ACCA Diploma in International Financial Reporting (DipIFR) Exam Preparation
The ACCA Diploma in International Financial Reporting is a respected qualification for accountants who work with IFRS.
About this course
The ACCA Diploma in International Financial Reporting is a respected qualification for accountants who work with IFRS. This intensive 15-day programme, of about 90 hours, covers the full DipIFR syllabus for the single exam, from the international sources of authority to the preparation of group financial statements.
Alongside clear teaching of each standard, you will build exam technique through scenario questions, discussion answers and timed practice. The course fee covers training and materials; the exam is booked separately and its fee is paid to the exam provider. Successful completion of the course earns an Alalamia certificate.
What you'll learn
- Explain the international sources of authority behind IFRS and the role of the Conceptual Framework
- Apply recognition and measurement rules to the elements of financial statements
- Account for assets, liabilities, revenue, leases, financial instruments and income taxes under IFRS
- Prepare and present financial statements with the required disclosures
- Prepare consolidated financial statements including subsidiaries, associates and joint arrangements
- Discuss and justify accounting treatments in written answers
- Manage time and structure answers effectively under exam conditions
Curriculum
- The DipIFR syllabus and exam format
- How IFRS standards are developed
- The Conceptual Framework
- First-time adoption of IFRS
- Presentation of financial statements
- Accounting policies, estimates and errors
- Events after the reporting period
- Operating segments and earnings per share
- Property, plant and equipment
- Investment property
- Intangible assets
- Impairment of assets
- Non-current assets held for sale
- Revenue from contracts with customers
- Inventories
- Government grants
- Borrowing costs
- Lessee accounting
- Lessor accounting
- Sale and leaseback
- Classification and measurement
- Impairment
- Derivatives and hedging overview
- Presentation and disclosure
- Provisions and contingencies
- Employee benefits
- Share-based payment
- Current and deferred tax
- Foreign currency transactions
- Translation of foreign operations
- Fair value measurement
- Related party disclosures
- Interim reporting overview
- Control and subsidiaries
- Goodwill and non-controlling interests
- Intra-group adjustments
- Associates and joint arrangements
- Changes in group structure
- Reading and planning scenario questions
- Writing discussion answers
- Timed practice questions
- Mock exam and feedback
Who it's for
Practising accountants and auditors who want to prepare thoroughly for the ACCA DipIFR exam.
Before you start
- Practical experience in accounting or financial reporting
- Check the current DipIFR entry requirements with the exam provider before enrolling
Prepares for
Part of these Alalamia diplomas
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