Topical classes and general knowledge classes are two options for learning about the International Financial Reporting Standards (IFRS). The IFRS Foundation should accredit IFRS classes, and you should take classes that are recommended this non-profit organization. Your current level of knowledge in general accounting and IFRS can also assist you in deciding which IFRS classes are best for you. For example, if you want to learn how to implement IFRS into your current business, you can enroll in a class designed specifically for that purpose.
The International Financial Reporting Standards (IFRS) are taught in workshops that last one to three days. The IFRS Foundation makes an effort to offer workshops and classes in a variety of major cities around the world, so you can attend a class in the location that is most convenient for you. If you are unable to attend classes due to your location or schedule, online classes are also available and should be chosen because the instructor is knowledgeable in IFRS. Many large financial institutions offer IFRS classes that can help you learn the subject and earn a certification in it.
Depending on your interests, classes are offered in both topical and broad-category formats. If you are unfamiliar with the International Financial Reporting Standards (IFRS), you should look for a beginner’s level course on the subject, as the accounting principles are complex. The International Financial Reporting Standards Foundation (IFRS Foundation) offers a two-day beginner’s course that teaches you about accounting policies, assets, and liabilities. After mastering the fundamentals, you can advance to the more difficult and detailed areas of IFRS, such as contract information and advanced financial reporting. There are also numerous specialty courses available on topics such as technological advancements, IFRS implementation, and fair-value reporting.
If this is an area that interests you, you can also take IFRS classes to become an IFRS trainer. Select classes taught instructors or trainers who have been certified the IFRS Foundation to provide the highest level of education on the subject. You can effectively teach the information to others after taking IFRS classes to become a trainer. Certificates are also available in various areas of IFRS, so if certification is important to you or is required to qualify for a specific job, enroll in a program that leads to certification.