Advanced Certificate in IFRS (ACCA Diploma in IFRS Prep Program) (3-30 yrs)

EY and Manipal University is offering the ACCA's "DipIFR" preparatory program

Course Snapshot
  • FeeINR 34,500
  • Work Experience3 - 30 Years
  • Duration205 Hours
  • Delivery MethodOnline
Course Detail

Introduction

Diploma in IFRS course enhances the knowledge of finance professionals to apply the International Financial Reporting Standards and the concepts and principles that underpin these standards. This course focuses on technical, conceptual, and practical knowledge of financial reporting under international financial reporting standards. This course is an experiential learning model that provides insightful videos featuring experienced professionals with contemporary reading materials. You get an opportunity to analyse real-life case studies. This is the key to gaining a competitive edge in the fast-paced and competitive field of IFRS and Ind-AS.

The course is based on Association of Chartered Certified Accountants ACCA (U.K.) Diploma in IFRS syllabus and helps you prepare for the examination conducted by ACCA to attain their Diploma in IFRS Qualification.

With the global recognition accredited to IFRS and Indian companies adopting and choosing to recruit IFRS professionals, the career and growth opportunities for IFRS certified accounting and finance professionals is immense.

Benefits

Career: With the global acceptance of IFRS for business accountancy & practices, Indian companies are looking forward to recruit candidates with experience and good knowledge of IFRS apart from usual accounting and finance degrees. A candidate possessing a Diploma in IFRS gets more number of growth opportunities than a usual accounting or financial professional. You may surpass other applicants when competing for a new job or position.

Financial: You can expect a certain amount of salary increase in your current/next role after you've earned the Diploma in IFRS certification.

Reputational: Diploma in International Financial Reporting (DipIFR) by the ACCA (The Association of Chartered Certified Accountants) is one of the most respectable and appreciated qualification in IFRS across the globe. There is a high demand for IFRS professionals in India. As there are less number of IFRS certified professionals in India, the demand for these professionals is quite high. Moreover, experts having good knowledge on IFRS can offer consultancy services to companies adopting IFRS standards and help companies when they need assistance in migrating older accounts to newer accounting structures.

Learning Outcomes

On completion of the Diploma candidates should be able to:
- Understand the structure of international accounting framework and apply IASB's Conceptual Framework for Financial Reporting
- Apply provisions of relevant financial reporting standards
- Identify and apply disclosure requirements in financial statements and notes
- Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint ventures
- Learn how to apply them, as well as the concepts and principles which underpin them, and their application in India and the international marketplace.

Key Features

Using our EduNxt platform, students will get access to the following features:
- Videos by senior professionals from EY, who have extensive training experience, as well as experience of IFRS/Ind-AS conversion engagements
- Reading material from Becker - Gold Approved Publisher of learning material by ACCA, UK
- Question bank from Becker- Gold Approved Publisher of learning material by ACCA, UK
- Illustrative Financial Statements with each topic in videos
- Query management through Webinars
- Illustrative Disclosures with each topic in videos
- Quizzes with multiple choice questions

Objectives

The course is designed to develop your knowledge and understanding of International Financial Reporting Standards (IFRS and Ind-AS). You will also learn the concepts and principles of IFRS and will be able to apply them.
On completion of the Diploma, candidates should be able to:
- Understand and explain the structure of the framework of IFRS
- 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

Desired Candidate Profile

- Semi qualified CA, CS, ICWA working in accounting domain
- MBA finance working in accounting domain
- Chartered accountants, company secretaries, ICMA, and other finance professionals
- Finance managers, chief accountants, accountants
- Private equity and M&A professionals
- Graduates working in finance/accounting domain

Course Modules

Please refer/download brochure for detailed Modules

Certification

Participants will get joint certification by EY and Manipal University after successfully completing this course
Participants will get ACCA's "Diploma in International Financial Reporting" certification on clearing the examination conducted by ACCA