Description

Course Name: Certificate in Global Accounting and IFRS Practices

Global Occupational Skill Standard – GOSS ID: GOSS/BAF/CGAIP/V1

Eligibility: Graduation or Equivalent.

Duration: Three Months.

Objective: The Certificate in Global Accounting and IFRS Practices course is designed to equip professionals with comprehensive knowledge of International Financial Reporting Standards (IFRS) and their application in global accounting practices. It enables learners to prepare, interpret, and analyze financial statements in compliance with IFRS, ensuring accuracy, transparency, and comparability across international boundaries.

Get ready to join the Journey to become a GSDCI Certified Professional  – International Certification and Assessment Body.

Steps to become a GSDCI Certified Professional:

Step 1: Select your certification you want to pursue.

Step 2: Click on get certified tab, new pop up window will open.

Step 3: Click on pay certification fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay certification fee, you will be redirected to payment gateway, pay fee by any available options like Card (Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of the online assessment, the soft copy of your certificate will be sent to your registered email ID within 5 days.

Assessment Modules:

Module 1: Introduction to IFRS and Global Accounting – Overview of IFRS and Its Importance, Differences Between IFRS and Local GAAP, Role and Responsibilities of a Global Accounting Executive, International Financial Reporting Standards Framework, Regulatory and Compliance Requirements, Ethical Standards in Accounting

Module 2: Financial Statements and Reporting – Preparation of IFRS-Compliant Financial Statements, Statement of Financial Position (Balance Sheet), Statement of Profit or Loss and Other Comprehensive Income, Statement of Cash Flows, Statement of Changes in Equity, Disclosure Requirements and Notes to Financial Statements

Module 3: Revenue Recognition and Measurement – IFRS 15 Revenue from Contracts with Customers, Revenue Recognition Principles and Criteria, Measurement of Revenue and Contract Assets, Accounting for Multiple-Element Arrangements, Practical Examples and Case Studies, Impact on Financial Statements

Module 4: Assets, Liabilities, and Equity – Accounting for Property, Plant, and Equipment (IAS 16), Investment Property (IAS 40), Intangible Assets (IAS 38) and Goodwill, Financial Instruments (IFRS 9) – Recognition and Measurement, Provisions, Contingent Liabilities, and Contingent Assets (IAS 37), Equity Transactions and Share-Based Payments

Module 5: Consolidation, Business Combinations, and Foreign Operations – IFRS 10 Consolidated Financial Statements, IFRS 3 Business Combinations and Goodwill Accounting, Accounting for Associates and Joint Ventures (IAS 28), Translation of Foreign Operations (IAS 21), Intercompany Eliminations and Consolidation Adjustments, Non-Controlling Interest Accounting

Module 6: Advanced Topics and Compliance – Leases Accounting (IFRS 16), Impairment of Assets (IAS 36) and Expected Credit Loss (IFRS 9), Financial Instruments and Hedge Accounting, Income Taxes (IAS 12) and Deferred Tax Accounting, Ethics, Governance, and Internal Controls in IFRS Reporting, IFRS Updates, Adoption Challenges, and Practical Implementation

GSDCI Online Assessment Detail:

• Duration- 60 minutes.
• Number of Questions- 30.
• Number of Questions from each module: 5.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 100, Passing Marks- 50%.
• There is no negative marking in any module.

Marking System:
S.No.	No. of Questions	Marks Each Question	Total Marks
1	10	5	50
2	5	4	20
3	5	3	15
4	5	2	10
5	5	1	5
	30		100
How Students will be Graded:
S.No.	Marks	Grade
1	91-100	O (Outstanding)
2	81-90	A+ (Excellent)
3	71-80	A (Very Good)
4	61-70	B (Good)
5	50-60	P (Pass)
6	0-49	F (Fail)

 

Benefits of Certification:

1. Global Recognition & Credibility – Stand out worldwide with a certification that strengthens your professional profile across borders and demonstrates your skills to employers and institutions.

2. Quality Assurance through ISO Certification – Programs follow an ISO-certified quality management system to promote consistency, reliability, and a standardized learning experience.

3. Career Advancement & Employability – Enhance your résumé, demonstrate professional competence, and improve your prospects for career growth, promotions, or suitable job opportunities.

4. Non-Profit Trust Factor – Certification from a non-profit organization reflects a mission-driven approach focused on skill development, professional learning, and public benefit.

5. Access to Learning Resources – Gain access to useful learning resources such as e-books, mock tests, assessments, and online academic support.

6. Transparency & Online Verification – Each certification includes a unique enrolment or certificate ID, enabling convenient online verification by employers and other interested parties.

7. Lifetime or Long-Term Validity – Certifications may offer lifetime or extended validity, reducing the need for frequent renewal, subject to the applicable certification scheme.