ACCA (Association of Chartered Certified Accountants) has a worldwide reputation for excellence and their rigorous qualifications are recognized and respected across the globe. If you join, you become part of a diverse body of more than 208,000 members and 503,000 students in 179 countries.
The Dip IFRS is designed to develop your knowledge of IFRS. It will give you an understanding of the ideas and principles that underpin them and how they can be applied in the international marketplace. Dip IFRS also builds on your technical and practical knowledge from any recognized country-specific accountancy qualifications or relevant work experience you may have.
Understand, explain and apply the IASB's Conceptual Framework for Financial Reporting
Apply relevant financial reporting standards to key elements of financial reports
Identify and apply disclosure requirements for companies in financial reports and notes
Understand the complex financial reporting standards like financial instruments, consolidation, share based payments, etc.
Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint arrangements.
Chartered Accountants , Management Accountants Finance Managers , Chief Accountants Other finance professionals ,
It is not necessary to have a detailed knowledge of the body of IFRS literature upon initiation of the program, but you should possess a familiarity with financial reporting and accounting principles under IFRS.
International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.
The IASB is an independent accounting standard-setting body, based in London. It consists of 15 members from multiple countries, including the United States. The IASB began operations in 2001 when it succeeded the International Accounting Standards Committee. It is funded by contributions from major accounting firms, private financial institutions and industrial companies, central and development banks, national funding regimes, and other international and professional organizations throughout the world. While the AICPA was a founding member of the International Accounting Standards Committee, the IASB's predecessor organization, it is not affiliated with the IASB. The IASB neither sponsors nor endorses the AICPA's IFRS resources website
