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DIP IFRS : Diploma in International Finance Reporting

The CPA designation is administered by the American Institute of Certified Public Accountants (AICPA) and is similar to the CA Qualification in India. CPA is the most valued and globally recognized credential in the public accounting domain. The CPA designation demonstrates high ethical standards and commitment to the body of knowledge. The CPA Exam serves to protect the public interest by helping ensure that only qualified individuals become licensed CPAs.

Get connected with the world of possibilities.

With global business a fact of life and multinational corporations present in every sector, the initials CPA behind your name, can help you revamp your career and scale new heights. With infrastructure spanning 9 major cities of India, we provide local support and dependable training solutions to individuals and corporate alike, that is why we are rated as one of the top CPA Institute in India. Since 1997 we have given CPA Training to more than 7000 students and are the professional education provider of choice for well over 300 corporations in India.

Orbit Institute, in alliance with Becker Professional Education, the most acclaimed CPA Review provider in USA, is offering a comprehensive Certified Public Accounts Training to prepare aspirant for success in CPA Exam.

The CPA Course combines rigorous methodology, all-inclusive content and over 100 hours of expert instruction to ensure students are fully prepared on exam day an integrated approach that maximizes your study – giving you the greatest chance of passing.

Get global opportunities while you study CPA courses in India itself. Check out below.

It can be studied as an open-learning course, based on self-contained study sessions produced by ATC International , an ACCA Approved Learning Partner- Content (ALP-c) Gold Status, and is assessed by a single three-hour written exam.  You can also attend specially designed DipIFR courses – click here for further information.

The DipIFR is designed to be flexible, enabling you to fit your studies around your work and social commitments, and can be completed in three to six months.

The DipIFR is assessed by a single three hour written exam in June and December each year – the exam can be taken at any of the ACCA’s global exam centres (over 350 worldwide).

The pass mark is 50%.

Registration for the exam is done directly with the ACCA.  Visit http://www.accaglobal.com to register.  Registration can be done at any time though in order to sit a particular set of exams, you must register by the following deadlines:
For the December exams – register by 15 October
For the June exams – register by 15 April

Registration costs £167 – this includes one exam attempt and covers you for a period of 4 exam sessions.  You are required to attempt the exam at the first or second exam session after your registration.  If you need to retake the examination, an additional fee of £167 is required. ACCA reserve the right to change these fees without written notice, so ATC International suggest you confirm on the ACCA website for the most up to date information: http://www.accaglobal.com/en/qualifications/glance/dipifr.htm

ATC International has prepared a comprehensive set of study materials and online program to prepare you for the Diploma in International Financial Reporting.  This material has received the ACCA ALP Content – Gold Status.  It will provide complete coverage of the syllabus, a question bank full of examination standard questions and realistic mock examinations for you to practice. Our study material is designed to help prepare candidates for the examination, if they choose to take it, and to provide a comprehensive understanding of practical IAS and IFRS implementation for everyone who uses it.

The main topics covered are:

  • International sources of authority
    Topics include: The structure of the International Accounting Standards Board (IASB), The standard setting process, The role of the International Financial Reporting Interpretations Committee, Progress towards international harmonization, The IASB’ Framework for the preparation and presentation of financial statements’ and The first time application of International Financial Reporting Standards.
  • Elements of financial statements
    Topics include: Property, plant and equipment, Intangible assets, Goodwill, Current assets including inventories, Construction contracts, Liabilities, Financial instruments, Provisions and contingencies, Employment and post-employment benefits, Accounting for tax, Accounting for agriculture, Share based payment and IFRS 6: Exploration for and evaluation of mineral resources.
  • Presentation and additional disclosures
    Topics include: Events after the balance sheet date, Earnings per share, Related party disclosures, Interim financial reporting, Effects of changes in foreign exchange rates and Segment reporting.
  • Preparation of external financial reports for single entities
    Topics include: Income statements and discontinuing operations, Cash flow statements and Statement of changes in equity.
  • Preparation of external financial reports for combined entities and joint ventures
    Topics include: Definitions of subsidiaries, investments in associates and joint ventures, Exclusions from consolidations, Preparation of consolidated balance sheets and income statements, Equity accounting and Proportionate consolidation and joint ventures.

A set of materials for the DipIFR qualification includes the following:

  • Study System
  • Study Overview
  • Monitoring Test I
  • Monitoring Test II
  • Mock Exam
  • Study Question Bank
  • Revision Question Bank
  • Supplement (showing the updates in the material from the last sitting of the examination)

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