More than 140 countries require or permit the use of International Financial Reporting Standards for their select class of companies. India has also mandated certain class of companies to follow Ind AS (converged with International Financial Reporting Standards) for financial reporting purpose.
The companies are currently focussing on recruiting the employees who have knowledge of Ind AS and other global financial reporting standards. Accordingly, the demand for professionals with knowledge in Global Financial Reporting Standards / Ind AS is increasing at rapid pace.
DipIFR is an international qualification in International Financial Reporting Standards accredited by the leading professional accounting organization – ACCA which is based in UK. DipIFR course is designed to develop working knowledge on International Financial Reporting Standards, providing an in-depth understanding of the concepts and principles and their practical application.
On completion of this program the participants will acquire:
DipIFR exam is assessed by a single three-hour Computer Based Exam (CBE), which is held twice a year in June and December at ACCA’s exam centres, including Pune and other centres in India. The pass mark is 50%.
The exam paper is divided 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||25|
|Section B: Three compulsory questions (25 marks each)||75|
* By submitting experience letter in a specified format. CA Articleship experience of 3 years may be considered relevant for work experience criteria.