International Financial Reporting Standards (IFRS) Coaching

Diploma in IFRS by the Association of Chartered Certified Accountants (ACCA) is one of the most recommended and respectable qualifications in International Financial Reporting Standards across the globe. The diploma course by ACCA is designed to develop knowledge and understanding of IFRS. A diploma in IFRS provides a detailed conceptual insight into IFRS. A diploma from ACCA (U.K.) is widely recognized in India and around the world.

Approximately 150 nations and reporting jurisdictions use IFRS for domestic listed companies, although approximately 90 countries have fully conformed with IFRS as promulgated by the IASB and include a statement acknowledging such conformity in audit reports.

IFRSs apply to the general purpose financial statements and other financial reporting by profit-oriented entities – those engaged in commercial, industrial, financial, and similar activities, regardless of their legal form.

IFRS applies to the individual company and consolidated financial statements. The goal of IFRS is to provide a global framework for how public companies prepare and disclose their financial statements. IFRS provides general guidance for the preparation of financial statements, rather than setting rules for industry-specific reporting.

A diploma in International Financial Reporting (DipIFR) is ideal for finance professionals who need to acquire a more detailed understanding of International Financial Reporting Standards (IFRS).

The training program is based on the syllabus of the Association of Chartered Certified Accountants (ACCA) Diploma in IFRS, which is a well-recognized and regarded qualification globally.

After successful completion of the IFRS training program, participants should be able to:

• Prepare financial reports: as per requirements under  IFRS

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

• Understand the accounting and disclosure requirement for new standards: IFRS 15 - Revenue from Contracts with Customers and IFRS 16 - Leases

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

Who should attend 

• Qualified Chartered Accountants

• CA students

• Management accountants

• MBA (finance)

• Professionals working in finance and accounts

• Graduates