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 this ACCA financial reporting 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 one of the following:
- Two years’ relevant accounting experience and a relevant degree (attracting at least ACCA qualification exemptions F1-F4)
- Two years‘ relevant accounting experience and an ACCA Certificate in International Financial Reporting
- Three years’ relevant accounting experience
- ACCA affiliate status
Post successful completion of this program, participants should be able to:
- Prepare financial reports: as per requirement under IFRS
- Understand the complex financial reporting standards like financial instruments, consolidation, share based payments, etc.
- Understand accounting and disclosure requirement for new standards: IFRS 15 – revenue from contracts with customer, IFRS 16 – Leases
- Prepare group financial statements with subsidiaries, associates & joint arrangements
DIPLOMA IN IFRS COURSE OBJECTIVES
On completion of this course, candidates should be able to:
- Understand and explain the structure of the international professional and conceptual framework of accounting
- Apply relevant international financial reporting standards to key elements of financial reports
- Identify and apply disclosure requirements for entities relating to the presentation of financial reports and notes
- Prepare group financial statements (excluding group cash flow statements) including subsidiaries, associates, and joint arrangements
Who should attend
- Chartered Accountants
- Management Accountants
- MBA finance
- Professionals working in Finance and Accounts
- CA students
