DIPLOMA IN INTERNATIONAL FINANCIAL REPORTING(DipIFR) awarded by ACCA

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Global Reach

ACCA is the world’s most forward-thinking professional accountancy body.

ACCA believe that accountancy is vital for economies to grow and pros-per, which is why we work all over the world to build the profession and make society fairer and more transparent. Organisations know and trust ACCA’s designation & qualifications.

ACCA has developed this DipIFR to enhance knowledge in International Financial Reporting Standards (IFRS) which are mandated in more than 100 countries worldwide. All listed companies in the European Union (EU) have to prepare consolidated company accounts that comply with IFRS. It also affects associates and subsidiaries of EU-listed companies.

Diploma in International Financial Reporting - ACCA DipIFR (UK)

Awarding Body

About the Programme

This DipIFR course is designed to develop your knowledge and understanding of International Financial Reporting Standards. You will also learn how to apply them, as well as the concepts and principles which underpin them.

On completion of the Diploma candidates should be able to:

• understand, explain and apply the IASB’s Conceptual Framework for Financial Reporting• 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 arrangements.

Fees ACCA DipIFR Exam Preparatory Course: BD 1,250 - (BD 350/- per module)

Notes: The fee is inclusive of tuition and study materials only. Registration, subscription and exam fees are payable directly to ACCA.

BIBF offers a comprehensive study programme and student support for ACCA DipIFR. Tuition (classroom training) is

available for all four modules and covers review of the syllabus and practice exams.

ExamsThe exams for Diploma in International Financial Reporting will be held twice a year in June & December. Exams for the CertIFR can be taken any time during the year.

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www.tamkeen.bh@ tamkeenbahrain

Call 1738 3333

To benefit from TAMKEEN’S PROFESSIONAL CERTIFICATION SCHEME please visit: http://www.tamkeen.bh/tpcs

Terms & Conditions apply.

Who will Benefit

The DipIFR is ideal for accountants, auditors and finance professionals already working in a reporting / auditing role who wish to gain or improve their IFRS knowledge, and obtain an international specialist qualification.

Eligibility Criteria

Professional accountants or auditors who work in practice or business, and qualified accountants or auditors are eligible to apply for this qualification.Applicants who wish to apply for the DipIFR Exam and are working in practice, but not yet qualified, may still be eligible, provided the following requirements are met:

• Two year’s relevant accounting experience (by submitting a letter from their employer) or• A relevant degree plus two years work experience or• ACCA’s Certificate in International Financial Reporting (CertIFR) plus two years work experience. or• Candidates who do not meet the above criteria may opt for the CertIFR Examination. or

• Request for an Attendance Certificate from BIBF.

Topics to be coveredModule 1- ACCA DipIFR Exam Format and Exam Technique

- Examiner’s Comments and Syllabus Description

- The IASB And The Regulatory Framework

- Conceptual Framework For Financial Reporting

- Presentation of Published Financial Statements (IAS 1)

- Tangible Non-Current Assets:

Property, Plant and Equipment (IAS 16)

Government Grants (IAS 20)

Borrowing Costs (IAS 23)

Investment Property (IAS 40)

- Non-Current Assets Held for Sale and Discontinued Operations (IFRS 5)

- Impairment of Assets (IAS 36)

- Inventories and Construction Contracts (IAS 2, IAS 11)

- Provisions, Contingent Liabilities and Contingent Assets (IAS 37)

- Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8)

- Intangible Assets (IAS 38)

- Principles of Consolidated Financial Statements

- Consolidated Statement of Financial Position

- Consolidated income Statement (IAS 27, IFRS 3, IFRS 10, IFRS 12)

- Accounting for Associates (IAS 28)

- Joint Arrangements (IFRS 11)

- Fair Value Measurement (IFRS 13)

- Financial Instruments (IAS 32, IAS 39, IFRS 7, IFRS 9)

- Exploration and Evaluation Expenditures (IFRS 6)

- Agriculture (IAS 41)

- Reporting for Small and Medium-sized entities

Module 2

Module 3- Leases (IAS 17)

- Taxation (IAS 12)

- Revenue Recognition (IAS 18)

- Earnings per Share (IAS 33)

- Events After The Reporting Period (IAS 10)

- Related Party Disclosures (IAS 24)

- Operating Segments (IFRS 8)

- The Effect of Changes in Foreign Currency Exchange Rates (IAS 21)

Module 4- Employee Benefits (IAS19)

- Share-Based Payment (IFRS 2)

- Final Revision of all topics: Practicing Past Exam Questions + Exam Technique

Note: The training is an intensive workshop. It is a combination of covering the theoretical and technical aspects, mainly by solving many Past Exam Questions

For further information, and to register:Please contact the Centre for Accounting & Finance

+973 1781 5555 / 6320

+973 1772 9928

Info@bibf.com or accounting@bibf.com

IFRS CENTRE OF EXCELLENCE

Leading Excellence in Accounting & Finance