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International Financial Reporting Standards (IFRS)

The Universal Language of Global Financial Accounting

  • Comprehensive Introduction to IASB & IFRS Accounting Standards

  • Global Convergence for preparers, auditors, and users

  • Master Complex Accounting for non-current assets and financial instruments

  • Group Accounting Expertise including subsidiaries and joint ventures

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Key details

At TransforMentors, our IFRS Training Course offers a deep dive into the history, recent changes, and future developments of the International Accounting Standards Board (IASB). Our format distills complex standards into easy-to-digest modules, making it the perfect preparation for CertIFR and DipIFR certifications.

About The IFRS Program

The International Financial Reporting Standards (IFRS) course traces the evolution of global accounting from its early roots to current digital reporting demands. This course provides guidance on how to use IFRS in practice through real-life case studies, exercises, and multiple-choice samples to test your knowledge as you progress toward certification.

Learning Outcomes
By completing this course at TransforMentors, you will be able to:

  • Explain the Framework: Understand the structure of international accounting authority.

  • Apply Standards: Implement relevant reporting standards to key financial elements.

  • Identify Disclosures: Apply specific disclosure requirements for company notes.

  • Consolidate Statements: Prepare group reports for subsidiaries, associates, and joint ventures.

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Who Should Choose IFRS?

  • Professional Accountants: Qualified by national standards looking to gain global accreditation.

  • Auditors: Seeking to understand disclosure requirements and international frameworks.

  • Finance Managers: Individuals responsible for preparing group financial statements and consolidated reports.

  • Unqualified Professionals: Those with accounting experience looking for a formal IFRS Qualification.

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Detailed Course Content (CertIFRS & DipIFRS)

Our syllabus covers the most critical standards required for global practice:

Revenue & Presentation

  • IAS 1: Presentation of Financial Statements

  • IFRS 15: Revenue from Contracts with Customers

  • IAS 8: Accounting Policies, Changes in Estimates, and Errors

Asset Accounting & Impairments

  • IAS 16: Property, Plant and Equipment

  • IAS 38 & 36: Intangible Assets and Impairment of Assets

  • IFRS 16: Leases (The modern standard for lease accounting)

  • IAS 2 & 40: Inventories and Investment Property

Financial Instruments & Liabilities

  • IFRS 9: Financial Instruments (Recognition and Measurement)

  • IFRS 13: Fair Value Measurement

  • IAS 37: Provisions, Contingent Liabilities, and Assets

  • IAS 12 & 19: Income Taxes and Employee Benefits

Group Accounting & Consolidation

  • IFRS 3 & 10: Business Combinations and Consolidated Financial Statements

  • IAS 28: Investments in Associates and Joint Ventures

  • IAS 21: The Effects of Changes in Foreign Exchange Rates

Our faculties

Step into the realm of CA! Beyond being a mere certification, it’s a distinguished qualification with global recognition, offering you a wealth of skills and knowledge. Brace yourself for an enriching journey that paves the way for your success!

Aubrey Bravo

Aubrey Bravo

Student
Bryony Storey

Bryony Storey

Designer
Annabelle Perry

Annabelle Perry

Architect
Bryony Storey

Bryony Storey

Designer

Career Prospects

IFRS expertise is mandatory for professionals working in or with the “Big 4,” multinational corporations, and international investment firms.

  • Target Roles: Financial Controller, Group Accountant, External Auditor, and IFRS Reporting Manager.

  • Global Reach: Recognized in over 140 jurisdictions, including the EU, Middle East, and Asia.

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Benefits of Learning MBA with TransforMentors

  • 500+ Expert Faculty, One-on-One Mentoring
  • Top Notch Results with 60%+ Pass Rate
  • Placement in Global Organisation, Global Recognition
  • 75,000+ Accomplished Alumni

Coaching fee

Starting at ₹ 10,000/month

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Learning Modes

Offline Classes

Experience the lively classroom setting in person. Connect with instructors and classmates personally, engage in face-to-face interactions, and get instant feedback for an enriching learning experience.

Online Live Classes

Discover the wisdom of our skilled educators, no matter where you find yourself physically. Immerse yourself in live discussions with teachers and fellow learners, creating a vibrant, teamwork-infused learning journey.

 

Hybrid Classes

Combine the convenience of online learning with the personalised touch of live sessions. Dive into the core concepts with recorded lectures and enhance your skills through engaging practice sessions guided by experienced instructors.

 

FAQ

CertIFR (Certificate) is an introductory qualification ideal for those new to IFRS. DipIFR (Diploma) is an advanced level for experienced professionals that covers more complex group structures and deeper technical applications.

Yes, we include a section on the principal differences between IFRS and US GAAP to ensure you are ready for a truly global career.