Diploma in IFRS in Kuwait

The Diploma in IFRS course in Kuwait provides a solid understanding of the worldwide accounting framework and standard-setting system. Aligned with the ACCA curriculum, this course ensures a thorough learning experience. It offers expertise in international financial reporting. It equips individuals with the skills necessary to excel in Kuwait's dynamic and competitive global business environment.

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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 Course in Kuwait All About?

The Diploma in IFRS course is crafted to help professionals in Kuwait gain the esteemed DipIFR qualification. It showcases their expertise in International Financial Reporting Standards (IFRS). This training provides a thorough understanding of IFRS, offering practical insights for applying these standards to key financial statement components in their respective fields.

 

Why is A Diploma in IFRS Course in Kuwait Important?

The Diploma in IFRS course in Kuwait provides a thorough understanding of the essential principles of International Financial Reporting Standards (IFRS). Designed for professionals, it helps strengthen their grasp of this crucial financial framework. Participants learn the core components of IFRS and explore practical applications for creating consolidated financial statements.

Why Do Companies Hire Professionals with a Diploma in IFRS Course in Kuwait Certification?

Companies often seek skilled individuals who can navigate the complexities of IFRS, especially during transitions to new accounting frameworks. These specialists play a crucial role in applying international financial reporting standards to key sections of financial statements, making them vital resources for organizations in Kuwait.

Industry Trends

Navigating the dynamic realm of financial management and accounting in Kuwait can be rewarding for those staying updated with market changes. The Diploma in IFRS stands out as a valuable credential, bringing numerous benefits and opportunities.

Market trends

The job outlook for business and financial roles is promising, expecting an 8% growth from 2020 to 2030. This exceeds the average, creating around 750,800 new job opportunities. Having DipIFR credentials can enhance prospects in this expanding job market of Kuwait.

Salary Trends

Finance and accounting professionals are seizing unprecedented opportunities. Finance Managers, equipped with expertise, can earn substantial rewards, averaging between  KWD 10,000 to KWD 20,000 per year. This data, from glassdoor.com, highlights the lucrative potential for those leading the race in the field.

Demand & Opportunities

As more countries, including Kuwait, adopt IFRS, understanding it is crucial. The DipIFR certification is now essential, signalling proficiency and unlocking global finance opportunities. This certification is a clear indicator of your skills for roles in Kuwait's evolving financial landscape.

A few of the most-sought financial management jobs in the Kuwait region (as observed in popular Kuwait job portals) follow:

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

Course Outcome

Successful completion of the Diploma in IFRS course in Kuwait will help you to:

  • Gain insights into the global financial reporting framework
  • Apply IFRS practically in real-world scenarios
  • Learn to use IFRS for essential financial statement components
  • Apply both conceptual and technical skills within the IFRS framework
  • Explore IFRS guidelines for preparing group financial statements

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 course in Kuwait, 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 course in Kuwait offers you:

  • We look at real-world scenarios organizations face and formulate our Diploma in IFRS course in Kuwait 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 course 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 Diploma in IFRS course
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"As a budget analyst, the Diploma in IFRS at Learners Point Academy was instrumental in broadening my financial knowledge. The program's practical approach and relevant content have proven invaluable in my role."

Lina Mohammed

Budget Analyst

"The Diploma in IFRS provided by Learners Point Academy is a must for professionals in the finance field. The concise modules and case studies helped me grasp complex IFRS concepts efficiently. The program's impact on my day-to-day accounting tasks has been immediate and significant."

Majid Al-Farsi

Senior Accountant

"I enrolled in Learners Point Academy's Diploma in IFRS to enhance my audit skills, and it delivered beyond my expectations. The program's emphasis on practical applications in audit scenarios was exactly what I needed. I now approach my role with a deeper understanding of IFRS principles."

Hala Ahmed

Internal Auditor

"The Diploma in IFRS program at Learners Point Academy is a time-efficient yet thorough exploration of international financial reporting standards. The practical examples and real-world insights were immediately applicable to my work. Highly recommended for professionals seeking a quick and impactful IFRS education."

Faisal Al-Ghanim

Accounting Supervisor

"Learners Point Academy's Diploma in IFRS was a concise and practical learning journey. The course content was directly applicable to my role, and the instructors' expertise added immense value. I now feel more confident in navigating the intricacies of international financial reporting standards."

Sara Khalid

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 Diploma in IFRS (International Financial Reporting Standards) in Kuwait is beneficial as it enhances financial reporting knowledge. The course aligns with global standards and supports professionals in navigating complex accounting practices in the international business environment.
To be eligible for a Diploma in IFRS in Kuwait, candidates need either two years of relevant accounting experience and a related degree (eligible for ACCA exemptions in certain exams) or two years of relevant experience and an ACCA Certificate in International Financial Reporting.
If a participant does not choose to continue with the Diploma in IFRS in Kuwait, he or she is entitled to a full refund. However, the refund request will be accepted and processed if the request is received in writing within two days of registration. The reimbursement will be processed within four weeks from the date of withdrawal.
The salary after earning a Diploma in IFRS in Kuwait varies. Professionals can expect competitive compensation. With salaries typically ranging from KWD 10,000 to KWD 20,000 per year, depending on experience and the employing organisation.
Learners Point provides a dynamic Diploma in IFRS course in Kuwait, offering three flexible delivery options: instructor-led classroom coaching, personalized one-to-one training, and engaging live online sessions. Participants can select their preferred mode for an interactive, immersive, and hands-on learning experience.
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