The IFRS (International Financial Reporting Standards) Certificate program (40.5 CPE Credits) will distinguish you from other accounting and finance professionals and expand your career opportunities both in the U.S. and globally.

Since more than 125 countries require or permit the use of IFRS, taking this program will give you a distinct competitive advantage over your peers.

As of January 1, 2018, those who successfully complete all courses in the curriculum will receive a certificate of achievement, a digital badge, a subscription to the eIFRS online subscription service and 40+ hours of CPE credit.

Why is IFRS relevant in the US, and for you?

• U.S. multinationals are headquartered across the U.S., so you could easily find yourself with a client that has IFRS requirements, either for itself or a non-U.S. subsidiary.
• You might increasingly find yourself structuring deals and transactions with IFRS counterparties, including vendors and customers. Understanding the implications of structuring these transactions and reporting using IFRS will require you to have more than a passing knowledge of the differences between IFRS and U.S. GAAP.
• As both the FASB and IASB continue their standard-setting agendas, you’ll need to assess proposals and be concerned about divergence that could impact your financial reporting or audit responsibilities going forward.

Courses Included

• IFRS: Business Combinations (IFRS 3)
• IFRS: Separate and Consolidated Financial Statements (IFRS 10 & IAS 27)
• IFRS: Earnings Per Share (IAS 33)
• IFRS: Fair Value Measurement (IFRS 13)
• IFRS: Financial Statements, Interim Reporting, and Cash Flows (IAS 1, IAS 34, and IAS 7)
• IFRS: Financial System Considerations in IFRS
• IFRS: The Effects of Changes in Foreign Exchange Rates
• IFRS: Impairment of Non-Financial Assets (IAS 36)
• IFRS: Income Taxes (IAS 12)
• IFRS: Intangible Assets (IAS 38)
• IFRS: Inventories (IAS 2)
• IFRS: Investment Property (IAS 40)
• IFRS: Investments in Associates and Joint Arrangements (IAS 28 and IFRS 11)
• IFRS: Financial Instruments (IFRS 9, IAS 39, IAS 31, and IFRS 7)
• IFRS: Leases (IAS 17)
• IFRS: Liabilities, Provisions and Contingencies (IAS 37)
• IFRS 5: Non-current Assets Held for Sale and Discontinued Operations
• IFRS: Policies, Changes, Errors; Events After Reporting Date; Related Parties (IAS 8, 10, and 24)
• IFRS: Property, Plant & Equipment (IAS 16)
• IFRS: Revenue Recognition (IAS 18 and IAS 11)
• IFRS: Segment Reporting (IFRS 8)
• IFRS: Share-based Payments and Employee Benefits, non-pension (IFRS 2 and IAS 19)
• IFRS: Tax Considerations Beyond IAS 12
• IFRS Governance and Conceptual Framework
• IFRS: The Starting Point (IFRS 1)

Who Will Benefit?

• Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
• Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS

Learning Objectives

• Acquire a broad overview of key IFRS definitions and concepts.
• Obtain proficiency in complex IFRS areas including financial instruments and business combinations.
• Apply the fundamental principles of IFRS across a range of accounting topics.
• Understand the accounting impact of the latest standards and amendments issued by the IASB.

Key Topics

• Fair value measurement
• Intangible assets
• Financial instruments
• Leases
• Revenue recognition
• Governance and conceptual framework

Credit Info

• CPE CREDITS: Online: 40.5 (CPE credit info)
• NASBA FIELD OF STUDY: Accounting
• LEVEL: Basic
• PREREQUISITES:  Familiarity with financial reporting and accounting principles under IFRS
• ADVANCE PREPARATION: None
• DELIVERY METHOD: QAS Self-Study
• COURSE ACRONYM:  ICERT2IFRS1

To learn more about this program, please visit the IFRS Certificate Program FAQs.

Gain Immediate Access

This is a digital product that requires a stable and continuous internet. Upon purchase, you will gain immediate online access. Please review the Purchase Information and System Requirements tabs on this page for more information.

Earn Your Certificate and Digital Badge

After completing the program, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement.

You will receive your official score and certificate or retake information 5 business days after completing the program.

About the Publisher

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

How do I access my digital product?

After purchasing, you will gain immediate online access to your product by entering your account credentials established at time of purchase.

How do I receive my certificate and digital badge?

After passing the exam, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement.
You will receive your official score and certificate or retake information 5 business days after completing the exam.

System requirements

AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians.

A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam.

Supported Operating Systems:

• Macintosh OS X 10.10 to present
• Windows 7 to present

Supported Browsers:

• Apple Safari
• Google Chrome
• Microsoft Internet Explorer
• Mozilla Firefox

Required Browser Plug-ins:

• Adobe Flash
• Adobe Acrobat Reader

Technical Support: Please contact [email protected].