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