Diploma in International Financial Reporting Standard (IFRS) is one of the best suited value add course for Indian Chartered Accountant as it provides detailed understanding of IFRS which is accpeted globally. Diploma is issued by Association of Certified Chartered Accountant (ACCA) and is widely accepted in India.
Diploma in IFRS helps to:
Eligibility of the course:
The following person are eligible to apply for the Diploma:
1. Indian Chartered Accountant
2. A relevant degree with 2 years of work experience in accounting
3. Three years’ of relevant accounting experience (duly filled, signed and stamped ACCA experience form by the employer)
4. An ACCA certificate in International Financial Reporting, in addition to two- years’ of work experience
Syllabus:
The diploma programme addresses international financial reporting. It also covers first time application of international financial reporting standards. The following are key topic areas of the diploma:
1. International sources of authority
2. Elements of financial statements
3. Presentation of financial statements and additional disclosures
4. Preparation of external financial reports for combined entities, associates and joint arrangements
Course Structure:
Diploma in IFRS can be completed in 3-6 months.
There is only one three hour fifteen minute computer based exam that a candidate has to take up to qualify the Diploma. The passing marks are 50 percent. The Exam consist of four 25marks questions which are numerical and narrative.
Exam is held every June and December at ACCA’s exam centre.
Cost of the course:
The Cost of Diploma in IFRS can be broken down as below:
Totalling to £ 226 which is approx INR 23,000.
The above cost is excluding Tuition fees for Diploma course.
In short Diploma in IFRS is a cutting edge course which helps you stay updated with the global accounting and financial world.
