The Dip.IFR provides essential international financial reporting knowledge and principles that will prepare candidates for the increasingly global market place and keep them abreast of international developments and how they might apply to companies and businesses.
The ACCA Diploma in IFRS has been developed by The Association of Chartered Certified Accountants (ACCA).
Diploma in International Financial Reporting (Dip.IFR) is for finance professionals who need to acquire more detailed understanding of IFRS. Dip.IFR is a fast and efficient solution that will develop the current knowledge of this field.
ACCA Diploma in IFRS (Dip.IFR) builds on the technical and/or practical knowledge acquired from recognized country specific accountancy qualifications or relevant work experience. The syllabus introduces the candidate to the wider international framework of accounting and the system of standard setting. This course concentrates on the application of conceptual and technical financial reporting knowledge that candidates have already obtained to the specific requirements of financial reporting under international financial reporting standards.
Over 113 countries require or permit the use of International Financial Reporting Standards (IFRS) for publicly-traded companies. All listed companies in the European Union (EU) have to prepare consolidated company accounts that comply with IFRS. It also affects associates and subsidiaries of EU-listed companies.
Other countries such as Australia, Hong Kong and South Africa have already adopted IFRS or equivalents as their local Generally Accepted Accounting Principles (GAAP). And many other countries around the world, including India, are moving towards applying IFRS, which is having a significant impact on financial reporting.
The Dip.IFR provides essential international financial reporting knowledge and principles that will prepare candidates for the increasingly global market place and keep them abreast of international developments and how they might apply to companies and businesses.
Career Opportunities:
After completing your Diploma you can easily get a job in one of the following industries or you can start your own advisory and consultancy company:
Audit Firms
Professional Advisory Companies
Banking Companies
Insurance Companies
Any other company adopting IFR standards
IFRS Exam:
The Diploma in International Financial Reporting (Dip.IFR) is assessed by a single three-hour written exam of 100 marks. You will have to achieve a 50 percent score or above to complete the paper. The exam is held twice a year - in June and December at ACCA's exam centers.
Duration & Eligibility:
The IFRS diploma course can be completed in six months.
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 IFRS diploma. If you have one of the following:
Three years' relevant accounting experience (by submitting a letter from your employer).
Three years' relevant accounting experience (by submitting a letter from your employer).
An ACCA Certificate in International Financial Reporting plus two years' work experience
Course Objectives:
The main objective of this Diploma is to learn how to apply the International Financial Reporting Standards and the concepts and principles that underpin these standards. On successful completion of this Diploma, candidates will be able to :
Understand and explain the structure of the framework of international accounting.
Apply relevant financial reporting standards to key elements of financial reports.
Identify and apply disclosure requirements for companies in financial reports and notes.
Identify and apply disclosure requirements for companies in financial reports and notes.
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If you are a finance professional who is not already knowledgeable about the details of International Financial Reporting Standards (IFRS), this qualification has a fast and efficient solution to meet your needs.
The course is designed to develop your knowledge and understanding of International Financial Reporting Standards.
Diploma of IFRS is the gold standard of international accounting. Every Multinational company requires their Final Accounts to be prepared using the International Financial Reporting Standards (IFRS). Diploma in IFRS by the ACCA Institute widely recognised by the corporate.
Diploma In IFRS(International Financial Reporting Standards) Course is Offered by Edunence.
An extensive Certificate Course on IFRS is being conducted by the Committee with sufficient classroom training to make the members competent in this era of IFRS. This Course is conducted at various locations throughout the country and abroad.
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