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