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Top 5 Reasons to Enroll in an IFRS Training Course

The abbreviation IFRS refers to the International Financial Reporting Standards. The International Accounting Standards Board (IASB) was established in 2001 as a private-sector organization to develop uniform international accounting standards. There are now 120 nations using IFRS.

Aspirants can complete the IFRS Training Course in only three months. This IFRS course will equip you to compete in today’s increasingly global economy with the knowledge and concepts of international financial reporting.

Best Institute for IFRS Training Course

Henry Harvin is an ideal option if you want to do an IFRS course. Professional instructors dedicated to student success led the IFRS course near me. The professionals at this facility will help you find a job, set up an internship, and provide feedback on your projects. Additionally, they offer training materials and case studies.

Henry Harvin is unlike any other brand on the market. It’s been around for over a decade and has educated over 4.6 million people. The monthly class count is seven thousand. There are 210 business partners and 130 educational institutions involved.

Key Highlights of the Course

  • Around 80 hours of content are available, including live sessions and recordings.
  • They teach their students both theoretical concepts and applicable skills.
  • Over 160 major corporations and 60 universities rely on Henry Harvin’s expertise.
  • Experts in the field instruct students, and they will have access to real-world projects in areas like financial reporting, income tax, and more.
  • Henry Harvin’s Finance Academy membership for an entire year.

Top 5 Reasons to Enroll in an IFRS Training Course

  • Better for Your Accounting Resume

You may increase the value of your current degree in accounting and finance by taking an IFRS course, whether you hold a  CA, ACCA, Company Secretary, or CFP designation. High demand may persist until more professionals complete professional accounting courses that include IFRS training. 

  • Globally Compliant, Very Transparent Reporting 

IFRS operates on guiding principles rather than based on a set of rules.IFRS considers both formalities and practicalities. As a result, the financial statement will always be as unambiguous as possible, with as little room for error as possible.

  • Salaries for IFRS Specialists are Pretty Competitive

The market value of a qualified IFRS specialist is very high. Around Rs 9.5 lakhs per year is the average income in India. Top financial businesses provide salaries of up to Rs 15 lakhs per annum. 

  • Provides Access To Job Possibilities All Across The World

If you have an IFRS certification, you can choose to work anywhere in the globe. The most outstanding accounting jobs in India and beyond are open to those with an IFRS training course. Companies are hiring experts on a massive scale, and more than 120 nations have implemented IFRS standards. 

  • Promote Cross-Border Mergers and Acquisitions 

As the world economy has become more integrated, doing business with overseas firms has become more manageable. It has demonstrated a rising pattern of attracting foreign money through acquisitions and mergers with more prominent brands and global corporations. The International Financial Reporting Standards (IFRS) create a comprehensive picture, and the risk associated is evident, allowing for such significant business decisions with confidence.

Final Takeaway

Opportunities in the financial sector are expanding thanks to the IFRS training course. Finding work in any multinational organization, freelancing as an IFRS expert, or starting your consultancy firm are all viable options. You’re highly sought after as an employee due to your international accounting practice knowledge. There is a worldwide shift towards using IFRS as the standard for financial reporting. Join this IFRS certification and distinguish yourself as a go-to expert in accounting.

FAQ’s

Q-1. What are the four IFRS principles?

Ans. Financial statements must adhere to IFRS’s four fundamental principles of transparency, objectivity, dependability, and comparability. 

Q-2. What is the IFRS Training Course?

Ans. IFRS training helps you to understand and explain the structure of the international accounting system. Use appropriate accounting standards for financial report components. Determine which company information must be included in financial statements and notes and implement those changes.

Q-3. How can I earn my IFRS certification?

Ans. Bachelor’s degree in any discipline OR two years’ experience in accounting, finance, management, services, auditing, investments, etc. A minimum of 25 hours of training that meets IFRS requirements.

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