Diploma in IFRS (DipIFR)

The ACCA Diploma in International Financial Reporting (DipIFR) is an internationally recognized qualification designed for finance professionals seeking in-depth knowledge of IFRS. The exam assesses your ability to understand and apply IFRS in practical scenarios, helping you build expertise for global financial reporting standards.

This qualification is ideal for finance professionals who need to acquire a more detailed understanding of IFRS. It enhances your knowledge and skills, making you a valuable asset in any organization that operates in the global market.

The DipIFR is particularly beneficial for:

• Professional accountants and auditors, working in practice or business, who are qualified according to national accounting standards.
• Practitioners who wish to develop their knowledge of IFRS.
• Trainers who wish to teach IFRS.
• Finance professionals who are transitioning to a role with international financial reporting responsibilities.

To be eligible to take the DipIFR, you need to meet at least one of the following criteria:

• Be a professional accountant or auditor, qualified in your national accounting standards.
• Hold a relevant degree plus two years' work experience in accounting.
• Have three years' relevant accounting experience (you will need to submit a letter from your employer).
• Hold an ACCA Certificate in International Financial Reporting plus two years' work experience.

The course is designed to develop your knowledge and understanding of International Financial Reporting Standards. You will learn to:

• Understand and explain the IASB’s conceptual framework for financial reporting.
• Apply major IFRS standards in the preparation and presentation of financial statements.
• Identify and apply disclosure requirements for companies in financial reports and notes.
• Prepare group financial statements (excluding group cash-flow statements), including subsidiaries, associates, and joint arrangements.