NCA College of Management renders Diploma in International Financial Reporting (DipIFR) training on a periodical basis. DipIFR is the replacement of the traditional GAAP concept. It is an international qualification in IFRS developed by ACCA.
This course is designed especially for Financial Professionals who pursue a detailed understanding of IFRS and its implications. The certified program enables an in-depth understanding of key IFRS rules and principles, its recognition, presentation, measurement, and disclosure of its components in Financial Statements.
Develop skills in preparing IFRS implied Financial Statements with the practical application of IFRS. More than 100+ countries have mandated IFRS and the demand shall continue. Nepal too is moving towards NFRS implementation several Banks, Financial Institutions, and Insurance companies have started embracing the global trend of IAS/IFRS.
The course is framed to advance the understanding and knowledge of International Financial Reporting Standards, which can be underpinned through the application of its principle and concepts. After completion of the course;
The nature of IASB
The structure of IFRSF & its framework
The enlarging standards of IASB
The usage and status of IFRS
The IASB roadmap, volume, and its use.
The use of IFRS around the world.
Policies & presentation
IAS 1, Presentation of Financial Statements.
IFRS 15, Revenue from Contracts with the customer.
Accounting of Assets & Liabilities (Part-1)
IAS 10, Events after the reporting period
IFRS 32, Financial instruments-presentation
Accounting of Assets & Liabilities (Part-2)
IAS 2, Inventories
IFRS 16, Leases
IAS 21, The effects of changes in foreign exchange rates
IFRS 12, Disclosure of interests of other entities
IAS 7, Statement of Cashflows
The exams are conducted twice a year. Therefore, students can enroll in January or June session and appear for the examination in June/December.
The examination consists of three hours fifteen minutes and the passing mark is 50 percent.
Chartered Accountants, Registered Auditors, either employed or in practice, are qualified in accordance with National Accounting Standards, are eligible to take a Diploma in International Financial Reporting (DipIFR).
If not a qualified Chartered, one can still sit for the exam, but you need to prove the following;
NCA College of Management brings you vast experience of conducting successful training in IFRS. NCA instructors are experts in the practical application of IFRS training.
NCA in association with GRANT THORNTON INDIA, LLP periodically conducts DipIFR training classes as part of capacity building of professional accountants in Nepal and in line with its vision to expand the professional horizon. We have a pool of IFRS experts who have proven experience in Financial/Corporate Reporting in line with IAS/IFRS.
Get an additional Diploma certificate in DipIFR. For further information, on the course contact us!
“NCA is Nepal’s first ACCA institute securing Gold Standard Approved Learning Partner (ALP-ST) of the ACCA with accredited recognition (2010)”.
We are a private educational institution dedicated to preparing students for a much more rewarding career.