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Diploma In International Financial Reporting Training in Jeddah, Saudi Arabia
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Diploma In International Financial Reporting Training in Jeddah, 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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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: https://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-policy

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 Jeddah

Jeddah,  a  port  city  on  the  Red  Sea,  is  a  major  urban  centre  of  western  Saudi  Arabia.  With  a population  of  over  3.4  million,  being  the  largest  city  of  Mecca  region,  second  largest  city  of Saudi Arabia after Riyadh and the largest sea port city, makes Jeddah a prominent commercial hub in Saudi Arabia. Jeddah is a primary gateway to the Islamic holy cities Mecca and Medina. The  oil  industries,  insurance,  business  services  and  finance  are  the  major  strengths  of  the Jeddah  economy.  All  these  businesses  local  or  global,  small  scale  or  large  scale  have  one dominant aspect i.e. accountancy that tracks all the financial activities, which has ultimately led to a pool of potential job opportunities for finance business professionals. 

A New Alternative

 One  major  parameter  of  Finance  is  adopting  the  International  Financial  Reporting  Standards (IFRS).  The  International  Accounting  Standards  Board  (IASB)  has  developed  IFRS  as  a common  global  language  of  accountancy  which  makes  the  comparison  and  interpretation  of financial statements across the world easier.  So a Diploma in International Financial Reporting in  Jeddah  has  become  an  essential  and  much  sought-after certification.  A Diploma  in International  Financial   Reporting  course  in  Jeddah is  for  accountants,  auditors,  finance managers, finance analysts  or  any finance  professionals  to  obtain  a  detailed understanding  of IFRS terminologies.

Keeping Ahead of the Curve

 A Diploma in International Financial Reporting training in Jeddah is a well-recognized credential which  proves  your expertise on  the  structure & framework of  IFRS,  application  of principles  of IFRS   to   develop   financial   statements   for   your   organization   that   are   understandable   & comparable  globally  and  identification  of  disclosure  requirements  by  IFRS. A Diploma  in International  Financial  Reporting  in  Jeddah  is  facilitated  by  KnowledgeHut  which  is  a  leading provider of professional certification courses.

KnowledgeHut Empowers You

A Diploma  in  International  Financial  Reporting  training  in  Jeddah, provided  by  KnowledgeHut, will  help  you  enhance  your  skill  set  on  financial  reporting  and  develop  a  strong  foundation  of international  financial  standards.  KnowledgeHut  conducts  a Diploma  in  International  Financial Reporting  course  in  Jeddah comprising  of  instructor-led training programs,  extensive course material and expert faculty that will help you prepare for the exam and complete the certification successfully at an affordable price.

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