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International Financial Reporting Standards (IFRS) Advance Level - ACCA SBR / DipIFRS / Cert IFRS

Last updated 2022-01-10 | 4.6

- International Financial Reporting Standards (IFRS)

What you'll learn

International Financial Reporting Standards (IFRS)

* Requirements

* Basic knowledge of accounting

Description

This course is an advanced course on International Financial Reporting Standards.

The DipIFR or "ACCA Diploma in international financial reporting" is an international diploma certifying proficiency in IFRS, issued by the world's largest finance and accounting professionals organization, the Association of Chartered Certified Accountants (ACCA).

If you are a professional accountant or auditor who works in practice or business then you are eligible to take this ACCA financial reporting qualification.

WHO IS THIS COURSE FOR:

1. Students taking ACCA SBR Exams
2. Students taking ACCA DipIFR Exam
3. Students taking ACCA Cert IFRS Exam
4. Working professionals responsible for preparing financial statements based on IFRS - International Financial Reporting Standards

LEARNING OUTCOME

This course is based on IFRS syllabus as prescribed by ACCA (Association of Certified Chartered Accountants) and is in line with the course outline for ACCA Dip-IFR exam. 

Participants are expected to develop knowledge and skills in understanding and applying International Financial Reporting Standards and the theoretical framework in the preparation of financial statements of entities, including consolidated financial statements.

WHAT IS INCLUDED

The course includes detailed lectures on financial reporting standards included in ACCA Dip IFR exam.  Apart from lectures the course also includes sufficient practice questions to demonstrate the application of IFRS.  The course also includes excel files / working files which students can download for analysis or further working purposes.

Who this course is for:

  • WHO IS THIS COURSE FOR: 1. Students taking ACCA SBR Exams2. Students taking ACCA DipIFR Exam3. Students taking ACCA Cert IFRS Exam4. Working professionals responsible for preparing financial statements based on IFRS - International Financial Reporting Standards.

Course content

19 sections • 145 lectures

Introduction to the course Preview 12:04

Conceptual Framework - Part 1 Preview 23:43

Conceptual Framework - Part 2 Preview 13:53

Conceptual Framework - Part 3 Preview 11:27

Conceptual Framework - Part 4 Preview 01:05:34

QUIZ - Conceptual and Regulatory Framework

Professional Ethics Preview 37:55

Ethical Considerations Preview 22:23

Performance Measures Preview 20:23

COVID 19 - Impacts on Financial Reporting Preview 12:39

IFRS 15 - Part 1. Overview of IFRS 15 Preview 11:14

IFRS 15 - Part 2. Revenue Recognition Citeria Preview 38:24

FRS 15 - Part 3. Revenue Recognition Citeria Continued Preview 45:03

Revenue - Questions Preview 19:07

Recognition Criteria Explained Preview 09:01

Question - Financing Component Preview 19:33

Discount Allocation - Question Preview 24:31

Question with Solution - Topic Discussion IFRS 15 Preview 18:59

IFRS 15 - General Discussion Preview 20:54

Question No 33 from Kit Preview 14:40

IFRS 15 - Kit Question Part 1 Preview 14:34

IFRS 15 - Kit Question Part 2 Preview 12:46

Quiz - IFRS 15

SOCI - Explanation Preview 38:42

IAS 16 - Part 1 - Recognition and Initial Measurement Preview 44:03

IAS 16 - Part 2 - Subsequent Measurement Preview 18:24

IAS 16 - Part 3 - Revaluations and Disposals Preview 37:29

IAS 16 - Revaluation Quick Summary Preview 15:46

IAS 16 - Questions and Solutions Preview 24:35

IAS 38 - Intangible Assets - Revised Preview 37:52

Questions IAS 16 - 23 - 37 Preview 29:22

IAS 16 - IAS 38 - Questions Tangible and Intangible Assets Preview 26:07

IAS 16- Property plant and Equipment Quiz

DipIFR - IAS 40 Investment Property Preview 31:38

IAS 16 and IAS 40 Quick Comparison Preview 36:55

Quiz - IAS 40 Investment Property

IAS 38 - Intangible Non Current Assets Preview 27:03

IFRS 3 - Goodwill Preview 23:09

Calculation of Goodwill Preview 24:59

Quiz - IAS 38 Intangible Assets

IAS 36 - Impairment of Assets Preview 01:14:42

IAS 36 - Impairment Recap Preview 01:01:43

Question - Impairment of CGU (Cash Generating Unit) and Goodwill Preview 01:02:12

Reversal of Impairment Preview 15:47

IAS 23 and IAS 36 Questions Preview 01:07:28

Quiz - IAS 23 Borrowing Cost

Imapairment and Deferred Tax Question - Q40 Preview 01:00:46

Quiz - IAS 36 Impairment

Borrowing Cost - Part 1 Preview 23:29

Borrowing Cost - Part 2 Preview 05:06

Quiz - IAS 23 Borrowing Cost

Provisions and Contingent Liabilities Preview 01:11:35

Provisions and Contingent Liabilities - Part 1 Preview 34:27

Provision for Restructuring Preview 22:28

Provision for Restructuring Question Preview 09:07

Environmental Provisioning Question Preview 25:43

Difference Between Reserve and Provision Preview 03:42

IAS 37 Quiz

IFRS 16 - Leases Preview 56:52

IFRS 16 - Discussion Preview 14:14

IFRS 16 - Re-measurement of Lease Liability Preview 18:10

Sale and Lease Back - With Question Preview 56:12

Quiz - IFRS 16 Leases

IAS 21 Foreign Exchange Preview 01:01:39

Quiz - IAS 21 Foreign Exchange

Question - IFRS 15 and IAS 21 Foreign Exchange Preview 19:22

Question - IAS16 and Foreign Exchange Preview 14:21

IAS 12 - Tax Part 1 Preview 01:11:46

IAS 12 - Tax - Part 2 Preview 04:08

IAS 12 - Tax Part 3 Preview 01:07:05

IAS 12 Quiz

Deferred Tax Treatment with Intra Group Sales Preview 15:47

Deferred Tax Treatment with Impairment IAS 36 Preview 09:15

Deferred Tax Treatment with Lease IFRS16 Preview 21:15

Tax Question Tufnel Preview 01:00:46

IFRS 13 - Part 1 - Introduction Preview 54:25

IFRS 13 - Part 2 - Measurement Basis Preview 15:59

IAS 20 - Government Grant Preview 35:47

IAS 20 - Government Grant - Compliance Conditions Preview 04:41

IAS 20 Quiz

Financial Instruments Introduction Preview 17:57

Derivatives Preview 01:03:21

Equity and Liability Preview 29:17

Recognition and Derecognition Preview 19:18

Amortised Cost Preview 18:45

Classification of Financial Assets and Fin Liabilities Preview 43:18

Reclassification of Financial Assets and Liabilities Preview 04:15

Measurement of Financial Assets and Liabilities Preview 25:21

Compound Financial Instruuments Preview 15:57

Impairment of Financial Instrument Preview 22:44

Hedging and Hedge Accounting Preview 01:04:35

Extra Discussion - Fin Assets Classification and Equity Instruments Preview 53:28

Bank Loan Question Preview 12:31

Equity Instrument Question Preview 24:29

Loan Note Question Preview 15:18

Executory Contracts and Own Use Assets Preview 22:31

Quiz - IFRS 9 Financial Instruments

IAS 19 - Employee Benefit Preview 28:36

IAS 19 - Example Solved 1 Preview 23:48

IAS 19 - Example Solved 2 Preview 07:03

Kit Question 36 - Pensions - Part 1 Preview 55:40

Kit Question 36 - Pensions - Part 2 Preview 16:00

IFRS 2 - Share Based Payments Preview 01:07:07

IFRS 2 - Question - Part 1 Preview 29:50

IFRS 2 - Question - Part 2 Preview 27:34

IAS 33 - 1. Introduction to EPS Preview 21:02

2. Types of Shares and Calculation of EPS Preview 56:02

3. Recap - Wighgted Average Shares and Bonus Fraction Preview 07:39

4. Diluted EPS Preview 45:10

IAS 33 - EPS Short Questions - 1 Preview 01:07:56

IAS 33 - EPS Short Questions - 2 Preview 47:33

IAS 33 Quiz

IAS 8 - Changes in Accounting Policies, Estimates and Errors Preview 28:47

IAS 8 Quiz

IAS 10 - Events after the Reporting Period Preview 25:28

IAS 10 Quiz

IAS 41 - Agriculture Preview 23:06

Quiz - IAS 41 Biological Assets

Consolidated Financial Statements - Introduction 1 Preview 40:24

Consolidated Financial Statements - Introduction 2 Preview 23:08

Consolidated FS - Net Assets and Goodwill Preview 27:30

Consolidated FS - Consideration Preview 06:26

Consolidated FS - Short Questions Preview 49:58

Consolidation - Markup and Margin Preview 10:44

Consolidation - Unrealized Profit - PUP Preview 14:09

Consolidation - NCI Valuation Methods Preview 12:33

Consolidated SOFP - Q 306 - Party Co Preview 56:16

Intra Group Sale of Assets, Interests and Dividends Preview 15:01

Income Statement Introduction Preview 24:23

Income Statement MCQs Preview 22:23

Calculation of Goodwill Preview 24:59

Consolidated SOFP - Paradigm Q297 - 1 Preview 28:23

Consolidated SOFP - Paradigm Q297 - 2 Preview 54:52

Exam Question Consolidated SOFP - June 2015 Preview 02:12:53

Kit Question - Traveller - Part 1 - IFRS 9 Preview 17:05

Kit Question - Traveller - Part 2 - Goodwill and Impairment Preview 34:22

Kit Question - Diamond Part 1 Preview 37:24

Kit Question - Diamond Part 2 Preview 22:29

IAS 28 - Investment in Associates and Joint Ventures Preview 29:31

Consolidated SOCI Preview 56:53

Kit Question - Angel Part 1 Preview 40:30

Kit Question - Angel Part 2 - Operating Cash Flow Preview 48:39

Consolidated SOCI - Note 6 - Cash Flow Hedge Explanation Preview 47:24

IFRS 11 - Joint Arrangement Preview 58:13

IFRS 11 - Kit Question Preview 24:00