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Course Description

International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB), is rapidly becoming a benchmark for the accounting world. With a growing number of countries opting for IFRS, the numbers of finance professionals with qualification in IFRS is also increasing globally. The Indian Accounting Standards (Ind AS), notified in 2014, have converged with IFRS, which marked a paradigm shift in the regulatory and reporting landscape for companies in India.

Diploma in IFRS (Diploma IFRS) from the Association of Certified Chartered Accountants is one such qualification which provides detailed conceptual insights into IFRS. It is widely recognised in India and around the world and is useful for finance professionals working or intending to work in an environment requiring accounting and reporting using IFRS/ Ind AS. The programmed is designed to develop an individual’s knowledge of IFRS by providing an understanding of the concepts, principles and application in the international marketplace.

Learning Outcomes

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  • Teacher Center Professional Development Program is a collaborative program of the New York State Education Department.
  • United Federation of Teachers and the New York City Department of Education.
  • The program engages in a wide variety of staff development and school renewal activities.

During The Course Stareted

  • 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.
  • Chief Financial Officers (CFOs), finance directors and strategic planners.
  • Accountants and analysts.
  • Consultants, practicing Chartered Accountants (CA), Cost and Management Accountants (CMA).
  • Finance and accounting professionals.
  • Graduates/Post graduates who are a part of the finance/accounting team.

Participants will be provided access to the Learning Management System (LMS) for a year from the date of batch commencement, which includes:

  • Session presentations
  • Live online classes (Login from anywhere in the world).
  • Summary of standards
  • Session videos

Modules on difference between IFRS/ Ind AS/ Indian GAAP

  • Weekend Sessions
  • Case Laws and IFRS Implementation projects
  • Mock test
  • 75 hours session
  • Recorded sessions incase you miss any session.
  • Certificate of Participation from BDO and Simandhar Education.
  • The programme is based on the ‘Diploma in IFRS’ from ACCA syllabus.
  • It aims to prepare participants for the Diploma IFRS examination conducted by ACCA.
  • The programme covers seventy-five (75) hours of intensive and interactive Live Online training backed by recording of each and every session.
  • Sessions will be held during the weekends and will not only cover the topic but also differences between IFRS, US GAAP, Ind AS wherever applicable.
  • Monitoring test and mock examination shall be conducted to help students prepare well for the examination.