DIPLOMA in IFRS-IAAP UK​

Overview

An IAAP qualification for finance professionals, 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 Diploma in IFRS 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 Objective

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

  • 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:
    1. Understand, Explain and Apply the IASB’s Conceptual Framework for Financial Reporting.
    2. Apply relevant financial reporting standards to key elements of financial reports.
    3. Identify and apply disclosure requirements for companies in financial reports and notes.
    4. Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint arrangements.

The online course includes all the study materials and learning resources you will need. You can apply Certificate in IFRS at any time. Students need to make payment and provide necessary documents in order to get access to the online course and assessments.

Typically, a student should take 30 hours to work through the course. The certificate is assessed by a one-hour online exam with 40 multiple choice questions. Students will have to score 70% in order to pass the examination. Students can know their results after completion of the examination and the certificate will be issued by IAAP.

What is the training for ?

For those who want to improve their professional qualifications.

For those who want to learn while working.

For various accounting and management accounting specialists. Useful for managers, leaders, analysts who create performance-oriented management.

For students specializing in “Accounting and Finance”, because by studying on their days off, they will use their time rationally and get an educational document that will help them be more competitive in the labour market

For young people who plan to work in Western Europe. There, a British diploma and certificate will be very useful.

For everyone who realized that professional and personal success is unthinkable without economic and special business knowledge.

For those who have a narrow specialization and want to expand it

For everyone, who wants to become brighter, more successful and realize their abilities to the maximum in work, personal life and social activities.

Professional Benefits

Learn how to manage accounting in companies with different forms of ownership.

Increases competitiveness and demand in labor markets.

Can work in companies with foreign capital; to work as an accountant abroad.

Becomes an economist who is able not only to understand and evaluate any phenomenon of economic life, but also to predict it, to propose a possible course of events.

Confirms his qualifications with a Diploma.

You have the opportunity to become a member of the IAB, IFA associations