The pathway
How you actually get there, here
How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.
- 1
IFRS Specialist (Level 002)
2-3 years as an IFRS SpecialistSkills to master
- Independently handling routine IFRS applications, taking ownership of specific accounting areas, beginning to identify and propose solutions for issues, and effectively documenting your work.
You're ready to move on when
- You're consistently delivering accurate work with minimal supervision.
- You're starting to proactively identify potential IFRS issues.
- You've successfully managed the accounting for at least one complex IFRS area (e.g., a specific type of financial instrument or lease).
- You're comfortable explaining your accounting positions to your manager without constant hand-holding.
- 2
Audit Senior (Big Four / Mid-Tier Firm)
3-5 years in audit, with a focus on financial services clients and IFRS engagements.Skills to master
- Deep understanding of IFRS application in various client contexts, experience in challenging client accounting positions, strong documentation skills, and exposure to different industries within finance.
You're ready to move on when
- You've led audit sections for complex IFRS areas.
- You're comfortable with technical accounting research and drafting audit memos.
- You've successfully managed client relationships and audit timelines.
- You're looking to move from assurance to directly applying IFRS within an organisation.
- 3
Financial Reporting Analyst (with Technical Focus)
3-5 years in a financial reporting role, with increasing exposure to complex IFRS issues.Skills to master
- Preparing financial statements and disclosures, understanding the end-to-end reporting cycle, and taking on specific technical accounting projects or queries.
You're ready to move on when
- You're consistently the go-to person for the trickiest accounting questions in your team.
- You've taken the initiative to research and document complex IFRS treatments.
- You're keen to specialise purely in technical accounting rather than broader reporting tasks.
- You've demonstrated an ability to influence reporting outcomes based on technical guidance.