IFRS Salary Guide: India & International Benchmarks!

How much do IFRS experts earn in India? With the increasing demand for International Financial Reporting Standards (IFRS) professionals, you need to know what the IFRS salary and career options are in India. Of course it depends on the location, experience and industry standards.

ACCA grants a globally recognized IFRS certification, Diploma in IFRS. Henceforth, the IFRS is an integrated part of the ACCA qualification syllabus, specifically in strategic business reporting and financial reporting.

IFRS Salary Range in India

The IFRS salary in India ranges from INR 7L to 30L. It is diverse based on experience, job roles, city and employer type. If you are a financial professional, you can seek global roles with the diploma in IFRS course.

If you are a CA in India, you are trained in Ind AS, which is converging with IFRS. There are different levels of job profiles, and since you are joining, follow the table below to learn about the salary range in India.

Entry Level	Mid Level	Senior Level	Senior Consultant/ CFO
INR 3L - 6L	INR 7L - 15L	INR 15L	INR 20L - 29L

Bangalore-Specific Insight

If you have acquired an IFRS certification, as a professional you can expect a salary in Bangalore anywhere between INR 14.2 L - INR 17.7L annually. The accreditation of IFRC influences your job roles and responsibilities, along with the increasing salary.

IFRS Salary Range in International Markets

The salary ranges of IFRS-certified professionals in regions like Germany, Singapore, Canada, and the UAE have healthy growth. The increase is well aligned with certification and experience, therefore, now you know the benefits of a diploma in IFRS.

Additionally, educational qualifications matter, especially when we can find the IFRS principles aligned with the financial reporting. Senior professionals, such as IFRS Project leads or IFRS experts, are more likely to earn more than freshers. Below the table, you will find the range of salaries in different regions that an IFRS agent can get.

Region	Role Level	Salary Range
Germany	IFRS Specialist IFRS Analyst IFRS Expert	Avg - €77K Avg - €69K €79K - €91K
Singapore (monthly)	Entry to Senior	SGD3,500 - 10,000+
Canada (range)	Entry to Senior	CAD50K - 100K+
UAE (monthly)	Entry to senior	AED 8K - 25K+

Types of IFRS Certifications

When speaking about IFRS salary in India for freshers, you need to learn about the different types of IFRS certifications. When you learn about IFRS courses and syllabus, you understand what skills you learn.

These skills will give you more clarity in terms of expected IFRS salary. It will also guide you on how it increases based on your academic knowledge and experience.

Certification type	Best For	Provider	Recognition
IFRS Certificate	CPAs, global finance job roles	AICPA & CIMA	High (specifically in US, global)
ACCA DipFR	Working professionals	ACCA, UK	Global
ICAI Certificate	Indian CAs	ICAI	Moderate (mostly in India)
EY/ PwC/ KPMG training	Corporate Staff	Big 4 Firms	High (Internal)

Role and Career Progression

The IFRS-certified professional gets job opportunities in auditing, accounting, compliance and finance. Read below the different types of job titles that you can apply for and work effectively.

Job Position	Job Roles and Responsibilities
Financial Reporting Executive/ Specialist	Drafting and reviewing IFRS Working closely with controllers and auditors Getting involved in quarterly and annual disclosures
IFRS Analyst/ Junior Accountant	Preparing financial statements according to IFRS standards Assisting in reconciling local GAAP to IFRS Working in entry-level role for finance graduates or DipIFR
Finance Manager/ Reporting Manager	Overseeing compliance with global reporting frameworks Managing financial reporting teams Reporting to senior finance leadership
IFRS Consultant/ Advisor (in Big 4 firms)	Providing advisory to clients on IFRS implementation Leading transition projects Working on cross-border consolidation

Key Factors Influencing IFRS Salary

Learn about the key factors that influence the IFRS salary of a certified agent. From entry to managerial level of 4 to 8 years, the IFRS agent's salary increased with additional academic courses and professional certifications. Even in the CMA USA course, students need to understand IFRS concepts relatable to management performance, budgeting, and accounting.

Experience: The more years you work with IFRS, the higher your compensation goes as you work with cross-border companies.

Certification quality: If you are wondering on how to become IFRS after 12th, you have to get qualified for these certifications. With AICPA IFRS certificate and ACCA DipIFR are recognized worldwide thus, commanding higher salaries.

Employer type: Compared to smaller firms, you should apply and work for Big 4 firms like KPMG, Deloitte, EY and PwC. Additionally, the multinational companies (MNCs) also pay higher than other small firms.

Location: The salary is higher when you are working in major financial cities like Bangalore, Mumbai, Dubai and London. In these places, due to the cost of living, the salary is higher.

Industry sector: Some sectors require IFRS professionals for reporting and compliance needs. These sectors are consulting & audit, banking & financial services, tech & SaaS companies with international operations and oil & gas.

Are you ready to get an IFRS Salary?

If you are an IFRS professional, you are looking for a higher salary. You should boost your IFRS career by getting certified by ACCA DipIFR. Along with that, you should get IFRS-compliant reporting and gain hands-on experience.

With the certification, you can pair other competencies like audit, consolidation and financial modeling tools. So, are you ready to prepare for the IFRS certification course? Comment below if you want to learn more about how IFRS integrated with ACCA.

Read More

• Career Option & Salary After Diploma in IFRS
• What are the Advantages and Disadvantages of IFRS
• CA Course and Syllabus Details
• ACCA with BCom Benefits

FAQs

How much do IFRS freshers earn in India?

The salary range for an IFRS fresher in India varies from INR 3 to 15 LPA. Starting from the entry level to seniority, the range of earnings varies.

Which cities offer the best IFRS salaries in India?

Some of the best IFRS salaries are offered in some cities in India, such as Delhi NCR, Bengaluru, and Mumbai.

Does DipIFR increase your salary in India?

If you get DipIFR certification along with IFRS, as a fresher, you can start earning as high as INR 9 LPA.

Why are IFRS-certified professionals paid more?

If you are curious about why IFRS-certified agents are paid more, it is due to global reporting demands, supply scarcity and Ind-AS convergence.

How to increase your IFRS earning potential?

If you are planning to increase your earning potential as an IFRS agent, you have to choose the correct certification. You have to target high-demand sectors and cities. Additionally, you need to pursue recognized credentials that will enhance your resume.