International Financial Reporting Standards (IFRS) Overview

International Financial Reporting Standards (IFRS) is an arrangement of bookkeeping standards created by an autonomous, not-revenue driven association called the International Accounting Standards Board (IASB).

The objective of IFRS is to give a worldwide structure to how open organizations get ready and reveal their financial proclamations. IFRS gives general direction to the arrangement of financial explanations, instead of setting rules for industry-particular reporting.

About Our Company

IFRS certification can open career opportunities beyond India as 117 countries have already adopted it. ACCA Certificate/ Diploma in IFRS is considered the most sought-after certification in IFRS. excited and keen to get the required training immediately!

IFRS Course Eligibility

  • Two years’ relevant accounting experience and a relevant degree (attracting at least ACCA qualification exemptions F1-F4)
  • Two years’ relevant accounting experience and an ACCA Certificate in International Financial Reporting.

What are the objectives of IFRS

  • to develop, in the public interest, a single set of high quality, understandable, enforceable and globally accepted financial reporting standards based upon clearly articulated principles. …
  • to promote the use and rigorous application of those standards.
CHAPTER 1 :IFRS Certification Course
  1. IFRS Certificate Program creates an understanding of International Financial Reporting Standards, necessary for success in the contemporary global business world.
  2. Our program teaches IFRS with practical approach and examples.
  3. This program also prepares the candidates for certifications in Ind – AS and Diploma / Cert IFRS
CHAPTER 3 : Benefits of studying IFRS
  1. ITES,
  2. Software,
  3. Pharmaceutical,
  4. Auto spare part,
  5. Professional advisory companies,
  6. Auditing firms,
  7. Banking industry,
  8. Insurance industry,
  9. KPOs, etc.
CHAPTER 5 : Who should pursue this certification?
  1. Candidates pursuing graduation,
  2. Post-graduation in commerce,
  3. or qualified professionals like MBAs,
  4. CAs, CMAs, CSS, CFAs, CFPs
  5. Or any other relevant course in the field of finance can opt for this certification in IFRS.
CHAPTER 7: Syllabus at glance
  1. The nature and operations of the IASB
  2. The status and use of IFRSs around the world
  3. Presentation and profit
  4. Accounting for assets and liabilities – part 1
  5. Accounting for assets and liabilities – part 2
  6. Group accounting
  7. Disclosure standards
  1. International Financial Reporting Standards (IFRS):
  2. Are accounting standards and principles
  3. Are set by the International Accounting Standard Board (IASB)
  4. Are becoming global standards for preparation of financial statements.
  5. Enable uniform reporting
  6. Most countries are converging or adopting their standards towards IFRS
  7. India, as a step closer to convergence with IFRS, has adopted Ind-AS
CHAPTER 4 : Why NSE Academy certification?
  1. NSE Academy is the certifying body for financial modules
  2. The only IFRS program in India certified by NSE Academy
  3. On completing this certification candidate will learn to:
  4. Apply relevant financial reporting standards to key elements of financial reports
  5. Identify and apply disclosure requirements for companies in financial reports and notes to accounts
  6. Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint arrangements Attempt Cert IFRS examinations (ACCA) without any further coaching
CHAPTER 6: On completion of this certification
  1. Get an additional certification of IndAS and 10-15 hours of training for Dip IFRS (ACCA) from IMS Proschool with no additional cost.
  2. *Attempt Cert IFRS examinations (ACCA) without any further coaching
  3. *Apply relevant financial reporting standards to key elements of financial reports.
  4. *Identify and apply disclosure requirements for companies in financial reports and notes to accounts.
  5. *Statements (excluding group cash-flow statements) including subsidiaries, associates and
CHAPTER 8: Certification process
  • Enroll with IMS Proschool for IFRS course
  • Complete classroom training in 3-months
  • Clear the internal examination with minimum 70%
  • Fill the exam form on the Proschool website with NCFM ID. If you don’t have an NCFM ID, you can visit
  • Take the exam at NSE India or NSEIT Centers
  • Clear the NSE India Certification on IFRS and get certification
  • Get an additional 10-15 hrs. Classroom training (LVC) for Dip IFRS/ Ind As 



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