07 September 2016
Dear Experts, I am a recently qualified CA and am looking forward to do a certification course on IFRS, but my doubt is, there are different organizations providing certification course on IFRS and will there be any difference in value for the certificate provided by ICAI or EY and if at all yes, please let me know which is the best from following. 1. Course provided by ICAI 2. Course provided by ICWAI - MARF 3. Naukri E learning course 4. Vinod Gupta Sir Classes.
Also, how will be the opportunities for CA with this Course.
19 July 2024
Congratulations on becoming a qualified CA! Pursuing a certification course in IFRS can indeed add significant value to your professional profile. Let's address your questions regarding the different providers of IFRS certification courses and their value:
### Value of Certification from Different Providers:
1. **ICAI (Institute of Chartered Accountants of India):** - The ICAI is the regulatory body for Chartered Accountants in India and offers a certification course on IFRS. A certification from ICAI holds significant value in the Indian context and is widely recognized by employers and businesses in India.
2. **ICWAI - MARF (Institute of Cost Accountants of India - Management Accounting Research Foundation):** - ICWAI also offers a course on IFRS through its MARF division. While ICWAI focuses more on cost and management accounting, their IFRS certification is recognized within their professional network.
3. **Naukri E-learning Course:** - Naukri offers e-learning courses on various topics including IFRS. Certificates from online platforms like Naukri are beneficial for acquiring knowledge, but their recognition may vary based on industry acceptance.
4. **Vinod Gupta Sir Classes:** - Vinod Gupta Classes are popular for providing coaching and courses related to professional examinations like CA and CS in India. Their IFRS course might be tailored towards exam preparation and may not offer a standalone certification comparable to ICAI or ICWAI.
### Which Certification Course is Best?
- **ICAI's Certification Course:** Since you are already a member of ICAI as a CA, pursuing the IFRS certification course from ICAI would be advantageous. It aligns closely with your existing professional qualifications and is widely recognized in India.
- **ICWAI's MARF Course:** This course could also be a good option, especially if you are interested in furthering your knowledge in cost and management accounting aspects along with IFRS.
### Opportunities for CAs with IFRS Certification:
- **Career Advancement:** Having an IFRS certification enhances your knowledge and credibility in financial reporting standards, which is valued by multinational companies and large corporations.
- **Global Opportunities:** IFRS is increasingly adopted globally, and proficiency in it opens doors to international assignments and roles in multinational corporations.
- **Consulting and Advisory Roles:** Many firms seek professionals with IFRS expertise for advisory and consulting services, which can be lucrative career paths.
### Recommendation:
Given your CA qualification, I would recommend considering the IFRS certification course offered by ICAI as your first choice. It aligns closely with your existing professional background and is highly recognized within the Indian business community. However, if you are interested in exploring additional perspectives or specializing further, courses from ICWAI or online platforms can complement your learning.
Always consider factors such as course content, faculty expertise, industry recognition, and career alignment when making your decision. Good luck with your certification journey!
CAclubindia
