Diploma in IFRS
About Diploma in International Financial Reporting
Diploma in International Financial Reporting (DipIFR) is an international qualification in IFRS developed by the leading professional accounting organisation – Association of Chartered Certified Accountants (ACCA) – which helps to develop knowledge in the area of International Financial Reporting Standards (IFRS).
Participants in the DipIFR programme will gain:
- extensive knowledge and understanding of the main principles and framework of IFRS;
- IFRS reporting skills, including the consolidation of financial statements;
- knowledge for the practical application of IFRS
Who should study DipIFR
- All professionals working in accounting, audit and finance who want to take a qualification exam in International Financial Reporting.
- Those who want to broaden their knowledge of the theoretical and practical aspects of IFRS.
- Finance professionals qualified in accordance with national accounting standards but not experienced in IFRS.
- Those who want to prepare themselves thoroughly for the DipIFR exam.
Benefits of studying DipIFR with The Academy
- Preparatory course led by PwC professionals who are ACCA-qualified and have long standing teaching experience and extensive experience in IFRS practical application.
- Study materials, included in course price, developed by PwC experts and full support from the tutors.
- A comprehensive study plan for the final exam and a mock exam, including the tutor assessment.
- Participants of our preparatory courses achieve high pass rates (approx. 30% above the global average).
- Possibility of combining with your ACCA studies under special conditions.
- Administrative support in the process of registering for an exam.
Part 1: 7-10 April 2015
Part 2: 4-7 May 2015
Mock: 5 June 2015
Preparatory course for DipIFR exam - spring 2015
The Academy: Registration
Both the preparatory course and exam are held in the English language. The standard training consists of 8 modularised days (7 hours of training per day) and includes:
- study materials developed by PwC experts (all materials are in the English language)
- a comprehensive study plan for the final exam
- advisory support of trainers for the period of the training course and up to the exam
- mock exam and interim tests marked by the tutor and returned to the students
Our courses are held in Prague twice a year and prepare students for December or June exam.
The exam is conducted in written form twice a year – in December and in June. You can choose to sit the examination in either the Prague or Brno examination centre. The standard entry closing date is 8 April for June exams and 8 October for December exams.
Important: These deadlines are the latest dates for the registrations. It is necessary to start the registration process in advance (ca. 20 days before the deadline) because there are several documents required by ACCA which need to be delivered and processed before registration confirmation.
The final examination lasts 3 hours and 15 minutes and consists of 2 parts, including both calculation and essay questions (every question is graded on a 25-point scale):
- part A – max. 25 points (one compulsory question which can include an essay question)
- part B – max. 75 points (the participant must answer 3 out of 4 questions offered)
The participant needs to get a minimum of 50 points in total to pass the exam.
Practitioners are required to submit official documentation proving one of the following:
- Diploma in professional accounting or audit, or
- 3 years on-the-job experience in the field of accounting or finance confirmed by your supervisor or coach in written form, or
- Diploma in higher education with a specialisation in professional accounting or audit and 2 years of on-the-job experience in the field of accounting or finance confirmed by your supervisor or coach in a written form
For DipIFR exam registration, it is necessary to pay an administration fee. This fee is payable directly to the ACCA account and it is not included in the price of PwC preparatory courses. The fee can be paid via credit card, bank draft or crossed cheque. Please note that should you not be able to attend the exam, this fee is only refundable in the event of serious medical circumstances. For more information about exam registration and fees, please visit ACCA website.