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KPMG Dip IFRS from ACCA

KPMG Dip IFRS from ACCA

KPMG Dip IFRS from ACCA: To offer a credible and globally recognised qualification on IFRS, the Association of Chartered Certified Accountants (ACCA) has launched “Diploma in International Financial Reporting (DipIFR)”. ACCA has accredited KPMG in India as a gold learning provider for this program.

DipIFR course is useful for qualified professional accountants and other professionals experienced in Indian GAAP and addresses international financial reporting and first time application of 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.

KPMG Dip IFRS from ACCA : About Association of Chartered Certified Accountants (ACCA):

The ACCA is a global body for professional accountants based in the UK. It has 140,000 members and approximately 400,000(Year 2011-12) students and supports them throughout their careers, providing services through a network of 83 offices and active centres. A large number of ACCA members and students are based outside the UK.

KPMG Dip IFRS from ACCA: About KMPG

KPMG was established in India in September 1993, and has rapidly built a significant competitive presence in the country. The firm operates from its offices in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, Noida, Pune and Vadodara, and offers its clients a full range of services, including financial and business advisory, tax and regulatory, and risk advisory services.

In India, KPMG has a client base of over 2700 companies. The firm’s global approach to service delivery helps provide value-added services to clients. The firm serves leading information technology companies and has a strong presence in the financial services sector in India while serving a number
of market leaders in other industry segments.

KPMG Dip IFRS from ACCA : What is IFRS?

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.

KPMG Dip IFRS from ACCA: Program highlights

  • The program is conducted by experienced professionals from KPMG in India
  • Learning Management System (LMS) access will be provided to all participants for one full year from the date of batch commencement, having features like:
    • Session videos and presentations
    • Synopsis of IFRS accounting standards
    • Extracts of annual reports of IFRS-compliant companies
    • Features like Ask KPMG in India specialist, mock exams, practice questions included
    • KPMG in India publications available for download
    • Modules on difference between IFRS / Ind AS / Indian GAAP
  • Study material for DipIFR is sourced from ATC International (UK), a Gold approved publisher of learning material by ACCA (U.K)
  • Each session will cover the theoretical aspects of each topic as well as the practical application issues along with a review of past examinations
  • Access to KPMG in India’s IFRS Institute

KPMG Dip IFRS from ACCA: Course details

  • Program covers eighty (80) hours of intensive and interactive classroom training, in which 70 hours will cover the entire syllabus of Diploma in IFRS awarded by the ACCA of UK and the rest will focus on Ind AS
  • The sessions will be held during weekends
  • Classes will be held at various locations – Mumbai, Delhi, Chennai, Hyderabad, Pune, Bangalore and other cities based on the number of participants. There is also a facility to attend LIVE online sessions
  • Mock exams and self assessments tests will be conducted to help students prepare well for examinations
  • Hotline facility shall be provided to participants, where they can directly call faculty members and resolve their queries relating to the DipIFR curriculum.

KPMG Dip IFRS from ACCA: Eligibility

  • Chartered accountants and other accounting professionals are eligible to take the exam (require relevant documentation – eg: degree certificate, etc)
  • Individuals with the following background are also eligible:
    • A relevant degree plus two years’ work experience*
    • General three years work experience*
    • ACCA affiliate status
    • ACCA certificate in International Financial Reporting plus two years’ work experience.

* Experience letter to be attached along with registration form

KPMG Dip IFRS from ACCA: Assessment

The DipIFR exam will be assessed by a single three-hour closed book written exam, held twice a year in June and December at the ACCA’s exam centres in India as well. The pass mark is 50%. The exam contains two sections and has a mix of computational and discursive elements. Some questions adopt a scenario/case study approach.

KPMG Dip IFRS from ACCA: Certification

KPMG in India’s certificate of participation shall be awarded to all students enrolling and recording a 90% attendance in the sessions.

Click here to view programme details and schedule

KPMG Dip IFRS from ACCA

list of organisations offering the IFRS courses :

To know about the modules of IFRS follow this link

list of organisations offering the IFRS courses :

To know about the projects by IFRS follow this link

list of organisations offering the IFRS courses

KPMG Dip IFRS from ACCA

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