Diploma in International Financial Reporting Standards (DipIFRS) is a professional qualification designed for finance and accounting professionals seeking advanced expertise in International Financial Reporting Standards (IFRS). The program develops practical knowledge of IFRS principles, financial statement preparation, presentation, disclosure requirements, and international reporting practices, enabling participants to produce compliant financial reports and support strategic financial decision-making in a global business environment.
The Diploma in International Financial Reporting Standards (DipIFRS) develops advanced knowledge of IFRS and its practical application in global financial reporting. Participants learn financial statement preparation, recognition and measurement, consolidation, revenue, financial instruments, leases, and taxation through practical case studies. The program equips finance professionals with the skills to ensure compliance, improve reporting quality, and support informed financial decision-making.
| Feature | Details |
|---|---|
| Awarding Body | ACCA |
| Mode of Study | Live Online, Self-Study, One-to-One Coaching |
| Exam Format | Computer-Based Examination (CBE) |
| Exam Duration | 3 Hours 15 Minutes |
| Passing Score | 50% |
| Exam Sessions | June and December |
Berkeley School of Business, Arts & Sciences
The DipIFRS program aims to develop skilled finance professionals with advanced IFRS expertise. It combines technical knowledge and practical application to support compliant financial reporting, transparency, regulatory compliance, and effective financial decision-making in global business environments.
This module introduces the International Financial Reporting Standards framework, the role of the IASB, conceptual principles of financial reporting, and the objectives of globally accepted accounting standards. Participants develop a strong foundation for applying IFRS in practice.
Introduction to IFRS
IASB Framework and Standard Setting
Conceptual Framework for Financial Reporting
Financial Statement Objectives
Learn the principles governing the preparation and presentation of financial statements in accordance with IFRS, ensuring transparency, consistency, and comparability.
Statement of Financial Position
Statement of Profit or Loss
Statement of Cash Flows
Statement of Changes in Equity
This module examines the accounting treatment for tangible and intangible assets, inventories, impairment, and investment property under IFRS.
Property, Plant and Equipment
Intangible Assets
Inventories
Impairment of Assets
Understand the recognition, measurement, classification, and disclosure requirements for financial instruments together with IFRS revenue recognition principles.
Financial Assets and Liabilities
IFRS 9 Financial Instruments
Revenue Recognition (IFRS 15)
Expected Credit Loss Model
Explore the accounting treatment of lease arrangements, provisions, contingent liabilities, and employee benefits in accordance with IFRS.
Leases (IFRS 16)
Provisions and Contingencies
Employee Benefits
Events After the Reporting Period
Learn how IFRS addresses current and deferred taxation together with foreign currency transactions and translation of financial statements.
Current and Deferred Tax
Foreign Currency Transactions
Exchange Differences
Hyperinflationary Economies
Develop expertise in preparing consolidated financial statements and accounting for acquisitions, subsidiaries, associates, and joint arrangements.
Business Combinations
Consolidated Financial Statements
Associates and Joint Ventures
Non-Controlling Interests
Examine specialized accounting standards covering agriculture, insurance, borrowing costs, government grants, and other industry-specific reporting requirements.
Borrowing Costs
Government Grants
Agriculture
Insurance Contracts
Understand disclosure requirements that improve financial transparency and support informed stakeholder decision-making.
Related Party Disclosures
Segment Reporting
Earnings Per Share
Interim Financial Reporting
Learn techniques for analyzing IFRS-based financial statements to evaluate organizational performance, financial position, and investment decisions.
Financial Statement Analysis
Ratio Analysis
Cash Flow Analysis
Performance Evaluation
Explore ethical responsibilities, corporate governance, professional judgement, and compliance with international financial reporting regulations.
Professional Ethics
Corporate Governance
Professional Judgement
Regulatory Compliance
The final module integrates IFRS knowledge through practical case studies, complex financial reporting scenarios, and comprehensive financial statement preparation to strengthen professional competence.
Integrated IFRS Case Studies
Complex Financial Reporting
Financial Statement Preparation
Final Professional Assessment and Review
Berkeley offers expertly developed learning materials tailored to meet participants' needs, ensuring comprehensive coverage of the syllabus and optimal exam preparation.
‣ Tailored Material: Guides are designed to cover the entire syllabus, offering full preparation and deep understanding.
‣ In-Depth Content: Unlike superficial outlines, our materials provide fully developed theories and concepts, equipping participants with complete knowledge.
‣ Strategic Study: We help participants prioritize study time by indicating the weight of each topic, allowing efficient focus on crucial areas.
‣ Difficulty Levels: Topics are labeled as "Awareness" or "Proficiency," guiding participants to allocate time based on the required depth of knowledge.
‣ Comprehensive Coverage: Our materials include detailed theory and a glossary of technical terms to clarify complex concepts.
‣ Effective Learning Techniques: Visual aids and memorization techniques ensure long-lasting retention, helping candidates succeed.
Berkeley’s methodologies equip participants with the essential knowledge and tools for both exams and future success.
Our lecture plan integrates structured learning with interactive teaching methods, promoting engagement and collaboration. In addition, this approach ensures a comprehensive understanding of concepts, fostering critical thinking and practical application in real-world scenarios
Practice sessions offer hands-on experience through guided exercises, enhancing skills and reinforcing knowledge. Moreover, this practical approach ensures mastery of concepts, promoting confidence and competence in real-world applications
Mock examinations of simulate real test conditions, providing valuable practice and assessment. In addition, this helps identify strengths and weaknesses, ensuring thorough preparation and boosting confidence for actual exams
Evaluates and ensure the quality of the training program and all its deliverables. This is measured through the following indicators:
‣ Instructors' experience and style in presenting and explaining topics.
‣ Variety and balance of teaching methods (such as discussions, case studies, mock exams and videos) used in the course to ensure retention and to match the learning objectives.
‣ Level of interactivity.
‣ Feedback from program participants
‣ Full compliance with Institute standards and guidelines for preparation and study requirements and methodology.
‣ Progress reports from the training program provider.
“As a strong advocate for education and human development, I commend Berkeley for its exceptional commitment to empowering future leaders. The institution stands as a symbol of excellence, innovation, and opportunity. Students who walk its halls are nurtured with knowledge, values, and vision—qualities that contribute to building a stronger and more prosperous future for our nation.”- H.H. Shaikh Khalifa Al Hamid
Alumni Benefits
‣ Exclusive Networking Events: Access invitations to industry-leading events and thought-leadership gatherings featuring renowned speakers.
‣ Monthly Updates: Stay informed with a newsletter highlighting the latest research, events, and activities from the school.
‣ LinkedIn Community Access: Join the Executive Education LinkedIn group for networking and professional development opportunities.
‣ Educational Discounts: Enjoy a 20% discount on open-enrollment programs and access to workshops focused on emerging trends.
‣ Global Alumni Network: Connect with a diverse alumni community through the Berkeley School’s online network and engage in country and interest groups.
The Diploma in International Financial Reporting Standards (DipIFRS) is a valuable professional qualification for accounting and finance professionals seeking expertise in International Financial Reporting Standards (IFRS) and global financial reporting.
UK: £50,000–£90,000+ per year
Middle East: AED 180,000–500,000+ per year
USA: USD 80,000–160,000+ per year
Asia & Africa: Competitive salaries based on experience, industry, organisational size, and financial reporting responsibilities.
The Diploma in International Financial Reporting Standards (DipIFRS) provides a clear pathway to senior accounting, financial reporting, and finance leadership roles across multinational corporations, financial institutions, audit firms, and consulting organizations. Graduates can progress into positions such as Financial Accountant, Senior Accountant, Financial Reporting Manager, Finance Manager, Financial Controller, IFRS Specialist, IFRS Consultant, Internal Auditor, External Auditor, Finance Director, and Chief Financial Officer (CFO). The qualification also supports careers in corporate reporting, regulatory compliance, financial analysis, and audit advisory services. For professionals seeking further academic and professional advancement, the DipIFRS serves as a strong foundation for qualifications such as ACCA, CPA, CMA, CIMA, Executive MBA programmes, MSc degrees, and doctoral qualifications including a DBA or PhD in Accounting, Finance, or Business Administration.
You will get a certificate of completion, which is highly reputed and accepted by employers.
Build the expertise to prepare high-quality financial statements that comply with international reporting requirements, improving transparency, consistency, and stakeholder confidence.
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