• GT Bharat & Learning & Development Academy

ACCA's diploma in IFRS

ACCA's diploma in IFRS

Our Diploma in International Financial Reporting (DipIFR) is ideal for finance professionals who need to acquire a more detailed understanding of International Financial Reporting Standards (IFRS).

The training programme is based on the syllabus of the Association of Chartered Certified Accountants (ACCA) Diploma in IFRS, which is a well-recognised and regarded qualification globally.

We will not only prepare you for the exam, along with IFRS, we will also cover its differences with the corresponding Indian Accounting Standards (Ind AS) and Indian Generally Accepted Accounting Principles (IGAAP) to help you learn the local reporting requirements and smoothly manage Ind AS implementation in India. We will also leverage our Firm’s rich experience in different domains across various industries and its knowledge base to share practical insights, helping you understand and learn complex concepts.

Outcome

After successful completion of this programme, participants should be able to:

  • prepare financial reports: as per requirements under Ind AS and IFRS
  • understand complex financial reporting standards like financial instruments, consolidation, share-based payments, etc.
  • understand the accounting and disclosure requirement for new standards: IFRS 15 - Revenue from Contracts with Customers and IFRS 16 - Leases
  • prepare group financial statements with subsidiaries, associates and joint arrangements

Who should attend

  • Qualified Chartered Accountants
  • CA students
  • Management accountants
  • MBA (finance)
  • Professionals working in finance and accounts
  • Graduates

Fees, schedule and exam dates

Fees

INR 24,000 per participant (excluding taxes)

Exclusions:

ACCA Exam fees of GBP 185, which is to be paid directly to ACCA at the time of registration for the exam. Please do refer the ACCA website for more details.

Exam dates

DipIFRS exam happens twice a year in June and December

Schedule

City Schedule Venue Contact
Delhi Programme starts in February 2020 Grant Thornton
6th floor, Worldmark 2, Aerocity, New Delhi, Delhi - 110037		 Rohit Gupta
9891395363
Bangalore Programme starts in March 2020 Grant Thornton
5th Floor, 65/2, Block A, Bagmane Tridib, Bagmane Tech Park, C V Raman Nagar, Bengaluru - 560 093		 Rohit Gupta
9891395363
Mumbai Program starts in February 2020 Grant Thornton
16th Floor, Tower II, Indiabulls Finance Centre, S B Marg, Elphinstone (W), Mumbai - 400013		 Rohit Gupta
9891395363
Rest of India (online live) Programme starts in March 2020 Online Live training Pradeep Pandey
7838000185

Programme deliverables

  • 80 hours of live sessions on IFRS including difference with IGAAP and Ind AS
  • Handouts of our course material
  • Becker Study Material
  • Access to our Learning Management System (session recordings, quizzes and assessments)
  • Post-training support – query management and registration
  • Certificate of participation

Agenda

Session 1

9.30 AM - 1 PM
  • Introduction
  • IAS 1- Presentation of Financial Statements
  • IAS 8- Accounting Policies, Changes in Accounting Estimates and Errors

2 PM - 5.30 PM
  • IAS 16- Property, Plant and Equipment
  • IAS 38- Intangible Assets
Session 2

9.30 AM - 1 PM
  • IAS 23- Borrowing Costs
  • IAS 36- Impairment of Assets

2 PM - 5.30 PM
  • IAS 40- Investment Property
  • IAS 41- Agriculture
  • IAS 2- Inventories
Session 3

9.30 AM - 1 PM
  • IFRS 5- Non-current Assets Held for Sale and Discontinued Operations
  • IAS 20- Accounting for Government Grants and Disclosure of Government Assistance

2 PM - 5.30 PM
  • IFRS 16- Leases
  • IFRS 8- Operating Segments
Session 4

9.30 AM - 1:00 PM IST
  • IFRS 15- Revenue from Contracts with Customers

2:00 PM - 5:00 PM IST
  • IFRS 15- Revenue from Contracts with Customers (cont'd)
  • IAS 37- Provisions, Contingent Liabilities and Contingent Assets
  • IFRS 6- Exploration for and Evaluation of Mineral Resources
Session 5

9.30 AM - 1:00 PM IST
  • IAS 12- Income Taxes

2:00 PM - 5:00 PM IST
  • IFRS 2- Shared Based payment
  • IAS 33- Earnings per share
Session 6

9.30 AM - 1:00 PM IST
  • Group Accounting

2:00 PM - 5:00 PM IST
  • Group Accounting
  • Group accounting practice session
Session 7

9.30 AM - 1:00 PM IST
  • Financial Instruments

2:00 PM - 5:00 PM IST
  • Financial Instruments Contd.
  • IAS 21- The effects of changes in foreign exchange rates
Session 8

9.30 AM - 1:00 PM IST
  • IAS 19- Employee benefits
  • IFRS 13- Fair Value measurement

2:00 PM - 5:00 PM IST
  • IFRS 1- First time adoption of IFRS
  • IFRS for SME's
  • IAS 24- Related party disclosures
Session 9

9.30 AM - 2:30 PM IST
  • Practice session (Group Accounting)
Session 10

9.30 AM - 2:30 PM IST
  • Practice session (Other Standards)

Cancellation and refund policy

The refund policy in case of withdrawal of nomination would work as follows:-

  • A refund of 50% of the fee would be provided for cancellation requests received up to five working days before the training start date
  • Participants who cancel in less than five working days, or there is no show on the training date are  liable to pay the full course fee and would not be entitled to refunds.

Cancellations must be made via emails only. However desirous participants can be accommodated in the future batches of program, without paying anything extra. It is requested that willingness to attend any future program should be communicated at the earliest convenience.