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live batch starting 4th March

About Diploma in IFRS

Diploma in IFRS is the qualification on IFRS offered by the ACCA (Association of Chartered Certified Accountants). The qualification is a bespoke qualification offered testing participants' knowledge on various IFRS / IAS and including testing on Conceptual Framework.

The qualification assesses a participants' understanding of concepts and application on different standards.

For Registration:

Call: +91 8800145588


Examination pattern

The examination comprises of 4 questions (25 marks each). The first question is compulsory testing a participants' knowledge on Group financial statements (expecting the participants to prepare a group balance sheet (SOFP) or profit or loss statement. The questions does not expect the participants to explain the solution (concepts), however, would require workings and calculations to be done for the final solution.

The other 3 questions (parts of those questions) may test participants' knowledge on different standards through various concepts and explanations along with workings.

who is it meant for

Professional accountants and auditors working in practice and industry and qualified in national accounting standards are eligible to take the qualification.

Practitioners not yet qualified, but who can verify at least one of the following, are also eligible:

  • Membership of an Accountancy Professional Body

  • A relevant degree (B Com) plus two years' relevant work experience in an Accounting environment

  • Three years' relevant work experience for other than B Com

  • ACCA Affiliate

  • ACCA Diploma in Financial Management (or Certified Diploma in Accounting & Finance)

  • ACCA Certificate in International Financial Reporting plus two years relevant work experience.

examinable topics

Accounting for Assets

IAS 2 Inventories

IAS 16 Property, Plant and Equipment

IAS 36 Impairment of Assets

IAS 20 Accounting for Government Grants and Disclosure of Government Assistance

IAS 23 Borrowing Costs

IAS 38 Intangible Assets

IAS 40 Investment Property

IFRS 5 Non-current Assets Held for sale and Discontinued Operations

Presentation and Disclosures

The Conceptual Framework for Financial Reporting

IAS 1 Presentation of Financial Statements

IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors

IAS 10 Events After the Reporting Period

IAS 24 Related Party Disclosures

IAS 33 Earnings per Share

IFRS 1 First-Time Adoption of International Financial Reporting Standards

IFRS 8 Operating Segments


Accounting for Liabilities

IAS 12 Income Taxes

IAS 19 Employee Benefits

IAS 21 The Effects of Change in Foreign Exchange Rates

IAS 37 Provisions, Contingent Liabilities and Contingent Assets

IFRS 2 Share-based Payment

Group Financial Statements

IAS 27 Separate Financial Statements

IAS 28 Investments in Associates and Joint Ventures
IFRS 3 Business Combinations

IFRS 10 Consolidated Financial Statements

IFRS 11 Joint Arrangements

IFRS 12 Disclosure of Interests in Other Entities

Financial Instruments

IAS 32 Financial Instruments: Presentation

IFRS 7 Financial Instruments: Disclosure
IFRS 9 Financial Instruments

Other Areas

IFRS 15 Revenue from Contracts with Customers

IFRS 16 Leases

IAS 41 Agriculture

IFRS 6 Exploration for and Evaluation of Mineral Resources

IFRS 13 Fair Value Measurement

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