Diploma In IFRS - IAAP UK

Overview

An IAAP qualification for finance professionals, if you are a finance professional who is not already knowledgeable about the details of International Financial Reporting Standards (IFRS), this qualification has a fast and efficient solution to meet your needs. If you need to develop a working knowledge of the area, the Diploma in IFRS can help prepare you. International Financial Reporting Standards (IFRS) are mandated in more than 100 countries worldwide. All listed companies in the European Union (EU) have to prepare consolidated company accounts that comply with IFRS. It also affects associates and subsidiaries of EU-listed companies. Other countries such as Australia, Hong Kong and South Africa have already adopted IFRS or equivalents as their local Generally Accepted Accounting Principles (GAAP). And many other countries around the world, including India, are moving towards applying IFRS, which is having a significant impact on financial reporting.

Course Objectives

• The course is designed to develop your knowledge and understanding of International Financial Reporting Standards. You will also learn how to apply them, as well as the concepts and principles which underpin them.
• On completion of the Diploma candidates should be able to:
1. Understand, Explain and Apply the IASB’s Conceptual Framework for Financial Reporting.
2. Apply relevant financial reporting standards to key elements of financial reports.
3. Identify and apply disclosure requirements for companies in financial reports and notes.
4. Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint arrangements.

WHO IS IT FOR?

The online course includes all the study materials and learning resources you will need. You can apply Diploma in IFRS at any time. Students need to make payment and provide necessary documents in order to get access to the online course and assessments. Typically, a student should take 30 hours to work through the course. The certificate is assessed by a one-hour online exam with 40 multiple choice questions. Students will have to score 70% in order to pass the examination. Students can know their results after completion of the examination and the certificate will be issued by IAAP.

Accounting and Finance Professionals, Chief Accountants and Finance Managers, MBAs or MComs majored in Finance and working in the accounting domain, Semi-qualified Professionals working in the accounting and finance domain, Graduates and students who are pursuing Graduation can do this course.

HOW IT WORKS?

The online course includes all the study materials and learning resources you will need. You can apply Certificate in IFRS at any time. Students need to make payment and provide necessary documents in order to get access to the online course and assessments. Typically, a student should take 30 hours to work through the course. The certificate is assessed by a one-hour online exam with 40 multiple choice questions. Students will have to score 50% in order to pass the examination. Students can know their results after completion of the examination and the certificate will be issued by IAAP.

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