About the Course
The Certificate in IFRS course is designed around the syllabus of the Association of Chartered Certified Accountants (ACCA’s) “Diploma In IFRS” course. Its objective is to take participants through all the topics covered in the ACCA syllabus and help them prepare for the Diploma in IFRS examination conducted by the ACCA.
India has converged to IFRS and has issued its own IFRS equivalent accounting standards, referred to as Ind AS. We realise that it is critical for finance professionals to understand the accounting standards in the Ind-AS framework and the related practical application issues.
Accordingly, while covering different IFRS for preparing you to sit for ACCA’s Diploma In IFRS course, we will also provide ACCA course details and cover important differences between IFRS and corresponding IND-AS in every module.
Objective of ACCA’s Diploma In IFRS
On completion of the course, candidates should be able to:
- To know in depth about ACCA’s course coverage for Diploma in IFRS
- 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.
Who should take this Course?
- Chartered Accountants, Company Secretaries, ICMA, and other finance professionals
- Semi Qualified CA, CS, ICMA working in accounting domain
- Finance Managers, Financial Controllers, Accountants
- Private Equity and M&A professionals
- MBA finance working in accounting domain
About ACCA’s Diploma In IFRS
Diploma in IFRS by the ACCA (The Association of Chartered Certified Accountants) is one of the most respectable and accepted qualification in IFRS across the globe. The course is designed to develop your knowledge and understanding of International Financial Reporting Standards. You will also learn how to apply these standards, as well as the concepts and principles which underpin those, and their application.
Eligibility for registering with ACCA for Diploma in IFRS examination
The IFRS Certification Course can be attended by graduates with accounting background. However, to register for the ACCA’s Diploma In IFRS course, the eligibility criteria are as follow:
- 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 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
