Dip in IFRS – Diploma in International Financial Reporting Standards
International Financial Reporting Standards (IFRS) are mandated in more than 100 countries around the world. Every listed organization in the European Union (EU) need to plan solidified organization accounts that consent to IFRS. It also affects associates and subsidiaries of EU-listed companies.
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 course is intended to build up your insight and comprehension of International Financial Reporting Standards. You will likewise figure out how to apply them, just as the ideas and standards which support them.
Course Duration 4-6 Months
The IFRS Certification Course can be done by graduates with accounting background. However, to enroll for the Diploma in IFRS course, the qualification rules are:
1. In the event that you are 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 IFRS qualification.
2. In the event that you are working professional, but not yet qualified, then you may still be eligible. You will need to prove that you have one of the following:
• Three years’ relevant accounting experience (by submitting a letter from your employer)
a relevant degree plus two years work experience.
• An ACCA Certificate in International Financial Reporting plus two years’ work experience
1. INTERNATIONAL SOURCES OF AUTHORITY
2. FINANCIAL STATEMENTS
3. FINANCIAL STATEMENTS AND ADDITIONAL DISCLOSURES
4. EXTERNAL FINANCIAL REPORTS
There is one exam of 3 hour, 15 minute written exam.There will be just 4 question of 25 marks each. You will need to achieve a 50% or above to complete the paper. The exam is held twice a year - in June and December at ACCA's exam centres.
Exams are generally held on the first Friday of June and December.
There are 5 start times available to choose from
Zone 1 - 08:00
Zone 2 - 10:00
Zone 3 - 14:00
Zone 4 - 15:00
Zone 5 - 17:00
In order to take exams within specific session, you will need to fill registration form and all supporting documentation by a closing date. Please note that you will also have to make your exam entry online by this date with your application fully processed.