Certificate in International Financial Reporting CertIFR-Overview and objectives Course overview CertIFR offers a comprehensive introduction and updates to the field of International Financial Reporting and International Financial Reporting Standards, tracing the history of the International Accounting Standards Board (IASB) from its early roots through to the recent changes and future developments. Structured in a readable and user-friendly format, the course distils key information into easy-to-digest bullet points, provides useful summaries and examines, topic-by-topic, specific standards. Frequently asked questions and answers expand on the points covered, while case studies are based on real-life examples. In addition a large number of exercises, multiple-choice questions and sample answers enable you to confidently test your knowledge and guide you as you progress through the course.
Primary course objectives: • To help you understand how International Financial Reporting Standards (IFRS) are used around the world • To explain the workings of the IFRSF/IASB and how these are being changed • To examine the fundamental requirements of IFRS on a standard-by-standard basis for the benefit of preparers, auditors and users of financial statements • To provide guidance on how to use IFRS in practice with the aid of questions, cases and exercises
Exam Pattern & Dates You must pass the one-hour multiple-choice assessment which is online. The pass mark is 50 per cent. If you fail, you are allowed two attempts to re-sit this assessment. All attempts at the assessment must be within three months of access to the online course. If you fail after three attempts at the assessment, you will need to pay a further registration fee and will be offered another three attempts to pass the assessment.
