BRIEF COURSE INFORMATION
At NTI, you will be taught by practiced trainers with both academic and practiced intelligence in financial reporting, IFRS and its application to ensure you are able to relate the academic material to real life scenarios.
At NTI we are focused at getting you through the examination and hence our classes are exam-focused from day 1.
We will not only train you to pass the exam but we will make your intelligence enjoyable and ensure that you come out of the skull session with a new vision that will help you further in your career progression.
At NTI, you will not be treated as a student but you will be part of a practiced team and your Trainer will be your Manager/Director/Professional Coach.Course Overview
- The skull session is designed to develop candidate’s intelligence and understanding of International Financial Reporting Standards (IFRS).
- You will not only study the approach and principles underpinning the International Financial Reporting but also its application in practice.
- This is a certification grades degree and hence takes you to a “deep dive” in International Financial reporting.
- DipIFR will build on your technical and functional intelligence from any recognised country-specific accountancy qualifications or suitable work intelligence you may have.
- Improve your understanding and skill to explain the universal regulatory framework of financial reporting.
- Enhance your skill to discuss and apply specified universal accounting standards and IFRS to real life examples.
- Solidify your credibility when preparing group financial reports plus subsidiaries, associates and joint ventures.
- Almost 120 countries now require or allow the use of IFRS and the remaining major economies contained set timelines to adopt or converge with IFRS in the near future. Hence this degree can be a quick, cost-effective and efficient way to obtain formal recognition for those who prepare, audit or use financial statements.
- DipIFR is designed to be flexible, cost-effective, efficient and fast as it can be completed in three to six months.
- To obtain a Diploma in International Financial Reporting (DipIFR), you must pass a written exam and achieve 50 per cent or above.
- The exam is three hours long and is held twice a year – in June and December, at ACCA approved exam centers.
- There are two sections to the paper which requires a mix of calculations and written answers. The examination marks are split as follows:
- Section A One ‘groups’ question 40 marks
- Section B Three scenario questions 60 marks
- (20 marks each) 100
- All levels, from accountants to superior managers who use, prepare, audit or examination financial statements.
- All grades involved in financial reporting.
- Anyone with an interest in developing an superior grades of understanding in how universal financial reporting standards operate, their application and implementation in real life situations.
In particular, some role-types that can profit are:
- Financial Accountants
- Senior Accountants
- General accountants
- Chief Accountants
- Management accountants
- Financial Analysts
- Finance Managers
- Financial controllers
- Vice Presidents