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ACCA IFRS diploma study material download 2021

The Diploma in IFRS is the certification granted by ACCA (Association of Chartered Certified Accountants). To get through the IFRS exam, you will need ACCA IFRS diploma study material.

IFRS diploma study material Includes

✔ Online pre-recorded classes
✔ Strong support WhatsApp, webinars
✔ Access for 2 examination terms
✔ Past 10 years question papers
✔ Practical Examples
✔ PDF workbooks

IFRS diploma study material 2021 by RamMohan Bhave sir

Mr Rammohan Bhave has been in this field for 39 years holding several qualifications, with 1600 lectures to his credit in the last 8 years. He has had the distinction of training more than 100 corporates and 700 plus bankers. Students across 30 countries and 129 cities in India have had the privilege of getting tutored under the master of IFR. You would be getting IFRS diploma study material by Bhave sir.

 

Diploma in IFRS Study Material Content

Sr No Module Particulars Time (hrs:min:secs)
    Diploma in IFRS Study Material Content 2021 52:21:04
1 Module 1 - Introduction Introduction to IND AS 2:31:17
    Carve outs and first time adoption 2:39:05
2 Module 2 - Asset Group IAS 23 borrowing cost 1:42:22
    IAS 20 Governments grant 25:05
    IAS 40 investment property 21:54
    IFRS 16 Lease 1:06:17
    IAS 16 PPE 1:23:36
    IAS 36 Impairment and IAS 38 Intangible Assets 42:52
    IFRS 5 held for sale 55:33
3 Module 3 - Small Topics IAS 12 Income taxes 1:10:05
    IFRS 10 Consolidated financial statements 14:48
    IAS 37 provision contingent liabilities contingent assets 1:00:44
    IAS 8 and IAS 10 event after reporting period 51:29
    IAS 41 Agriculture, IFRS 6 , IFRS 8 operating segments 1:08:56
    IAS 24 related party disclosures 24:14
    IFRS 13 Fair value measurement 34:23
    IAS 27 Separate financial statements , IAS 2 Inventory 30:23
4 Module 4 - Employee group Shares based payment 58:48
    IAS 33 Earning per share 2:09:11
    IAS 19 Employee Benefits 1:11:30
5 Module 5 - Revenue group IFRS 15 Revenue 1:58:41
6 Module 6 - Consolidation SOPL IFRS 3 Business Combination 3:28:39
    Consolidation P&L 5:22:35
7 Module 7 - Consolidation SOFP IFRS 11 Joint arrangements 44:37
    Consolidation SOFP 2:27:28
8 Module 8 - Financial Instrument IAS 21 14:37
    IFRS 9 IAS 32 Financial Instruments 4:01:28
9 Module 9 - IFRS for SME’s IFRS for SME’s 37:52
10 Module 10 : Ind AS - All standards Hedge Funds 11:22:35


ACCA IFR Exam Details

Exam term - June and Dec
Exam Duration - 3 hrs 15 minsACCA IFR Exam Details
Exam format - 4 questions of 25 marks each
Exam passing marks - 50 out of 100

We have discussed the IFRS diploma study material which has taken incomplete details above. 

Diploma in IFRS Study Materials download 2021

IFRS Course module pdf

Diploma in IFR Sample Question Paper pdf

Diploma in IFR Sample Answer Paper pdf

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All you need to know about Diploma in IFRS Exam - CBE Exam format

For June 2021 exam, ACCA has introduced CBE (Computer Based Exam) for the Diploma in Financial Reporting (DipIFR) exam. There are few things that need to be kept in mind before writing the DipIFR CBE exams for June 2021.

  1. Booking your exams
  2. Things to know on the day of exam - before starting the exam, during the exams
  3. System requirements
  4. Things you can place along with you while writing the exam

ACCA IFRS CBE exam format

Booking your DipIFRS June 21 exams

Booking for CBE exams begins on 3rd May 21 and ends on 9th May 21. If you are not comfortable with the CBE exam then you can opt-out and your money will be there in the ACCA wallet and can be used for Dec 21 exams.

Before starting the exam

  • You can choose a home or office with walled rooms, closed rooms and without distractions.
  • Ensure you are not distracted by anyone.
  • Disconnect extra electronic devices around you.
  • Do not place any food or smoking elements besides your desk.

During the exam

  • No other person is allowed in the room
  • You must not communicate with anyone.
  • Don't use scratch papers for calculations
  • Room must be quiet without any sound distractions.
  • You cannot leave the room unless you are permitted by them to do so.

System Requirements

OperatingSystem

  • Windows 10 (64-bit) (excluding 'S Mode')
  • Windows 8.1 (64-bit) (all editions except 'RT')
  • Mac OS 10.13 and above (excluding beta versions)

Note: Windows Operating Systems must pass Genuine Windows Validation.
• Windows Vista, Windows XP and Windows 7 are strictly prohibited
for exam delivery
• All Linux/Unix based Operating Systems are strictly prohibited.

If you have any questions related to Diploma in IFRS or its CBE process, fill the form and we will help you with all the process.

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Dip in IFRS Course Details all you need to know

The Diploma in IFRS is the certification granted by ACCA (Association of Chartered Certified Accountants).
Following details are what you need to know about Diploma in IFRS course:

1. Exam dates
2. Exam pattern
3. Exam format
4. Course duration
5. Course Fees in Indian Rupees
6. Eligibility
7. Pass Percentage
8. Syllabus

Diploma in IFRS Exam dates

The Diploma in IFRS Examination is a single 3 hrs 15 minutes written exam that takes place twice every year. (June and December)

Now let us turn our attention towards the format and Pattern of the Exam.

IFRS Exam format

The whole written exam gets divided into calculative portions with some theoretical part.
The question pattern goes as such-25 marks each for four questions. Therefore the total is 100 marks. The passing criteria for this exam are 50 marks. After that, you need to wait for around six weeks to get the status of your performance in this exam. This means the results will be out within six weeks.

IFRS Course duration

Again the whole course duration of IFRS varies from candidates to candidates. Take for instance

  • For the professionals, the time frame is 180 hours
  • For the commerce graduates along with experience, the time frame is 250 hours
  • And lastly, for the non-commerce graduates, the time frame is 350 hours

This whole time you need to pay full attention to building a thorough and detailed knowledge about the course. And for this, you need to study the course material along with videos of various study content. And for a comprehensive review, a student must offer a considerable amount of time in solving the previous year's question papers.

Diploma in ifrs course details

IFRS Course fees

Well, the exam fees remain around 185 GBP i.e 13,000 INR to 15,000 INR. The exam fee is to be paid three months prior to the exam month.

IFRS Course Eligibility

Well, the eligibility for sitting in this exam varies from pupil to pupil. Take for instance-

  • A professional like the CS, CA and CMA, there is a requirement of a membership certificate
  • For B.com graduates there is a requirement of graduation certificate along with two years of working experience
  • And for the Non-Commerce graduate students, there is a requirement of 3 years of work experience certificate

Dip IFRS course Syllabus

A. INTERNATIONAL SOURCES OF AUTHORITY

1. The International Accounting Standards Board (IASB) and the regulatory framework

B. ELEMENTS OF FINANCIAL STATEMENTS

1. Revenue recognition
2. Property, plant and equipment
3. Impairment of assets
4. Leases
5. Intangible assets and goodwill
6. Inventories
7. Financial instruments
8. Provisions, contingent assets and liabilities
9. Employment and post-employment benefits
10. Tax in financial statements
11. The effects of changes in foreign currency exchange rates
12. Agriculture
13. Share-based payment
14 Exploration and evaluation expenditures
15. Fair value measurement

C. PRESENTATION OF FINANCIAL STATEMENTS AND ADDITIONAL DISCLOSURES

1. Presentation of the statement of financial position, the statement of profit or loss and other comprehensive income and the statement of changes in equity
2. Earnings per share
3. Events after the reporting period
4. Accounting policies, changes in accounting estimates and errors
5. Related party disclosures
6. Operating segments
7. Reporting requirements of small and medium-sized entities (SMEs)

D. PREPARATION OF EXTERNAL FINANCIAL REPORTS FOR COMBINED ENTITIES, ASSOCIATES AND JOINT ARRANGEMENTS

1. Preparation of group consolidated external reports
2. Business combinations – intra-group adjustments
3. Business combinations – fair value adjustments
4. Business combinations – associates and joint arrangements
5. Complete disposal of shares in subsidiaries

Well, the primary purpose of sitting for this career-building exam is that you get to achieve the Global Accounting Standard by just a single exam. Additionally, once you secure the certification, you can apply for international brands and organizations to work in their financial sectors.

After getting into this blog, if any further question arises, please fill out the form so that we can help! We are here to guide. We would honour your single knock on our door.

If you have any questions related to Diploma in IFRS, fill the form and we will help you with all the process.

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DipIFRS: A simple guide to let you understand

Every finance professional looks for various methods to upgrade their qualification. The term IFRS holds a profound and robust background. This course is both a hard and fast solution in the current generation. Try involving in the DipIFRS to have a robust career. And we are here to share all the immediate and significant details. Therefore let us see the details in a more in-depth way-

Who should do DipIFRS

As the term, suggests-IFRS is International Financial Reporting Standards. Thus we can deduce that professionals involved with finance background would be eligible. But still, let us take a vivid look at all the qualified candidates-

  • Chartered Accountant
  • Company Secretaries
  • Management Accountants
  • An individual having a finance background
  • Professionals who want to strengthen their knowledge in areas of account preparation, dealing with auditors, Reading FS, consolidation work etc.

Apart from above, people having an MBA degree and also having working experience in accounts domain are equally eligible. Individuals having semi qualification in CS, CA can also opt for this finance course.

Course Content for DipIFR by Ram Mohan Bhave Sir

Module 1 :Introduction

  • Introduction to IND AS
  • Carve outs and first time adoption

Module 2 :Asset Group

  1. IAS 23 borrowing cost
  2. IAS 20 Governments grant
  3. IAS 40 investment property
  4. IFRS 16 Lease
  5. IAS 16 PPE
  6. IAS 36 Impairment and IAS 38 Intangible Assets
  7. IFRS 5 held for sale

Module 3:Small Topics

  1. IAS 12 Income taxes
  2. IFRS 10 Consolidated financial statements
  3. IAS 37 provision contingent liabilities contingent assets
  4. IAS 8 changes in accounting policies, estimates and errors and IAS 10 event after reporting period
  5. IAS 41 Agriculture, IFRS 6 exploration and evaluation of mineral resources, IFRS 8 operating segments
  6. IAS 24 related party disclosures
  7. IFRS 13 Fair value measurement
  8. IAS 27 Separate financial statements, IAS 2 Inventory

Module 4: Employee group

  1. Shares based payment
  2. IAS 33 Earning per share
  3. IAS 19 Employee Benefits

Module 5:Revenue group

  1. IFRS 15 Revenue

Module 6: Consolidation SOPL

  1. IFRS 3 Business Combination
  2. Consolidation P&L

Module 7: Consolidation SOFP

  1. IFRS 11 Joint arrangements
  2. Consolidation SOFP

Module 8: Financial Instrument 

  1. IAS 21 Effect of changes in foreign exchange rates
  2. IFRS 9 IAS 32 Financial Instruments

Module 9: IFRS for SME’s

Module 10: Ind AS - All standards

Dip IFR Course

Meraskill's Course offerings for DipIFR Course

1. Online pre-recorded video classes
2. Study at your own pace
3. Anytime Anywhere
4. Queries via WhatsApp, webinars
5. Study Materials
6. Access for 2 examination terms
7. Past 10 years question papers

All this all at your hand with just 15500/- INR And this price tag comes inclusive of GST.

About Bhave Sir


1. 1600+ lectures in last 8 years
2. 39 years experience in IFR
3. Trained 100+ Corporates
4. Trained 700+ Bankers
5. Students in 30 countries & 129 cities of India
6. Results above 90 %+ consistently
7. 75+ live Implementation experience
8. Numerous articles published in ICAI, ICSI, ICMAI
9. IFR/Ind AS implementation committee (ICAI) member 18-19
10.Bhave Sir holds 10 qualifications

What will Participants learn once they complete DipIFRS Course?

After successful completion of this course, the candidate will receive-

  • The Internationally recognised ACCA DipIFR Tag once you pass the exam
  • You will have an in-depth knowledge of the rules and principle of IFRS
  • Candidates will have detailed experience regarding the financial statement under IFRS, and this includes the consolidated Financial statement as well.
  • You will also have experience of formation of professional judgements based on the practical application of IFRS
  • You will also gain some in-depth information concerning the new revenue and leasing standard. Candidates will also get access to the industry-specific illustration
  • A pupil will also learn the significant difference between IndAs and IFRS

Career Opportunities in Diploma in International Financial Reporting (DipIFR)

Now, why would one opt for this course in the first place? Now let us take a quick look at the career opportunities after successful completion of this course-
Candidates will get working opportunities at Audit firms
After that, they will have a working opportunity at Professional advisory company
A pupil will get chances to work with Banks and Insurance organization
Candidates will also gain opportunities to work with an organization having IFR standard
After that, they can simply seek some opportunities in the international and global companies too
Pupils can simply seek some high ranking jobs in the EU and the Middle East
And lastly, this one certification will end up offering a tremendous weight in your CV

Are you thinking of having preparation for IFRS? We are here to guide. We would honour your single knock on our door. Fill out the contact form, and we will reach out to you.

 

If you have any questions related to Diploma in IFRS, fill the form and we will help you with all the process.

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Diploma in IFRS Exam

The International Financial Reporting Standards (IFRS) course is a well-respected course and for which exam is held by the Association of Chartered Certified Accountants (ACCA) twice a year. This course is performed by the candidates so that they can gain more knowledge regarding the IFRS.

 

About IFRS Course

The IFRS course which is set by the International Accounting Standard Board i.e. IASB is to gain an understanding of the standard of accounting and the principles which are set by them. The course has now reached the global standard when it comes to preparing for the financial statements. Presently India has taken a step ahead toward IFRS standard and adopted the Ind-AS.

What is the purpose of all coming to one platform?
The biggest advantage is to achieve the Global Accounting Standards in one single format. This will further be useful for international companies in terms of financial statements.

IFRS Exam Format and Pattern

The Diploma in IFRS Examination is a single 3 hrs 15 minutes written exam that takes place twice every year. (June and December)
There are two parts to the paper which requires a mix of calculations and written answers.
Question pattern - 4 questions of 25 marks each. (Total 100 marks)
You will need to achieve a 50 mark or above to pass the exam.
The result is announced within 6 weeks after the examination.

Diploma in IFRS Exam

Diploma in IFRS Exam fees

Each attempt of IFRS exam costs between 13000 INR to 15000 INR.
The exam fees have to be paid 3 months before the exam window.

IFRS Exam Eligibility

a) If you are a professional i.e CA, CMA, CS then we require a certificate of Membership.

b) If you are a Bcom/Bcom graduate then we require a Bcom graduation certificate and 2 years of working experience certificate.

c) If you are a non-Commerce graduate then we require 3 years of working experience certificate.

IFRS Examination Centers

In the present date, 120 countries have already permitted the IFRS.
There are exam centres available all over the world.

IFRS Exam Pass percentage

 Exam session Pass rate
 Dec 2020  45
 Sep 2020  49
 Dec 2019  37
 Jun 2019  55
 Dec 2018  60
 Jun 2018 41
 Dec 2017 59
 Jun 2017 47
 Dec 2016 52
Jun 2016 42
Average  49

 

Tips to Pass IFRS Examination

The course requires 200 hrs of study time to complete the preparations. So you need to plan accordingly.

Below are the few details on how you can plan your exam -

1. Study Style

The candidates can follow the previous year's question pattern and the questions. This will help them to identify the important questions and topics that they should give more importance before the exam.

2. IFRS Formats

You will understand the Financial Statement Format once you check out the previous year's question paper. This is important in case of questions related to Q1.

3. IFRS Theory

Only understanding the practical won't help the candidate. Along with it, they must have proper knowledge of the theory. Understanding everything conceptually is very important for the IFRS Examination.

4. Practice past IFRS Papers

You need to get 50% to pass. Practising can make you perfect and try to practice properly with pen and paper just the way you would during the main exam.

5. Time yourself

Do personally four full question papers under exam conditions of 3h 15 minutes at the same IST times 2:30 pm-5 45pm. It may sound awkward, but when you get the benefits it's worth it! However, individually when we practice consolidation questions, that need to be timed as well to strategize our exam plan whether to take up Q1 at the end or not.

6. Attempt full 100 marks

Extremely vital and important is to attempt the full paper which increases the pass chances definitely and get yourself good scores for the effort you've put in!

 

Thinking of having preparation for Diploma in IFRS Exam? We are here to guide. We would honour your single knock on our door.

 

If you have any questions related to Diploma in IFRS, fill the form and we will help you with all the process.

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