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IFRS Fee Structure of Different Organisation 

IFRS Fee Structure: International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent, not-for-profit organisation called the International Accounting Standards Board (IASB).

IFSR Provides global framework for should companies prepare and disclose their financial statements. All the general guidelines for preparation of financial statements are provided in IFRS.

IFRS provides international standards, having an international standard is very much important for the company. A single set of world wide standard will simply accounting procedure for a company to use one reporting language. Investors and auditors will also be provided with cohesive view of finance.

Currently more than 100 countries permit or require IFRS for companies, with more countries expected to transition to IFRS by 2015. IFRS is sometimes confused with IAS (International Accounting Standards), which are older standards that IFRS has replaced.

list of organisations offering the IFRS courses: WHAT WE WILL GET FROM IFRS

After successfully completion the certification a candidate proficient in these skills:

  • Understand and explain the structure of the framework of international accounting and Ind-AS
  • Apply relevant financial reporting standards to key elements of financial reports
  • Identify and apply disclosure requirements for companies in financial reports and notes
  • Prepare group financial statements (excluding group cash-flow statements), including subsidiaries, associates and JVs

IFRS is a standard is getting adapted in world wide this had created a potential for IFRS professionals. This is the reason companies are preferring those candidates who are having these certifications. This certification means those candidates are proficient in there skills in finance and accounting. This is needed to give you a proficient look in front of the world.

IFRS Fee Structure of Different Organisation : WHAT IS THE NEED OF IFRS:

  • IFRS for Decision Makers of Banking and Financial Institutions
  • financial reporting
  • international financial reporting standards
  • international accounting standards
  • ifrs for banks
  • accounting principles
  • financial accounting
  • financial statement
  • IFRS 9 Financial Instruments

IFRS Fee Structure of Different Organisation : Now we will head towards which organisation provides these IFRS courses.

  1. IFRS:  Our mission is to develop IFRS Standards that bring transparency, accountability and efficiency to financial markets around the world. Our work serves the public interest by fostering trust, growth and long-term financial stability in the global economy.
    • IFRS Standards bring transparency by enhancing the international comparability and quality of financial information, enabling investors and other market participants to make informed economic decisions.
    • IFRS Standards strengthen accountability by reducing the information gap between the providers of capital and the people to whom they have entrusted their money. Our Standards provide information that is needed to hold management to account. As a source of globally comparable information, IFRS Standards are also of vital importance to regulators around the world.
    • IFRS Standards contribute to economic efficiency by helping investors to identify opportunities and risks across the world, thus improving capital allocation. For businesses, the use of a single, trusted accounting language lowers the cost of capital and reduces international reporting costs.
  2. ICWAI Management Accounting Research Foundation Promoted by The Institute of Cost Accountants of IndiaICWAI Management Accounting Research Foundation was incorporated under Section 25 of the Companies Act, 1956 by the Registrar of Companies, West Bengal on 17th August, 2009. The Institute of Cost Accountants of India is the promoter of the company. The registered office of the company is 4th Floor, CMA Bhawan, 3, Institutional Area, Lodhi Road, New Delhi – 110003.
  3. Chartered Professional Accountants of Canada (CPA Canada) is the national organisation established to support a unified Canadian accounting profession.
  4. EY Building a better working world : At EY, we are committed to building a better working world — with increased trust and confidence in business, sustainable growth, development of talent in all its forms, and greater collaboration.We want to build a better working world through our own actions and by engaging with like-minded organisation s and individuals. This is our purpose — and why we exist as an organisation .Running through our organisation is a strong sense of obligation to serve a number of different stakeholders who count on us to deliver quality and excellence in everything we do.We want to use our global reach and scale to convene the conversation about the challenges facing economies and the capital markets.When business works better, the world works better. ETC

IFRS Fee Structure : Major Organisation fees Structure

IFRS Fee Structure by ICWAI 

Payment through DD: The total course fee is Rs. 5725/- as per break up given below.

For payment through DD: The fee for the e-learning course is Rs. 5000/- plus service tax of Rs. 700/-(@14.5%) + Rs.25 Swachh Bharat cess @ 0.5% Total Rs. 5725/- payable in favour of ICWAI Management Accounting Research Foundation, payable at New Delhi and sent to the following address:

Kind attn: CMA Yogender Pal Singh
Assistant Director,
ICWAI- Management Accounting Research Foundation.
CMA Bhawan, 3, Institutional Area
Lodhi Road, New Delhi- 110 003

For online payment: The total course fee is Rs. 5914/- as per break up given below.

IFRS Course Fees 5000
Service Tax @ 14% +Swachh Bharat cess @ 0.5% 725
Total 5725
Bank Commission for on-line Payment 189
Total (Rs.Five thousand Nine Hundred and fourteen rupees only) 5914
Important Note – Preparing for IFRS?
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The on-line access for e-learning course 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 fee once paid is non-refundable under any circumstances.

B) For On-Line Test (for award of certificate):

Fee details for taking up the Pro-metric Test through online is as below:

On-line Pro-metric Test Fees 1500
Service Tax @ 14% +Swachh Bharat cess @ 0.5% 218
Total 1718
Bank Commission for on-line Payment 57
Total (Rupees One Thousand Seven Hundred seventy five only) 1775

 

 

 

 

 

 

 

 

Fee detail through DD is as below:

Rs. 1500 +218 Service Tax @ 14% +Swachh Bharat cess @ 0.5% Total Rs. 1718 /- by way of a demand draft payable in favour of ICWAI Management Accounting Research Foundation, payable at Delhi and sent to the following address:

Kind attn: CMA Yogender Pal Singh
Assistant Director,
ICWAI- Management Accounting Research Foundation.
CMA Bhawan, 3, Institutional Area
Lodhi Road, New Delhi- 110 003

IFRS Fee Structure form KPMG

Course Fee

The programme fee (exclusive of service tax) is INR 32,608 which includes necessary study material but excludes the exam registration fees payable to the ACCA for the DipIFR exam.

IFRS Fee Structure from EY

Course fee

INR 30,000/- plus applicable taxes. Participants who wish to appear for Diploma in IFRS examination conducted by ACCA will be required to pay GBP 185 directly to ACCA.

Fee once paid is non-refundable. You can adjust the fee with our next batch subject to the availability of the seats.

All courses/programs are subject to a minimum number of participants. If a course/program has less than the required number of participants then EY FAAS learning solutions entitled to cancel any of the courses/programs at its absolute discretion, without liability. In such instances, the EY FAAS learning solution team can offer the participants with alternative options that are same level or standard.

Many more companies are providing IFRS we took the best companies who provide IFRS courses.

IFRS Fee Structure of Different Organisation 

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