We understand that being in a place and a moment where a single decision can very well define the course of your career can be daunting. Nevertheless, such moments are inevitable in life. During times like this, you should look out for reliable sources of information.

Do you want to get ahead in life as an accountant or other similar professions? Are you wondering if you should take up a certification course in IFRS or a diploma in IFRS? If yes, then read on to get clarity.

When you are delving into IFRS, you are faced with a confusing situation – a certificate or a diploma? So, let us explore the differences.

Certification in IFRS

A certification in IFRS is like a low-risk low reward game. You do not need immense commitment and it is ideal to push forward as a side hustle, a hobby or to just wet your feet in new waters.

The eligibility of candidates is also not too stringent. Virtually any student over the age of 18, who has a basic knowledge of accounting and finances can opt for a certificate program in IFRS.

So, if you are just out of high school and want to dive into the world of accounting faster, then you can opt for certification in IFRS. Even working professionals, who do not have the time for a full-fledged diploma in IFRS but want to get ahead in their professional interest can take up a certification programme.

Diploma in IFRS

A diploma in IFRS is rather hardcore compared to a certification program. It requires a greater level of dedication and is best for those who are seeking a radical shift in their career or those who are starting their career in accounts and finance from scratch.

Coming to eligibility, the criteria is a bit more stringent in this case. Firstly, the candidate should have successfully complete graduation and have relevant working experience as a professional in the finance sector. Students should have a minimum work experience of 3 years in finance.

The added advantage of a diploma in IFRS is that it has a much greater value and recognition among recruiters in the finance sector.

Our Recommendation

Our sincere recommendation for people who are looking to be better off in the long run rather than aim for short term success would be to opt for a diploma in IFRS.

A diploma in IFRS is much more recruiter-friendly and can potentially open up international opportunities as well! Furthermore, the contents covered in a diploma are far superior when compared to the easier certification programs. Thus, you would get impeccable knowledge and also be industry relevant.

But if you are not very serious about it and just want a little something in your resume along with a minor jump in your career, then you may opt for certification in IFRS. Check out this IFRS diploma course by SOE Global. You receive 24/7 access to the highest quality educational resources after enrolment.