Diploma in IFRS

A diploma in IFRS helps finance professionals. It imparts the essential skills for accounting and reporting. These are under IFRS/Ind AS standards. This program assists individuals with a deep understanding of IFRS concepts and principles. This helps them further in understanding their practical application in the global business arena. The aim is to prepare professionals for roles within the IFRS environment.

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  • 55 Hours Training
  • Online / Classroom / Onsite
  • 20 Jul, 2024 / 27 Jul, 2024
  • Additional Program Dates
  • 100K+ Happy Students

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What is This Diploma in IFRS All About?

The Diploma in IFRS provides participants with the framework of international accounting. This course helps in understanding financial reporting standards. It assists organizations in preparing financial statements for their overall development. Apart from theoretical knowledge, it assists professionals in understanding the concepts of international accounting.

Why is a Diploma in IFRS Important?

The Diploma in IFRS improves your capacity to present financial statements. This helps in making the organization more compliant. This specialized course helps in the application of IFRS principles. This in return ensures that your financial reporting remains in line with international standards.

How Can a Diploma in IFRS Help You Get Hired by Top Companies?

The Diploma in IFRS provides crucial knowledge and principles in international financial reporting. It helps them to be industry-ready in the ever-expanding global market. It ensures that they stay updated about international developments. Apart from this, it also assists them in its practical applications.

Industry Trends

Among the dynamic domains are accounting and finance. Technology and globalization have increased the need for expertise. Companies are searching for knowledgeable people to survive in the highly competitive global market. The IFRS diploma helps people meet the changing needs of this industry.

Market trends

The widespread acceptance of IFRS by 75% of Organization for Economic Cooperation and Development (OECD) nations plays a vital role. It promotes economic acceptance, enabling investors and businesses to accept opportunities and risks globally. A Diploma in IFRS not only signifies expertise but also helps professionals understand financial reporting. 

Salary Trends

Attaining a Diploma in IFRS can significantly boost career advancement and earning potential. Companies highly value professionals with expertise in international accounting standards. This specialized diploma helps in overall understanding by offering a distinct competitive edge. 

These are some of the salaries earned by professionals in the MENA region. The list is as follows:

  • Dubai: AED 13000
  • Oman: OMR 19,854
  • Qatar: QAR 187,766

These figures showcase the lucrative opportunities and financial rewards that come after attaining the Diploma in IFRS. This makes it a valuable investment in one's career.

Demand & Opportunities

The Diploma in IFRS serves as a valuable investment for both personal and organizational success. This will position you as a crucial asset within your organization. This will directly contribute to the overall organizational development.

 

Some of the in-demand job roles after completion of the Diploma in IFRS are listed below:

  1. Chartered Accountants
  2. Financial Advisor
  3. Company Secretaries
  4. Finance Managers
  5. Chief Accountants

Course Outcome

Successful completion of the Diploma in IFRS will enable you to:

  • Acquire a comprehensive understanding of the international accounting framework
  • Develop the ability to apply relevant financial reporting standards 
  • Learn to identify and implement disclosure requirements for companies
  • Gain knowledge to prepare group financial statements
  • Master preparation of group financial statements using IFRS

Course Module

  • The International Accounting Standards Board (IASB) and the regulatory framework
  • Fundamental ethical and professional principles
  • 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)
  • Revenue recognition
  • Property, plant and equipment
  • Impairment of assets
  • Leases
  • Intangible assets and goodwill
  • Inventories
  • Financial instruments
  • Provisions, contingent assets and liabilities
  • Employee 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
  • 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

Program Dates

20 Jul
  • 09:00 AM
  • Sat
  • Classroom
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27 Jul
  • 11:00 AM
  • Sat
  • Online Live
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Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

 

Professional Qualifications

 

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Why Count on Learners Point?

Being the leading provider of the Diploma in IFRS, at Learners Point we help professionals master the necessary skill sets to complete the certification.

Following are the USPs our Diploma in IFRS offers you:

  •  We look at real-world scenarios organizations face and formulate our Diploma in IFRS evaluating practical requirements
  • Apart from theoretical knowledge, we also focus on practical case studies to give you a reality check and insight into what exactly will be asked of you while delivering in a demanding role
  • Our bespoke Diploma in IFRS also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organizing group sessions, we also offer a guided learning experience to enhance the quality of our certification program.
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional.

Learners Experience

"The Diploma in IFRS exceeded my expectations. The focus on real-world challenges and the emphasis on group sessions provided a holistic learning experience. I feel more than ready to tackle the complexities of financial reporting in any professional setting."

Vakif Sheikh

Chief Financial Officer

"I can confidently say that the Diploma in IFRS from Learners Point opened doors to diverse career opportunities. The comprehensive course content and expert guidance equipped me with the necessary skills to excel in the competitive tax industry."

Harmini Raq

Tax Consultant

"Learners Point's Diploma in IFRS offers a perfect blend of theory and application. The assignments based on actual work scenarios provided a practical edge. This program significantly elevated my understanding of international financial reporting standards."

Kabir Ali

Audit Manager

"The Diploma in IFRS not only enhanced my technical skills but also boosted my confidence in financial reporting. The hands-on experience and career guidance were invaluable. I now feel well-prepared for the global finance landscape."

Fiona Deol

Financial Reporting Manager

"Completing the Diploma in IFRS at Learners Point was a game-changer for my career. The practical insights and real-world case studies provided a solid foundation, making complex international accounting standards feel manageable. Highly recommend!"

Aman Shah

Senior Financial Analyst

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

FAQs on Diploma in IFRS

The eligibility requirements to attain a Diploma in IFRS are as follows: 1) 2 years of accounting experience with a related degree (exemptions for the Applied Knowledge and Corporate and Business Law (LW) exams for ACCA) 2) 2 years of pertinent accounting experience coupled with an ACCA Certificate in IFRS 3) 3 years of pertinent accounting experience 4) Attain ACCA affiliate status

The Diploma in IFRS exam is held in June and December twice a year at ACCA’s exam centres.

The total mark for the IFRS Diploma examination is 100 marks.

The accreditation body for a Diploma in the IFRS is the Association of Chartered Certified Accountants (ACCA).

The major differences between IPSAS & IFRS Certification are as follows: 1)IPSAS has established no-exchange transactions that encompass public-sector-specific standards. IPSAS 23 covers revenues arising from taxes, grants, fines, and levies. 2)IFRS has no such standards as it believes that such transactions are not required for private sector entities. 

The exam duration of the Diploma in IFRS is three hours.

The Diploma in IFRS comprises 4 questions. Each question is of 25 marks.

The total study hours of 150 hours are required to clear the Diploma in the IFRS exam. Expert guidance is also needed to understand concepts and clear the examination. 

Many MNCs are looking for professionals after completion of the Diploma in the IFRS. The companies are as follows: 1) PwC 2) Deloitte 3) KPMG 4) EY 5) Grant Thornton

The benefits of earning IFRS Certification are as follows: 1) Builds Professional Foundation 2) Helping hand in the better functioning of businesses 3) Globally recognized qualification standards 4) Better job opportunities

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