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ACCA-IFRS

Navigate Global Finance with Expertise and Confidence!

Embark on a journey to master IFRS. Gain expertise and confidence to navigate the complexities of
global finance successfully. Enroll now!

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DIPLOMA ACCA-IFRS

Dear Asperent ,
IFRS, embraced by over 140 nations, is a global standard for financial reporting, mandated for most or all publicly traded companies. Australia, Hong Kong, and South Africa have already integrated IFRS into their local GAAP. The global trend toward IFRS adoption is reshaping financial reporting worldwide. In the EU, listed companies, associates, and subsidiaries must align with IFRS for consolidated accounts. This universal shift is transforming the landscape of accounting principles, emphasizing the need for harmonized financial reporting standards across diverse global markets

The Diploma in International Financial Reporting (DipIFR)

ACCA realizes the importance of international accounting and financial reporting standards in global business. We were the first international accountancy body to offer globally-available, online and open-learning qualifications on IFRS. ACCA was also the first professional body to examine IFRS as part of our professional qualification in 1996. The DipIFR is designed to develop your knowledge of IFRS. It will give you an understanding of the ideas and principles which underpin them and how they can be applied in the international marketplace. DipIFR also builds on your technical and practical knowledge from any recognized country-specific accountancy qualifications or relevant work experience you may have.


Who’s it for?

For professionals in accounting or auditing, eligibility for the qualification extends to those qualified under national accounting standards. Even if currently unqualified in practice, eligibility remains, contingent upon demonstrating two years of relevant accounting experience with a degree or CertIFR. Alternatively, three years of pertinent accounting experience is accepted. Validation of experience is established through an employer-submitted letter, ensuring a robust and inclusive qualification process for aspiring professionals in the field.

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What will I be able to do?

Framework Understanding

Understand ACCA’s DipIFR, explaining the international professional and conceptual framework of financial reporting.

Standards Application

Apply financial reporting standards to key elements of reports, ensuring relevance in financial assessments.

Disclosure Proficiency

Identify and apply disclosure requirements, enhancing clarity and precision in presenting financial statements and notes

Group Statements Preparation

Prepare comprehensive group financial statements, encompassing subsidiaries, associates, and joint arrangements, excluding group cashflow statements.

Syllabus

The diploma program addresses international financial reporting. It also covers first time application of international financial reporting standards.

subject
International sources of authority
Elements of financial statements
Presentation of financial statements and additional disclosures
Preparation of external financial reports for combined entities, associates and joint arrangements.