Diploma in IFRS (ACCA)

Who is DipIFR for?

The DipIFR programme is designed for professionals in accounting, audit, and finance who want to obtain an internationally recognised qualification in International Financial Reporting and broaden their knowledge of the theoretical and practical aspects of IFRS.

The qualification is aimed at those who are currently working in an accounting environment or who have 2-3 years relevant work experience.

The need for experts in International Financial Reporting Standards (IFRS) is growing rapidly. IFRS are mandated for listed companies in more than 100 countries worldwide, including all companies in the European Union (EU) and their associates and subsidiaries.

Professional benefits of DipIFR

• A globally recognised qualification in international financial reporting standards.
• A fast and efficient solution to meet the increasing global need for qualified IFRS professionals.
• Increased career advancement opportunities and earning potential.
• Ability to broaden client base and provide professional services globally.
• Continuing education credits for ACCA members

DipIFR qualification overview

The Diploma in International Financial Reporting (DipIFR) is assessed by a single three-hour and 15-minute exam administered as a computer-based examination (CBE).

The exam is held twice a year - in June and December at ACCA's exam centres.

The DipIFR is designed to be achievable with 3-6 months of exam preparation.

Pass mark: 50%

The key topic areas of the syllabus are as follows:

• International sources of authority
• Elements of financial statements
• Presentation of accounts and additional disclosures
• Preparation of external reports for combined entities, associates, and joint arrangements

Eligibility requirements

Eligibility requires that you meet the terms of a) or b)

a) work as a qualified professional accountant or auditor in practice or business

b) provide verification for one of the following:

• Two years' relevant accounting experience and a relevant degree (attracting at least ACCA qualification exemptions for the Applied Knowledge and Corporate and Business Law (LW) exams)
• Two years ‘relevant accounting experience and an ACCA Certificate in International Financial Reporting
• Three years' relevant accounting experience
• ACCA affiliate status

DipIFR Syllabus from ACCA

For more details about the material and skills covered, see the DipIFR Syllabus and Study Guide from ACCA

Programme Structure

Altium Training is an ACCA Approved Learning Provider.

Altium Training provides annual preparation programmes for both the June And December exams as follows:

• February-May for the June exam
• December-May for the June exam
• May–November for the December exam
• September-November for the December exam

The programme is designed to meet the DipIFR objectives:

• understand and explain the structure of the framework of international accounting
• 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 ventures

Tuition Hours, Class format, and Materials

• Tuition Hours: Each programme includes 88 hours of tuition and exam preparation. All classroom meetings are scheduled for weekend or evening hours.

• Class Format: The programme may be attended in person in class, live online, recorded online or blended (a combination). Please note that in class attendance is subject to government and building COVID-19 regulations.

• Course materials include Altium exclusive study notes and handouts, textbook and practice/ revision materials from BPP-an ACCA Approved Content Provider, past exams, and a mock exam.

Tuition Fees

See our DipIFR brochure for 2022-2023 tuition fees, or call us for early registration offers.