Best IFRS classes: how to choose?

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Learn about International Financial Reporting Standards (IFRS) through accredited classes recommended by the IFRS Foundation. Classes are offered in-person or online, and cover beginner to advanced topics, with certification options available.

There are several ways to learn about International Financial Reporting Standards (IFRS), including topical lessons and general knowledge lessons. IFRS classes must be accredited by the IFRS Foundation, and you must choose classes recommended by this non-profit organization. Your current level of knowledge in both general accounting and IFRS can also help you determine the IFRS classes that are most suitable for you. For example, if you are interested in learning about implementing IFRS in your current business, you might choose a class that is specifically made for that purpose.

IFRS classes are offered in the form of workshops, which generally last from one to three days. The IFRS Foundation makes an effort to offer workshops and classes in many of the world’s major cities, so you can choose the location closest to you to attend a class. Online classes are also offered if you are unable to attend classes due to your location or schedule, and should be chosen as the instructor is knowledgeable in IFRS. Many large financial companies offer IFRS classes that can help you learn and become certified in the subject.

Classes are offered in both topical and broad category formats, depending on your interests. If you are not familiar with IFRS, try to find a beginner-level course on the subject, as accounting principles are complicated. The IFRS Foundation offers an entry-level course that lasts approximately two days and teaches about accounting policies, assets and liabilities. Once you’ve mastered the basics, you can move on to the more difficult and detailed areas of IFRS, which include contract information and advanced financial reporting. There are also many specific courses offered on subjects such as technology development, IFRS implementation and fair value reporting.

You can also take IFRS classes to become an IFRS instructor if this is an area that interests you. Choose classes taught by instructors or trainers approved by the IFRS Foundation for the highest standards of teaching on the subject. Once you have taken IFRS classes to become an instructor, you can effectively teach the information to others. Certificates are also offered in different areas of IFRS; therefore, choose a program that leads to certification if that is important to you or is necessary to qualify for a specific job.




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