BERKELEY SCHOOL OF BUSINESS, ARTS & SCIENCES

Diploma in International Financial Reporting Standards (DipIFRS)

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.

DipIFRS

Overview

DipIFRS

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.

FeatureDetails
Awarding BodyACCA
Mode of StudyLive Online, Self-Study, One-to-One Coaching
Exam FormatComputer-Based Examination (CBE)
Exam Duration3 Hours 15 Minutes
Passing Score50%
Exam SessionsJune and December

Offered By

Berkeley School of Business, Arts & Sciences

Vision & Mission

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.

What is the eligibility?

  • A bachelor’s degree in Accounting, Finance, Commerce, Business, or a related field is recommended.
  • A professional accounting qualification or equivalent credential is acceptable.
  • Relevant accounting or finance work experience may also be considered.
  • Suitable for accountants, auditors, finance managers, controllers, tax professionals, consultants, and finance executives.
  • Prior knowledge of accounting principles is recommended; previous IFRS certification is not required.

Who can do?

DipIFRS
anyone who is interested to learn about following concepts can pursue Diploma in International Financial Reporting Standards (DipIFRS):
International Financial Reporting Standards (IFRS), Financial Statement Preparation, IFRS Compliance, Corporate Financial Reporting, Consolidated Financial Statements, Financial Instruments, Revenue Recognition, Financial Statement Analysis, Accounting Standards, IASB Framework, Audit and Assurance, Financial Reporting Governance.
individuals with the following designations:
Financial Accountant, Senior Accountant, Financial Reporting Accountant, Financial Reporting Manager, Finance Manager, Financial Controller, Internal Auditor, External Auditor, IFRS Specialist, IFRS Consultant, Finance Business Partner, Accounting Manager, Corporate Accountant, Chief Accountant, Group Accountant, Finance Director, Chief Financial Officer (CFO), Audit Manager, Risk and Compliance Manager, Financial Analyst.

Course Structure

Module 1: Introduction to International Financial Reporting Standards (IFRS)

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.

Included

Introduction to IFRS

Included

IASB Framework and Standard Setting

Included

Conceptual Framework for Financial Reporting

Included

Financial Statement Objectives

Module 2: Presentation of Financial Statements

Learn the principles governing the preparation and presentation of financial statements in accordance with IFRS, ensuring transparency, consistency, and comparability.

Included

Statement of Financial Position

Included

Statement of Profit or Loss

Included

Statement of Cash Flows

Included

Statement of Changes in Equity

Module 3: Recognition and Measurement of Assets

This module examines the accounting treatment for tangible and intangible assets, inventories, impairment, and investment property under IFRS.

Included

Property, Plant and Equipment

Included

Intangible Assets

Included

Inventories

Included

Impairment of Assets

Module 4: Financial Instruments and Revenue Recognition

Understand the recognition, measurement, classification, and disclosure requirements for financial instruments together with IFRS revenue recognition principles.

Included

Financial Assets and Liabilities

Included

IFRS 9 Financial Instruments

Included

Revenue Recognition (IFRS 15)

Included

Expected Credit Loss Model

Module 5: Leases, Provisions and Employee Benefits

Explore the accounting treatment of lease arrangements, provisions, contingent liabilities, and employee benefits in accordance with IFRS.

Included

Leases (IFRS 16)

Included

Provisions and Contingencies

Included

Employee Benefits

Included

Events After the Reporting Period

Module 6: Income Taxes and Foreign Currency Transactions

Learn how IFRS addresses current and deferred taxation together with foreign currency transactions and translation of financial statements.

Included

Current and Deferred Tax

Included

Foreign Currency Transactions

Included

Exchange Differences

Included

Hyperinflationary Economies

Module 7: Group Financial Statements and Business Combinations

Develop expertise in preparing consolidated financial statements and accounting for acquisitions, subsidiaries, associates, and joint arrangements.

Included

Business Combinations

Included

Consolidated Financial Statements

Included

Associates and Joint Ventures

Included

Non-Controlling Interests

Module 8: Specialized IFRS Standards

Examine specialized accounting standards covering agriculture, insurance, borrowing costs, government grants, and other industry-specific reporting requirements.

Included

Borrowing Costs

Included

Government Grants

Included

Agriculture

Included

Insurance Contracts

Module 9: IFRS Disclosures and Corporate Reporting

Understand disclosure requirements that improve financial transparency and support informed stakeholder decision-making.

Included

Related Party Disclosures

Included

Segment Reporting

Included

Earnings Per Share

Included

Interim Financial Reporting

Module 10: Analysis and Interpretation of Financial Statements

Learn techniques for analyzing IFRS-based financial statements to evaluate organizational performance, financial position, and investment decisions.

Included

Financial Statement Analysis

Included

Ratio Analysis

Included

Cash Flow Analysis

Included

Performance Evaluation

Module 11: Professional Ethics and Regulatory Compliance

Explore ethical responsibilities, corporate governance, professional judgement, and compliance with international financial reporting regulations.

Included

Professional Ethics

Included

Corporate Governance

Included

Professional Judgement

Included

Regulatory Compliance

Module 12: Advanced IFRS Applications and Case Studies

The final module integrates IFRS knowledge through practical case studies, complex financial reporting scenarios, and comprehensive financial statement preparation to strengthen professional competence.

Included

Integrated IFRS Case Studies

Included

Complex Financial Reporting

Included

Financial Statement Preparation

Included

Final Professional Assessment and Review

Learning Methodology

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.

DipIFRS
Lectures

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

DipIFRS
Practice Session

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

DipIFRS
Mock Examination

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

Berkeley's Performance Standards

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.

DipIFRS

Success Stories

“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

Visit Our Alumni

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.

Is It Worth the Investment?

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.

DipIFRS

Progression Route:

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.

What You Earn

You will get a certificate of completion, which is highly reputed and accepted by employers.

DipIFRS

Global Financial Reporting Competence

Build the expertise to prepare high-quality financial statements that comply with international reporting requirements, improving transparency, consistency, and stakeholder confidence.

Enhanced Career Opportunities

Strengthen your professional profile for roles in accounting, auditing, corporate finance, financial reporting, consulting, and multinational organizations where IFRS expertise is highly valued.

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