11 Best IFRS Course Certification Classes and MOOCs 2024 [Updated]

With our list of Free IFRS Courses, you can gain comprehensive knowledge of the international financial reporting standards and earn certification.

Key Takeaways

• Learn all the key IFRS standards.
• Prepare financial statements through IFRS guidelines.
• Earn certificates to validate your understanding of global financial reporting.

What are the benefits of taking an IFRS course certification?

An IFRS course offers in-depth knowledge of the global accounting standards and helps professionals prepare compliant financial statements.

IFRS Courses Evaluation & Selection Criteria

Each IFRS course has been selected for its alignment with global financial reporting standards. The course offers practical projects and comprehensive knowledge of the subject.

List of 11 Best IFRS Course and MOOCs:

Below are the names and short descriptions of all the 11 IFRS courses and MOOCs.

IFRS Certificate Program

• • • via The American Institute of Certified Public Accountants
    • ★★★★★

This IFRS Course certificate program has been designed to help people gain the knowledge they need in IFRS for a successful career. Input from subject matter experts from across the globe has made this program a successful one. It provides CPAs and all the accounting professionals with the right training, knowledge, and the practical guidance needed to use IFRS.

The AICPA certificate will be awarded once you complete the comprehensive and integrated curriculum of 25 online and self-study training courses. All the IFRS courses in this program are highly interactive, engaging, and scenario-based. And you should know that nearly 50 IFRS experts were involved in developing these high-end courses. All those who manage to complete these IFRS courses will receive a certificate of Educational Achievement. With that, they’ll also receive 40.5 hours of continuing education credit. So, get into this program today and help yourself in updating your career with the right training and knowledge.

IFRS – A Complete Course on IFRS

• • • Syed Muhmmad Ali Shah via Udemy
    • 70 + already enrolled!
    • ★★★★★ (12 Ratings)

This is a type of IFRS course that has everything you need on the IFRS that is, International Financial Reporting Standards. To be able to understand the learning content of this IFRS course, you just need to have basic accounting skills and then you’d see how well you’ll learn from the course. The IFRS course is suitable for a variety of people like students who need to take the ACCA SBR exam or ACCA Dip IFR exam are more than welcome to join the course. Similarly, working professionals who need to prepare financial statements based on IFRS must also enroll in this course.

Completing the IFRS course will enable learners to develop knowledge and skills in understanding all the accounting standards and also applying them effectively. The IFRS course contains a variety of topics like understanding conceptual framework, IFRS 15-revenue from contracts with customers, IAS 16-property, plant, and equipment. Similarly, other topics like borrowing cost, impairment of assets, leases, foreign exchange, and more will be taught.

This is a very detailed IFRS course and focuses on the accounting concepts and principles and all its theories with an emphasis on problems that can arise in applying the accounting concepts for external reporting purposes. A very specific focus of this IFRS course is on the measurement of assets, liabilities equities, and income. With that, the instructor also focuses on the disclosure of additional information that may assist users to understand the financial reports. After that, the instructor is going to make users understand the overall financial accounting structure and standards. Going further, you will get a recap of the fundamental accounting process that is used to prepare the financial statements. You can also find out Online Accounting Courses at takethiscourse.

Similarly, the instructor will also talk in detail about the statement of cash flows and also provide a cursory review of key concepts that involve the time value of money. The IFRS course ends with a focus on revenue recognition that includes a discussion of the new revenue standard. The main topics that are a part of this course are a review of the accounting process, balance sheet and financial disclosure, income statement and accounting changes, revenue recognition, and much more.

IFRS Elearning

• • • via Deloitte
    • ★★★★★

Deloitte has developed high-quality e-learning modules on the IFRS that can help all types of learners to develop their knowledge and application of the basic principles and also the concepts of IFRS and IAS in detail. As there are many learning modules, and in each module, you will get access to real-life scenarios that will demonstrate the application of the standards. The modules have different sections that will explain the principles and theory. Then you will get access to worked examples that will show aspects of the standards in action.

Similarly, you will also get access to reference materials that will support learning. And then upon completing all the modules and passing the assessment of each module, you will get a printable certificate. So, if you want to understand all the IFRS and IAS knowledge and application, then Deloitte is your answer.

IFRS 16 – Leases

• • • Syed Muhmmad Ali Shah via Udemy
    • 50 + already enrolled!
    • ★★★★ (18 Ratings)

This IFRS course is a guide on IFRS 16 leases and aims to help you understand every single detail of it from start to end. With that, the course also focuses on making a comparison of IFRS 16 with the old standard IAS 17. You will get to understand the principle for measurement and recognition of leases that have been prescribed by the IFRS under IFRS 16. Similarly, the course also focuses on the concepts of the right to use assets, lease liability, and also the lease and service contract. This course is a complete guide kit for all those people who wish to learn the treatment of Revenue under IFRS 16. The instructor has made sure that the IFRS course contains all the information a learner needs to understand all the concepts that fall under IFRS 16.

Different topics are a part of this IFRS course that will help all types of accountants and professionals to understand the accounting and finance concepts from the comfort of their home. So, enroll now and start learning from this informational IFRS course today.

Managerial Accounting Fundamentals

• • • • University of Illinois via Coursera
      • 13 hour of effort required
      • 22,187+ already enrolled!
      • ★★★★★ (361 Ratings)

In this IFRS Certification course, you will be taught the fundamentals of managerial accounting that include learning to navigate the financial and related information that managers need to make different decisions. You will be learning all about what cost behavior and cost allocation systems are. After that, the instructor will teach you how to conduct a cost-volume-profit analysis. Similarly, going further you will learn to determine if costs and benefits are relevant to your decisions or not.

Upon completing this highly informational IFRS course, you will become capable enough to describe all types of costs and how they can be represented graphically. You’ll also be able to conduct a cost-volume-profit analysis that will help you answer questions around breaking even and generating profits. Next, you will also be taught how to calculate and allocate overhead rates within the traditional and activity-based cost allocation systems. Furthermore, you will learn to distinguish costs and benefits that are relevant from those that are irrelevant for a given management decision. Then, you will learn to determine a reasonable course of action when given the financial impact of a given management decision. Thus enrolling in this course will be worth your time and effort. You might also be interested in Best Paying Accounting Jobs.

More Introduction to Financial Accounting

• • • Wharton University of pennsylvania via Coursera
    • 17 hour of effort required
    • 44,461+ already enrolled!
    • ★★★★★ (415 Ratings)

This IFRS course aims to help you learn and understand how you can read, understand, and analyze most of the information that companies provide through their financial statements. The skills you will develop from this course will help you make more informed decisions using financial information. The course starts with a thorough introduction to financial accounting and then understanding what working capital assets are. Then, you will understand what long-lived assets are in detail. Going further, the instructor will help you understand what marketable securities are and their purpose. After that, it is time to move to the right side of the balance sheet and understanding what liabilities are. This involves understanding the time value of money. Then you will understand accounting for bank debt, mortgages, and bonds in detail.

The skills you will be able to develop from this informational course will be relevant to financial accounting, financial statements, generally accepted accounting principles, accounting terminology, balance sheet, statement of cash flows, and many more. So, if you are an accounting and finance geek and wish to know more about it then this course is what you need to enroll in.

IFRS Certificate Program

• • • • via AICPA
      • Skill Level: Introductory
      • ★★★★★

This certificate program is going to teach and make you understand and then apply the fundamental concepts and principles of IFRS across a broad range of accounting standards. You will get to recognize the underlying concepts and principles of IFRS in detail. Similarly, the instructor will also help you identify the required format and content of a complete set of financial statements. It also includes understanding the required footnote disclosures. Going further, you will identify the presentation and disclosure requirements of the statement of cash flows. And not just, you’ll also get to do the proper classification of operating, financing, and investing activities.

Next, you will be taught to indicate and apply the requirements of new standards on revenue recognition (IFRS 15) and leases (IFRS 16). After that, you will identify the classification, recognition, measurement, and disclosure of common financial statements. Then processing forward, you will identify and account for an impairment loss with respect to different non-financial assets. You will get to recognize the accounting treatment applied to share-based payments and employee benefits. Hence these above-mentioned and many other topics will be taught in this course.

IFRS 16 Leases – Beginner to Advance

• • • Abhishek Singh via Udemy
    • 38 + already enrolled!
    • ★★★★★ (14 Ratings)

Do you wish to learn lease accounting under IFRS 16 and GAAP differences with ASC 842 and IND AS 116? In this IFRS Course, you will be getting hands-on all the information you need to understand the IFRS 16 leases. You will learn in detail what leases are. Then you will learn about what the lease term is. After that, the instructor will help you understand the lease liability and right of use of the asset. Going further, you will be understanding all about the discount rate. Next comes an explanation of what fixed and in-substance fixed lease payments are.

Similarly, the instructor will also talk about what guaranteed and the unguaranteed residual value is. After that, you will understand what lessee accounting and disclosure is. As you see, all these terms that we are talking about makeup for the IFRS 16 leases and if you wish to learn all of them, then taking this IFRS course is what you need. After that, you will also understand other terms like lease exemptions, lease classification, lessor accounting and disclosure, manufacturer and dealer lessor, lease components, lease modification, and many more.

Accounting Analysis II: Accounting for Liabilities and Equity

• • • • • IIllinois university via  Coursera
        • 22 hour of effort required
        • ★★★★★ (389 Ratings)
        • 6,169+ already enrolled!
        • ★★★★★ (58 Ratings)

This accounting course aims to focus on a variety of concepts. This includes recognition, measurement, and subsequent accounting for equity, pensions, share-based compensations, etc. The instructor will make you understand the cash flows that utilize the FASB accounting standards codification and other resources in detail. Next, you will be introduced to the accounting principles that have been set for employee postretirement benefits. You will be exploring the basic features of accounting for different purposes. These include defined benefit plans, benefit obligations, plan assets, and the components of net periodic benefit cost. You can also checkout key skills for accounting jobs here.

Going further, you will learn about the accounting for changes in net pension assets or liability which are recognized in other comprehensive income. Similarly, you will continue to understand the employer’s accounting for employee retirement benefits like healthcare plans, multi-employer plans, and defined contribution plans. Then the instructor will make you learn the definitions of curtailment and settlement and the impact of these on the financial statements. Thus these and many other topics will help you understand all the fundamentals of accounting.

Revenue Recognition – IFRS 15 & ASC 606

• • • • • Raffaelson Academy via Udemy
        • 6,169+ already enrolled!
        • ★★★★ (687 Ratings)

This IFRS course is all about the newly introduced revenue standard-IFRS 15 and ASC 606 where the instructor will be shedding light on the practical application issues. Starting the course, you’ll develop a deeper insight into the new revenue standard which is known as “Revenue from contracts with customers”. The learning content of the IFRS course has been delivered in a fun and user-friendly way. And the instructor has used the animated video format to make this complex subject become more interesting and clear to the students. This course has been divided into 3 sections. In the first section, there are 5 lectures and in each lecture, you will get to understand one of the 5 steps in revenue recognition models.

You would find the second section to be very interesting as the instructor will be explaining accounting entries for types of revenue recognized over time. Similarly, in the last section, there will be practical questions and their solutions and treatment that concerns to wider accounting and finance audience. Therefore, completing the whole IFRS course will give you a better understanding of all the accounting aspects relevant to revenue recognition.

Conclusion:

If you wish to understand all the IFRS or IAS principles from the comfort of your home, then this list is what you need to take a look at. So, pick a IFRS course now, enroll in it, and never stop learning.