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

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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