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IFRS - 2020

Presentation Hand Out

INDEX

# Topic

Page

1 Distinguish between CPA, CMA and IFRS 2

2 Material 3

3 Practice and Exams 7

4 Our approach

a. Course Phases 8

b. Methodology 9

c. Other Issues 9 - 9

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1. Distinguish between CPA, CMA and IFRS

IFRS

Financial

Accounting

CPA

(1) FAR

(Financial Accounting)

(2)

Audit

(3) Regulation

(4)

BEC

Certified Public

Accountant (CPA)

International Financial

Reporting Standards

(IFRS)

Certified Management

Accountant (CMA)

CMA

(1) Financial Accounting

(2) Cost

Accounting

(3) Strategic

planning

(4) Budgeting

(5)

Other

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2. Material

Book 1 - (The Study Text)

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1. Book 1- IFRS Course

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11

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Book 2 - (Practice and Review)

Book 2 – Practice and Review – Contents

# TOPIC

1 - Question and Answer checklist/index 2 - How to revise 3 - The exam Summary (Dec 13 – Dec 18) 4 - Exam technique 5 - Useful websites 6 - 49 Questions on most of the 24 topics 7 - Exams (June 2018 and December 2018)

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3. Practice and Exams

1. CertIFR (online assessment) offers a broad introduction to the field, and

aims to help you understand how they are used globally.

2. DipIFR is for finance professionals who need to acquire more a detailed

understanding of IFRS. The Diploma will develop your current knowledge

in this field, as well as how to apply the standards. You will learn the

concepts and principles behind.

Which qualification you choose depends on your current knowledge and

experience

* CertIFR exam

Questions Number of marks

Exam type Computer-based, multiple-choice questions

Exam length one hour

Language English

Pass Mark 50%

Assessment Price Old Price GBP140

Promo GBP 112

Types of IFRS Exams:

1. ACCA’s Certificate in

International Financial

Reporting Standards

(CertIFR)

2. ACCA’s Diploma in

International Financial

Reporting

(DipIFR)

Commented [D1]:

Commented [D2]:

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* Format of the ACCA’s Diploma exam

Question #

1 25 %

2 25 %

3 25 %

4 25 %

100%

Pass Mark 50%

Exam length 3.15 Hrs

Registration fees

GBP 45

Exam Fees GBP 117

4. Our Approach

# Topic

a Course Phases

b Methodology

c Other Issues

a. CCoouurrssee PPhhaasseess

1. Preparation Short- term lectures (20 hrs.) that aim to:

• Developing your English language

• Developing your primary accounting concepts

2. FRS Course Duration: 100 hrs.

• Number of lectures: 25 (4 hrs. each)

• Number of lectures per weak: 1 or 2 (Will be agreed upon later

on)

• Additional Review lectures may be delivered

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1- Preparation Short- term lectures (20 hrs.)

Lecture

1 CH 1: Accounting Cycle

2 CH 2: Financial Statements

3 Financial Statements

4 CH 3: Cash and Receivables

5 Cash and Receivables

2- IFRS Course Duration: 100 hrs.

See pages 3 – 6 above

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