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ACCA Cert-IFR – Certificate in International Financial Reporting

Build a practical understanding of IFRS and earn the ACCA Certificate in International Financial Reporting. Expert-led, exam-focused and designed for finance professionals seeking a solid grounding in international financial reporting standards.

WHAT YOU'LL LEARN

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IFRS framework & core standards

Understand and apply the IASB conceptual framework and key IFRS standards.

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Financial statement preparation

Prepare and present financial statements in compliance with IFRS requirements.

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Assets, liabilities & equity

Apply IFRS to assets, provisions, leases and financial instruments.

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Revenue, taxation & employee benefits

Apply IFRS 15, IAS 12 and IAS 19 to real-world financial reporting scenarios.

THIS COURSE INCLUDES

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Syllabus Topic Videos

Full HD lecture videos for every Cert-IFR topic

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Kit Question Videos

Worked solutions with exam technique guidance

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Chapter-by-Chapter Quizzes

Chapter-by-Chapter Quizzes Graded quizzes with automated feedback

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Exam-Focused Study Notes

Concise notes written for the Cert-IFR exam

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Tutor Support via WhatsApp

Direct access to your tutor throughout

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Final Mock Exam

Full exam-style mock with tutor feedback

ACCA Certificate in International Financial Reporting Standards (Cert IFRS)

The ACCA Certificate in International Financial Reporting Standards (Cert IFRS) is a globally recognized qualification that provides finance and accounting professionals with a practical and structured introduction to IFRS as issued by the International Accounting Standards Board (IASB).

The Cert IFRS is suitable for professionals at all career stages who need to understand, apply, or work with IFRS-based financial statements, including accountants, auditors, financial analysts, and finance managers operating in IFRS-reporting environments.

Certificate in IFRS Syllabus

The Cert IFRS syllabus is organized into four main areas. The first covers the nature and scope of international financial reporting, including the role of the IASB, the structure of the IFRS framework, and the qualitative characteristics of useful financial information as defined in the Conceptual Framework.

The second area addresses the recognition, measurement, presentation, and disclosure requirements of the principal IFRS standards, covering topics such as property plant and equipment, intangible assets, impairment, leases under IFRS 16, financial instruments under IFRS 9, revenue recognition under IFRS 15, and provisions. The third area examines the preparation of financial statements in accordance with IAS 1, including the statement of financial position, statement of comprehensive income, statement of changes in equity, and statement of cash flows.

The fourth area introduces the principles of consolidated financial statements, covering the concepts of control, subsidiaries, and basic group accounting under IFRS 10 and IFRS 3.

International Accounting Standards Board (IASB®): The structure and framework of the IFRS Foundation.

Presentation of Financial Statements: IFRS 18 (Presentation), IFRS 15 (Revenue), and IAS 8 (Policies, Estimates, and Errors).

Accounting for Assets and Liabilities: Non-current Assets:
IAS 16 (PPE),
IAS 40 (Investment Property),
IAS 23 (Borrowing Costs),
IFRS 5 (Non-current Assets Held for Sale). Impairment and Intangibles:
IAS 38 (Intangible Assets),
IAS 36 (Impairment of Assets).

Leases and Specialized Assets: IFRS 16 (Leases), IAS 41 (Agriculture), IAS 2 (Inventories).

Liabilities: IAS 37 (Provisions and Contingent Liabilities), Employee Benefits (IAS 19), and Tax (IAS 12).

Group Reporting and Financial Instruments:
Groups: IFRS 10 (Consolidated Financial Statements), IFRS 11 (Joint Arrangements), IFRS 3 (Business Combinations), IAS 28 (Investments in Associates).

Instruments: IAS 32 and IFRS 9 (Financial Instruments). Disclosure and Other Standards: IAS 7 (Cash Flows), IFRS 8 (Operating Segments), and IFRS 1 (First-time adoption).

Certificate in IFRS Exam Structure

The Cert IFRS examination is a two-hour computer-based exam available at authorized ACCA examination centers worldwide, with sittings available throughout the year. The exam consists of 75 objective test questions, each worth one mark, drawn from across all areas of the syllabus. Questions are designed to test knowledge, understanding, and application of IFRS standards in practical contexts.

There is no negative marking, and the pass mark is 65 percent. The computer-based format allows candidates to sit the examination at a time that suits their study schedule, making the Cert IFRS one of the most accessible IFRS qualifications available.

Format: 25 multiple-choice questions (MCQs).
Duration: 90–120 minutes.
Pass Mark: 50%.
Eligibility: No specific accounting experience is required, making it suitable for beginners

How to Pass the Certificate in IFRS Exam

Passing the Cert IFRS exam requires a clear understanding of the key principles and requirements of the major IFRS standards rather than detailed memorization of technical rules. Candidates should begin by familiarizing themselves with the conceptual framework and IAS 1, as these underpin the entire syllabus and provide context for individual standards.

Each standard should be studied with a focus on the core recognition and measurement principles, common disclosure requirements, and areas most frequently tested in objective questions. Practicing a large volume of past and specimen questions is the most effective preparation strategy, as it builds familiarity with question style and identifies gaps in knowledge before the examination.

Given the 65 percent pass mark, consistent and broad syllabus coverage is essential—candidates should avoid leaving any significant area unstudied. A structured study plan of six to eight weeks, combined with regular question practice and focused revision, provides a strong foundation for passing the ACCA Certificate in IFRS on the first attempt.

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Syed M. Ali

Your ACCA Certificate in IFRS Tutor

Syed Muhammad Ali has over twenty years of working experience. During the twenty years of his career, he has worked in the audit, banking, telecom, and oil and gas sectors in different countries.

Mr. Syed Ali has been teaching IFRS since 2007. He is a globally renowned tutor for IFRS and is the author of the best-selling IFRS online course. More than 40,000 accounting professionals have benefited from his IFRS course from around the globe. His IFRS course has over 6,000 five-star reviews.

His ACCA Dip-IFR students consistently achieve outstanding results in every exam session. His students have consistently achieved nationwide positions as well as global rankings in the ACCA Dip-IFR exam.

He is a corporate trainer who has provided training courses to over 200 corporate clients, including Fortune 500 companies. His accounting & finance courses are used by companies such as Amazon, Volkswagen, Disney, Nestlé, Reliance Group, Toyota Motors, Vodafone, and many others.

He has served as a consultant on various projects, which have received funding from the World Bank and the European Union.

Course Content

Course Pricing

ACCA Certificate in International Financial Report

$129 USD

  • Complete Course to Pass ACCA Cert-IFR

    • One Year Access From the Date of Enrollment
    • Complete Learning Pack With Tutor Support
    • Intensive Testing Including Mock Exam
    • Certificate of Completion
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