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CONTINUOUS LEARNING: A KEY TO CAREER DEVELOPMENT

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  The job market is evolving at an unprecedented pace. Automation, artificial intelligence, and digital transformation are reshaping industries, making traditional skills obsolete while increasing demand for new expertise. Employers today value more than just degrees; they prioritize adaptability, problem-solving skills, and a willingness to learn. Whether you aim to rise within your current job, transition to a new field, or launch your own business, committing to learning is key to achieving lasting success. By investing in up skill development , professionals can confidently navigate these shifts and remain competitive in their industry. Benefits of Continuous Learning: With rising competition across industries, s taying Competitive in the Job Market is necessary. Employers today are on the search for team members who can adapt to new technologies and demanding working trends. Continuous knowledge enhancement includes mastering new software, acquiring language skills, or develo...

IAS 38 Made Simple: Recognition of Intangible Assets for ACCA DipIFR Students

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  Background In previous blog we had seen what property, plant and equipment (PPE) is and its recognition and initial measurement principles under International Financial Reporting Standards (IFRS) as per IAS 16 – PPE. In this blog we will understand accounting for an equally important resource or asset for a business, however, which does not have physical substance, called as intangible asset. Intangible assets cannot be seen or touched because they lack physical substance for e.g. brands, copyrights, patents, trademarks, trade names, Customer relations etc. Intangible assets are crucial for businesses in some sectors because they provide competitive advantage, innovative capabilities and long-term value, in the business.   IAS 38 – Intangible assets under IFRS framework  provides the detailed accounting for such intangible resources. It provides in depth guidance on the topics like which resources can be considered as intangible assets (IA), when entity is eligible...

Query Resolution Sessions for Diploma IFRS Examination

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  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...

ACCA Diploma IFRS – an examination approach

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  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...