Program Overview

Diploma International Financial Reporting Standards

The Diploma International Financial Reporting Standards (Diploma IFRS) is a qualification that enhances knowledge and understanding of the concepts and principles underlying International Financial Reporting Standards (IFRS) and their application in the international financial world.

Overview

• The Diploma IFRS is designed for professional accountants and auditors who work in practice or business and are qualified according to national accounting standards.
• It is also suitable for those working in practice but not yet qualified, under certain conditions.

Admission Criteria

• To be admitted to this course, one must possess a master's degree in Accounting & Control, Business Administration, or a postgraduate diploma (such as RA, RC, CMA, RT, etc.).

Course Details

• The course covers the IFRS framework, including the concepts and principles that underlie financial reporting, and the application of these standards in the preparation of financial statements.
• The course material is based on the ACCA (Association of Chartered Certified Accountants) syllabus and study guide.

Tuition Fees

• The cost of the Diploma IFRS course is €1,500.
• Additional costs include the ACCA examination fee and the purchase of study materials (Study Text and Practice & Revision Kit).

Start Date and Duration

• The course starts in September.
• The course requires a significant time investment, with students needing to dedicate 50-75 hours of study outside of class time to prepare for the exam.

Examination and Certification

• The Diploma IFRS examination is administered by the ACCA.
• Upon passing the exam, students are awarded the Diploma IFRS by the ACCA, which can contribute to professional development and continuing education requirements.

Continuing Professional Education (CPE) Points

• The course is eligible for CPE points, with a maximum of 24 points available, depending on attendance.
• Passing the ACCA's Diploma IFRS exam can also earn additional CPE points.

Alumni Benefits

• Alumni of the VU or those who have completed a course with SBE for Professionals may be eligible for benefits when participating in new courses, including potential discounts or priority access.

Practical Information

• The course is taught at the VU's main building.
• Detailed information about the course, including the syllabus, study guide, and examinable documents, can be found through the ACCA's resources.

Conclusion

The Diploma International Financial Reporting Standards offers professional accountants and auditors a comprehensive understanding of IFRS, enhancing their skills in financial reporting and analysis. With its structured approach and recognition by the ACCA, this course is a valuable asset for those seeking to advance their careers in international finance.