If you want to add more to your Financial Accounting Career,
then you need an in-depth-knowledge of the IFRS
The understanding of the IFRS is not only for those
who plan to seat for the IFRS (ACCA Certificate or Diploma) exams,
it is for anyone who knows that knowledge is power and
plans to take advantage of that power.
IFRS is not only for people who work in multinational
companies but for anyone who understands the essence of value
even in the local business units.
The International Financial Reporting Standards are a set of
standards primarily based on some fundamental
principles of transparency, credibility, and consistency.
So that any organization or business unit that can
implement these standards has successfully
projected a credible outlook.
So if you have the knowledge of the IFRS, you will not only
know how to implement it for the benefit of your company,
but you will be able to tell which company is
credible enough to invest in and which is not.
This knowledge can be another tool in your hands for you to
begin to manage investment portfolios for clients-
in other words, you have become an investment manager.
And if you want, you can begin to offer advice to
clients on which company to invest in and which not-
in other words, you have become a consultant.
And for your own financial growth, you can determine
which business unit to invest in and which not.
PS: The world has gone beyond waiting for opportunities, nowadays, people create their own opportunities. You too can create your own opportunity by equipping yourself with the necessary knowledge
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