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If youu2019re looking for a career in ifrs certification course, then you should explore Contetra Pvt ltd website.<br><br>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. u00a0It 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.<br>u00a0<br>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,
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Content • What are IFRS Standards? • IFRS vs. US GAAP • IFRS Standards • IFRS Careers • Contact
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
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.
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 onhttps://contetra.com/diploma-in-ifrs-training/