DipIFR Syllabus

A International sources of authority

  • The International Accounting Standards Board (IASB) and the regulatory framework

B Elements of financial statements

  • Revenue recognition
  • Property, plant and equipment
  • Impairment of assets
  • Leases
  • Intangible assets and goodwill
  • Inventories and construction contracts
  • Financial instruments
  • Liabilities – provisions, contingent assets and liabilities
  • Accounting for employment and post- employment benefits
  • Taxation in financial statements
  • The effects of changes in foreign currency exchange rates
  • Agriculture
  • Share-based payment
  • Exploration and evaluation expenditures

C Presentation and additional disclosures

  • Presentation of the statement of financial position, income statement and statement of comprehensive income
  • Earnings per share
  • Events after the reporting date
  • Accounting policies, changes in accounting estimates and errors
  • Related party disclosures
  • Operating segments
  • Reporting requirements of small and medium-sized entities (SMEs)

D Preparation of external financial reports for combined entities, associates and joint ventures

  • Preparation of group consolidated external reports
  • Business combinations – intra-group adjustments
  • Business combinations – fair value adjustments
  • Business combinations – associates and joint ventures