International Financial Reporting Diploma (IFRD) Programme

IFRD is equipped with the skills and knowledge to analyze IFRS, Risk, identify opportunities for improvement, and recommend effective solutions to drive organizational success. These individuals are experts in gathering and analyzing data, identifying business needs, and defining requirements for implementing changes within a company. Through their expertise in data analysis, critical thinking, and communication.

IFRD Entry Requirements

1. A Bachelor’s degree in any field;

2. At least Graduation in a related area (e.g., Accounting, Finance, business management, sales, marketing, supply chain, internal control, treasury, banking, etc.) is preferred.

3. A minimum of 25 hours of approved accounting management training.

Evaluate/Assessment

Upon completing the course, you will be required to sit for an online exam.
Marks: 100
Passing score: 50%
Duration: 90 minutes.
If a participant fails the exam, they can retake it 2nd time on free of cost on the next available date by confirming via email. For further attempts, only the exam fee of GBP 50 needs to be paid.

Exam Format

The IFRD examination is a closed-book, One hour & Thirty Minutes test consisting of 100 multiple-choice questions. You can take the exam from your residence using your computer.

IFRD Syllabus

This course syllabus consists of the following 3 modules:

Module 1: International Financial Reporting Standards (IFRS)

IAS 1 – Presentation of Financial Statements

IAS 2 – Inventories

IAS 7 – Statement of Cash Flows

IAS 12 – Income Taxes

IAS 16 – Property, Plant and Equipment

IAS 38 – Intangible Assets

IFRS 15 – Revenue from Contracts with Customers

IFRS 16 – Leases

Module 3: Corporate Governance

Principles and best practices of corporate governance

Roles and Responsibilities of the Board of Directors

Governance, accountability, and transparency

Ethics and stakeholder management