If you’re looking for a career in ifrs certification course, then you should explore Contetra Pvt ltd website. If you are a finance professional, you could get into the specialization of a particular form of finance. For e.g., you could pursue a diploma in ifrs certification course.  It is not a pre-requisite that one only needs to be a CA alone, there are many certifications you can opt for to upskill your career.   IFRS online certification course now becomes an essential accounting course that is being studied by finance professionals all over the world. If you wish to pursue this course, you could get in touch with Contetra Pvt Ltd. Visit our website & get all the details regarding this course on https://contetra.com/diploma-in-ifrs-training/

1. IFRS Standards

2. Content
• What are IFRS Standards?
• IFRS vs. US GAAP
• IFRS Standards
• IFRS Careers
• Contact

3. What are IFRS Standards?
IFRS standards are International Financial Reporting Standards (IFRS) that consist of a set
of accounting rules that determine how transactions and other accounting events are
required to be reported in financial statements.
They are designed to maintain credibility and transparency in the financial world, which
enables investors and business operators to make informed financial decisions.
IFRS standards are issued and maintained by the International Accounting Standards
Board and were created to establish a common language so that financial statements can
easily be interpreted from company to company and country to country.

4. IFRS
Standards
• First-time Adoption of
International Financial Reporting
Standards
• Share-based Payment
• Business Combinations
• Insurance Contracts
• Non-current Assets Held for Sale
and Discontinued Operations
• Exploration for and Evaluation of
Mineral Resources
• Financial Instruments: Disclosures
• Operating Segments
• Financial Instruments
• Consolidated Financial
Statements
• Joint Arrangements
• Disclosure of Interests
in Other Entities
• Fair Value
Measurement
• Regulatory Deferral
Accounts
• Revenue from
Contracts with
Customers
• Leases
• Insurance Contracts

5. IFRS vs. US
GAAP
• The largest difference between the US GAAP
(Generally Accepted Accounting Principles)
and IFRS is that IFRS is principle-based while
GAAP is rule-based.
• Rule-based frameworks are more rigid and
allow less room for interpretation, while a
principle-based framework allows for more
flexibility.
• There are pros and cons to both approaches,
depending on how they are used. For
example, using a standard that fits within a
“rule” but that clearly does not represent the
principle behind the standard can be a
downside of the GAAP.
• While conversely, taking an overly liberal
interpretation of standards is a potential
drawback to the IFRS.

6. IFRS Careers
• If you’re looking for a career in ifrs certification course, then you
should explore Contetra Pvt ltd website.
• If you are a finance professional, you could get into the
specialization of a particular form of finance. For e.g., you could
pursue a diploma in ifrs certification course. It is not a pre-
requisite that one only needs to be a CA alone, there are many
certifications you can opt for to upskill your career.
•
• IFRS online certification course now becomes an essential
accounting course that is being studied by finance professionals
all over the world. If you wish to pursue this course, you could
get in touch with Contetra Pvt Ltd. Visit our website & get all the
details regarding this course on https://contetra.com/diploma-
in-ifrs-training/

7. Contact
Website :
https://contetra.com/diploma-
in-ifrs-training/
Email Id :
tejas.savla@contetra.com
Phone No : 98338 18857