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Diploma In International Financial Reporting Standards (IFRS Course)

IFRS in India: India has decided to converge with IFRS, and has issued its own IFRS equivalent accounting standards, referred to as Ind-AS. It has, therefore, become critical for accounting, audit and finance professionals to understand the accounting standards in the Ind-AS framework and consequently the related practical application issues. If you an accounting, audit and finance professional and aim to develop a working knowledge of the area, the IFRS Certification Course (DipIFR) can help prepare you. This is a fast and efficient solution to apply the concepts and principles which underpin IFRS, and their application in India and the international marketplace

Global Scenerio:

  • IFRS are mandated in more than 100 countries worldwide.
  • All listed Companies along with associates & subsidiaries in the European Union (EU) comply with IFRS.
  • Countries such as Australia, Hong Kong and South Africa have already adopted IFRS or equivalents as their local Generally Accepted Accounting Principles (GAAP).
  • Many other countries around the world, are moving towards applying IFRS, which is having a significant impact on financial reporting.

IFRS Course – Purpose | Objective | Benefits

On completion of the Diploma in IFRS candidates should be able to:

1. Understand, explain and apply the IASB's Conceptual Framework for Financial Reporting

2. Apply relevant financial reporting standards to the financial reports

3. Identify and apply disclosure requirements for companies in financial reports and notes

4. Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint ventures.

International financial reporting standards (IFRS) course is designed around the syllabus of the Association of Chartered Certified Accountants (ACCA) - Diploma in IFRS. We will cover all the topics under the ACCA’s Diploma in IFRS syllabus and help candidates prepare for the examination conducted by the ACCA. Important differences between IFRS and corresponding IND-AS will also be covered in every module during the Diploma in IFRS training program.


Exam: The Diploma in International Financial Reporting (DipIFR) is assessed by a single 3-hour,15 minute written exam.
Minimum Pass %: You will need to achieve a 50 per cent mark or above to clear the paper.
Testing Window: The exam is held twice a year - in June and December





Section A

One 'groups' question


Section B

Three scenario questions (20 M each)





Test Centres:
New Delhi, Mumbai, Bangalore, Ahmedabad, Cochin, Chennai, Kolkata, Pune, Hyderabad, Indore and Jaipur.



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