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DipIFR Course Outline

The Diploma in International Financial Reporting Standards (DipIFR) by Association of Chartered Certified Accountants (ACCA) is an advanced qualification designed for finance professionals aiming to deepen their expertise in International Financial Reporting Standards. It equips learners with the knowledge and practical skills needed to interpret and implement IFRS in complex financial reporting scenarios.

This program is ideal for those preparing financial statements for multinational organisations or aspiring to work in globally connected finance roles. By the end of the course, participants will master IFRS principles and their application, positioning themselves as specialists in international financial reporting.

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    Why WingsWay?

    WingsWay Training Institute, a globally recognised and trusted training centre, ensures you receive top-quality education and recognition for your efforts.

    Our commitment to exceptional private education has earned endorsements from the Knowledge and Human Development Authority (KHDA) and ISO 9001:2015 certification from the International Accreditation Forum (IAF). WingsWay also offers CPD-SO-accredited training that meets rigorous international standards for training course content, structure, and outcomes.

    WingsWay has been honoured with the title of ‘Best Training Institute‘ on two occasions and has received the ‘Outstanding Organisation Award‘. Our training services have garnered recognition from students across more than 85 nationalities , reflecting our commitment to quality and excellence in education.

    Course Content

    • Module 1: Introduction to IFRS and Conceptual Framework
    • Module 2: Presentation of Financial Statements
    • Module 3: Accounting Policies, Changes in Estimates, and Errors
    • Module 4: Revenue Recognition (IFRS 15)
    • Module 5: Property, Plant, and Equipment (IAS 16)
    • Module 6: Leases (IFRS 16)
    • Module 7: Financial Instruments (IFRS 9)
    • Module 8: Impairment of Assets (IAS 36)
    • Module 9: Employee Benefits (IAS 19)
    • Module 10: Consolidated Financial Statements (IFRS 10)
    • Module 11: Foreign Currency Transactions (IAS 21)
    • Module 12: IFRS for Small and Medium Enterprises (SMEs)

    Key Topics

    • IFRS conceptual framework
    • Preparing consolidated financial statements
    • Revenue and lease accounting
    • Financial instruments and asset impairment
    • Foreign currency transactions and translation
    • IFRS application for SMEs

    Learner’s Profile

    This course is suitable for:

    • Finance and accounting professionals seeking advanced IFRS knowledge.
    • Professionals preparing for ACCA’s Diploma in IFRS certification.
    • CFOs, auditors, and financial controllers responsible for complex financial reporting.
    • Finance professionals in multinational organizations.

    Career Oppotunities

    • Financial Reporting Specialist
    • IFRS Consultant
    • Auditor
    • Financial Analyst
    • Chief Financial Officer (CFO)
    • Compliance Officer
    • Corporate Accountant

    Course Duration

    40 hours

    Entry Qualification

    • A basic understanding of accounting principles
    • Minimum two years of relevant professional experience in financial reporting
    • Bachelor’s degree in accounting, finance, or related field
    • ACCA or equivalent professional qualifications (optional but beneficial)

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