Diploma IFRS FastTrack Revision Batch Starts From 7th May 2022 | Enroll Now - Classified Ad

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Diploma IFRS FastTrack Revision Batch Starts From 7th May 2022 | Enroll Now - Classified Ad

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ACCA Diploma in IFRS June 2025 Exam: Fees, Dates, Study Tips & Complete Guide

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  The ACCA Diploma in IFRS (DipIFR) is a globally recognized qualification designed for finance professionals looking to enhance their understanding of International Financial Reporting Standards (IFRS). The upcoming June 2025 IFRS exam is a great opportunity for candidates to advance their careers in accounting and financial reporting. Here’s everything you need to know about the June 2025 DipIFR exam :  1. Exam Date The ACCA Diploma in IFRS examination is expected to be held on the 05 th & 06 th of June-25 . Candidates should keep an eye on the ACCA website/email for updates. 2. Registration Deadlines Candidates must register for the exam within the specified deadlines. The expected registration deadline for the June 2025 IFRS is on/before 07-April-2025. Standard Registration : Closes approximately 2 months prior the exam date How to Register? Visit the official ACCA website. Create an ACCA account or log in. Fill out the DipIFR registration f...
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Recognition and Initial Measurement of Property, Plant and Equipment (PPE) as per IAS 16

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  T ngible fixed asset is a key resource for any business and generally represents a significant portion of the net worth captured on the balance sheet. These fixed assets help businesses to run its operating activities and thereby generating revenue. Apart from generating future economic benefits, amount of such tangible assets is also used in various vital ratios which are regularly analysed by the users of financial statements. IAS 16 -“Property, Plant, and Equipment” (PPE), is a basic and vital International Financial Reporting Standard (IFRS) that provides guidelines on the accounting of tangible fixed assets. IAS 16 provides the accounting principles for recognition, initial and subsequent measurement, presentation, derecognition and disclosure for the PPE in the financial statements. In essence, IAS 16 provides in depth guidance on the topics like when to recognise PPE in the financial statements, how to measure asset initially i.e. measurement basis (viz. cost), which expen...
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Everything you need to know about IFRS

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  What is and why IFRS? International Financial Reporting Standards (IFRS) : IFRS is a financial reporting framework that is reliable, transparent, and can be comparable across the other companies around the globe. Prior to IFRS, every country had different Generally Accepted Accounting Principles (GAAP) i.e., financial reporting framework for businesses in their own country. With globalization, it was becoming difficult to undertake cross border transactions, investments, raise funds etc. because it was difficult to understand financial statements prepared in different GAAP. To bring harmony in the accounting language and bring ease in doing business internationally, the International Accounting Standards Committee (IASC) was established in the year 1973 and started developing the International Accounting Standards (IAS). They formulated IAS 1 to 41 and SICs. However, their work was not spread and was not used by the companies across globe. The structure of IASC was required to be...
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