DipIFRS from ACCA is now available in Malaysia

DipIFRS from ACCA

Diploma in International Financial Reporting (DipIFR) is for finance professionals who need to acquire more a detailed understanding of IFRS. DipIFR is a fast and efficient solution that will develop your current knowledge in this field. As well as how to apply the standards, you will learn the concepts and principles which underpin them.

If you are a finance professional who is not already knowledgeable about the details of International Financial Reporting Standards (IFRS), this qualification has a fast and efficient solution to meet your needs. If you need to develop a working knowledge of the area, the DipIFR can help prepare you.

International Financial Reporting Standards (IFRS) are mandated in more than 100 countries worldwide. All listed companies in the European Union (EU) have to prepare consolidated company accounts that comply with IFRS. It also affects associates and subsidiaries of EU-listed companies.

Other countries such as Australia, Hong Kong and South Africa have already adopted IFRS or equivalents as their local Generally Accepted Accounting Principles (GAAP). And many other countries around the world, including India, are moving towards applying IFRS, which is having a significant impact on financial reporting.

Course objectives

The course is designed to develop your knowledge and understanding of International Financial Reporting Standards. You will also learn how to apply them, as well as the concepts and principles which underpin them.

On completion of the Diploma candidates should be able to:

• understand, explain and apply the IASB's Conceptual Framework for Financial Reporting

• 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 arrangements

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 working in practice, but not yet qualified, then you may still be eligible. You will need to prove that you have one of the following:

• Two years' relevant accounting experience and a relevant degree (attracting at least ACCA qualification exemptions for the Applied Knowledge and Corporate and Business Law (LW) exams)
• Two years‘ relevant accounting experience and an ACCA Certificate in International Financial Reporting
• Three years' relevant accounting experience
• ACCA affiliate status

To confirm the relevance of a degree please use Exemptions calculator.

If applying on the basis of experience, please submit a completed experience confirmation form.

Tuition available in Malaysia

If you are interested in preparing for this course; the only provider for DipIFRS is available at   JPRO TRAINING

Study ACCA Dip IFRS with Jpro for June 2019

Planning to prepare for the Dip. IFRS for June 2019 examination.

This is a course that is designed for accounting staffs that need to refresh their IFRS and get a qualification that allows them to update their skills for the challenges that comes ahead.

It is a course that is focused on ensuring that candidates that take the course have a strong grasp of the knowledge required to resolve serious accounting issues.

The course is brought to you by one of the best lecturers for ACCA Dip. IFRS with 20 years experience as a chartered accountant who has very strong technical knowledge.

The progress for preparing for the Dip. IFRS which is a 3 months short course allows the candidate to practice the relevant questions that is needed to attempt the exam with confidence.

Register with JPro Training for the exam and ensure that you are ready for the exam by studying with the only true expert in ACCA Dip. IFRS for Malaysia.

Planning to do DipIFRS ACCA

Am I eligible to study for the Diploma in International Financial Reporting?

If you are a professional accountant or auditor who works in practice or business, and qualified according to national accounting standards, then you are eligible to take Diploma in International Financial Reporting.

If you are working in practice, but not yet qualified, then you may still be eligible.  You will need to prove that you have one of the following:

1. 3 year relevant accounting experience - submit letter from your employer
2. Relevant degree plus 2 years' work experience
3. ACCA Certificate in International Financial Reporting plus 2 years' work experience

Registration

You will need to register with ACCA directly in order to sit for the exams which are held in June and December of each year.

Registering with ACCA as a DipIFR candidate

You can register with ACCA at any time of the year though you should ensure that you register in plenty of time to sit the exam at your preferred exam session.  Registration must be done directly with ACCA.

You will need to submit your registration form and copies of all your supporting documents at least 20 days before the closing date (if applying by postal delivery) and 10 days before the closing date (if applying online).

The closing dates are as follows:

8 April for the June exam session
8 October for the December exam session

The easiest and quickest way to apply is online at www.accaglobal.com. You will still need to send copies of your supporting documents by postal delivery to ACCA in advance of the closing dates.

Download the ACCA’s guide to applying online for important information regarding the documentation you need to submit, payment options and key dates.

You will need to provide:

• proof of any qualifications
• proof of identity
• passport-style photograph

The Diploma in International Financial Reporting – what’s included?

If you are a finance professional who is not already knowledgeable about the details of International Financial Reporting Standards (IFRS), this qualification will provide you with a working knowledge of IFRS; not only the concepts and principles but also how to apply them.

The DipIFR is a single paper exam set by ACCA.  You can sit for the exam worldwide at an ACCA exam center in June and December of each year.

On completion of the Diploma candidates 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.

The ACCA website has a lot of very useful and important information which you should make use of throughout your studies including:

• Syllabus and Study Guides
• Past Exam Papers
• Examiners’ Reports
• Examiners’ Guidance
• Technical Articles

Visit the ACCA website for detailed information to review the available resources.

The Diploma in International Financial Reporting: the actual exam

The Diploma in International Financial Reporting (DipIFR) can be studied online to fit your studies around your work and social commitments. The diploma can be completed in three to six months.

DipIFR is assessed by a three-hour written exam held twice a year in June and December.

There are two sections to the paper which requires a mix of calculations and written answers. The assessment marks are split as follows:

		Marks
Section A	One 'groups' questions	40
Section B	Three scenario questions	60
	(20 marks each)	100

The pass mark is 50 per cent.