Go deeper than a certificate. Master the standards that matter most.

Diploma in IFRS

Develop the technical IFRS application, financial instrument disclosure, and consolidation skills that advanced international financial reporting genuinely demands.

  • UK Licensed
  • Global Standards
  • Expert Instructor
  • 5 Day Training
  • Overview

Course Overview

There is a meaningful difference between understanding what IFRS standards require and being able to apply them correctly to complex financial transactions, multi-entity consolidations, and financial instrument disclosures that real finance roles encounter. The diploma in IFRS exists to develop that application depth the technical mastery that an IFRS certificate introduces but doesn’t fully build.

This diploma in IFRS program covers the full technical IFRS curriculum across financial instruments, revenue recognition, lease accounting, consolidation, business combinations, fair value measurement, employee benefits, and segment reporting going significantly deeper than a standard IFRS certificate into the specific standards that advanced IFRS application requires. It sits within our corporate training programs portfolio alongside cgeit certification and other certificate programs bringing the same technically rigorous, standards-focused approach to ifrs training that we apply across our finance and ifrs accounting programs.

This program issues a certificate of completion from GII and prepares participants for the ACCA DipIFR exam ACCA administers and awards the DipIFR qualification separately. Whether you’re a finance professional building advanced IFRS certification competency or a reporting professional preparing for the DipIFR examination, this program gives you the technical depth and exam readiness that serious IFRS mastery requires.

  • Goals

Course Objectives

By the end of this program, participants will be able to:
  • Apply IFRS conceptual framework principles to financial reporting decisions where specific standard guidance doesn't resolve the accounting question
  • Apply IFRS 15 revenue recognition across the five-step model including contract modifications, variable consideration, and performance obligation allocation
  • Account for leases under IFRS 16 across lessee right-of-use asset recognition, lease liability measurement, and lessor accounting
  • Apply IFRS 9 financial instrument classification, measurement, and expected credit loss impairment methodology
  • Prepare consolidated ifrs financial statements under IFRS 10 including subsidiary consolidation, intercompany eliminations, and non-controlling interest
  • Apply fair value measurement under IFRS 13 and prepare financial instrument disclosures under IFRS 7
  • Key Points

Who Should Attend?

  • Finance Professionals Pursuing Advanced IFRS Qualification
  • Financial Controllers and Reporting Managers Building IFRS Depth
  • Accountants Preparing for the ACCA DipIFR Examination
  • Auditors Adding Advanced IFRS Technical Competency
  • CFOs and Finance Directors in IFRS-Reporting Organizations
  • Organizations Building Senior Technical IFRS Reporting Capability
  • Key Benefits

Key Benefits of the Course

  • A diploma in ifrs program covering the full technical IFRS curriculum at an advanced application level
  • Practical IFRS 9, IFRS 15, and IFRS 16 application skills covering the standards that most frequently produce complex financial reporting challenges
  • Stronger consolidation and business combination capability across IFRS 10, IFRS 12, and IFRS 3 reporting requirements
  • Clear DipIFR exam preparation across all tested standards with structured practice assessment and instructor feedback
  • A recognised credential from our certificate programs supporting progression toward the ACCA DipIFR qualification and senior financial reporting roles
  • Outline

Course Outline

Day 1: IFRS Conceptual Framework and First-Time Adoption

  • Covers the IFRS conceptual framework in depth how the framework's definitions, recognition criteria, and measurement bases provide the accounting reasoning foundation that complex transaction analysis depends on when specific standard guidance doesn't provide a clear answer
  • Introduces IFRS 1 first-time adoption of international financial reporting standards the exemptions, exceptions, and opening balance sheet adjustments that entities transitioning to IFRS must navigate across their first set of compliant ifrs financial statements
  • Real IFRS reporting examples show where organizations that understood individual standards without understanding the conceptual framework consistently made accounting policy decisions that produced financial statements which satisfied literal standard requirements without reflecting the economic substance the framework is designed to capture

Day 2: Revenue Recognition and Lease Accounting

  • Covers IFRS 15 revenue recognition in technical depth the five-step model across contract identification, performance obligation identification, transaction price determination, allocation, and recognition, with particular attention to the complex application areas including variable consideration, contract modifications, and principal versus agent assessment
  • Introduces IFRS 16 lease accounting across the full lessee accounting model right-of-use asset recognition and depreciation, lease liability measurement and unwinding, exemption application for short-term and low-value leases, and the lessor accounting treatment that the standard treats significantly differently from lessee accounting
  • Attendees complete IFRS 15 and IFRS 16 application exercises using realistic transaction scenarios, developing the standard application competency that DipIFR examination questions consistently test through complex multi-element arrangements and lease modification scenarios

Day 3: Financial Instruments and Consolidation

  • Covers IFRS 9 financial instruments across classification and measurement categories amortized cost, fair value through other comprehensive income, and fair value through profit or loss and the expected credit loss impairment model that replaced the incurred loss approach and that IFRS course content at an advanced level must address in full technical depth
  • Introduces IFRS 10 consolidated financial statements and IFRS 12 disclosure of interests in other entities the control assessment methodology, consolidation mechanics including intercompany elimination, and the non-controlling interest accounting that group financial reporting under IFRS requires
  • Hands-on consolidation exercises develop the group accounting competency that IFRS diploma course examinations consistently test through multi-entity scenarios requiring full consolidation workings rather than theoretical control assessment

Day 4: Business Combinations, Employee Benefits, and Financial Instrument Disclosures

  • Covers IFRS 3 business combinations acquisition method accounting across fair value of consideration, acquisition-date fair value of identifiable assets and liabilities, goodwill measurement, and the post-acquisition accounting requirements including impairment testing under IAS 36
  • Introduces IFRS 19 employee benefits across short-term benefits, post-employment defined contribution and defined benefit obligations, and the actuarial methodology and remeasurement accounting that defined benefit plans require in IFRS financial statements
  • Covers IFRS 7 financial instrument disclosures the qualitative and quantitative disclosure requirements across credit risk, liquidity risk, and market risk that entities holding financial instruments must provide to give financial statement users the information they need to evaluate risk exposure

Day 5: Fair Value, Segment Reporting, and DipIFR Exam Preparation

  • Covers IFRS 13 fair value measurement the fair value definition, the three-level valuation hierarchy from quoted market prices through unobservable inputs, and the disclosure requirements that fair value measurement across financial and non-financial assets demands in IFRS reporting standards compliant financial statements
  • Introduces IFRS 8 operating segment reporting the management approach to segment identification, the segment information disclosure requirements, and the reconciliation between segment reporting and consolidated financial statements that entities with diverse operations must provide
  • Attendees complete a full DipIFR practice assessment with structured performance analysis identifying standard-specific technical gaps with direct instructor feedback on accounting reasoning quality and a clear preparation plan for sitting the formal ACCA DipIFR examination
  • Terms

Training Methodology

This program combines:

  • Diploma in IFRS technical workshops using realistic financial reporting and consolidation case scenarios
  • IFRS 9, IFRS 15, and IFRS 16 application exercises with structured peer review and instructor feedback
  • Business combination and consolidation sessions built around real group financial reporting challenges
  • ACCA DipIFR examination preparation aligned to current DipIFR examination domain objectives and question format
  • Achievements

Certification

Attendees receive a certificate of completion issued by GII Corporate & Industrial Training Center. This program prepares participants for the ACCA DipIFR exam ACCA administers and awards the Diploma in IFRS qualification separately upon passing their examination. In-house training is available for finance teams building advanced IFRS reporting capability across financial reporting and audit functions. Visit our Training calendar for upcoming dates and contact us now for scheduling options.

  • Case Study

Case Study Example

A multinational manufacturing group had a finance team that was managing its IFRS reporting obligations through external auditor guidance rather than internal technical competency relying on the audit team to identify accounting policy issues rather than developing the internal capability to apply complex standards correctly from the outset. When IFRS 16 adoption required a full lease liability recognition exercise and IFRS 15 required a review of revenue recognition across multiple contract types, the team lacked the technical depth to complete either project without significant external support. After key finance staff completed this Diploma in IFRS program, the team handled the subsequent IFRS 9 expected credit loss model implementation internally, completed the annual consolidation with measurably reduced external auditor involvement in technical accounting questions, and two team members passed the DipIFR examination within the following examination sitting. Read insights for more knowledge.

  • Why Choose

Why Choose This Program?

IFRS training that provides an overview of the standards without developing the technical application depth that complex transactions require produces finance professionals who understand what IFRS standards say without being able to apply them correctly to the situations that actually arise in financial reporting. This diploma in ifrs program is built around the application depth the consolidation workings, the IFRS 9 impairment calculations, and the IFRS 15 multi-element arrangement analysis that DipIFR examinations test and that senior IFRS reporting roles demand. Explore our cgeit certification program and other tech certifications across our training portfolio for a complete view of what we offer.

  • Connect

Contact Us

Ready to develop advanced IFRS capability across your financial reporting team? Contact us now for upcoming dates and in-house training solutions tailored to your organization.

  • FAQs

Fequently Asked Questions

What is IFRS training?

IFRS training develops the knowledge and technical skills to apply International Financial Reporting Standards correctly across financial statement preparation, accounting policy selection, and complex transaction analysis ranging from foundational certificate programs to advanced diploma-level qualification preparation like this program.

The ACCA Diploma in IFRS (DipIFR) is the most widely recognized advanced IFRS qualification globally covering the full technical IFRS curriculum at an application depth that certificate-level programs don’t reach. This program prepares participants specifically for the DipIFR examination.

The conceptual framework and commonly applied standards are accessible with structured training. The technical complexity increases significantly across financial instruments under IFRS 9, consolidation under IFRS 10, and business combinations under IFRS 3 the areas where this diploma program provides the depth that standard IFRS certificate courses don’t.

For finance professionals working in or seeking roles in IFRS-reporting organizations, advanced IFRS certification is increasingly expected rather than advantageous particularly as IFRS adoption continues expanding globally and as technical standards become progressively more complex across financial instruments, revenue, and leases.

IFRS 15 covers revenue recognition from contracts with customers when and how much revenue to recognize using the five-step model. IFRS 16 covers lease accounting requiring lessees to recognize right-of-use assets and lease liabilities for most leases on the balance sheet. Both are covered in technical depth on Day 2 of this program.

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Course Schedule

Select your preferred date & venue

20 Jan -- 24 Jan

Malaysia

GBP 4595/Person

14 Apr -- 18 Apr

Spain

GBP 4595/Person

07 Jul -- 11 Jul

Switzerland

GBP 4595/Person

13 Oct -- 17 Oct

USA

GBP 4595/Person

20 Jan -- 24 Jan

Malaysia

GBP 3595/Person

14 Apr -- 18 Apr

Spain

GBP 3595/Person

07 Jul -- 11 Jul

Switzerland

GBP 3595/Person

13 Oct -- 17 Oct

USA

GBP 3595/Person

Duration

5 Days

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