IFRS Eligibility Criteria Explained: Who Can Apply in 2025?

An IFRS course in Saudi Arabia can help you build a successful career, whether you’re preparing to become a global chartered accountant or you want to learn more about international accounting. Since IFRS offers a common language for financial reporting across nations and industries, it has enormous potential for the future in  Saudi Arabia and worldwide. As a result, businesses find it easier to raise capital, expand, and compete globally.

Additionally, many multinational corporations and accounting firms are seeking candidates with IFRS expertise, underscoring the growing demand for professionals with IFRS certification and knowledge. Experts believe this demand will increase, offering professionals who have earned the IFRS diploma additional options and opportunities for career growth. Leading companies like PwC, KPMG, Deloitte, E&Y, Grant Thornton, and BDO offer job opportunities to students.

If you have made up your mind to enroll in this course and want to learn more about its difficult but fascinating concepts, keep scrolling. In this blog, we will be discussing IFRS eligibility criteria in detail with all the essentials. 

Who Should Undertake an IFRS Course in Saudi Arabia?

IFRS Eligibility Criteria: Complete Overview 

The requirements for earning an IFRS diploma in Saudi Arabia are simple and inclusive. It is easy for qualified professionals to apply. Eligible candidates must be commerce graduates with at least two years of relevant work experience. Professionals who have worked in accounting roles for three years are also eligible to register. This adaptability makes it easier for a variety of applicants to apply for the ACCA diploma IFRS registration.

The eligibility requirements for the ACCA diploma in IFRS are not particularly stringent, but they do ensure that candidates possess a rudimentary understanding of accounting and financial reporting.

Here is detailed information on the IFRS eligibility criteria in Saudi Arabia: 

• The main goal of the IFRS course is to produce competent accountants. You can apply if you already have accounting training and credentials in any form, such as a professional qualification or degree.
• If you are a graduate in finance or finance-related fields but not yet a certified accountant, you can also apply for this. However, after you are qualified, it is advised that you have some professional accounting experience.
• The non-accounting professionals can also enroll in the IFRS diploma course if they have a lot of professional experience in financial reporting, even if they don’t have an accounting degree.
• The ACCA Diploma in IFRS eligibility requirements can be fully met through experience. This is due to the fact that candidates will, for instance, have two to three years of relevant professional experience in the practice of finance and accounting. This will provide you with the practical knowledge required to apply the IFRS principles in actual circumstances.
• ACCA is flexible, though, for those who lack sufficient work experience. They are eligible for the course if they work in a setting that involves accounting or financial reporting.

Top Skills Required to Become an IFRS Expert

You must learn specific skills during your IFRS training if you aspire to become an IFRS expert. The following lists some of the key skills needed for this career path.

• A complete understanding of financial reporting and accounting
• Keeping abreast of changes to reporting requirements
• A strong memory to retain all of the guidelines
• Staying updated with the latest industry updates
• Figuring out how to put the new changes into practice

Pursue the IFRS Course at Mirchawala 

Mirchawala offers a comprehensive online IFRS diploma course under Mustafa Mirchawala’s guidance. This course is specifically designed for professional accountants to get them ready for the worldwide IFRS exam. A diploma in IFRS ACCA is a globally recognized and highly esteemed program. On completion of this course, students excel in most of the IFRS-related subjects.  This course helps you understand:

• The composition of the international accounting framework
• Companies must disclose information in the form of financial reports and notes
• Creating financial statements that incorporate joint ventures, subsidiaries, and associates

Frequently Asked Questions (FAQs)

Q1. Is IFRS a good career?

Ans: The IFRS diploma course in Saudi Arabia provides multiple advanced. Over 120 nations have embraced IFRS standards and are actively recruiting specialists. You can quickly increase your chances of landing a job anywhere in the world with this accounting certification.

Q2. Who can take this IFRS course?

Ans: CA commerce graduates with two years of accounting experience and non-graduates with three years of accounting work experience are the professional candidates to take the IFRS course.

Q3. Which IFRS course is best?

Ans: Under the expert guidance of Sir Mustafa, Mirchawala is offering a completed end-to-end IFRS diploma course that will equip you with all the knowledge and skills required to thrive in the industry.