Accountancy is one of the leading careers in Commerce, opted for by many students. Some directly study abroad after 12th Commerce, while others go for accounting courses like Diploma in Financial Accounting or an MBA. Apart from these regular full-time degree programmes, there are a few short-term certificate courses offered by recognized institutions like IFRS. Through this blog, let us explore different IFRS courses.
IFRS Courses: Quick Overview
Parameters | Details |
---|---|
Full Form | International Financial Reporting Standards |
Eligibility Criteria | A bachelor’s degree in a relevant subject and at least two years of professional accounting experience is required. |
Top IFRS Courses | Diploma in IFRS, IFRS Certificate Course, etc. |
Who can study the IFRS course? | Cost Accountant, Company Secretary, Financial Planner, etc. |
IFRS Course Fees | INR 26,000 to INR 80,000 |
IFRS Course Duration | 2-3 months |
Top Platforms Offering IFRS Course | ICAI, AICPA, Manipal ProLearn, Global FTI, ACCA, etc. |
Top Job Profiles | Chartered Financial Planner, Chartered Financial Analyst, Cost Accountant, etc. |
Average Initial Salary | INR ₹4.8 LPA to ₹7 LPA in India |
This Blog Includes:
- IFRS Courses: Quick Overview
- What is IFRS?
- Why Pursue IFRS Certification and Who Should Enroll?
- Key Skills Required
- IFRS Focus Areas
- Eligibility Criteria
- IFRS Certifications: Key Features
- Top Platforms Offering Online Certificate Courses
- Top Colleges Offering UG
- Master in IFRS Courses
- Top Colleges Offering PG
- Popular IFRS Courses
- Duration and Fees Overview
- List of IFRS Standards (2025)
- Scope and Career Opportunities
- FAQs
What is IFRS?
IFRS stands for International Financial Reporting Standards. These are globally accepted rules for how companies prepare and present their financial statements. Set by the International Accounting Standards Board (IASB), IFRS ensures that financial reports are transparent, comparable, and reliable across countries. That means whether a company is based in India, Germany, or Brazil , their financials can be understood and trusted in the same way.
In short, IFRS is the global language of accounting. It helps investors, governments, and businesses make smarter decisions by making numbers mean the same thing everywhere.
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Why Pursue IFRS Certification and Who Should Enroll?
In today’s global economy, companies work across borders, and that means they need a common accounting language. That’s exactly what IFRS provides. Let’s understand more about it.
Why Pursue It?
- Stay relevant in a world where IFRS is becoming the norm
- Increase your chances of working abroad or with global clients
- Enhance your profile for roles in audit, accounting, and reporting
- Get an edge in competitive job markets, even as a fresher
Who Should Enroll?
- Accounting and finance students (B.Com, M.Com, MBA, CA aspirants)
- Working professionals in audit, finance, or compliance
- CAs, CMAs, or ACCAs looking to upskill for global opportunities
- Anyone wanting to transition into international finance roles
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Key Skills Required
Accounting Skills | Regulatory Compliances | Auditing Skills |
Microsoft Office | Financial Advising Skills | Investment Planning |
Financial Analysis | Investment Management | Insurance |
Portfolio Management | Market Research | Corporate Governance |
Legal Compliance | Regulatory Compliance | Legal Document Review |
Financial Reporting | Account Management | Tax Compliance |
Cost Accounting | Financial Modeling | – |
IFRS Focus Areas
- Business combinations
- Presentation of financial statements
- Revenue recognition
- Employee benefits
- Borrowing costs
- Foreign exchange rates
- Income taxes
- Investment in associates
- Inventories
- Fixed assets
- Intangible assets
- Leases
- Retirement benefit plans
- Operating segments
- Subsequent events
Eligibility Criteria
Good news! You don’t need to be a finance wizard to start an IFRS course. But yeah, it helps if you at least know what a balance sheet is.
Here’s what most platforms or institutes usually ask for:
- You should’ve studied commerce, finance, or accounting (like B.Com, M.Com, MBA, etc.)
- Or you’re a working professional in accounts, audit, or reporting
Even freshers can apply but some courses expect 1–2 years of experience
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IFRS Certifications: Key Features
Upon completion of the certification, the holder should be able to:
- Comprehend and explicate the international regulating framework of financial reporting
- Should be able to confer and apply the theoretical knowledge to the International Accounting Standards
- Should be able to prepare financial statements under International Financial Reporting Interpretations Committee
- Should group financial statements like subsidiaries and associate the joint ventures
- Know the global accounting functions
Top Platforms Offering Online Certificate Courses
Platform Name | Mode | Course Fee |
---|---|---|
ACCA | Online (Available in 113 countries) | INR 10,421 |
Manipal ProLearn | Online | INR 25,700 |
Proschool | Online | INR 25,000 |
AICPA | Online | INR 79,573 |
Global FTI | Online | INR 17,492 |
CGMA Store | Online | INR 30,826 |
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Top Colleges Offering UG
Institute Name |
---|
Narsee Monjee College of Commerce & Economics, Mumbai |
LPU Jalandhar |
Jain University, Bangalore |
Christ University, Bangalore |
Pandit Deendayal Petroleum University, Gandhinagar |
Stella Maris College, Chennai |
Ethiraj College for Women, Chennai |
Chandigarh University |
NIMS University, Jaipur |
St. Andrew’s College of Arts Science & Commerce, Mumbai |
Master in IFRS Courses
- IFRS Courses do not provide Master courses.
- Candidates can pursue the IFRS Courses by taking master courses in finance and accounting.
- Master courses are typically two years in length and can be pursued after completing a B.Com or BBA in Finance and Accounting.
- The typical IFRS Course price is between INR 8,000 and INR 8,00,000 per year.
Top Colleges Offering PG
Institute Name |
---|
IIM Ahmedabad |
IIM Calcutta |
IIT Kharagpur |
IIM Kozhikode |
IIM Indore |
IIT Delhi |
IIT Bombay |
IIT Roorkee |
Popular IFRS Courses
- Diploma in IFRS by ACCA- KPMG India
- Diploma in IFRS by ACCA- EY
- ACCA Diploma in IFRS – PWC’s academy
- Grant Thornton
- Saraf Academy
- IMS preschool
- Globalfti
- Hi-Educare
- Udemy – online courses
- Takshila learning
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Duration and Fees Overview
Let’s take a look at the duration and fees of IFRS courses in India:
Course Type | Duration | Average Fees (INR) |
CertIFR (ACCA) | 1–2 months | ₹20,000 – ₹30,000 |
DipIFR (ACCA) | 3–6 months | ₹60,000 – ₹1,00,000 |
Online Short Courses (India) | 1–3 months | ₹10,000 – ₹30,000 |
Advanced Courses | 6–12 months | ₹60,000 – ₹1,00,000 |
IFRS FSA (IFRS Foundation) | 30–50 hours/module | ₹35,000 – ₹55,000 |
List of IFRS Standards (2025)
Let’s take a look at this list:
- IFRS 1 – First-time Adoption of IFRS
- IFRS 2 – Share-based Payment
- IFRS 3 – Business Combinations
- IFRS 4 – Insurance Contracts
- IFRS 5 – Non-current Assets Held for Sale and Discontinued Operations
- IFRS 6 – Exploration for and Evaluation of Mineral Resources
- IFRS 7 – Financial Instruments: Disclosures
- IFRS 8 – Operating Segments
- IFRS 9 – Financial Instruments
- IFRS 10 – Consolidated Financial Statements
- IFRS 11 – Joint Arrangements
- IFRS 12 – Disclosure of Interests in Other Entities
- IFRS 13 – Fair Value Measurement
- IFRS 14 – Regulatory Deferral Accounts
- IFRS 15 – Revenue from Contracts with Customers
- IFRS 16 – Leases
- IFRS 17 – Insurance Contracts
- IFRS 18 – (Expected in 2025: Presentation and Disclosure – Draft stage)
Scope and Career Opportunities
As more Indian companies adopt Ind AS (based on IFRS), the demand for professionals who actually understand these standards is rising fast. Let’s take a look at the scope and career opportunities.
Job Role | Experience Level | Typical Annual Salary (INR) |
IFRS Analyst / Financial Reporting | Entry (0–2 yrs) | ₹6 lakh – ₹8 lakh |
Financial Reporting Manager / Consultant | Mid (2–6 yrs) | ₹10 lakh – ₹15 lakh |
Audit Manager / IFRS Specialist | Mid (3–6 yrs) | ₹8 lakh – ₹15 lakh |
Finance Controller / Consolidation Specialist | Senior (6+ yrs) | ₹15 lakh – ₹20 lakh+ |
CFO / Senior IFRS Consultant | Senior leadership | ₹20 lakh – ₹29 lakh+ |
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FAQs
Answer: The best IFRS course depends on your background. For professionals, the Diploma in IFRS by ACCA is globally recognized. For beginners, short-term online courses by ICAI, EY, or KPMG are good starting points.
Answer: Most IFRS courses require a bachelor’s degree in accounting, finance, or commerce. Some advanced certifications prefer CA, ACCA, or similar qualifications, but many online courses are open to students and freshers too.
Answer: IFRS-certified professionals in India typically earn between ₹5–12 LPA depending on experience. Senior roles like IFRS consultants, auditors, and finance managers can earn over ₹20 LPA.
Answer: IFRS course fees range from ₹5,000 to ₹1.5 lakhs, depending on the provider and certification level. ACCA’s Diploma in IFRS usually costs around ₹1–1.3 lakhs, including exam fees.
We hope our blog provided all the relevant information about IFRS, to know more about these courses, visit Leverage Edu and book your online counselling session with our exclusive E-meeting session!