The IFRS course is an internationally recognised training program that will help you understand and apply International Financial Reporting Standards. This course is perfect for anyone who wants to develop expertise in international financial reporting and disclosure practices. A popular choice is an IFRS certification course, which can open up career opportunities in multinational organizations. Before starting to apply, individuals ought to first verify the eligibility standards for an IFRS course, which typically requires an accounting or finance background. Candidates should also take a deeper look into the IFRS course details, including the IFRS course full form (International Financial Reporting Standards), syllabus and career prospects.
Why Should You Take an IFRS Course?
An IFRS course can propel your career in accounting and finance. The significance of IFRS in world finance is objectively immense. Multinational organizations require professionals who are familiar with such international standards to ensure their financial reporting aligns with global standardization. Taking an IFRS certification course opens a lot of good career avenues, especially in a multinational corporation and in a firm dealing with exportation and import activities internationally.
IFRS certification makes you different in the job market. As companies continue to implement these international standards, they look to experts who can guide them through the murky waters of financial regulation. After taking an IFRS course, you will be equipped to help companies meet accurate financial reporting, manage risk and adhere to global accounting standards.
IFRS training is also good for students and professionals looking for careers in accounting or finance where they have to deal with global markets. Professionals working in IFRS are paid more due to the expertise they have learned through a complete IFRS course. If you want to change direction in your career or you feel like you want to sharpen your skills, the IFRS certification course is a valuable investment in your future.
What Types of IFRS Courses are There?
Different kinds of IFRS courses that you can choose from, depending on whether you are a beginner or an expert, as well as your career aspirations. These courses vary from basic familiarity with IFRS to advanced qualifications and diplomas. Let’s look at the key types:
Basic IFRS Courses
The courses are ideal for anyone who is new to finance or accounting. They address such basic aspects of IFRS as the main principles and the crucial standards. Fundamental courses are designed for people willing to learn accounting in a quick and easy way.
Intermediate IFRS Courses
You should consider taking an intermediate IFRS course if you have prior experience in finance or accounting. It goes beyond just the analysis of IFRSs, illustrating how they are applied in practical financial reporting situations. Areas such as measurement and recognition of assets and liabilities, revenue recognition, and financial statements preparation under IFRS will be addressed.
Advanced IFRS Certified Courses
For accounting and finance specialists looking for specific knowledge, higher courses give you an opportunity to get more in-depth insights into complicated areas like consolidation, business combination and financial instruments under IFRS. These Programs are often meant for managers or professionals, and some may lead to becoming an IFRS expert.
Diploma in IFRS
The diploma in IFRS is an extensive course that includes basic and advanced-level topics. It is commonly viewed as an expertise for people who want to be able to prove a high level of competence in IFRS. A diploma is usually accepted by professional accounting associations and can lead to management positions in accounting and finance.
IFRS Course Duration and Fees
The course duration and the course fees are one of the most crucial things one considers while opting for an IFRS course. These two components can be dependent on the provider, course depth, and instruction method (online vs. in person). These are the following:
Course Duration
- Fundamental IFRS training programs typically take about 2 to 3 months. They are aimed at a basic awareness of IFRS and are of a shorter duration.
- IFRS intermediate-stage programs are usually of 3 to 6 months’ duration. They are more detailed and take longer to learn to deal with all of the subjects.
- Advanced IFRS certification programs may span 6 months to a year, depending on the intensity and depth of the program.
- Diploma in IFRS course duration ranges from 6 months to a year. These classes cover everything there is to know about IFRS.
Course Fees
- Basic IFRS course is between ₹10,000 and ₹30,000 in India. This fee may differ from provider to provider and whether or not the course is online.
- Intermediate and advanced IFRS classes range from ₹30,000 to ₹70,000. Such courses are of a more technical nature and might require additional resources.
- Diploma in IFRS courses are the most expensive, with the fees being between ₹60,000 and ₹100,000. These individual diplomas, however, are globally recognized and can boost your career prospects.
Course Level | Duration | Target Learners | Structure & Mode | Certificate/Exam | Fees (Approx.) |
Basic IFRS Course | 2–3 months | Beginners, B.Com/M.Com students | Online self-paced or live sessions | Certificate of completion (some may have MCQ test) | ₹10,000 – ₹30,000 |
Intermediatete IFRS | 3–6 months | Finance executives, junior accountants | Mix of recorded + live classes, assignments | Usually includes internal tests or final assessment. | 30,000 to ₹70,000. |
Advanced IFRS Course | 6 months – 1 year | CAs, CFAs, ACCAs, finance professionals | Detailed module-wise training, live case studies | Final exam (MCQ/descriptive + case analysis) | ₹50,000 – ₹70,000 |
Diploma in IFRS (ACCA) | 6 months – 1 year | CA-qualified, MBA (Finance), ACCA students | Official ACCA IFRS curriculum, deep practical training | ACCA’s DIPIFR Global Exam (4-hour paper) | ₹60,000 and ₹100,000 |
IFRS Course Fees Outside India
If you are planning to pursue an IFRS course outside India, then the fees of the course may differ according to the country, the institution and the type of course taken by you. Abroad, generally, the fees are on the higher side; the cost of living, market demand, and reputation of the institutions offering the course are among a few factors. Let’s have a look at the fees of the IFRS courses in different countries.
Country | Course Provider | Average Fees (USD) | Includes |
UAE | ACCA / Local Institutes | $1,200 – $1,800 | Training + Study Material + Mock Tests |
UK | ACCA / BPP / Kaplan | $1,500 – $2,200 | Online/Offline Classes + Exam Registration |
Singapore | Local Institutes / ACCA | $1,000 – $1,700 | Classes + Materials (exam fee extra) |
Canada | ACCA / Local Partners | $1,300 – $2,000 | Training + Certification Support |
USA | ACCA / Wiley / Becker | $1,500 – $2,500 | Course Access + Doubt Sessions + Exam Prep |
Australia | ACCA / Local Institutions | $1,200 – $1,900 | Online Sessions + Study Kit |
South Africa | ACCA / Online Providers | $900 – $1,500 | E-learning + Assessments |
Qatar/ Oman/ KSA | ICAI / Local Bodies | $1,000 – $1,600 | Face-to-Face / Online Training |
Eligibility for IFRS Courses
The IFRS course eligibility criteria are a three-fold process. Based on the type of course you choose to study. The following are the typical requirements at various stages of IFRS training:
- Basic IFRS Course: This kind does not require much expertise , and many schools have no tenets for eligibility. A fundamental knowledge of accounting or finance will be helpful, however not required.
- Intermediate IFRS Course: If you have basic knowledge of accounting (which is a must to apply to the course anyway), most of the institutes ask for an undergraduate degree in accounting/ finance/business.
- Advanced IFRS Certification Course: They are normally for those who have a little background in accounting or finance. Typically, a previous qualification such as a CA, CFA, or finance MBA is needed.
- Diploma in IFRS: A diploma program would require a strong foundation in accounting or finance. Normally, schools will want job applicants with a minimum of a bachelor’s degree in accounting or a related field.
IFRS Online Courses vs In person Courses
As online education becomes more prevalent, many students are choosing to take IFRS courses online rather than in person. Each type of count has its pros and cons. Let’s compare:
Online IFRS Courses
- Flexibility: You can learn when it’s convenient for you, which is nice for people who have full-time jobs, or are in school doing something else at the same time.
- Affordable: Online courses are sometimes less expensive than in-person courses since they don’t have the same overhead in terms of physical classrooms and materials.
- Global Accessibility: Wherever you are, you can take IFRS training from renowned institutions across the globe.
In person IFRS Courses
- Personalized Interaction: The one-on-one relationship possible in a live course setting can be helpful for learning.
- Schedule: For those who like structure, these classes are arranged for you.
- Networking: Classroom learning provides you with the opportunity to network and learn from others’ experiences.
Top Online IFRS Course Providers in India
Here are some trusted and popular online platforms offering high-quality IFRS training:
Plutus Education
- Mode: Online (Live + Recorded sessions)
- ACCA Success Path – Diploma in International Financial Reporting Standards (IFRS)
- Highlights: India-specific IFRS focus with case studies and expert-led classes
- Fees: ₹24,999
- Certification: Yes
- Ideal for: Working professionals, CA/MBA students in India
EY (Ernst & Young) Learning Solutions
- Mode: Online (Self-paced with live support)
Highlights: Industry-led program with practical applications and real company data - Fees: INR 12,000 plus taxes for Indian participants, USD 250 for participants outside India
- Certification: Yes, after assessment
- Ideal for: Working accountants, finance analysts
ACCA (Association of Chartered Certified Accountants)
- Mode: Online global delivery
- Highlights: Official Diploma in IFRS certification by ACCA UK
- Fees: For ACCA members £220, for non-ACCA members £295
- Ideal for: CAs, semi-qualified CAs, and international finance professionals
IFRS Course FAQs
1. What is an IFRS course?
An IFRS course teaches about International Financial Reporting Standards. These are global accounting rules used by companies to prepare financial statements. The course helps finance professionals understand and apply these rules correctly.
2. Who should do the IFRS course?
Chartered Accountants, MBA (Finance), ACCA students, auditors, and finance professionals should do an IFRS course. It helps in building a global career in accounting and improves job opportunities in MNCs and Big 4 firms.
3. What is the duration of an IFRS course?
IFRS courses vary in duration. Basic courses take 2–3 months, intermediate ones 3–6 months, and diploma or advanced programs take 6 months to 1 year, depending on course depth and provider.
4. What is the fee for an IFRS course in India?
The fee depends on the course level. Basic courses cost around ₹10,000–₹30,000, intermediate to advanced ones cost ₹30,000–₹70,000, and Diploma in IFRS courses cost between ₹60,000–₹100,000.
5. Is the IFRS course useful for a career in India?
Yes, the IFRS course is highly useful. Indian companies follow Ind AS, which is based on IFRS. Also, MNCs, Big 4 firms, and banks prefer hiring professionals trained in IFRS for global reporting roles.