International Financial Reporting Standards (IFRS) are global rules of finance to prepare and present statements. These standards ensure consistency in accounting procedures, which facilitates the understanding and comparison of financial accounts across national boundaries.    IFRS was designed by the International Accounting Standards Board in 2003 and is accepted by over 168 countries worldwide. IFRS has become the worldwide standard for accounting over time.   In this article, we will learn more about the impact, and benefits of IFRS. The Purpose of International Accounting Standards Well, today is the age of the Global economy where capital flow and cross-border transactions are very important. Presently, one in three transactions are international and that proportion is only going to increase. Companies regularly raise capital, do business abroad, or have investments across the world and investors are looking to invest globally more ...

  As a part of our continuous efforts to support our students, we conduct two online ‘Query Resolution Sessions’ prior to every  ACCA DipIFR examination attempt . The objective of these sessions is to discuss and clear technical doubts with respect to the Diploma IFRS examination and assist every student to make their DipIFR learning experience easy and hassle-free. Based on past experience, students benefit from the sessions as follows: a. A platform is provided for students to actively discuss their technical doubts and clear their conceptual queries. b. Comprehensive understanding of the syllabus and the exam pattern. c. Assistance in better preparation for the examination Interested students are required to  register  on the link provided over email. Prior registration is mandatory for attending the sessions. These sessions are part of the study/course package and hence, no extra charges are levied. Topics for the respective query sessions as below: Topics for Se...

  DipIFR Live Online Weekend batch starting from 15 July 2023 (Saturday – 6 hours, Sunday – 3 hours); Live online batch aims December 2023 and June 2024 examination of ACCA Diploma IFRS Live online training program on Diploma IFRS covers: 1.      78 hours interactive live online sessions 2.      Access to the recorded sessions on mobile app until Dec. 2023 examination 3.      Pen drive for 27 hours of video lectures with 2 views or 06 months validity 4.      Study material (Study text, question bank, training slides handout book) 5.      Ock examination (Self-evaluation; marking scheme will provided separately) 6.      Discount to FinPro students on ACCA registration and examination fees 7.      Study material will be dispatched on the postal address mentioned in registration details   DipIFR Recorded Sessions   ...