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Dip IFRS Training For 2017 Exam

Dip IFRS Training For 2017 Exam

Dip IFRS Training : International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB).

IFSR Provides global framework for should companies prepare and disclose their financial statements. All the general guidelines for preparation of financial statements are provided in IFRS.

IFRS provides international standards, having an international standard is very much important for the company. A single set of world wide standard will simply accounting procedure for a company to use one reporting language. Investors and auditors will also be provided with cohesive view of finance.

Dip IFRS Training For 2017 Exam

Dip IFRS Training : International Financial Reporting ObjectiveStandards (IFRS), issued by the International Accounting Standards Board (IASB), is rapidly becoming a benchmark for the accounting world.

With the growing number of countries opting for IFRS, the numbers of finance professionals with qualification in IFRS is increasing globally.

The recently (2014) notified Indian Accounting Standards (IND AS) have been converged with International Financial Reporting Standards (IFRS).

This mark a paradigm shift in the regulatory and reporting landscape for companies in India.

DipIFR from the Association of Certified Chartered Accountants is one such qualification which can provide a detailed conceptual insight into IFRS. Diploma from ACCA (UK) is widely recognized in India and around the world.

DipIFR is useful for accounts and finance professionals working or intended to work in environment requiring accounting and reporting using IFRS. DipIFR is designed to develop an individual’s knowledge of IFRS – providing an understanding of the concepts and principles which underpin them, and their application in the international marketplace, thereby preparing him / her for working in the IFRS environment.

Dip IFRS Training For 2017 Exam

Dip IFRS Training : On completion of the DipIFR course, individuals should be able to:

  • Understand and explain the structure of the framework of international accounting
  • Apply relevant financial reporting standards to key elements of financial reports
  • Identify and apply disclosure requirements for companies in financial reports and notes
  • Prepare group financial statements (excluding group cash- flow statements) including subsidiaries, associates and joint ventures.

Dip IFRS Training For 2017 Exam

Dip IFRS Training : Programme highlights

  • The programme is based on the ‘Diploma in IFRS’ from ACCA syllabus.
  • The programme aims to prepare participants for the ‘Diploma in IFRS’ examination conducted by ACCA
  • The programme covers seventy five (75) hours of intensive and interactive classroom training
  • The sessions will be held at weekends
  • Each session will not only cover the topic but also important difference between IFRS and Ind AS
  • Mock examination and self-assessment tests shall be conducted to help students prepare well for the examination.

Dip IFRS Training For 2017 Exam

Dip IFRS Training : 

  • Association of Chartered Certified Accountants (ACCA) accredited gold approved learning provider.
  • Participants will be provided access to the Learning Management System (LMS) for a year from the date of batch commencement, which includes:
    • Session presentations
    • Summary of standards
    • Extracts of annual reports of IFRS compliant companies
    • Features like ‘Ask a KPMG in India Specialist’.
    • KPMG in India publications will be available for download.
    • Modules on difference between IFRS/IndAS/IGAAP.
  • The programme is conducted by experienced professionals from KPMG in India.
  • Study material and question bank for DipIFR (ACCA) sourced from Becker professional education- ATC International, a gold approved publisher of learning material by ACCA (U.K.)
  • KPMG in India will award a certificate of participation to participants who have minimum 90 per cent attendance in the sessions and have appeared in all monitoring and mock tests conducted during the training

Dip IFRS Training For 2017 Exam

Dip IFRS Training : ACCA DipIFR Registration

For ACCA DipIFR exam:

Online registration request and copies of all your supporting
documentation should reach ACCA 10 days before the following closing
date:

  • 16 October 2017 for the December exam session

Eligibility:

If you are a professional accountant or auditor who works 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

Dip IFRS Training For 2017 Exam

Dip IFRS Training : Candidate  Criteria For this Exam

  • Chief Financial Officers (CFOs), finance directors and strategic planners
  • Accountants, analysts and auditors
  • Investment bankers and corporate bankers
  • Private equity and merger & acquisition specialists
  • Consultants practicing CA, CS, CWA
  • Professionals from Indian companies with a global presence
  • Graduate who is a part of finance/ accounting team

Dip IFRS Training For 2017 Exam

Dip IFRS Training : Assessment

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 in India. The pass mark is 50%. The exam contains two sections and has a mix of calculations and written answers. Some questions adopt a scenario / case study approach. The assessment will be held in various centres within India.

Dip IFRS Training For 2017 Exam

Dip IFRS Training : Successful candidates are awarded the “DipIFR” qualification                                              by the ACCA.

The programme fee (exclusive of service tax) is INR 32,608 which includes necessary study material but excludes the exam registration fees payable to the ACCA for the DipIFR exam.

Dip IFRS Training For 2017 Exam

Dip IFRS Training : Deliverables

  • Understand and explain the structure of the framework of international accounting
  • Apply relevant financial reporting standards to key elements of financial reports
  • Identify and apply disclosure requirements for companies in financial reports and notes
  • Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint ventures

Dip IFRS Training For 2017 Exam

Dip IFRS Training : International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent, not-for-profit organisation called the International Accounting Standards Board (IASB).

IFSR Provides global framework for should companies prepare and disclose their financial statements. All the general guidelines for preparation of financial statements are provided in IFRS.

IFRS provides international standards, having an international standard is very much important for the company. A single set of world wide standard will simply accounting procedure for a company to use one reporting language. Investors and auditors will also be provided with cohesive view of finance.

IFRS Mission : Our mission is to develop IFRS Standards that bring transparency, accountability and efficiency to financial markets around the world. Our work serves the public interest by fostering trust, growth and long-term financial stability in the global economy.

  • IFRS Standards bring transparency by enhancing the international comparability and quality of financial information, enabling investors and other market participants to make informed economic decisions.
  • IFRS Standards strengthen accountability by reducing the information gap between the providers of capital and the people to whom they have entrusted their money. Our Standards provide information that is needed to hold management to account. As a source of globally comparable information, IFRS Standards are also of vital importance to regulators around the world.
  • IFRS Standards contribute to economic efficiency by helping investors to identify opportunities and risks across the world, thus improving capital allocation. For businesses, the use of a single, trusted accounting language lowers the cost of capital and reduces international reporting costs.

Dip IFRS Training For 2017 Exam

Dip IFRS Training : IFRS training with EY

Who Should Attend?

First set of People who comes under this category:

  1. Chartered accountants.
  2. Company Secretaries
  3. ICMA
  4. Other finance professionals

Second set of People who comes under this category:

  1. Finance Managers
  2. Chief accountants
  3. Accountants

Third set of People who comes under this category:

1.Private Equity and M & A Professionals

Fourth set of People who comes under this category:

  1. MBA Finance working in accounting domain

Last set of People who comes under this category:

  1. Semi Qualified CA,CS,ICWA working in accounting domains.

IFRS training with EY : Program details

Course fee

INR 30,000/- plus applicable taxes. Participants who wish to appear for Diploma in IFRS examination conducted by ACCA will be required to pay GBP 185 directly to ACCA.

Fee once paid is non-refundable. You can adjust the fee with our next batch subject to the availability of the seats.

All courses/programs are subject to a minimum number of participants. If a course/program has less than the required number of participants then EY FAAS learning solutions entitled to cancel any of the courses/programs at its absolute discretion, without liability. In such instances, the EY FAAS learning solution team can offer the participants with alternative options that are same level or standard.

Schedule and Places

For Corporate enrolment OR customised training program.

City

Mode and schedule

DelhiFace to Face classroom sessions starting from May 2017
MumbaiFace to Face classroom sessions starting from June 2017
BangaloreFace to Face classroom sessions starting from June 2017
Online LiveOnline live sessions starting from July 2017

 Dip IFRS Training For 2017 Exam

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