ACCA Diploma IFRS – an examination approach
The ACCA Diploma in International Financial Reporting (DipIFR) is primarily intended for professional accountants working in practice and industry. Many professionals who are qualified in accordance with national accounting standards now need to develop technical awareness of International Financial Reporting Standards ® (IFRS Standards) because of the increasing global use of IFRS Standards including India. India Inc is now compliant with Indian Accounting Standards (Ind AS) converged with IFRS. The DipIFR has tried to bridge the knowledge gap regarding IFRS by providing an understanding on various topics of IFRS. Eligibility for examination: holders of a nationally recognised accounting qualification (for e.g. a Chartered Accountant in India); or those who have a relevant degree (B.Com. / M.Com.) plus two-years’ accounting work experience; or those who hold an ACCA Certificate in International Financial Reporting (CertIFR) plus two-years’ work experience or anyo