Diploma in IFRS

Diploma in International Financial Reporting (DipIFRS) is a course offered by the globally reputed Association of Certified Chartered Accountants. It is one of the highest qualifications in the field of finance & accounting, and enjoys global recognition. It is ideal for professionals seeking an in-depth knowledge about the International Financial Reporting Standards (IFRS).

A DipIFRS certification opens you up to endless opportunities in the finance & accounting industry. Finance & accounting professionals are always in demand – both in India and abroad. Also, the global recognition of the DipIFRS certification ensures work opportunities all over the world. In India, a variety of IFRS profiles are offered in a number of top organisations. Most of our DipIFRS candidates get placed in leading organisations like the Big Fours (PwC, KPMG, Deloitte, E&Y), Grant Thornton, and BDO.

IFRS has a set of simple objectives that are quite well-defined and understandable. The IFRS course details talk about them. The first and foremost is to create a single set of understandable and enforceable global accounting standards that require transparency. During the IFRS course duration, candidates understand how clarity in financial statements and other financial reports and global standards help the capital markets of the world. Investors can make better decisions based on such disclosure.

The diploma in IFRS talks about the rigorous application of these standards. If a person is wondering what to do after CA, the IFRS course is a great place to start. The standards help to bring together the national accounting standards. The result is high-quality solutions, and the IFRS has been instrumental in taking the first steps towards the common goal. The IFRS course helps individuals grasp the standards set by the IFRS.

The standards for accounting and financial reporting vary in every country. Generally accepted accounting principles (GAAP) is the framework within which the financial reporting practices of the Financial Accounting Standards Board (FASB) has been set. While IFRS sets forward a set of global principles that you can find out in the IFRS course details, GAAP is a set of common accounting principles that companies must follow. Diploma in IFRS is the perfect choice for a professional who wants to work in a large multinational organization.

The IFRS course duration will help you learn all about IFRS and how it differs from other standards. The primary point of distinction is that GAAP is rules-based, while IFRS is based on principles. IFRS course is a great choice if you are wondering what to do after CA. GAAP prohibits reversals white it might be allowed under IFRS.