Diploma In International Financial Reporting Standards by ACCA Course

Why DipIFR?

1. IFRS are mandated in more than 140 countries worldwide.

2. All listed Companies along with associates & subsidiaries in the European Union (EU) comply with IFRS, which also affects associates and subsidiaries of EU-listed companies.

3. Countries such as Australia, Hong Kong and South Africa have already adopted IFRS or equivalents as their local Generally Accepted Accounting Principles (GAAP).

4. The convergence of Indian Accounting Standards (IndAS) with IFRS.

5. Many other countries around the world, are moving towards applying IFRS.

6. IFRS standards have become the de facto global language of financial reporting. Consequently, the number of finance and accounting professionals with qualification in IFRS is increasing globally.

7. This diploma in IFRS by ACCA is widely accepted around the world.

8. On completion of the Diploma, candidates should be able to:

• Understand and explain the structure of the framework of IFRS.
• 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 ventures.

DipIFR Qualification Suitability

This programme is designed for finance and accounting professionals who wish to become certified by ACCA, as listed below:

1. Chartered Accountants
2. Cost and Management Accountants
3. Company Secretaries
4. Finance Managers and Chief Accountants
5. Analysts and Consultants
6. Private Equity and M&A Professionals
7. MBA-Finance working in accounting domain
8. Semi Qualified CA, CS, CMA
9. Graduates/Post Graduates who are a part of finance or accounting teams

DipIFR Course Eligibility

1. Qualified Professionals (CA, CS, CMA).
2. Graduate with 2years of relevant accounting experience.
3. If not a Graduate,working professional with 3years of relevant accounting experience.
4. ACCA Affiliates.

About ACCA-DipIFR Certification Body

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of ability and ambition around the world who seek a rewarding career in accountancy, finance and management. ACCA supports its more than 233,000 members and 541,000 students in 179+ countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 110 offices and centres and more than 7,820 approved employers worldwide, who provide high standards of employee learning and development.
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