IFRS Course by ICWAI now online mode for just Rs. 5000/-

Suman Kumar Verma (Practicing CMA) (1300 Points)

25 April 2011  

The Ministry of Corporate Affairs (MCA) has given a Road Map for convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS). The new converged standards have been published and the convergence date is awaited. ICWAI feels the need to train its members in IFRSs. For this purpose ICWAI offers a 100 + hours e learning course on IFRS with a view to reach out to all members across India.

The objective of this course is to equip the Members and students of the Institute and others with the essential knowledge in the International Financial Reporting Standards. It is also intended to educate the members about the practical application of the IFRS standards

On successful completion of this course, the learner will acquire a basic understanding of the various IFRS/IAS standards.

An e-learning course completion certificate will be awarded to the participants after completion of the 100+ hours of the e learning course.


Course details > Course Structure
Online Learning Model

This E Learning course consists of 100+ hours that covers 30 standards.

Balance 7 standards are under preparation and shall be added in due course
The course contains rich visual elements and interactivities combined with audio that facilitates rich learning experience to all types of learners.

The course has been developed on the following pattern:

  1. Simplification of the various original clauses of standards as given by IASB
  2. Re-arranging and grouping them in a logical flow
  3. Value addition through examples and case studies
  4. Additional headings and sub-headings to suit the relevant content

Learners will be moved along the learning path with increasing intensity of learning:


This will enable the learner to:

  • Know about different standards
  • Understand the different standards in depth
  • Apply the standards in certain cases
Course details > Course Content
The e learning course covers the following Accounting Standards.
S. No. IFRS /IAS No. Topic
1. IFRS 1 First Time Adoption
2. IFRS 2 Share Based Payment
3. IFRS 3 Business Combinations
4 IFRS 5 Non current assets held for sale
5 IFRS 8 Operating Segments
6 IAS 1 Presentation of financial statements
7 IAS 2 Inventories
8 IAS 7 Statement of cash flows
9 IAS 8 Accounting policies
10 IAS 10 Events after reporting period
11 IAS 11 Construction contracts
12 IAS 16 PPE
13 IAS 17 Leases
14 IAS 18 Revenue Recognition
15 IAS 19 Employee Benefits
16 IAS 20 Government Grants
17 IAS 21 Effects of foreign exchange rates
18 IAS 23 Borrowing costs
19 IAS 24 Related Property disclosures
20 IAS 26 Accounting and reporting by retirement plans
21 IAS 27 Consolidated and separate financial statements
22 IAS 28 Investments in Associates
23 IAS 29 Financial reporting in Hyperinflationary economies
24 IAS 31 Interest in Joint Ventures
25 IAS 33 Earnings per share
26 IAS 34 Interim Financial reporting
27 IAS 36 Impairment of assets
28 IAS 38 Intangible assets
29 IAS 40 Investment Properties
30 IAS 41 Agriculture
Course details > Fee Structure
Rs.5000/- (Rupees five thousand only) payable at the time of Registration. Course fee once
paid is non-refundable under any circumstances.

The on-line access is valid for one year (365 days) from the date of registration of the course (or)
300 hours of eLearning access whichever ends earlier.

Course details > Course Delivery
  1. The learners will get access to the e-learning modules within one working day from the date of receipt of payment.
  2. The user id and pass word and details related to the on-line access will be sent by email to the members.

The on-line access is valid for one year (365 days) from the date of registration of the course (or)
300 hours of eLearning access whichever ends earlier.

Course details > Target Audience
  • Members of ICWAI
  • Students of ICWAI
  • Finance and Accounting Professionals interested in IFRS
  • MBA Students with Specialization in Finance

For more details visit to https://icwai.ifrseacademy.com