What you'll learn:
- Learn the International Financial Reporting Standards (IFRS)
- Conceptual framework and how all accounting standards are aligned with the conceptual framework.
- You will learn the application of IFRS in real life where the tutor gives examples guidance based and judgement based application.
- Learn how to prepare the financial statements of a single entity.
- Learn how to prepare the set of consolidated financial statements for a group entity.
- Learn to perform complex calculations using the case studies and detailed question based scenarios using MS Excel
This is an advanced course on International Financial Reporting Standards (IFRS) and includes detailed explanation of IFRS standards along with practice exercises.
The Dip-IFR or "ACCA Diploma in international financial Reporting," is an international diploma certifying proficiency in IFRS, issued by the world's largest finance and accounting professionals organisation, the Association of Chartered Certified Accountants (ACCA).
If you are a professional accountant or auditor who works in practice or business, then you are eligible to take this ACCA financial reporting qualification.
WHO IS THIS COURSE FOR?
1. Working professionals responsible for preparing financial statements based on IFRS (International Financial Reporting Standards)
2. Students taking ACCA Dip-IFR Exam
3. Students taking ACCA Cert IFRS Exam
LEARNING OUTCOME
Participants are expected to develop knowledge and skills in understanding and applying International Financial Reporting Standards and the theoretical framework in the preparation of financial statements of entities, including consolidated financial statements.
WHAT IS INCLUDED
The course includes detailed lectures on financial reporting standards included in ACCA Dip IFR exam. Apart from lectures, the course also includes sufficient practice questions to demonstrate the application of IFRS. The course also includes excel files and working files, which students can download for analysis or further working purposes.
