Diploma in IFRS by ACCA


Why ACCA DipIFR?


IFRS are rapidly increasing in importance globally. More than 114 countries require or permit the use of IFRS for listed companies. The companies cannot ignore the need for their staff to understand IFRS and its implications for their financial reporting and the whole business.

Further, on 16 February 2015, the Ministry of Corporate Affairs (MCA) issued a notification announcing a revised roadmap for implementation of Ind AS converged with IFRS. Ind AS are required to be adopted in a phased manner for the financial year beginning on or after 1 April 2016 with comparatives for the year ending 31 March 2016 for certain class of companies.

The commitment to adoption of Ind AS is a welcome step as it has several benefits such as reduced cost of capital, better access to global capital markets, more cross border transactions, better comparability and transparency of business performance and activities etc. Consequently, demand for professionals with IFRS skills will increase at an accelerating rate.

DipIFR is an international qualification in IFRS developed by the leading professional accounting organization, ACCA. DipIFR course is designed to develop working knowledge on IFRS, providing an in-depth understanding of the concepts and principles of IFRS and their practical application. DipIFR qualification raises your professional knowledge of IFRS to the next level and gives you competitive edge in the international marketplace.

On completion of this program the participants will acquire:

  • In-depth understanding of key IFRS principles and rules
  • Skills necessary for preparing financial statements under IFRS
  • Experience in developing professional judgment on practical application of IFRS
  • Understanding of key differences between Indian GAAP, IFRS and Ind AS

Weekend batch starting from

01 December 2018


Venue

Hotel Raviraj
Bhandarkar Institute Road,
Deccan Gymkhana, Opposite HDFC Bank,
Pune 411004.

The venue is subject to change due to unavoidable/unforeseen circumstances.


Program details


  • The program covers seventy hours (70 hours) of interactive classroom training and twenty five (25 hours) video lectures on the subject
  • The sessions will be held on Weekends
  • Each session will cover theoretical aspects of each standard including practical application
  • Mock exam and interim tests shall be conducted to help students prepare well for the exam

Feedback from previous batch



Program fee and schedule


The program fee is INR 25,000/- plus applicable taxes. The fee is non-refundable and/or non-adjustable

Special discounted fee for the CA students* - INR 20,000 plus applicable taxes.

(*CA student is a person who has appeared for the CA final / CA IPCC examination conducted by ICAI in May 2018 or is appearing in November 2018 and who is not in any kind of employment. Students will not be eligible for the group / early bird discounts as mentioned below).

Fees are non-adjustable/non- refundable
Early bird and group discounts:
  • INR 1,000 discount per participant will be offered for group of 3 or more participants.
  • INR 1,000 discount per participant will be offered if the registration is completed and fees are paid before 10th November 2018.
  • Both discount schemes can be combined if 3 or more participants register and pay fees before 10th November 2018

The fee for the training program covers:

  • 70 hours of interactive classroom training
  • 25 hours of video lectures on pen drive
  • Study material (text book, question bank and training slides)
  • Interim tests
  • Mock exam

The program fee excludes the exam registration fees payable to the ACCA for the DipIFR exam


  • CFOs/ Finance Directors
  • Practicing CA, CS & CMA
  • Finance Controllers
  • Accountants and Analysts
  • Investment bankers
  • Professionals working in Mergers and Acquisitions Department
  • Professionals involved in auditing, reporting, accounting and finance domain
  • If you are a professional accountant or auditor engaged in practice or business, and are qualified according to national accounting standards, then you are eligible to take this ACCA financial reporting qualification

  • If you are a working professional, but not yet qualified, then you may still be eligible. You will need to prove that you have one of the following:
    • Three years' relevant accounting experience (by submitting a letter from your employer)
    • A relevant degree plus two years' work experience*
    • An ACCA certificate in International Financial Reporting plus two years' work experience
* Relevant articleship experience of 3 years may be considered for this criteria.

DipIFR will be assessed by a single three-hour written exam, which is held twice a year in June and December at the ACCA’s exam centres, including Pune and other centres in India. The pass mark is 50%.

The exam is a three hour paper in two sections. It contains a mix of computational and discursive elements. Some questions adopt a scenario/case study approach. Section A includes a mainly computational question and Section B contains a mix of computational and discursive questions.

Section No. of marks
Section A: One group accounting question 40
Section B: Three compulsory questions (20 marks each) 60
Total 100