Which is the best course for IFRS?
Diploma in IFRS by the Association of Chartered Certified Accountants (ACCA) is one of the most recommended and respectable qualifications in International Financial Reporting Standards across the globe. The diploma course by ACCA is designed to develop knowledge and understanding of IFRS.
What is IFRS course fees?
The average IFRS Course fee ranges from INR 20,000 to INR 30,000. Professionals working as a Chartered Accountant, Company Secretary, Chartered Financial Analyst, Financial Planner, Cost Accountant, etc.
Who can apply for IFRS course?
Who can apply for this course
- Qualified Chartered Accountants or those with 2 years of relevant experience in the field of finance and accounting.
- A professional accountant or an auditor who works in practice or business and are qualified according to national accounting standards.
What is ACCA course?
ACCA as a course covers aspects of Chartered Accountancy such as Accounting, Financial Reporting, Auditing, Taxation, Business Finance and Financial Management. This programme has a total of 13 examinations that a candidate must appear for. The 13 exams are split into 3 levels – Knowledge, Skill and Professional.
What standards are used to prepare financial statements by most of the countries and companies?
Answer: International Financial Reporting Standards (IFRS) set common rules so that financial statements can be consistent, transparent, and comparable around the world. IFRS are issued by the International Accounting Standards Board (IASB).
What is the salary of IFRS in India?
The Salary trend for IFRS in India As you gain experience and spend around 6-8 years in the industry after your specialization in the IFRS, you can expect a salary in the range of Rs 20 lacs to Rs 25 lacs per annum.
Can I do IFRS after BCom?
International Financial Reporting Standards (IFRS) Students looking for short term courses after BCom can consider IFRS courses.
Is IFRS part of ACCA?
An ACCA qualification for finance professionals International Financial Reporting Standards (IFRS) are mandated in more than 100 countries worldwide.
Is ACCA accepted in India?
It is worth doing ACCA in India, as it is recognized by most multinational companies (MNCs) operating in India, including the companies known as the Big Four (KPMG, Ernst & Young (EY), Deloitte and PricewaterhouseCoopers (PwC)), the four largest professional services networks in the world.
Is ACCA higher than CA?
Less Fee Structure – As CA is an Indian recognized course while the ACCA is U.K. based. Therefore, the fee structure of ACCA is much higher comparatively CA(fee structure).
What is the need of IFRS in India?
The main purpose of implementing IFRS is that it shall lower the cost of capital and bring in new opportunities. It will also improve brand value and enable benchmarking with global peers. IFRS accounting network even projects when the cost is feasible for FV and when it should not be used for FV.