Diploma in International Financial Reporting (DipIFR)

Our Diploma in International Financial Reporting (DipIFR) is for finance professionals who need to acquire more detailed understanding of IFRS. DipIFR is a fast and efficient solution that will develop your current knowledge in this field. As well as how to apply the standards, you will learn the concepts and principles which underpin them. International Financial Reporting Standards (IFRS) are mandated in more than 100 countries worldwide.

ACCA’s Diploma In IFRS is a well-recognised qualification for participants who wish to learn about IFRS standards and its practical implication on financial statements of the companies globally. Our training program is based on syllabus of ACCA Diploma in IFRS.

Who is it for?

If you are a professional accountant or auditor who works in practice or business, and are qualified according to national accounting standards, then you are eligible to take this ACCA financial reporting qualification.

If you are working in practice, but not yet qualified, then you may still be eligible. You will need to prove that you have one of the following:

• Two years’ relevant accounting experience and a relevant degree (attracting at least ACCA qualification exemptions F1-F4)

• Two years‘ relevant accounting experience and an ACCA Certificate in International Financial Reporting

• Three years’ relevant accounting experience

• ACCA affiliate status

Post successful completion of this program, participants should be able to:

• Prepare financial reports: as per requirement under IFRS

• Understand the complex financial reporting standards like financial instruments, consolidation, share based payments, etc.

• Understand accounting and disclosure requirement for new standards: IFRS 15 – revenue from contracts with customer, IFRS 16 – Leases

• Prepare group financial statements with subsidiaries, associates & joint arrangements

On completion of this course, candidates should be able to:

• Understand and explain the structure of the international professional and conceptual framework of accounting

• Apply relevant international financial reporting standards to key elements of financial reports

• Identify and apply disclosure requirements for entities relating to the presentation of financial reports and notes

• Prepare group financial statements (excluding group cash flow statements) including subsidiaries, associates, and joint arrangements

Who should attend

• Chartered Accountants

• Management Accountants

• MBA finance

• Professionals working in Finance and Accounts

• CA students