what are IFRS course ACCA’S QUALIFICATION FRAMEWORK?
POSITION OF THE COURSE WITHIN THE OVERALL PORTFOLIO OF ACCA’S QUALIFICATION FRAMEWORK – The Diploma in International Financial Reporting (DipIFR) builds on the technical and/or practical knowledge acquired from recognised country specific accountancy qualifications or relevant work experience.
The syllabus introduces the candidate to the wider international framework of accounting and the system of standard setting. This conversion course concentrates on the application of conceptual and technical financial reporting knowledge that candidates have already obtained to the specific requirements of financial reporting under international financial reporting standards.
The DipIFR also provides essential international financial reporting knowledge and principles that will prepare candidates for the increasingly global market place and keep them abreast of international developments and how they might apply to companies and businesses.
The prerequisite knowledge for DipIFR can either come from a country specific professional qualification, from possessing a relevant degree and two years’ accounting experience, or by having three years’ full-time relevant accounting experience, supported by an employer’s covering letter.
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