Diploma in International Financial Reporting
Diploma in International Financial Reporting - Financial Sciences

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CATEGORIESFinancial Sciences
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Course Level Advanced

About The Course

The Diploma in International Financial Reporting is an internationally recognized qualification in financial accounting using International Financial Reporting Standards (IFRS / IAS). It is accredited by the ACCA (Association of Certified Chartered Accountants) and is aimed at accounting and finance professionals who already have experience in accounting. On passing the final exam, the participant will be able to use the letters DipIFR after his/her name.

CourseObjectives

On completion of the Diploma trainees should be able to:

  • understand, explain and apply the IASB's Conceptual Framework for Financial Reporting
  • apply relevant financial reporting standards to key elements of financial reports
  • 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.

TargetAttendance

  • CFOs, Finance Directors and Strategic Planners
  • Accountants, Analysts, Auditors
  • Investment Bankers, Corporate Bankers
  • Private Equity and Merger & Acquisition specialists
  • Consultants practicing Chartered Accountants (CA), Cost and Management Accountants (CMA)
  • Graduate/Post graduate who are a part of finance/accounting team.

ALTANMYACertificate

Certificate of Completion is issued upon completing over 80% of the course.

CourseVendor

ACCA stands for the Association of Chartered Certified Accountants. They are the world's largest and fastest-growing global professional accountancy body with more than 219,000 qualified members and 527,000 students worldwide. ACCA are the world's most renowned accountancy body. They help to develop and shape the financial disciplines by encouraging professional to improve their standards in a way that best serves public interests. To that end, their qualifications follow education standards set by the International Federation of Accountants (IFAC) and there is a strong focus on professional values, ethics, and governance.

Scientific Content

Scientific Curriculum

  1. International Sources of Authority
    • The International Accounting Standards Board (IASB) and the regulatory framework
  2. Elements of Financial Statements
    • Revenue recognition
    • Property, plant and equipment
    • Impairment of assets
    • Leases
    • Intangible assets and goodwill
    • Inventories
    • Financial instruments
    • Provisions, contingent assets and liabilities
    • Employment and post-employment benefits
    • Tax in financial statements
    • The effects of changes in foreign currency exchange rates
    • Agriculture
    • Share-based payment
    • Exploration and evaluation expenditures
    • Fair value measurement
  3. Presentation of Financial Statements and Additional Disclosures
    • Presentation of the statement of financial position, the statement of profit or loss and other comprehensive income and the statement of changes in equity
    • Earnings per share
    • Events after the reporting period
    • Accounting policies, changes in accounting estimates and errors
    • Related party disclosures
    • Operating segments
    • Reporting requirements of small and medium-sized entities (SMEs)
  4. Preparation of External Financial Reports for Combined Entities, Associates and Joint Arrangements
    • Preparation of group consolidated external reports
    • Business combinations – intra-group adjustments
    • Business combinations – fair value adjustments
    • Business combinations – associates and joint arrangements
    • Complete disposal of shares in subsidiaries

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DR. DR. MUHAMMAD OUKAL

CHIEF EXECUTIVE OFFICER OF ALTANMYA - CONSULTING & DEVELOPMENT

CIA, DipIFR, CISA, CRISC, CRMA, CEH, CCSA, Syian CPA

Diploma in International Financial Reporting OVERVIEW

<p>The Diploma in International Financial Reporting (DipIFR) builds up your knowledge of IFRS by empowering you with essential concepts and principles alongside their practical applications.</p>