Can I do IFRS after 12th?

To pursue the IFRS Courses, the candidates will have to complete their bachelor’s degrees from the field of accounts or finance. The candidates can go through a 3-year course in BCom Accounting & Finance. The B.Com courses can be pursued after completion of 10+2 in the Science or Commerce stream.

What is the scope of IFRS in India?

As such, IFRS professionals enjoy high demand in India. The demand is higher because there is a lesser number of IFRS professionals in India and moreover, experts can offer consultancy services to companies adopting IFRS standards and need assistance with migrating older accounts to newer accounting structures.

Is IFRS a good career?

IFRS certification can benefit your career if you belong to the field of accounts and are eager to make a lucrative career in finance and accounts. Many countries including India, are moving to IFRS accounting standards. This is why knowledge of IFRS is very important.

Do IFRS replace IAS?

The IAS was a set of standards that was developed by the International Accounting Standards Committee (IASC). They were originally launched in 1973 but have since been replaced by the IFRS. IFRS is a set of standards that was developed by the International Accounting Standards Board (IASB).

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 and Ind AS same?

IFRS stands for International Financial Reporting Standards, It is prepared by the IASB (International Accounting Standards Board). IND AS is also known as Indian Accounting Standards or Indian version of IFRS.

What is the difference between ISA and IFRS?

International Accounting Standard (IAS) and International Financial Reporting Standard (IFRS) are the same. The difference between them is that IAS represents old accounting standard, such as IAS 17 Leases . While, IFRS represents new accounting standard, such as IFRS 16 Leases.

Can we do IFRS after BCom?

How can I do IFRS course in India?

Two years of relevant accounting experience and a degree, attracting at least ACCA qualification exemptions F1-F4. Two years of relevant accounting experience and an ACCA Certificate in International Financial Reporting. Three years of relevant accounting experience.

Which Indian companies use IFRS?

And found that Indian technology sector leads the path of voluntary adoption of IFRS. Compare to other sectors (Infrastructure, Tele- communication, Pharmaceuticals), Indian IT Companies like Infosys, Wipro, TCS have already field financial statement in accordance with IFRS as per the requirement of US Stock Exchange.