Diploma in IFRS

(ACCA) UK Diploma in IFRS

International Financial Reporting Standards (IFRS),  are issued  and developed by the International Accounting Standards Board (IASB). The IFRS being accounting language, are becoming mandatory for the  world. India is going to adopt IFRS very soon. This course aims to help you prepare for Diploma in IFRS-(ACCA) UK- examination.

Most of the countries have adopted IFRS. There is a need for professionals with qualification in IFRS. Those Countries who have not adopted IFRS, are in the process of adopting IFRS/Converging With IFRS.

The Association of Certified Chartered Accountants (ACCA)-UK provides diploma in IFRS. This Diploma in IFRS  is one such qualification which provides a detailed conceptual insight of IFRS. We provide training as per syllabus of   ACCA (UK) Diploma which  is widely recognized in India and  in the entire world.

Diploma in IFRS ( DipIFR) is useful for Chartered Accountants, Cost Accountants, MBA Finance, Semi-Chartered Accountants,Finance professionals, Research Analysists, and commerce graduate students  working or intended to work in environment requiring accounting and reporting using IFRS. Diploma in IFRS provides conceptual understanding  of IFRS and their application in real situation. After attending this programme ,the student would be able to understand the concepts,  principles and practical application of IFRS.

Objectives of Diploma in IFRS: (DipIFR course)
On completion of the IFRS course and after getting the Diploma in IFRS, the Candidate  should be able to:

  • Understand the IFRSs  concepts and principles and their applications.

  • Understand the accounting system as per IFRS including fair value concept.

  • Understand how to convert/migrate the native GAAP into IFRS.

  • Understand practical implications and use of IFRS for  relevant financial reporting.

  • Understand the IFRS  financials, IFRS  MIS and  key elements of financial reports.

  • understand and apply disclosure requirements for companies in financial reports and notes to accounts

  • Understand and Prepare Consolidated  Financial Statements including subsidiaries, associates ,joint ventures and special purpose entities.

  • Understand and Prepare Individual Financial statements and IFRS –MIS

  • Understand and Prepare Interim Financial report as per IFRS

Features of Our IFRS  Training

  • We teach IFRS as  per the syllabus prescribed by the ACCA-UK

  • The sessions will be held at weekends.

  • Classes will be held at Andheri and Mira Road-Mumbai.

  • The Teaching is conducted by experienced professionals..

  • Each session will cover the theoretical aspects of each topic as well as the practical application issues.

  • Mock examination and self assessments tests shall be conducted to help the students prepare well for examinations.