Diploma in IFRS in Kenya

The Diploma in IFRS in Kenya equips professionals with international financial reporting knowledge. The course structure is aligned with the ACCA curriculum. It also follows the IFRS standards to improve skills and prepare candidates for a competitive global marketplace.

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

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What is This Diploma in IFRS in Kenya All About?

The Diploma in IFRS in Kenya prepares professionals to acquire the DipIFR qualification that demonstrates their expertise in IFRS. Learners understand the international framework of accounting, financial statement preparation and financial reporting standards for business development.

 

Why is the Diploma in IFRS in Kenya important?

The Diploma in IFRS in Kenya explores the overview of the fundamentals of IFRS. Different methods for preparing consolidated financial statements are explained in this training. By taking this course, candidates can receive the DipIFRS qualification from the world's largest finance and accounting professional organisation, ACCA.

Why Do Companies Hire Professionals With a Diploma in IFRS in Kenya?

Organisations are demanding professionals with a Diploma in IFRS in Kenya. They are a vital resource because of their advanced skill. They know how to apply international financial reporting standards to important financial statement sections.

Industry Trends

Due to globalisation and technological advancements, the need for competent employees has increased. Especially in the finance industry, IFRS has become crucial to adapt to the shifting demands of this sector.

 

Market trends

The demand for IFRS professionals is expected to rise due to global accounting. The U.S. Bureau of Labor Statistics projected 8% growth in business and financial operations occupations from 2020 to 2030.

Salary Trends

The industry needs updated professionals and this has created many high-paying job opportunities. A finance controller in Kenya makes, on average, KSH 2419,347 per month. Professionals who have earned their Kenyan Diploma in IFRS are eligible for higher compensation.

Demand & Opportunities

Companies in Kenya are required to hold a Diploma in IFRS as a result of the adoption of IFRS in many countries. Hence, IFRS-certified professionals get lucrative jobs in Kenya.

Here are some of the popular jobs with a Diploma in IFRS in Kenya listed below:

  1. Financial Reporting Analysts
  2. Finance Managers
  3. Finance Specialists
  4. IFRS Consultants
  5. Financial Coordinators

Course Outcome

Successful completion of the training for a Diploma in IFRS in Kenya will help you in the following ways:

  • Gain insights into the professional and conceptual framework of global financial reporting
  • Explore the practical application of IFRS in real-world scenarios and understand its interpretation
  • Learn to apply international financial reporting standards to essential components of financial statements
  • Acquire the ability to apply both conceptual and technical financial reporting expertise within the framework of IFRS Standards
  • Explore methods for preparing group financial statements using the guidelines provided by 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

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 in Kenya, at Learners Point we help professionals get equipped with the necessary skill set for a successful career ahead.

Following are the USPs our Diploma in IFRS in Kenya offers you:

  • We look at real-world scenarios organisations face and formulate our Diploma in International Financial Reporting training course 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 DipIFR course also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organising group sessions, we also offer a guided learning experience to enhance the quality of our DipIFR training program
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

“The course is highly recommended for anyone who wishes to complete their Diploma in IFRS. There has been a significant improvement in my skills and knowledge. "

Maqbul Njagah

Audit and Compliance Officer (ACO)

"In my opinion, Learners Point is the best institution in Kenya to obtain an IFRS diploma. They have a well-designed and user-friendly course structure. I obtained my diploma and passed the IFRS exam.”

Patricia Msalame

Senior Financial Analyst (SFA)

"This course made my fundamentals clear and my knowledge has also expanded. I suggest everyone try this course for a Diploma in IFRS in Kenya."

Rashid Barack

Financial Controller

"I am grateful to Learners Point for offering this IFRS Diploma course. The teacher has guided me very well. I am extremely impressed with the training.”

Oliver Maina

Audit and Compliance Officer (ACO)

“The Diploma in IFRS program has improved my knowledge and confidence as an accountant. The Course is value for money.”

Lizz Okumu

Accountant

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

A Diploma in IFRS in Kenya lasts 3 to 6 months and is designed specifically to prepare accountants for the IFRS examination.
To apply for the Diploma in IFRS in Kenya, you must meet the following requirements:
1) You must be a professional accountant or auditor in practice or business
2) You should be a member of an IFAC
If you cannot meet the following requirements, then you can have one of the following:
1) 2 years of accounting work experience with a relevant degree, OR
2) 2 years of accounting work experience with an ACCA certification in IFR, OR
3) 3 years relevant accounting experience, OR
4) ACCA affiliate status
The course fee for a Diploma in IFRS in Kenya ranges between KES 1000 - 823900.
Learners Point in Kenya offers interactive, immersive, and comprehensive hands-on training programs for the Diploma in IFRS. Participants can select from our 3 modes of delivery: instructor-led classroom-based group coaching, high-quality live and interactive online sessions, and one-on-one training sessions.
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