ACCA offers courses on international financial reporting; including Certificate in International Financial Reporting This financial reporting course offers a broad introduction to the field of International Financial Reporting and International Financial Reporting Standards (IFRS). It traces the history of the International Accounting Standards Board (IASB) from its early roots through to recent changes and updates and future developments.

Easily accessible and user-friendly that features key information and outlines. well defined and organized according to current demands. It examines and breaks specific standards topic-by-topic include real-life case studies, exercises, multiple-choice questions and sample answers for test your knowledge progress.

Certificate in IFRS

If you are National certified professional accountant or auditor, qualified in accordance national standards then this diploma is for you. No experience or formal qualifications in accounting and auditing is required to apply for this diploma.

Exam Format

One hour exam with multiple-choice questions.
The pass mark is 50%.

Exam Fee - £130
Tuition Fee - AED 2,500
Class Timings - Weekdays/Week Ends (As per the convenience of the student)
Exam Date - Any time during the year

Diploma in IFRS

Diploma offers for professional accountants or auditors in practice or qualified to national standards.

Trainees who are working in practice, but are not yet qualified, also eligible. They require following:br> • three years' relevant accounting experience (you and/or their previous employers should write a letter confirming this)
• a relevant degree plus two years' work experience
• an ACCA Certificate in International Financial Reporting plus two years' work experience.

Exam Format

Three hour written exam.
The pass mark is 50%.
Exam Fee - £217

Tuition Fee - AED 3,000
Class Timings - Weekdays/Week Ends (As per the convenience of the student)
Exam Date - Twice a year (June & December)

Course Contents

1. The nature and operations of the IASB
• Structure of the IFRSF/IASB
• Extant standards of the IASB
• The framework.
2. The status and use of IFRSs around the world
• The use of IFRS around the world
• The IASB roadmap
• The annual IASB bound volume and its use.
3. Presentation and profit
• IAS 1, Presentation of financial statements
• IFRS 15, Revenue from contracts with customers
• IAS 8, Accounting policies, changes in accounting estimates and errors.
4. Accounting for assets and liabilities - part 1
• IAS 16, Property, plant and equipment
• IAS 38, Intangible assets
• IAS 40, Investment Property
• IAS 36, Impairment of assets
• IAS 23, Borrowing costs
• IAS 20, Accounting for government grants and disclosure of government assistance
• IAS 2, Inventories
• IAS 17, Leases
• IFRS 5, Non-current assets held for sale and discontinued operations
5. Accounting for assets and liabilities - part 2
• IFRS 13, Fair Value Measurement
• IFRS 32, Financial instruments - presentation
• IFRS 9, Financial instruments
• IFRS 7, Financial instruments: disclosures IFRS 2, Share-based payment
• IAS 37, Provisions, contingent liabilities and contingent assets
• IAS 10, Events after the reporting period
• IAS 19, Employee benefits
• IAS 12, Income taxes
• IAS 41, Agriculture
• IFRS 6, Exploration for and evaluation of mineral resources.
6. Group accounting
• IFRS 10, Consolidated Financial Statements
• IAS 27 (revised 2011), Separate financial statements
• IFRS 3, Business Combinations
• IAS 28 (revised 2011), Investments in associates and joint ventures
• IFRS 11, Joint arrangements
• IFRS 12, Disclosure of interests in other entities
• IAS 21, The effects of changes in foreign exchange rates
• IAS 29, Financial reporting in hyperinflationary economies.
7. Disclosure standards
• IAS 7, Statement of cash flows
• IAS 24, Related party disclosures
• IAS 33, Earnings per share
• IAS 34, Interim financial reporting
• IFRS 4, Insurance contracts
• IFRS 1, First time adoption of IFRS
• IFRS 8, Operating segments.
8. Principal differences between UK/US GAAP and IFRS
9. Proposals for change

Be part of our amazing team!

Contact us today