Our Recommendations :-
Follow FB Page Facebook

Is ACCA or KPMG best for the IFRS certification course

Is ACCA or KPMG best for the IFRS certification course: What is the difference in both of the organisation if you as we will say there is no much difference just the fact is KPMG only provides diploma where as ACCA provided both certifications as well as diploma. So we will discuss about both these organisations course details hope its helps you to choose the best one for you.

Is ACCA or KPMG best for the IFRS certification course

Is ACCA or KPMG best for the IFRS certification course

Is ACCA or KPMG best for the IFRS certification course: ACCA

We offer a range of ACCA courses on International Financial Reporting, including the Certificate in International Financial Reporting. This financial reporting course offers a broad introduction to the field of International Financial Reporting and International Financial Reporting Standards (IFRS). It traces the history of the International Accounting Standards Board (IASB) from its early roots through to recent changes and updates and future developments.

The qualification is structured in an accessible and user-friendly way that underlines key information and provides useful summaries. It examines and breaks down specific standards topic-by-topic. There are case studies, which are based on real-life examples, and many exercises, multiple-choice questions and sample answers for you to test your knowledge as you progress through the course.

Important Note – Preparing for ACCA?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  

COURSE OBJECTIVES

  • to help you understand how International Financial Reporting Standards (IFRS) are used around the world
  • to explain how the International Financial Reporting Standards Foundation (IFRSF) / International Accounting Standards Board (IASB) work and how these are being changed
  • to examine the fundamental requirements of IFRS on a standard-by-standard basis
  • to provide guidance on how to use IFRS in practice.

Who and how to take this

Our e-learning course is an introduction to International Financial Reporting Standards (IFRS). Nationally qualified accountants and auditors can now update their skills to meet the challenges involved in adopting and implementing IFRS in their workplace. An educational or vocational background in financial reporting is recommended before starting the Cert IFR.

This course also benefits ACCA members who gained their qualification prior to the introduction of IFRS. For ACCA members whose qualifications are already based on IFRS, the Cert IFR is an opportunity to update their IFRS knowledge for recent IASB publications.

Download the document in the related documents box at the bottom of this page to find two example CertIFR assessment questions. These will help you to judge whether this certificate is appropriate for your professional needs.

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.

Important Note – Preparing for ACCA?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  

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.

Is ACCA or KPMG best for the IFRS certification course: THE SYLLABUS

1. The nature and operations of the IASB

  • Structure of the IFRSF/IASB
  • Extant standards of the IASB
  • The framework.

2. The status and use of IFRSs around the world

  • The use of IFRS around the world
  • The IASB roadmap
  • The annual IASB bound volume and its use.

3. Presentation and profit

  • IAS 1, Presentation of financial statements
  • IFRS 15, Revenue from contracts with customers
  • IAS 8, Accounting policies, changes in accounting estimates and errors.

4. Accounting for assets and liabilities – part 1

  • IAS 16, Property, plant and equipment
  • IAS 38, Intangible assets
  • IAS 40, Investment Property
  • IAS 36, Impairment of assets
  • IAS 23, Borrowing costs
  • IAS 20, Accounting for government grants and disclosure of government assistance
  • IAS 2, Inventories
  • IFRS 16, Leases
  • IFRS 5, Non-current assets held for sale and discontinued operations

5. Accounting for assets and liabilities – part 2

  • IFRS 13, Fair Value Measurement
  • IFRS 32, Financial instruments – presentation
  • IFRS 9, Financial instruments
  • IFRS 7, Financial instruments: disclosures
  • IFRS 2, Share-based payment
  • IAS 37, Provisions, contingent liabilities and contingent assets
  • IAS 10, Events after the reporting period
  • IAS 19, Employee benefits
  • IAS 12, Income taxes
  • IAS 41, Agriculture
  • IFRS 6, Exploration for and evaluation of mineral resources.

6. Group accounting

  • IFRS 10, Consolidated Financial Statements
  • IAS 27 (revised 2011), Separate financial statements
  • IFRS 3, Business Combinations
  • IAS 28 (revised 2011), Investments in associates and joint ventures
  • IFRS 11, Joint arrangements
  • IFRS 12, Disclosure of interests in other entities
  • IAS 21, The effects of changes in foreign exchange rates
  • IAS 29, Financial reporting in hyperinflationary economies.

7. Disclosure standards

  • IAS 7, Statement of cash flows
  • IAS 24, Related party disclosures
  • IAS 33, Earnings per share
  • IAS 34, Interim financial reporting
  • IFRS 4, Insurance contracts
  • IFRS 1, First time adoption of IFRS
  • IFRS 8, Operating segments.

8. Principal differences between UK/US GAAP and IFRS

9. Proposals for change

Cost

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 pages.

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

Is ACCA or KPMG best for the IFRS certification course: KPMG

KPMG in India’s Accounting Advisory Service’s Learning Solutions is pleased to announce its batch 23 for DIP IFR training. The course is designed to prepare participants with latest International accounting practices.

About the Program

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.

Is ACCA or KPMG best for the IFRS certification course

Is ACCA or KPMG best for the IFRS certification course-  Objective: 

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.

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.

KPMG advantage

  • 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

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

Who should attend?

  • 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

Schedule

Weekend batches starting from July 2017 at respective KPMG office locations.

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.

Completion

Successful candidates are awarded the “DipIFR” qualification by the ACCA.

Course Fee

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.

Register by May 20, 2017 and avail discount.

Is ACCA or KPMG best for the IFRS certification course: 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

THESE WERE THE DETAILED INFORMATION ABOUT BOTH THE ORGANISATION YOU CAN SEE AND CHOOSE WHAT BEST SUITS YOU.

Is ACCA or KPMG best for the IFRS certification course

Cakart.in provides India’s top IFRS faculty video classes – online & in Pen Drive/ DVD – at very cost effective rates. Get IFRS Video classes from www.cakart.in  to do a great preparation for primary Student.

Watch IFRS sample video lectures Here
Watch  IFRS  sample lecture books  Here
Watch IFRS free downloads  Here

About Author: cakart

Leave a Reply

Your email address will not be published. Required fields are marked *

Chat with a counsellor
SIGN UP