How can I study IFRS?
Being me in your shoes, I would start my IFRS learning as a step-by-step process: Learn the basic structure of IFRS….1. Learn the basic structure of IFRS
- Framework for the Preparation and Presentation of Financial Statements.
- International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS)
What is IFRS training?
IFRS Courses stands for (International Financial Reporting Standards), are training programs that are available as IFRS certification and Diploma in IFRS. IFRS Course is specially designed for people who are working or want to work in the field of accounting, auditing, financial statement analysis, budgeting, etc.
What are the contents of IFRS?
IFRS financial statements consist of:
- a statement of financial position (balance sheet)
- a statement of comprehensive income.
- a statement of changes in equity.
- a statement of cash flows.
- notes, including a summary of the significant accounting policies.
Is Diploma in IFRS difficult?
In a nutshell, it will take around 4-5 months to prepare yourself well for the ACCA Diploma IFRS examination. Diploma IFRS is a widely accepted qualification and thus, should not be considered as a cake walk. It is thus important not to take it casually as well as not to be nervous at the same time.
How long does it take to complete IFRS?
Where can I read IFRS?
Deloitte’s IAS Plus (www.iasplus.com) is one of the most comprehensive sources of global financial reporting news on the web. It is a central repository for information about IFRS Standards as well as the activities of the Board.
How many exams are there in IFRS?
The exam is held twice a year – in June and December at ACCA’s exam centres. The exam is split into 4 x 25 marks questions.
Can I do IFRS after ACCA?
And if you are working in practice but not qualified yet, you may still be eligible for DipIFR, one of the following needs to be proved to be eligible for Diploma In IFRS By ACCA: Two years of relevant accounting experience and a degree, attracting at least ACCA qualification exemptions F1-F4.
What is IFRS in simple words?
Overview. International Financial Reporting Standards (IFRS) are a set of accounting standards that govern how particular types of transactions and events should be reported in financial statements. They were developed and are maintained by the International Accounting Standards Board (IASB).
What is IFRS example?
International Financial Reporting Standards (IFRS) are a set of accounting rules for the financial statements of public companies that are intended to make them consistent, transparent, and easily comparable around the world. IFRS currently has complete profiles for 166 jurisdictions.
What is the IFRS e-learning course?
This e-learning course is part of an e-learning series designed by PwC which aims to provide a comprehensive overview of the application of IFRS (IAS) standards to finance and accounting experts who are already familiar with fundamental accounting and reporting processes.
Why study in IFRS 9 – basics to expert?
In IFRS 9 – Basics To Expert, you will gain a deeper understanding of “IFRS 9 and get insights on practical aspects of AS 9. IFRS Financial Reporting covers conceptual details of various IAS and IFRS standards in-depth.
What is the IFRS ® Foundation?
The IFRS ® Foundation supports academia and professional accounting institutes with equipping students to apply principle-based standards issued by the International Accounting Standards Board (Board).
What are the IFRS for SMEs modules?
IFRS for SMEs modules. The IFRS Foundation has developed stand-alone modules, one for each section of the 2015 version of the IFRS for SMEs Standard. These modules are designed to provide support to anyone learning about, applying, or reading financial statements prepared using, the IFRS for SMEs Standard.