ACCA Training Courses
Diploma in International Financial Reporting
Diploma in International Financial Reporting
APPLY NOWOverview
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. If you need to develop a working knowledge of the area, the DipIFR can help prepare you.
ACCA (Association of Chartered Certified Accountants) has a worldwide reputation for excellence and their rigorous qualifications are recognised and respected across the globe.
Course Objectives
The course is designed to develop your knowledge and understanding of International Financial Reporting Standards. You will also learn how to apply them, as well as the concepts and principles which underpin them.
On completion of the Diploma candidates should be able to:
- Understand, explain and apply the IASB's Conceptual Framework for Financial Reporting.
- Apply relevant financial reporting standards to key elements of financial reports.
- Identify and apply disclosure requirements for companies in financial reports and notes.
- Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint arrangements.
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 ANY ONE of the following:
- Two years' relevant accounting experience and a relevant degree like Bachelors in accounting (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
Course Subjects
- The nature and operations of the IASB
- The status and use of IFRSs around the worldB
- Presentation and profit
- Accounting for assets and liabilities – part 1
- Accounting for assets and liabilities – part 2
- Group accounting
- Disclosure standards
- Principal differences between UK/US GAAP and IFRS
- Proposals for change