Education

Financial reports are critical to a success of company

Financial reports are critical to a success of company

In today's global business environment, finance professionals create the value of their companies. The company’s success is based on efficient financial management and transparent and compliant financial reporting. International Financial Reporting Standards (IFRS) have become the key to corporate success.

International Financial Reporting Standards (IFRS) are a set of guidelines and principles for companies to prepare and present their financial reports. They provide global consistency, transparency and comparability in financial reporting, therefore companies can present their financial results in a way that is consistent and clear to investors, business partners and regulators. earning their trust. In addition to gaining the trust of their stakeholders, companies can count on other benefits such as a more precise assessment of a company's performance and a clear picture of its financial position. For listed companies, the implementation of IFRS is absolutely necessary.

IFRS specialist is a key player in the company

Proper understanding and application of International Financial Reporting Standards requires not only commitment, but also expertise. The role of an IFRS specialist in the organization is fundamental as it guarantees that the financial reporting process is carried out correctly, so that the reports comply with regulations, but also with investors' expectations.

As the first international professional body ACCA (Association of Chartered Certified Accountants) had responded to the needs of business and employers and developed the IFRS qualification as well as online exam - the Diploma in International Financial Reporting (DipIFR).

Diploma in International Financial Reporting (DipIFR) allows professionals from your team to expand their knowledge on the International Financial Reporting Standards (IFRS) as well as increase their competencies in the IFRS application. Your employees will receive complete knowledge on the IASB's Conceptual Framework for Financial Reporting. They will fully understand how to apply financial reporting principles in practice. They will also be able to apply the relevant financial reporting standards in financial reports and identify and apply company disclosure requirements in financial reports and additional information. Last but not least, one of their specializations will be the ability to prepare financial statements.

The first obvious step, before taking the DipIFR exam, is gaining knowledge. The PwC Academy, ACCA’s learning partner, has prepared an IFRS experts-led training programme. The programme is designed primarily for professionals, working in accounting, auditing and finance, who want to take the DipIFR exam and expand their knowledge on all IFRS aspects. MORE INFORMATION ON THE TRAINING PROGRAMME

 

DIPLOMA IN INTERNATIONAL FINANCIAL REPORTING - COMPLETE INFORMATION