Diploma In International Financial Reporting Training

The Diploma in Financial Reporting is a credential offered by the ACCA, the globally recognized accountancy body. DipIFR is a reflection of a professional’s expertise to apply the IFRS for an organization to gain social, economic, and political support in the areas of operation and management. 

ACCA stands for Association of Chartered Certified Accountants and is a globally recognized center for financial studies and training. It offers plenty of accountancy certifications and a credential from ACCA is a reflection of the holder’s expertise in the given area. 

International Financial Reporting Standards define a set of globally accepted standards that are used by organizations to make their company accounts and financial reporting understandable across geographies and cultures. This is especially useful for multinationals who have a presence in various locations across the world and are required to conform to the political laws of geography. 

Training: 

You should be a practicing professional accountant or auditor, qualified according to national accounting standards to take this diploma.

If you are working in practice but not qualified, you may still apply for the diploma if you satisfy these requirements:

• Three years' relevant accounting experience (by submitting a letter from your employer)
• A relevant degree plus two years' work experience
• An ACCA Certificate in International Financial Reporting plus two years' work experience 

Certification: 

The DipFIR is a certification provided by the ACCA (Association of Chartered Certified Accountants), the global body for professional accountants. 

The Exam: 

The DipIFR is a single three-hour written exam, split into two sections. It is held twice a year in June and December.  

The prerequisites are mandatory for applying for the exam. Alternatively, if you do not meet the eligibility criteria for DipIFR, you can consider ACCA’s online certificate in international financial reporting for SMEs (CertIFRS for SMEs). 

To find out more information, visit the CertIFR page.

ACCA requires its members in active professional roles to obtain and maintain continuing professional development (CPD) units. To learn more about this, please visit: https://www.accaglobal.com/in/en/member/cpd.html.

This course is ideal for professional accountants or those involved in auditing and finance in their enterprise. 

By the end of the course, you will have the following:

• Thoroughly prepare for the Diploma in International Financial Reporting 
• Understand the structure of framework and principles of international accounting 
• Become well-versed in accounting standards that is accepted in more than 113 countries 
• Develop financial reports according to globally accepted standards 
• Identify and apply disclosure requirements to earn customer trust and loyalty 
• Prepare financial statements that will help gain economic and political support 

This is a single three-hour written exam, split into two sections. It is held twice a year in June and December. 

The Finance for Non-Finance Managers workshop at KnowledgeHut is delivered through an immersive learning experience platform, via live and interactive instructor-led training sessions.

Listen, learn, ask questions, and get all your doubts clarified from your instructor, who is an experienced practitioner.  

The instructors of this course by KnowledgeHut are industry experts and trainers who themselves have certifications and are a part of organizations actively practicing in the industry.  

Our course focuses on engaging interaction. Most class time is dedicated to fun exercises, lively discussions, and team collaboration - all facilitated by the trainer. The focus is on practical solutions to real-world challenges drawn from decades of experience.  

Yes, your course material will be provided in advance. You will receive an email with a link to set your password a few days in advance of the scheduled course. You will have access to the study plan and all the course material.  

The course material comprises of the course schedule or study plan, workbooks and all relevant assignments, assessments, or case studies.  

The sessions would be auto recorded on our LMS, subject to permission by the instructor. Based on the permissions, you would have lifetime access to the video recordings of the sessions as well. 

No, you will not yet be able to join the training through phone or tab. Please be prepared to join the training on your laptop or desktop.  

If you miss a class, you can access the recordings of the sessions, provided that the instructor has permitted recordings. At the beginning of every session, there will also be a 10-12-minute recapitulation of the previous class.   

This is an instructor-led live training workshop. 

We currently use the Zoom platform for video conferencing and will soon be adding more integrations with Webex and Microsoft Teams. However, all the sessions and the recordings will be available right from within our learning platform. Learners will not need to wait for any notifications or links or install any additional software.  

Should you have any more questions, please email us on support@knowledgehut.com and we will be happy to get back to you.  

You can cancel your enrolment and receive refunds in line with our Cancellations and Refunds policy found at https://www.knowledgehut.com/refund-policy.  

Yes, you may switch your start date with prior notice of at least 24 hrs. and subject to availability in the desired batch.  

Yes, group discounts are available and apply to groups as small as three (3) participants. The more participants that attend a training course, the greater the discount. By registering in groups, you can typically save up 20% to 30% on the course fee. For more details, please check out upcoming schedules.  

Yes, instalment options are available for payment of course fees. To avail the instalment option, please get in touch with us at support@knowledgehut.com. The team will explain how the instalments work and provide timelines for your case. Typically, the number of instalments varies from 2 to 3, but the full amount must be paid before you complete the course.