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ACCA certificate in International financial reporting

ACCA certificate in International financial reporting

ACCA certificate in International financial reporting: The online course includes all the study materials you will need, although students will benefit from having a copy of the International Accounting Standards Board’s (IASB) International Accounting Standards book, which you can order from the IASB website in the Related links list on the left-hand side of the page.

If you are already applying International Financial Reporting Standards (IFRS) at work and want formal recognition of your skills, you can apply to only take the online CertIFR assessment. If you do not need certification, but want extra knowledge in the field, you can choose the course only.

You can apply online at any time. When you have paid by credit card, you will get access to the online course and assessments for six months. Typically, a student should take 20 hours to work through the course.

ACCA certificate in International financial reporting

Studying for another qualification as an ACCA member, can count towards your continuing professional development (CPD). The certificate is assessed by a one-hour exam with multiple-choice questions.

The pass mark is 50%.

The fees cover two attempts to re-sit the assessment if you fail but must be taken within six months of accessing the online course. If you do not pass after three attempts, you will need to pay another registration fee to attempt the assessment again, giving you a further three attempts to pass.

You can apply to do the Certificate in International Financial Reporting online at any time by clicking on the register now link in the related links list on the left-hand side of the page.

The course materials and assessment for the Certificate in IFRS are available together for £235 or separately at a cost of £130 each.

ACCA certificate in International financial reporting: DISCOUNTS

ACCA members receive a discount for the Certificate. The course materials and assessment are available together for £180 or separately at a cost of £95 each. The discount is applied automatically when members register online with a valid credit or debit card and enter their ACCA membership number.

Employers or tuition providers who wish to offer CertIFR to multiple users may qualify for contract pricing which makes CertIFR particularly cost effective. The best rates are reserved for Approved Employers and Approved Learning Partners. These rates are not automatically applied. To make an order or enquire about discount pricing please email ppqadmin@accaglobal.com.

ACCA certificate in International financial reporting: About ACCA

Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA or FCCA). From June 2016, ACCA recorded that it has 188,000 members and 480,000 students in 178 countries. ACCA’s headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of 100 offices and centres and more than 7,100 Approved Employers worldwide, who provide employee development.

The term ‘Chartered’ in ACCA qualification refers to the Royal Charter granted in 1974.

Chartered Certified Accountant is a legally protected term. Individuals who describe themselves as Chartered Certified Accountants must be members of ACCA and if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, carrying liability insurance and submitting to inspections.

The Association of Authorised Public Accountants (AAPA), one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996.

ACCA works in the public interest, assuring that its members are appropriately regulated. It promotes principles-based regulation. ACCA actively seeks to enhance the value of accounting in society through international research. It takes progressive stances on global issues to ensure accountancy as a profession continues to grow in reputation and influence.

ACCA certificate in International financial reporting: HISTORY ABOUT ACCA

Key dates in ACCA history include:

  • 1930: London Association of Accountants successfully campaigns for the right to audit companies.
  • 1933: London Association of Accountants renamed London Association of Certified Accountants.
  • 1939: Corporation of Accountants (Scottish body, founded 1891) merges with London Association of Certified Accountants to become the Association of Certified and Corporate Accountants.
  • 1941: Institution of Certified Public Accountants (founded 1903, and incorporating the Central Association of Accountants from 1933) merges with Association of Certified and Corporate Accountants.
  • 1971: Association of Certified and Corporate Accountants renamed Association of Certified Accountants.
  • 1974: Royal Charter Queen Elizabeth II.
  • 1974: ACCA becomes one of six founding members of the Consultative Committee of Accountancy Bodies (CCAB).
  • 1977: ACCA becomes a founding member of the International Federation of Accountants (IFAC).
  • 1984: Association of Certified Accountants renamed Chartered Association of Certified Accountants.
  • 1995: ACCA members vote at an extraordinary general meeting to rename itself Association of Chartered Public Accountants and to introduce the designation Chartered Public Accountant. The Privy Council subsequently rejected this proposal over concerns about the term “public”. It did however agree that any accountancy body bearing a royal charter could use “chartered” as part of its designation.
  • 1996: Chartered Association of Certified Accountants renamed Association of Chartered Certified Accountants. Members become entitled to use the title Chartered Certified Accountant (Designatory letters ACCA or FCCA). The Association of Authorised Public Accountants became a subsidiary of ACCA. The group earned its first Queen’s Award, for Export Achievement
  • 1998: ACCA’s syllabus formed the basis of the United Nations’ global accountancy curriculum titled Guideline on National Requirements for the Qualification of Professional Accountants, published in 1999. ACCA was a participant in the consultative group that devised this global Benchmark.
  • 2001: ACCA received a Queen’s Award for Enterprise in International Trade, recognising ACCA’s growth and its role in 160 countries worldwide.
  • 2002: ACCA received its second Queen’s Award for Enterprise in the space of 12 months, in the Sustainable Development category. The award recognized ACCA’s continuing work on social and environmental issues.
  • 2009: ACCA members allowed to provide probate services as of 1 August under Probate Services (Approved Bodies) Order 2009 Number 1588.
  • 2011 to 2012: ACCA is the first accountancy body to publish an integrated report
  • 2014: ACCA members and student numbers reach 600,000 worldwide.
  • 2015: ACCA launches M.Sc. in Professional Accountancy with the University of London (UCL)

ACCA certificate in International financial reporting

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