International Financial Reporting (Cert, Dip IFR) 2026 Exams

About International Financial Reporting (Cert, Dip IFR) 2026 Exams

2026 ACCA Certificate in International Financial Reporting (Cert IFR)

This financial reporting course offers a broad introduction to the field of International Financial Reporting and International Financial Reporting Standards (IFRS). It traces the history of the International Accounting Standards Board (IASB) from its early roots through to recent changes and updates and future developments.

The syllabus

1. The International Accounting Standards Board and IFRS Accounting Standards

The origins of the International Accounting Standards Board (IASB®)

The structure of the IFRS Foundation

International Accounting Standards (IAS® Accounting Standards), and International Financial Reporting Standards (IFRS® Accounting Standards) that are currently in issue

The Conceptual Framework for Financial Reporting.

2. IFRS Accounting Standards - global convergence and continued development

A brief summary of the adoption of International Financial Reporting Standards (IFRS® Accounting Standards) in different jurisdictions

The growth of the International Accounting Standards Board (IASB®)

3. Revenue, presentation and profit

IAS 1 Presentation of Financial Statements

IFRS 15 Revenue from Contracts with Customers

IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors.

4. Accounting for non-current assets

IAS 16 Property, Plant and Equipment

IAS 40 Investment Property

IAS 23 Borrowing Costs

IFRS 5 Non-current Assets Held for Sale and Discontinued Operations

5. Accounting for assets, impairments and grants

IAS 38 Intangible Assets

IAS 36 Impairment of Assets

IAS 20 Accounting for Government Grants and Disclosure of Government Assistance

IAS 2 Inventories

6. Accounting for leases and specialised assets

IFRS 16 Leases

IAS 41 Agriculture

IFRS 6 Exploration and Evaluation of Mineral Resources

7. Accounting for financial instruments

IAS 32 Financial Instruments: Presentation

IFRS 9 Financial Instruments

IFRS 7 Financial Instruments: Disclosures

IFRS 13 Fair Value Measurement

IFRS 4 and IFRS 17 Insurance Contracts

8. Accounting for liabilities

IAS 37 Provisions, Contingent Liabilities and Contingent Assets

IAS 19 Employee Benefits

IAS 12 Income Taxes

IFRS 2 Share-based Payment

9. Group accounting – part 1

IFRS 10 Consolidated Financial Statements

IAS 27 Separate Financial Statements

IFRS 3 Business Combinations

10. Group accounting – part 2

IFRS 11 Joint Arrangements

IAS 28 Investments in Associates and Joint Ventures

IFRS 12 Disclosure of Interests in Other Entities

IAS 21 The Effects of Changes in Foreign Exchange Rates

IAS 29 Financial Reporting in Hyperinflationary Economies

11. Disclosure standards and first-time adoption

IAS 7 Statement of Cash Flows

IFRS 8 Operating Segments

IAS 24 Related Party Disclosures

IAS 33 Earnings Per Share

IAS 34 Interim Financial Reporting

IAS 10 Events after the Reporting Period

IFRS 1 First-time Adoption of IFRS

12. IFRS Accounting Standards and other reporting frameworks

The IFRS for SMEs Accounting Standard

The FASB and US GAAP

Principle differences between IFRS Accounting Standards and US GAAP

Indian GAAP