The Dip IFR / Cert.IFR 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. The qualifications also build on your technical and practical knowledge from any recognised country-specific accountancy qualifications or relevant work experience you may have.
Studying ACCA’s DipIFR/ Cert.IFR will enable you to:
- Understand and explain the structure of the international professional and conceptual framework of financial reporting
- Apply relevant financial reporting standards to key elements of financial reports
- Identify and apply disclosure requirements for entities relating to the presentation of financial statements and notes
- Prepare group financial statements (excluding group cashflow statements) including subsidiaries, associates and joint arrangement
Why VidyaBharathi?
- Pioneers in offering ACCA in India.
- Approved Learning Partner Gold.
- Authorised to offer the programs as approved learning partner
- Experienced and expert faculty ensure effective delivery of the program enabling the students to get the qualification at ease.
Who is it for?
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 the qualification. If you are working in practice, but not yet qualified, then you may still be eligible. You will need to prove that you have two years’ relevant accounting experience and hold a degree or CertIFR, or prove that you have three years’ relevant accounting experience. Proof of experience comes in the form of a letter submitted from your employer.
The Qualifications are assessed by a single written exam. This is held twice a year – in June and December at ACCA’s exam centres. ACCA have over 380 exam centres around the world. The pass mark is 50%. The exam last 3 hours 15 minutes and is made up of four 25-mark compulsory questions requiring both numerical and narrative answer