Overview

Diploma in IFRS by the ACCA (The Association of Chartered Certified Accountants) is one of the most respectable and appreciated qualification in IFRS across the globe. More than 113 countries now require or permit the use of IFRS holders. Over 7,000 public companies in the European Union have complied with IFRS since 2005. 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 It can also provide eligible Continuing Professional Development units for ACCA members, as required under their CPD scheme.

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Outcome

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


Understand the complex financial reporting standards like financial instruments, consolidation, share based payments, etc.


Prepare group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint arrangements.

Details

Developed by: ACCA - Association of Charted Certified Accountants

Standard Total Hours: 68 Hrs

Language: English - Bilingual "English & Arabic"

Modalities: 
Next Rounds: 
Date Tenure Modality Venue
21 Jan 4 months Face To Face Degla Plaza, Beacon Premises
12 Apr 4 m0nths Face To Face Degla Plaza, Beacon Premises
21 Jun 4 m0nths Virtual Virtual,Bilingual
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Outline

IAS 1 sets out overall requirements for the presentation of financial statements, guidelines for their structure and minimum requirements for their content. It requires an entity to present a complete set of financial statements at least annually, with comparative amounts for the preceding year (including comparative amounts in the notes).

IAS 2 provides guidance for determining the cost of inventories and the subsequent recognition of the cost as an expense, including any write-down to net realisable value. It also provides guidance on the cost formulas that are used to assign costs to inventories.

IAS 8 prescribes the criteria for selecting and changing accounting policies, together with the accounting treatment and disclosure of changes in accounting policies, changes in accounting estimates and corrections of errors.

IAS 10 prescribes:

  • when an entity should adjust its financial statements for events after the reporting period; and
  • the disclosures that an entity should give about the date when the financial statements were authorised for issue and about events after the reporting period.

IAS 12 prescribes the accounting treatment for income taxes. Income taxes include all domestic and foreign taxes that are based on taxable profits.

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Who Should Attend

  • Chartered Accountants 
  •   Management Accountants Finance Managers 
  •   Chief Accountants Other finance professionals
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Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.