Dip IFRS · Syllabus
ACCA Diploma in IFRS (DipIFR) syllabus
The Dip IFRS syllabus covers the IASB's conceptual framework, the major IFRS standards for preparing and presenting financial statements, disclosure requirements and group accounts. It is examined in four sections, A to D.
What you will be able to do
The course covers the IASB’s conceptual framework for financial reporting, the application of major IFRS standards in preparing and presenting financial statements, disclosure requirements for companies, and the preparation of group financial statements (excluding group cash-flow statements), including subsidiaries, associates, and joint arrangements.
- Understand and explain the IASB’s conceptual framework for financial reporting.
- Apply major IFRS standards in the preparation and presentation of financial statements.
- Identify and apply disclosure requirements for companies in financial reports and notes.
- Prepare group financial statements (excluding group cash-flow statements), including subsidiaries, associates, and joint arrangements.
Section A: International sources of authority
- IASB and the regulatory framework
- Fundamental ethical and professional principles
- Role of the International Sustainability Standards Board (ISSB)
Section B: Elements of financial statements (key IFRS standards)
- Revenue recognition (IFRS 15)
- Property, plant and equipment (IAS 16)
- Impairment of assets (IAS 36)
- Leases (IFRS 16)
- Intangible assets and goodwill (IAS 38)
- Inventories (IAS 2)
- Financial instruments (IFRS 9)
- Provisions, contingent assets and liabilities (IAS 37)
- Employee benefits (IAS 19)
- Tax in financial statements (IAS 12)
- Effects of foreign currency exchange rates (IAS 21)
- Agriculture (IAS 41)
- Share-based payments (IFRS 2)
- Exploration and evaluation expenditure (IFRS 6)
- Fair value measurement (IFRS 13)
Section C: Presentation and disclosure
- Statements of financial position, profit or loss and other comprehensive income, and changes in equity
- Earnings per share (IAS 33)
- Events after the reporting period (IAS 10)
- Accounting policies, changes in estimates and errors (IAS 8)
- Related party disclosures (IAS 24)
- Operating segments (IFRS 8)
- SME reporting requirements (IFRS for SMEs)
- Sustainability disclosures
Section D: Group accounting and business combinations
- Preparing consolidated financial statements (excluding cash flow statements)
- Business combinations, intra-group and fair value adjustments (IFRS 3)
- Associates and joint arrangements (IAS 28, IFRS 11)
- Disposal of shares in subsidiaries
Topics excluded from Dip IFRS
- Complex group structures (sub-subsidiaries, mixed groups, foreign subsidiaries)
- Step acquisitions, partial disposals and group reconstructions
- Financial statements of banks and financial institutions
- Preparing statements of cash flows
- Preparing interim financial statements
- Insurance entity accounting
- IFRS exposure drafts and discussion papers
- Public sector perspective
- Multi-employer benefit schemes
- Reporting in hyperinflationary economies
Cover every standard with a tutor
Recorded lectures for each section, CBE specimen walk-throughs and a revision module, plus doubt support on WhatsApp and Telegram.