IFRS stands for International Financial Reporting Standard. The IFRS course is a training program that teaches International Financial Reporting Standards. IFRS are the accounting rules and principles to gather and present the financial information in a certain way. The course aims to provide the professionals with the necessary expertise in applying IFRS across various industries as per their specific requirements.
Introduction:
International Financial Reporting Standard (IFRS) is issued by the International Accounting Standard Board (IASB) and is turning into a benchmark in the accounting world. IFRS can be defined as a common set of rules that helps financial statements to be uniform, clear, and similar across the globe.
India, with the implementation of IND-AS and IFRS, has made it a claimant for every CA and finance professional to guarantee they have knowledge of IFRS. IFRS helps to foster transparency and trust in the global financial markets and the companies that list their share on them. Without International Reporting Standards, Investors could have less trust in the financial statements and the other reports presented by companies to them. Certainly, the IFRS course helps those who are looking to pursue a career in Accounting and Finance. The course gives a comprehensive overview of the skills needed for the professional journey in this field. If you are also looking to make your career in this field, Henry Harvin and Grant Thornton are the two most renowned institutes to pursue an IFRS course.
The details of both IFRS Training programs on various parameters are mentioned below in detail to enable the candidates to make an informed decision as to which one is better :
Henry Harvin- Background
Henry Harvin offers various learning programs in different streams, including Accounting and Finance. Besides that, Henry Harvin holds a very good reputation across the globe for its certifications. Henry Harvin is acknowledged by NSDC as an award-winning institute.
The IFRS Training Course at Henry Harvin is designed with the Curriculum of the Diploma in IFRS ACCA Course guidelines. The IFRS course by Henry Harvin helps the candidate to prepare for the IFRS exam conducted by ACCA (Association of Chartered Certified Accountants) for a global career in the field of finance. Additionally, the program covers the critical differences between IFRS, IGAAP, and IndAS. The institute provides various Degree Programs in IFRS
Grant Thornton- Background
Grant Thornton is a global network of independent accounting, tax, and advisory firms established in 1924. It provides advisory, tax, and audit & assurance services. The Institute also supports underprivileged families through health, education, and skill development programs. It serves small businesses and multinational corporations. The IFRS course is one of the key offerings of GT’s programs that helps professionals learn global accounting standards. GT, being an auditing and advisory firm, offers insight mainly in the field of auditing and taxation rather than accounting.
Comparative discussion on the key features of Henry Harvin VS Grant Thornton:
1. Recognition and Certifications of IFRS Course:
Henry Harvin: Henry Harvin is one of the largest Multinational Higher EdTech companies present globally.IFRS course certification from Henry Harvin has global recognition. Hence, it offers many more career opportunities as compared to any other institute.
Grant Thornton: IFRS Course from Grant Thornton also holds a prestige in the industry. However, it has not reached a level of global recognition as that of Henry Harvin’s IFRS Course.
2. Curriculum and the Course Structure:
Henry Harvin: Henry Harvin follows more of a practical approach in imparting knowledge to students. Its curriculum is enriched with case studies, assignments, mock interviews, and mini projects and covers basic as well as advanced IFRS concepts. This IFRS course is designed for both beginners and professionals.
Grant Thornton: GT’s IFRS course curriculum is also good however, it is based more on theoretical knowledge. Hence, it lacks the depth of practical application as compared to Henry Harvin’s program. Consequently, it potentially limits immersive learning experiences.
3. Faculty and Industry Expertise:
Henry Harvin: At Henry Harvin, the trainers are the hired IFRS professionals. Certainly, Henry Harvin aims to offer the best training experience by those with substantial industry experience in the field of accounting standards and financial reporting.
Grant Thornton: The faculty at Grant Thornton is also qualified. However, the approach is less practical in terms of exposure to real-world case studies and diverse applications compared to Henry Harvin.
4. Affordability and Value for Money:
Henry Harvin: Certainly, Henry Harvin offers competitive prices for its courses. Besides that, it offers flexible payment options. At the same time, Henry Harvin ensures accessibility for everyone with no compromise on quality.
Grant Thornton: It has a slightly higher course fee with fewer added benefits compared to Henry Harvin.
5. Post-Course Benefits and Career Assistance:
Henry Harvin: The Institute guarantees an internship with Henry Harvin and other topmost companies like Deloitte, JP Morgan, and KPMG, along with 100 % job placement support and alumni networking. It also offers continuous learning resources.
Grant Thornton: GT provides limited post-course support and fewer job opportunities. However, it offers query management after the completion of the course.
6. Training Methodology:
Henry Harvin: It uses a mix of techniques aligned with its unique pedagogy, which enables participants to derive focused-action-oriented learning out of the classes. It focuses on Live projects, Experiential learning, In-depth practical insight, recorded lectures, assignments, group activities, and brainstorming. It provides doubt-solving sessions of 25 hours, instructor-led 75-hour sessions, live master sessions, and 192 hours of self-paced learning. Also, one can pursue ACCA course online as well from Henry Harvin.
Grant Thornton: It relies more on traditional instructor-led lectures.GT offers resolution from- ask an expert. It also helps with 60 hours of live online classes and 15 hours of self-paced recorded lectures. However, due to the shorter duration of interactive hours and fewer supporting elements on the training part, it results in a less engaging experience for professionals as compared to Henry Harvin.
Conclusion:
Henry Harvin and Grant Thornton both offer IFRS courses, but from the above comparative study, we can conclude that Henry Harvin’s IFRS course is better in terms of post-course support, its faculty, training methodologies, career assistance, curriculum, affordability, and the certifications and accreditations. So, Henry Harvin would be a wiser choice for the professionals who are looking to pursue comprehensive IFRS training.
Recommended Reads:
- Guide To The Objectives of IFRS in 2025
- Top 10 IFRS Certification Courses in Lucknow with Salary: 2025
- Advantages of IFRS you will see in 2025
- Henry Harvin Vs EY Vs KPMG IFRS Course Reviews 2025
FAQs:
1. How can the IFRS course benefit me?
You can become an expert in Financial accounting and reporting by pursuing an IFRS course. Besides this, due to having global recognition, this course provides you with opportunities to work abroad.
2. Is IFRS a rewarding career for me?
Certainly, IFRS is a viable career option for those interested in Accounting and Finance. As the International accounting standards become more prevalent, the demand for IFRS professionals is getting much higher.
3. What job roles does this course help me with?
The course helps you get rewarding job opportunities. The career prospects include Financial Consultant, Auditor, Financial Analyst, and Accountant.
4. Is IFRS better than GAAP?
Both IFRS and GAAP are highly effective in their own way. However, IFRS is mainly into Financial reporting, focusing on accuracy and timeline, whereas GAAP has an investor-centric approach in different regions.
5. What is the significance of IFRS, and who can enroll in this course?
IFRS is developed to get uniformity, consistency, and transparency in the financial statements across the globe. The course is suitable for CA, CS, MBA in Finance, ICMA or other Finance Professionals.
