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Diploma In International Financial Reporting Training in Dammam, Saudi Arabia
Rated 5/5 based on 80 customer reviews

Diploma In International Financial Reporting Training in Dammam, Saudi Arabia

Master globally accepted accounting principles for better organizational and career prospects!

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Modes of Delivery

Online Classroom

Collaborative, enriching virtual sessions, led by world class instructors at time slots to suit your convenience.

Team/Corporate Training

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Description

As borders melt and businesses become global, there has arisen the need for a common set of standards that are universally acknowledged, adopted, verifiable and accessible. When it comes to accounting, there is the IFRS (International Financial Reporting Standard), the de facto standard that defines globally accepted accounting principles.

As a financial professional seeking to work or working in a MNC, you will be required to have a through grasp of the structure and principles that comprise this framework. The DipIFR by ACCA is a well-recognized credential that is a reflection of your expertise to apply the IFRS and help your company gain social, economic, and political support in the areas of operation and management.

Our workshop helps you prepare for this credential while also giving you the practical expertise to develop financial statements that will help the organization in operations, gain investor support, better manage subsidiaries and trade unions, and harmonize workflow.

What you will learn to do:
  • 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

You will also get:

  • Downloadable courseware
  • Full exam prep
  • Post workshop support

Key Features

Learn globally accepted accounting concepts and processes
Prepare for the Diploma in International Financial Reporting
Learn to apply the IFRS principles
Learn through examples and case studies
Develop financial reports according to globally accepted standards
Expert instructors with real-world accounting experience

Certification

Prerequisites:

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 requisites:

  • 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 assessment marks for the two sections are split as follows:

Marks

Section A

One ‘groups’ question

40

Section B

Three scenario questions of 20 marks each

60

Total

100

Curriculum

The course material helps candidates to prepare for the DIPIFR Exam.
Candidates will learn how to apply the International Financial Reporting Standards, and gain an understanding of the concepts and principles that underpin these standards.
  • Comprehend and explain the fundamentals and structure of the framework of international accounting
  • Learn how to apply appropriate financial reporting standards to the main elements of financial reports
  • Find out and apply disclosure requirements for companies in financial reports and notes
  • Create detailed group financial statements (excluding group cash-flow statements) including subsidiaries, associates and joint ventures

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KnowledgeHut Course was designed with all the basic and advanced concepts. My trainer was very knowledgeable and liked the way of teaching. Various concepts and tasks during the workshops given by the trainer helped me to enhance my career. I also liked the way the customer support handled, they helped me throughout the process.

Attended PMP® Certification workshop in May 2018

I would like to extend my appreciation for the support given throughout the training. My special thanks to the trainer for his dedication, learned many things from him. KnowledgeHut is a great place to learn and earn new skills.

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The customer support was very interactive. The trainer took a practical session which is supporting me in my daily work. I learned many things in that session. Because of these training sessions, I would be able to sit for the exam with confidence.

Attended Agile and Scrum workshop in May 2018

I was totally surprised by the teaching methods followed by Knowledgehut. The trainer gave us tips and tricks throughout the training session. Training session changed my way of life.

Attended Agile and Scrum workshop in May 2018

Trainer at KnowledgeHut made sure to address all my doubts clearly. I was really impressed with the training and I was able to learn a lot of new things. It was a great platform to learn.

Attended PMP® Certification workshop in May 2018

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The trainer took a practical session which is supporting me in my daily work. I learned many things in that session with live examples.  The study materials are relevant and easy to understand and have been a really good support. I also liked the way the customer support team addressed every issue.

Attended PMP® Certification workshop in May 2018

I was totally surprised by the teaching methods followed by Knowledgehut. The trainer gave us tips and tricks throughout the training session. Training session changed my way of life. The best thing is that I missed a few of the topics even then I have thought those topics in the next day such a down to earth person was the trainer.

Attended Certified ScrumMaster®(CSM) workshop in May 2018
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Frequently Asked Questions

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 centre for financial studies and trainings. Its 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 the geography.

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

The exam is split into two sections. Section A is a single 40-mark question and section B is split into 3 scenario-based questions of 20 marks each.

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

The pass mark for this qualification examination is 50%.

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

KnowledgeHut holds this training as a classroom workshop throughout the year in its various centres. Our faculty are dedicated professionals with years of corporate experience and a passion for igniting minds.

The trainers are highly qualified and certified instructors with 20+ years of experience to deliver classroom training.

It is easy to enroll for classroom training online. There are several options to pay either through your debit/credit card that includes Visa Card, MasterCard; American Express or - via PayPal. Payment receipt will be issued to the candidate automatically by email.

Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding). Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details: https://www.knowledgehut.com/refund

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

Please send in an email to support@knowledgehut.com, and we will answer any queries you may have!

Diploma In International Financial Reporting Course in Dammam

Dammam is the capital and largest city of the Eastern Province of Saudi Arabia. Dammam and its suburbs together form the Dammam metropolitan area which is also known as the Greater Dammam. King Abdul Aziz Sea Port of Dammam is largest in the Persian Gulf which has major import-export traffic. The Saudi oil industry has its administrative centre located in Dammam. The Dammam-Dhahran-Khobar has become a leading hub for oil, shipping, commerce and industries. All the industries small-scale, large-scale, global or local have accountancy as a dominant subject when it comes to tracking financial performance of the businesses. Establishment of major industries in the city has led to ample job opportunities particularly for finance professionals.

New Alternative

 The current in-demand trend is of acquiring a Diploma in International Financial Reporting in Dammam. The International Accounting Standards Board (IASB) has developed the International Financial Reporting Standards (IFRS) as a common global language of accountancy which makes the comparison and interpretation of financial statements across the world easier and understandable. A Diploma in International Financial Reporting course in Dammam is for accountants, auditors, finance managers, finance analysts or any business finance professionals.

Keeping Ahead of the Curve

 A Diploma in International Financial Reporting in Dammam is a well-recognized credential which helps you understand the structure & framework of IFRS, application of principles of IFRS to develop financial statements and identification of disclosure requirements in accordance with IFRS. With businesses becoming global, IFRS has gained prime importance in today’s competitive business scenario so pursuing a Diploma in International Financial Reporting course in Dammam will definitely set you apart.

 KnowledgeHut Empowers you

 A Diploma  in  International  Financial  Reporting  Training online provided  by  KnowledgeHut, will help  you  enhance  your  skill  set  on  financial  reporting  and  develop  a  strong  foundation  of international  accounting  standards.  The  training  consists  of  workshops,  instructor-led training programs  and  group/private  sessions.  KnowledgeHut  conducts  a Diploma  in  International Financial  Reporting  course  in  Dammam  which  comprises  of  extensive course material  and expert  faculty  with  prominent  finance  experience  that will  help  you  prepare  for  the exam and complete the certification successfully at an affordable price.

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