IFRS concepts assists Indian businesses in listing on foreign stock exchanges. It also enhances confidence and faith among international investors. Therefore, increasing numbers of Indian students and professionals are taking IFRS courses to obtain certification.
Industries Recruiting IFRS-Certified Professionals
Most industries currently hire personnel qualified under IFRS. IFRS knowledge is appreciated in business segments that have operations abroad or mandate stringent financial reporting. The Industries in demand are as follows:
- Banking and Financial Services: International regulators require reports from banks.
- Consulting Firms: Organisations such as KPMG, Deloitte, EY, and Pwc need IFRS experts to undertake audit and advisory assignments.
- Multinational Corporations (MNCS): Multinationals operating in various countries need their accounts harmonised according to international standards.
- Information Technology (IT) and Software: Several IT firms outside India prefer people with IFRS training.
- FMCG and Retail: Foreign brands based in India require specialists who understand international reporting.
- Manufacturing: Large manufacturing firms looking to venture outside their home country require IFRS specialists.
- Real Estate: Real estate firms operating with foreign investors employ IFRS-based accounting and reporting.
Students graduating with a diploma in IFRS can be employed across these sectors. They can also work overseas where IFRS is required.
Process to Register for Diploma in IFRS
Having knowledge of how to register for the diploma in IFRS makes it easier. Below is a step-by-step guide for Indian students and professionals:
Step 1: Check IFRS Eligibility Criteria
- First, check if you are eligible as per the IFRS eligibility criteria:
- Professional accounting qualification, or
- Graduate with two years of work experience in accounting, or
- Three years of practical accounting experience.
- Make sure you have documents like degree certificates or experience letters.
Step 2: Choose an IFRS Training Institute
Choose a good IFRS training centre. Find centres with strong faculty, excellent placement facilities, and current IFRS study materials. Several centres provide IFRS online courses so that attending would not require leaving one’s job.
Step 3: Register on the ACCA Website
Visit the official ACCA website. Register as a student. Fill out the ACCA DDiplomaregistration form. Upload your documentation. Pay for the registration. Keep all the registration details in a safe place for future reference.
Step 4: Prepare for IFRS Examination
Begin studying as soon as possible. Stick to the official IFRS syllabus and utilise the suggested books. Regularly attend classes. Practice past papers and sit for mock exams. Institutes usually advise students regarding IFRS exam dates and facilitate better study planning.
Step 5: Pay for the Exam and Appear
Make payments for the exam fees before the given deadline. Book the exam session with proper exam care. Study well and sit for the exam confidently. Apply good exam strategies to be successful. Upon passing, you get the diploma in IFRS certificate from ACCA.
Eligibility Criteria for IFRS Certification
Knowing the eligibility criteria and course structure beforehand allows candidates to plan and use their time better. These details inform students what to expect and ensure a great learning experience.
Who Can Enrol?
The eligibility criteria for IFRS are easy to meet and available foremost. The key requirements are as follows:
- Candidates need to possess a professional accounting qualification.
- Graduates with two years of work experience in finance or accounting can apply.
- Accountants with three years of practical work experience can apply even without a professional qualification.
- Anyone fulfilling these requirements can begin their IFRS journey effortlessly.
Structure of the IFRS Certification
The IFRS syllabus deals with a lot of topics that are crucial to learning financial reporting. The following are the primary subjects:
- In-depth study of major standards (like IFRS 15, IFRS 9, IFRS 16)
- Preparation of financial statements
- Consolidated financial statements
- Implementation of IFRS across industries
IFRS courses are typically between 3 and 6 months, depending on the learning medium. Those who learn IFRS online can finish it earlier if they put in more study hours.
IFRS Course Fee and Preparation Details
The IFRS course fees vary according to the institution. In India, it usually ranges from INR 25,000 to INR 50,000. Besides tuition fees, candidates must pay the IFRS certification fee directly to ACCA for the exam and registration.
The proper preparation for the IFRS exam involves
- Understanding the syllabus thoroughly
- Making use of quality IFRS study material
- Practicing past papers
Getting enrolled in a reliable IFRS training institute guarantees higher probabilities of success. Institutes also provide vital dates, such as IFRS exam dates, so that students can plan accordingly.
Career Opportunities and Advantages After Obtaining the Diploma in IFRS
Obtaining the diploma in IFRS unlocks a universe of career development. Knowledge of international standards allows candidates to receive higher remunerations, global job designations, and greater respect within the industry.
Immense Demand for IFRS Professionals
Firms require professionals who are well aware of international accounting standards. For this reason, the need for IFRS-qualified individuals continues to increase. Large companies, particularly multinational corporations, like to hire IFRS-certified professionals for their financial reporting requirements.
Some of the typical jobs after IFRS certification are:
- Financial Analyst
- IFRS Consultant
- Financial Reporting Manager
- Audit Manager
- Corporate Accountant
These positions provide the best IFRS career prospects. Professionals also get opportunities to work with Big Four firms such as Deloitte, Pwc, KPMG, and EY.
Advantages of IFRS Certification
Having a diploma enhances professional reputation. It also fosters extensive technical knowledge, ensuring candidates can address intricate financial reporting matters. The following are the most critical IFRS advantages:
- Increased salary packages
- International employment offers
- Greater job opportunities
- Better understanding of global financial reporting
- Increased status as a specialist in the field
Salary and Growth Prospects
Experts who possess the diploma will likely see a salary increase of 30% to 50%. The salary is experience- and position-dependent, but typically falls between INR 7 LPA and INR 20 LPA in India. Overseas, it can be much higher. Obtaining a diploma in IFRS accelerates one’s career growth and increases long-term employment security in the international job market.
Comparing IFRS with GAAP
Finance professionals must understand the differences between IFRS and GAAP. Education on IFRS vs. GAAP enables working professionals and students to better equip themselves for a career in accounting globally.
| Feature | IFRS | GAAP |
| Basis | Principle-based | Rule-based |
| Inventory Valuation | No LIFO allowed | LIFO and FIFO allowed |
| Development Costs | Can be capitalised | Usually expensed immediately |
| Revaluation of Assets | Allowed | Rarely allowed |
| Structure | Broader guidelines | Detailed and strict rules |
Why Understanding IFRS vs GAAP Matters?
Understanding the differences between IFRS and GAAP enables candidates to comprehend the flexibility and complexity of financial reporting. Companies transitioning to IFRS or Ind-AS in India seek professionals familiar with both systems.
The IFRS for Professionals course equips students to handle transitions between accounting standards easily. With companies going global, familiarity with both systems provides professionals with an added advantage. Joining a good IFRS training program ensures that students understand these differences deeply. It builds strong foundational knowledge required for top roles in the industry.
Diploma in IFRS FAQs
- What is the benefit of an IFRS diploma?
The IFRS diploma enhances international financial reporting standards and boosts global accounting career opportunities.
- What is the scope of a diploma in IFRS?
A diploma in IFRS is valuable for finance professionals working with global companies, especially where IFRS is adopted or converging.
- What are the requirements for an IFRS diploma?
A relevant degree or accounting experience is typically required; some roles may demand prior qualifications like CA or ACCA.
- What is the duration of the diploma in IFRS?
The course can be completed in 3–6 months, depending on your pace and mode of learning.
- Is the IFRS diploma recognised globally?
Multinational companies widely recognise it and enhance credibility in international finance and accounting roles.
