International Financial Reporting Standard (IFRS) is a set of accounting standards that handle various transactions in financial marketing.  The IFRS course is organized by the Association of Certified Chartered Accountants (ACCA), UK. In India, a parallel course called Chartered Accountancy (CA) is organized by the Institute of Chartered Accountants of India (ICAI). Now, both courses are available in India.  It follows whether all the accountants maintain the rules and regulations or not. The main task of IFRS is to maintain transparency in the financial department. The IFRS course in Pune is popular all over India.

IFRS is a profit-oriented entity. The statement of this entity provides information about the position, performance and cash flow of a company or organisation.  Moreover, IFRS provides a common language for business affairs which is accepted globally. It helps investors recognise the opportunities and risks in the business world. The IFRS course in Pune promotes the Universal standard IFRS course.

Why do I choose the IFRS course as my career?

If you are a student of accounting or related to accounting and you want to explore your career globally, then the IFRS course is helping you to fulfil your dream. So, it is the most prestigious and valuable course in the finance domain. After completing 2 years of accounting courses along with the ACCA certificate, you can easily qualify for the IFRS course. The IFRS course in Pune is one of India’s most popular IFRS courses.

Who can choose IFRS as a career?

Though the IFRS course is related to finance and accounting, the students of the mentioned department can easily choose IFRS as their career. The departments are-

• Cost and works Accountants,
• Certified Financial Planners (CFP),
•  MBA in Finance or Accounting,
•  Chartered Financial Analysts (CFA),
•  Company Security (CS)

If you live in Pune or nearby Pune and you are a graduate in any of the above-mentioned subjects then you should choose the IFRS course in Pune.

About the city of Pune

Pune is situated in western India and is popular for its rich history, as well as it has educational hub and industrial hub. After Mumbai, it is the biggest city in Maharashtra. Moreover, Pune is known as the “Queen of Deccan”. Certainly, it has a big IT hub and automobile sector. However, this city has many multinational corporations which increases job opportunities. Meanwhile, Pune is popular for various activities, such as sports, theatre, classical music, and literature. But, it is also popular in the industry. In short, it is the cultural capital of Maharashtra. The IFRS courses in Pune are in demand.

The IFRS course in Pune promotes the Universal standard IFRS course.

Here we shortlisted the top 10 IFRS courses in Pune:

1. Henry Harvin – IFRS Courses in India

       Contact No: +91 9891953953 | Chat on WhatsApp with Henry Harvin

If you are looking for an IFRS course in Pune, then Henry Harvin institute is good for you. The IFRS classes in Pune have provided the faculties of experienced trainers who are committed to providing quality education. Certainly, this centre gives you placement assistance, Internship, and project support from the experts. In addition, Case studies, Training materials are also given.

Henry Harvin is special for its quality and uniqueness. It has experienced over 9 years and trained 4,60,000 students so far. It has 7000 classes per month. The IFRS courses in Pune have 100 classes per month. It has 210 corporate partners and 130 college partners.

Henry Harvin® IFRS Course Ranks #1 in India by The Tribune

Henry Harvin IFRS course fees

https://www.henryharvin.com/schedule/ifrs-course

Cities in India Where Henry Harvin Course in Provided

Bangalore, Chennai,  Gurgaon, Kolkata, Mumbai, Jaipur, Hyderabad, Lucknow, Chennai, Gurgaon, Kolkata, Pune

Other Henry Harvin Courses

• ACCA Course
• Financial Analytics Course
• Financial Modeling Course
• RPA Certification Course

Also, check this video

2. Eduyush – IFRS Courses in India

       Contact No. – 096433 08079

Pro-Logo-696×696-1 Original_jpg_ae7fbd61-25c4-48aa-976e-91b28ad9e96e

IFRS course in Pune gives you an IFRS Diploma course by Eduyush institute. This is also an online course. It provides study material, books, and notes. The average pass rate of the IFRS course is 70%. The IFRS classes in Pune provide paid internships after completing the course.

The partners of Eduyush are one of the best IFRS, ACCA, and CA course providers. The IFRS courses in Pune have more than 500 students per year. The premium online courses are focused on learning as well as an internship. The promise of Eduyush.com is to recognize your intelligence and give you what you deserve, not only as a certificate but also empowerment of your knowledge and skill. It helps to give you the confidence to take on challenges.

Rating: 9.7/10

Course Timing:

This course takes a total of 50 hours of live classes and there are recorded lectures also available, the duration of the recorded class is 60 hours.

Course Fees:

Registration fee Rs. 9500/-

Exam fee Rs. 13400/-

Study material fee Rs. 3000/-

Total course fees Rs. 26000/-

Key feature:

1. Placement assistance.
2. The certificate is globally accepted.
3. You can pay the fees in an EMI process.

For more questions, call: +919643308079

OTHER RELATED COURSES:

1. Financial Reporting
2. Data Analytics
3. Taxation

3. Grant Thornton Academy – IFRS Courses in India

        Contact No. – +91 98913 95363

This academy also provides IFRS courses in Pune online. This academy provides result-oriented training programs to the students. Moreover, the experts will share their own experiences for best practices. The IFRS classes In Pune are the most popular among all of them.

Most importantly it is a learning and development academy. It provides a complete package program. The IFRS courses in Pune have expert trainers to guide you to impart practical knowledge through study material, online classes, and tutorials. The experience of internship in the real Financial Statement helps to enhance the student’s skills. As a result, the workshop is very important and it is very informative, it helps to understand the subject easily.

Rating: 9.8/10

Course Timing:

This IFRS course in Pune takes 75 hours, where the online class session is 60 hours and 15 hours of recorded video. The online class session is distributed in 12 sessions and each session has 5 hours’ time duration.

Course Fees:

Total course fees Rs. 24000/-

IFRS course fees in Pune provide a discount. They conduct an examination. If you score 90% and above then you will get a 50% discount on course fees.

Key features:

1. Online classes are recorded, you can view the recorded classes at any time.
2. Trainers have more than 10 years of experience in this field.
3. E-learning portals are available.

For more questions, call: +919891395363

OTHER RELATED COURSES:

1. Financial Modelling &Valuation
2. Blockchain
3. Business Intelligence

4. Times and Trends Academy – IFRS Courses in India

Experts have designed the IFRS course in Pune. This academy provides online and offline courses. However, this course helps you to get a job opportunity. In addition, the IFRS classes of Pune provide some extra tutorials.

The Times and Trends Academy is popular for vocational, multidomain, and professional training academies. Most importantly it has short-term courses along with long-term courses. The IFRS course in Pune is helpful to convert a student from the inside out, moreover, it helps to develop a student’s personality. Certainly, it has a 97% placement record. In addition, more than 300 companies are coming on campus. It has 4 centres at present. More than 12000 students are passed out from this academy.

Rating: 9.5/10

Course Timing:

This course takes 3 months Durations.

Course Fees:

Total fees Rs. 26000/-

IFRS course fees in Pune provide a 5% discount on the first 5 students’ admission.

Key features:

1. Free demo classes are available.
2. You can pay for monthly installation.
3. E-books are provided.

For more questions, call: +917720094515

OTHER RELATED COURSES:

1. International Diploma in Animation
2. Multimedia Mastery
3. Set Design 

5. AKs Training Academy – IFRS Courses in India

This academy is situated in Pune for the last 11 years and now it became one of the premium academies. This is popular for the IFRS course in Pune. In addition, this academy has experience mentors and guides. Firstly, the teaching methodologies of this academy are a combination of traditional and modern ways. Secondly, it has Online sessions and access to a record. IFRS classes in Pune provide the best faculties. In IFRS courses in Pune, there are only 15 students per batch so the trainer gives personal attention to each student. Most importantly, mock exams are given in regular basic.

The commitment of this academy is to provide unparalleled teaching and guidance to the students. As a result, commerce students have very few career options. But rewarding career options and this academy helps the students to choose their best career options.

Rating:  9.7/10

Course Timing:

The total time duration is 4 months.

 Course Fees:

Total fees Rs 27000/-

IFRS course fees in Pune provides discount depending on your graduation marks.

For more questions, call: +919764005804

OTHER RELATED COURSES:

1. CPA-US
2. IFA

6. IMS ProSchool

This private institution provides online and offline IFRS courses. This school is situated in Shivaji Nagar, Pune.  It is also popular for IFRS courses in Pune. You can get study material facilities and placement facilities. IFRS classes in Pune provide a hard copy of your certificate.

IMS ProSchool provides industry-relevant courses. It provides industry experts and professionals to take exceptional experimental training. Most importantly, it provides 100% placement assistance. IFRS courses in Pune have classes for interview preparation and resume building. As a result, more than 50,000 students are getting trained in this institute over 10 years. Certainly, it has more than 100 expert faculties and 15 centres across India.

Rating: 9.5/10

Course Timing:

The IFRS course takes 3 months.

Course Fees:

Total fees Rs 27000/-

IFRS course fees in Pune provide a 10% discount to SC, ST, and OBC students.

For more questions, call: +918826978461

OTHER RELATED COURSES:

1. Diploma in Taxation
2. International Accounting
3. Auditing and Control

7. Laimoon

If you are looking for an IFRS course in Pune, then this academy provides online IFRS courses. This academy provides experienced guides and has also provided placement facilities. In addition, the IFRS classes in Pune provide tutorials on the Marathi language also.

Rating: 9.3/10

Course Timing:

This course takes 3 months.

Course Fees:

This course takes Rs 28000/-

For more questions, call: +918421438047

OTHER RELATED COURSES:

1. French
2. Diploma in International Business Skill
3. Interior Design

8. LearnPick

This educational institution also covers IFRS courses in Pune online. Some faculties of this institution have 15+ years of experience. They help and guide the students to achieve their goals. This education centre also provides study materials. IFRS classes in Pune provide internships after completing the course with 70% marks.

Rating: 9.4/10

Course timing:

This course takes 3 months.

Course Fees:

This course takes Rs 27000/-

For more questions, call: +917780273388

OTHER RELATED COURSES:

1. Data Analytics
2. Robotics
3. Japanese language

9. Sulekha Institute

Sulekha is an old institute. This is a famous institution for the IFRS course in Pune. Their professional help and guide the students to achieve their goals. For example, IFRS classes in Pune provide an online and offline mode for this course.

Rating: 9.3/10

Course timing:

This course takes 3 months.

Course Fees:

This course takes Rs 25000/-

For more questions, call: 18004201212

OTHER RELATED COURSES:

1. Spanish
2. Data Science
3. Interior Design

10  FinTram Global

This institution offers an online IFRS course in Pune. It trains the candidate through expert faculties and provides study materials. However, it provides a globally recognized certificate. IFRS classes in Pune provide previous years’ exam papers. 

Rating: 9.1/10

Course timing:

This course takes 6 months.

Course Fees:

This course takes Rs 26000/-

For more questions, call: +918882677955

OTHER RELATED COURSES:

1. CMA
2. CPA

Importance of IFRS course

As the IFRS course is accepted globally, it has great importance for many countries all over the world. It is important for preparation for a company, small firms, the Banking sector, government agencies, etc. The advantage of adopting IFRS is, it considers a stable, fair and transparent accounting system across the world. It helps to increase the confidence level of the investors (domestic or foreign).

When every company follows the same rules and regulations then it becomes
easy to follow the same rule everywhere. Most importantly IFRS would provide
the facility for mergers and acquisitions across the border.

Meanwhile, IFRS tracks the liquid transactions, and funds details. It
provides securities for direct and indirect foreign investors across India. As
a result, various businesses become international as they would find such
comfort level of foreign investors. It is one of the main importance of IFRS.

So, the investors can easily make decisions regarding investment. IFRS
provides company details and financial statements.

Job Opportunities

After completing the IFRS course you can work in various positions, such as

• Chartered Financial Planner (CFP):  CFPs assist individual people to manage their money, income, and expenses. However, they also help their client with long-term goals, such as medical, retirement, etc.
• Financial consultant
• Chartered accountant (CA):  The task of the CAs is to prepare financial reports of a company. This report shows all the expenses, profit, and loan details. In other words, it also helps in handling taxes.
• Banking consultant
• Corporate Secretary (CS):  The main task of a CS is to look out for regularity, obligations, and corporation. However, it also deals with legal filings, shareholders’ positions, profit information, and tax responsibility.
• Insurance consultant
• Chartered Financial Analyst (CFA):  CFAs monitor the financial condition of a company and provide clients with improved financial conditions of the company.

History of IFRS course

In the year 1920, when international trade was built up, the need for standard financial reporting was also formed. At this time every country has its financial reporting standards. Meanwhile, these companies across borders were difficult. To solve this difficulty, in the year 1926, The International Accounting Conference (IAC) was formed. In the year 2001, International Accounting Standard Board (IASB) was formed. Certainly, it was replaced by the International Accounting Standard Committee (IASC). IFRS create a common accounting language so that the financial statement of a business can be consistent and reliable for every company.

IFRS adoption by a maximum number of countries is not a simple task. Meanwhile, the IFRS course is accepted by 128 countries.  Firstly, the IFRS course was introduced by the European Union. Later its importance was accepted by various countries. But, the United States has not adopted the IFRS yet. The original name of the IFRS course is International Accounting Standards (IAS). The IFRS course was maintained by the Board of the International Accounting Standard Committee (IASC). In the year 2001, IASC started developing its standard, the new standard edition known as IFRS.

IFRS has followed the rules

IFRS guides the financial reporting of a company or organization.

It deals with the international standard setter and brings a convergence of international accounting standards and high-quality solutions.

After publishing the company’s draft for public comment, these comments are considered by the IFRS. Comments made for a responsible period by the IFRS.

These reports are approved by the members of the IFRS committee.

The challenge of using IFRS

It is important to know the challenge of using IFRS rules in some essential benefit-related parts of the company.

Additional Cost: If the company wants to switch to the IFRS then, this company has to hire new employees and give training them. Because IFRS gives more money to short-term businesses.

Increased complexity: As the IFRS is applied for all types of business, therefore, it makes financial report complex.

A common language for stakeholders: It is easy to compare companies’ strengths, identities, and weaknesses because of the common language of stakeholders.

Features of IFRS

There are some features of IFRS

• Principle of IFRS

The rules of IFRS are broad-based and not very prescriptive, or elaborative. The business entities are free to use commercial judgement within the framework of IFRS.

• Value Accounting

IFRS encourages maintaining the fair value accounting principle. The investors and stakeholders preferred the fair value accounting principle.

• Comprehensive income

Comprehensive income is recently included in accounting standards and it holds an important place in IFRS. The comprehensive income shows all revenue expenses, losses, gains etc.

• Consolidation

Consolidation is a technique that is a part of IFRS. Under this consolidation technique, the assets and liabilities of a company’s subsidiaries are valued on the date of acquisition.

• Transparency

Transparency is a striking feature of IFRS. In the preparation of financial statements or in accounting the role of transparency comes from underlying and strong faith.

• Benefit new and small investors: 

As the rules of the financial standard are easily understood by all, new and small investors face very low risk in their business. 

The goal of IFRS

IFRS provide public companies with a global framework. It provides general guidance to prepare a financial statement rather than setting rules for specific industries.

Therefore, the international standard is important for large companies which have subsidiaries in various countries. In other words, IFRS is simplify accounting procedures by allowing a company to use the same reporting language.

CONCLUSION

At last, we can see that, the IFRS course creates a common law of finance all over the World. As a result, pursuing an IFRS course can be beneficial for both individuals and organizations. Therefore, the course helps the students to understand International Financial Reporting Standards. Moreover, it helps to become more Knowledgeable in financial segments, auditing, and international taxation. Anyone can easily analyse companies’ performance and financial conditions. Most importantly the data are reliable, accurate, and appropriate within the rules.  Consequently, it is a set of rules and guidelines like a blueprint of accounting. In other words, if you are good at accounting and finance, and you want to explore your career globally then the IFRS course is ideal for you. The IFRS course in Pune allows you to fulfil your dream.

Recommended Reads

• Applicability of IFRS in India in 2023
• Advantages of IFRS you will see in 2023
• WHAT IS THE BEST WAY TO LEARN ADVANCED EXCEL?
• What is Advanced Excel / MS Excel Course With Fees Scope

FAQ’s