IFRS

Currently over 120 countries have converted their financial reporting systems to International Financial Reporting Standards (IFRS) and many governments are either advocating for or enforcing the transition. Lessons learned from several European and Asian countries indicate that the failure of IFRS conversion projects came not from the lack of understanding of IFRS principles but mainly from lack of a formal conversion project plan, understanding of the base enterprise architecture, and integration with other supporting systems.  This program is unique in that in addition to covering the principles and rules of IFRS, it provides training to organizational leaders, stakeholders, and supporting teams on how to plan, implement, monitor, and support the conversion process.

Maryland Global University’s School of Professional Development has developed a comprehensive curriculum leading to a “Master Certificate in IFRS Planning, Implementation, and Support” (MC-IFRS-PIS^TM) to help organizations and countries train their employees on the use and implementation of IFRS in different capacities in preparation for this conversion.