International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the companyb s financial performance and position so that company financial statements are understandable and comparable across international boundaries. They are particularly relevant for companies with shares or securities listed on a public stock exchange.
Over 113 countries including Australia, Canada, India, U.A.E, UK etc require or permit the use of International Financial Reporting Standards (IFRS) for publicly-traded companies. Many other countries around the world are moving towards applying IFRS.
Diploma in International Financial Reporting (DipIFR) is for finance professionals who need to acquire a more detailed understanding of IFRS. DipIFR is a fast and efficient solution that will develop your current knowledge in this field. As well as how to apply the standards, you will learn the concepts and principles which underpin them.