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Diploma in IFRS study notes

Diploma in IFRS

  • 684 Steps

About this course

The Diploma in IFRS course for people who sign off the numbers. Written for CFOs, financial controllers, finance managers and senior accountants by a Big Four senior audit manager and IFRS lecturer (FCCA, ACA, CIA), it covers every standard on the ACCA DipIFR syllabus for the December 2026 and June 2027 exams and shows how each one is applied inside a real finance function. Built for CFOs and controllers. Every chapter opens with an executive summary for CFOs: what the standard does to profit, KPIs, covenants, tax and the board pack, and where the audit challenge will come from. You get the judgement calls, the pitfalls and the questions your auditors will ask, not a student summary. Excel first. Every calculation is laid out as a spreadsheet model, with the cell reference and the Excel formula behind each figure, so you can rebuild it in a workbook in minutes and reuse it at month end and year end. Revenue allocation, lease liabilities, expected credit losses, impairment tests, deferred tax, pensions, EPS and full consolidation workings are all built this way, together with reusable templates for your own files. Practical from the first page. Each standard comes with a step-by-step implementation guide covering policy, data, systems, controls and disclosures, the common judgement areas and the evidence that supports them, mini case studies, and paraphrased disclosures from the annual reports of companies such as Rolls-Royce, Microsoft, Unilever, BP, Tesco and HSBC. Up to date. The notes follow the examinable documents for the December 2026 and June 2027 sittings, including IFRS 18 Presentation and Disclosure in Financial Statements, IFRS 19, the third edition of the IFRS for SMEs Accounting Standard and the ISSB's IFRS S1 and S2. What you get: 38 chapters and 684 lessons in syllabus order, 304 quiz questions with instant feedback, exam-style written questions with full solutions and marking guides, including 25-mark consolidation questions of the kind set as Question 1, and a final chapter on exam technique with a timed mini mock. The course is self-paced. Select Start the course to join and begin with Chapter 1.

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