Introduction
Studying the Diploma in International Financial Reporting Standards (DipIFR) will enhance your knowledge and understanding of IFRS through practical application. By obtaining this diploma, you will gain a solid understanding of the international accounting framework, how standards are applied to the key elements of financial reports, how to identify and apply disclosure requirements for companies, and how to prepare financial statements in accordance with IFRS.
Objectives
The Managerial and Financial Training Center delivers the DipIFR preparation program through both practical and theoretical approaches by certified instructors with extensive experience in accounting, auditing, and finance.
The program focuses on key information presented in clear, easy-to-understand points, supported by summaries and quizzes for each topic and selected standards. It includes expanded questions and answers covering all major areas, along with case studies based on real-life examples. The program also provides a large number of exercises, multiple-choice questions, and model answers to help participants test their knowledge with confidence, in addition to continuous guidance and support throughout the training program.
Program Benefits
By the end of the program, participants will be able to:
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Properly record accounting treatments related to the covered standards.
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Present financial statements and reports correctly in accordance with IFRS.
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Measure financial statement items accurately and understand disclosure requirements while avoiding measurement errors that may lead to non-compliant reporting.
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Provide useful information for investment and credit decisions and for evaluating cash flow prospects and other resources.
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Understand developments and professional skills related to financial reporting and the framework used in preparing financial statements.
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Successfully pass the international IFRS Diploma exam.
Course Outline (Standards Covered)
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IAS 1 – Presentation of Financial Statements
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IAS 2 – Inventories
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IAS 8 – Accounting Policies, Changes in Accounting Estimates and Errors
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IAS 10 – Events After the Reporting Period
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IAS 12 – Income Taxes
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IAS 16 – Property, Plant and Equipment
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IAS 17 – Leases
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IAS 19 – Employee Benefits
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IAS 20 – Accounting for Government Grants and Disclosure of Government Assistance
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IAS 21 – Effects of Changes in Foreign Exchange Rates
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IAS 23 – Borrowing Costs
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IAS 24 – Related Party Disclosures
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IAS 27 – Separate Financial Statements
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IAS 28 – Investments in Associates
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IAS 32 – Financial Instruments: Presentation
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IAS 33 – Earnings per Share
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IAS 34 – Interim Financial Reporting
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IAS 36 – Impairment of Assets
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IAS 37 – Provisions and Contingent Liabilities
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IAS 38 – Intangible Assets
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IAS 40 – Investment Property
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IAS 41 – Agriculture
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IFRS 1 – First-time Adoption of IFRS
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IFRS 2 – Share-based Payment
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IFRS 3 – Business Combinations
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IFRS 5 – Non-current Assets Held for Sale and Discontinued Operations
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IFRS 6 – Exploration for and Evaluation of Mineral Resources
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IFRS 7 – Financial Instruments: Disclosures
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IFRS 8 – Operating Segments
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IFRS 9 – Financial Instruments
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IFRS 10 – Consolidated Financial Statements
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IFRS 11 – Joint Arrangements
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IFRS 12 – Disclosure of Interests in Other Entities
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IFRS 13 – Fair Value Measurement
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IFRS 15 – Revenue from Contracts with Customers
The program has been developed by experts from around the world and is designed to provide accounting professionals with the training, knowledge, and practical guidance needed to apply IFRS effectively.
Program Schedule
The training program is delivered over 20 days, with four training hours per day.
Training Materials
The study materials are specially prepared by the Managerial and Financial Training Center in collaboration with the instructor, in accordance with international standards.
Target Audience
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Finance managers and accounting managers
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Professionals working in finance and accounting
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University graduates majoring in finance or accounting
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Accountants and auditors
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Anyone seeking to obtain the ACCA DipIFR qualification.
