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International Financial Reporting Standards (IFRS) is a set of accounting standards, developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements. India is one of the over 100 countries that have or are moving towards IFRS (International Financial Reporting standards) convergence with a view to bringing about uniformity in reporting systems globally, enabling businesses, finances and funds to access more opportunities. ICAI has decided to implement IFRS in India. The Ministry of Corporate Affairs has also announced its commitment to convergence to IFRS.
IFRS Professionals are in great demand. Companies specializing in consulting & finance constantly hire skilled IFRS Reporting Professionals. Various public and private companies also need IFRS Professionals for their finance or accounts departments.
Vskills Certified IFRS Professionals will find employment in Top MNC's and organisations like E&Y, KPMG, PwC, Deloitte
https://www.vskills.in/certification/ifrs-professional-table-of-contents
https://www.vskills.in/certification/ifrs-professional-sample-questions
http://www.vskills.in/practice/quiz/ifrs
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IAS 1 — Presentation of Financial Statements IAS 2 — Inventories IAS 7 — Statement of Cash Flows IAS 8 — Accounting Policies, Changes in Accounting Estimates and Errors IAS 10 — Events After the Reporting Period IAS 11 — Construction Contracts IAS 12 — Income Taxes IAS 14 — Segment Reporting (Superseded) IAS 15 — Information Reflecting the Effects of Changing Prices (Withdrawn) IAS 16 — Property, Plant and Equipment IAS 17 — Leases IAS 18 — Revenue IAS 19 — Employee Benefits (2011) IAS 19 — Employee Benefits (1998) (superseded) IAS 20 — Accounting for Government Grants and Disclosure of Government Assistance IAS 21 — The Effects of Changes in Foreign Exchange Rates IAS 22 — Business Combinations (Superseded) IAS 23 — Borrowing Costs IAS 24 — Related Party Disclosures IAS 26 — Accounting and Reporting by Retirement Benefit Plans IAS 27 — Separate Financial Statements (2011) IAS 27 — Consolidated and Separate Financial Statements (2008) IAS 28 — Investments in Associates and Joint Ventures (2011) IAS 28 — Investments in Associates (2003) IAS 29 — Financial Reporting in Hyperinflationary Economies IAS 30 — Disclosures in the Financial Statements of Banks and Similar Financial Institutions IAS 31 — Interests In Joint Ventures IAS 32 — Financial Instruments: Presentation IAS 33 — Earnings Per Share IAS 34 — Interim Financial Reporting IAS 35 — Discontinuing Operations (Superseded) IAS 36 — Impairment of Assets IAS 37 — Provisions, Contingent Liabilities and Contingent Assets IAS 38 — Intangible Assets IAS 39 — Financial Instruments: Recognition and Measurement IAS 40 — Investment Property IAS 41 — Agriculture IFRS 1 — First-time Adoption of International Financial Reporting Standards IFRS 2 — Share-based Payment IFRS 3 — Business Combinations IFRS 4 — Insurance Contracts IFRS 5 — Non-current Assets Held for Sale and Discontinued Operations IFRS 6 — Exploration for and Evaluation of Mineral Resources IFRS 7 — Financial Instruments: Disclosures IFRS 8 — Operating Segments IFRS 9 — Financial Instruments IFRS 10 — Consolidated Financial Statements IFRS 11 — Joint Arrangements IFRS 12 — Disclosure of Interests in Other Entities IFRS 13 — Fair Value Measurement IFRS 14 — Regulatory Deferral Accounts IFRS 15 — Revenue from Contracts with Customers Issues in IFRS Difference between IFRS and US GAAP
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