Who should attend?

• Chartered Accountants, Company Secretaries, management accountants and other finance professionals
• Accountants, Finance Managers, Chief Accountants
• Private Equity and M&A professionals
• MBA finance working in accounting domain
• Semi Qualified- CA, CS, Management Accountants working in accounting domain
• Any student/ professional keen to upskill themselves in the IFRS domain

Objective of ACCA’s Diploma in IFRS

On successful completion of the course, candidates should be able to:

• Understand and explain the structure of the framework of IFRS
• 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 including subsidiaries, associates and joint ventures

Why EY’s IFRS Learning?

• Theory meets practice in every session, making learning truly insightful and applicable.
• The program will encompass the recently introduced standards, specifically IFRS 18 – Presentation and Disclosure in Financial Statements and IFRS 19 – Subsidiaries without Public Accountability.
• Interactive Sessions on the implementation of Key Sustainability Standards and Metrics.
• Sessions will be delivered by Industry experts and senior professionals from member firms of EY.
• Global best practices and perspectives shared during the workshops to provide a holistic understanding of the industry challenges related to the transition to IFRS.
• Detailed coverage of differences between IFRS and Ind-AS.
• Upon successful completion of a comprehensive evaluation process, all the participants will be awarded an IFRS Certificate of Completion by EY.

Eligibility for registering with ACCA for Diploma in IFRS examination

The EY IFRS Course can be attended by graduates with accounting background. However, to register for the ACCA’s Diploma In IFRS program, the eligibility criteria are as follow:

• If you are a professional accountant or auditor who works in practice or business, and are qualified according to national accounting standards, then you are eligible to take this ACCA financial reporting qualification.
• If you are working professional, but not yet qualified, then you may still be eligible. You will need to prove that you have one of the following:
  • 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

ACCA’s Diploma in IFRS examination

Diploma In IFRS examinations are held twice every year in June & December. Diploma In IFRS is a program designed and owned by ACCA, its examination is conducted by ACCA. EY or its personnel have no role in the conduct or outcome of the Diploma In IFRS examinations.

Examination centres are in most of the major cities across the globe. Participants who wish to sit for Diploma In IFRS Exam conducted by ACCA will be required to additionally pay the exam fee directly to ACCA. For additional information on ACCA or Diploma In IFRS please visit www.accaglobal.com.

DipIFR will be examined by a single three-hour fifteen minutes computer-based exam, which is held twice a year in June and December at ACCA’s exam centres, including in India. The pass percentage for the exam is 50 per cent.

The exam contains a mix of computational and opinion-based questions. Some questions adopt a scenario/case study approach. The assessment will be held at various centres globally.

Successful candidates shall be awarded a ‘Diploma in International Financial Reporting’ by ACCA.

Program coverage (Standards covered)

Program deliverables

• Virtual Instructor led Training of 70 hours through MS Teams - 14 sessions of 5 hours each (VILT)
• Real time doubt solving through live interaction
• BPP Hard copy learning material –study text and revision kit, an ACCA approved content provider
• EY presentations and publications
• Access to EY Virtual Academy

Certificate

EY will award “Certificate of Completion” to participants who meet both of the following criteria:

• Secure 75% and above in the MCQs based EY IFRS Assessment.
  • Assessment will be of 1 hour comprising of 30 MCQ. Each participant will get 3 attempts.
• Attendance of 80% and above in the live online sessions.