DIPLOMA IFRS

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DIPLOMA IFRS

Certification by ACCA, the world's largest accounting body

About ACCA

ACCA is the largest and fastest-growing international accounting body, with over 345,000 students and members in 170 countries. ACCA's headquarters are in London and it has an extensive network of over 75 offices and other centres around the world.

About Diploma IFRS Program

An ideal diploma to assess competency in IFRS is the Diploma in International Financial Reporting (Dip IFR) which is set and accredited by ACCA. More and more countries around the world are moving to international standards of financial reporting. The European Union had required all listed companies to prepare their accounts in accordance with International Financial Reporting Standards by 2005. India has stated that all listed companies will have to comply with IFRS by 2011.

ACCA has recognized this trend and was the first organization to deliver a qualification which is dedicated to training employees in how to apply International Financial Reporting Standards, no matter where you are in the world. The qualification is intended as a conversion course for professional accountants already qualified or experienced in country specific financial reporting standards.

The Diploma programme addresses international financial reporting and first time application of international financial reporting standards. The course is designed to be flexible, so that the Diploma can be completed in three to six months. This will vary according to your individual capabilities and the time you have available to study.


Get Prepared from Global Experts

PIRON Education
has partnered with BPP Learning Media to bring quality training for DipIFR program offered by ACCA to individuals and corporate all across the world. BPP Learning Media is ACCA's platinum status approved publishing partner in the production and distribution of DipIFR study material.

Modern accountants are aware that the focus is shifting from national to international standards. The Diploma in International Financial Reporting (DipIFR) is designed to develop your knowledge of IFRS by providing an understanding of the concepts and principles which underpin them, and their application in the international marketplace.

In recognition of the quality of its DipIFR programme, PIRON Education has been certified with the highly prestigious Gold Approved Learning partner status by ACCA, world's largest accountancy institute.

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Objectives

On completion of the Diploma candidates should be able to:

  • Understand and explain the international regulatory framework of financial reporting
     
  • Discuss and apply specified International Accounting Standards and International Financial Reporting Standards to practical situations
     
  • Prepare financial statements in accordance with specified International Accounting Standards, International Financial Reporting Standards and International Financial Reporting Interpretations Committee (IFRIC) pronouncements
     
  • Prepare group financial statements including subsidiaries, associates and joint ventures.

 

 

 

 

IFRS Dipoma Syllabus

Syllabus Content

International sources of authority
  • The structure of the International Accounting Standards Board (IASB)
  • The standard setting process
  • The role of the International Financial Reporting Interpretations Committee
  • Progress towards international harmonization
  • The IASB “Framework for the Preparation and Presentation of Financial Statements”
  • The first time adoption of international financial reporting standards
Elements of financial statements
  • Property, plant and equipment Provisions and contingencies
  • Intangible assets Employment and post-employment benefits
  • Goodwill Current and deferred tax
  • Current assets including inventories Biological assets and agricultural produce
  • Construction contracts Share-based payment
  • Liabilities Exploration and evaluation expenditures
  • Financial instruments
Presentation and additional disclosures
  • Events after the balance sheet date
  • Earnings per share
  • Related party disclosures
  • Interim financial reporting
  • Effects of changes in foreign exchange rates
  • Operating segments
Preparation of external financial reports for single entities
  • Income statements and discontinued operations
  • Cash flow statements
  • Statement of changes in equity
Preparation of external financial reports for combined entities and joint ventures
  • Definitions of subsidiaries, investments in associates and joint ventures
  • Preparation of consolidated balance sheets and income statements
  • Equity accounting
  • Proportionate consolidation and joint ventures

IFRS Diploma Eligibility

Eligibility Requirements
Professional accountants and auditors, working in practice and industry, who are qualified in accordance with national accounting standards, are eligible to take the qualification. Official documentation is required.

Practitioners who may not yet be qualified, but who can verify the following, are also eligible:
1 A relevant degree plus two years’ work experience
2 Three years’ work experience
3 ACCA affiliate status 
4 ACCA Certificate in International Financial Reporting plus two years’ work experience
 

IFRS Study Material

IFRS 1 IFRS 2 IFRS 3 IFRS 4 IFRS 5 IFRS 6 IFRS 7 IFRS 8 IFRS 9 IAS 1 IAS 2 IAS 7 IAS 8 IAS 10 IAS 11 IAS 16 IAS 17 IAS 18 IAS 19
IAS 20 IAS 21 IAS 23 IAS 24 IAS 26 IAS 27 IAS 28 IAS 29 IAS 31 IAS 32 IAS 33 IAS 34 IAS 36 IAS 37 IAS 38 IAS 39 IAS 40 IAS 41  

 

 

 

Contact Us
 
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Thank you for the information Mr Balu.

         I went through the eligibility requirements and found out that i am not eligible for this course .There is another course offered by ACCA  called the Certificate Course in IFRS . Can u provide me the details abt this course .


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