IFRS (International Financial Reporting Standards)
In 2001, the International Accounting Standards Board (IASB) replaced the IASC with a remit to bring about convergence between national accounting standards through the development of global accounting standards. During its first meeting, the new board adopted existing IAS and Standing Interpretations Committee standards (SICs).
The IASB has continued to develop standards, calling the new standards "International Financial Reporting Standards" (IFRS) In 2002, the European Union (EU) agreed that, from January 1, 2005, International Financial Reporting Standards would apply to the consolidated accounts of EU-listed companies, bringing about the introduction of IFRS to many large entities.
About IFRS Diploma By ACCA (ACCA Dip-IFR)
ACCA Dip-IFR is a diploma qualification by ACCA. It has one exam. The exam is held twice a year, in the first week of June and December. The three-hour comprehensive exam consists of four questions with 25 marks each. The exam is conducted by ACCA, and results are announced in six weeks.
Upon passing the exam (pass marks are 50%), candidates are awarded a diploma by ACCA UK, which is recognised in over 140 countries in the world.
This diploma is considered very valuable by employers globally, and it enhances not only your knowledge but also strengthens your CV and gives a boost to your career in accounting.
Who Should Apply For This Course?
This qualification is very suitable for those accounting professionals who want to get a globally recognised diploma in IFRS but do not want to take all
thirteen ACCA exams.
Learning Outcome
Upon completion, participants develop knowledge and skills in understanding and applying International Financial Reporting Standards (IFRS) the conceptual
framework in the preparation of the financial statements of entities, including consolidated financial statements.
Course options
1. Pre Recorded Course - Our pre recorded course is complete in all respects covering entire syllabus with extensive exam question videos. It is suitable for those who have some background in IFRS, have studied IFRS before or want flexibility in terms of schedule and speed
Note: In both options, participants get connected with the tutor on WhatsApp group to ask any querries they might have.
