Vaidya Tutorials Batches For June 2020 exam on Saturdays 9 am to 1 pm.



(Source: ACCA Global website)

Entry requirements: Professional accountants and auditors working in practice and industry and qualified in national accounting standards are eligible to take the qualification.


Practitioners not yet qualified, but who can verify the following, are also eligible:

  • Two years relevant accounting experience and a relevant degree (attracting at least ACCA qualification exemptions F1-F4)

  • Two years relevant accounting experience and an ACCA Certificate in International Financial Reporting

  • Three years' relevant accounting experience

  • ACCA affiliate status


Work experience:   None involved in qualifying, but the qualification is designed to accompany relevant work.


The Diploma in International Financial Reporting (DipIFR) is assessed by a single three-hour, 15 minute written exam. The exam is held twice a year - in June and December at ACCA's exam centres.


Passing marks 50%


From Dec 2019 exam onward, IFRS paper requires a mix of calculations and written answers:

25 Marks X 4 Questions = 100 marks total

Till June 2019 exam, pattern as follows:

There are two sections to the paper which requires a mix of calculations and written answers.

Section A       One 'groups' question                   40 marks

Section B       Three scenario questions            60 marks

                         (20 marks each)                              100 marks total





(Source: ACCA Global website)

The online course includes all the study materials you will need, although students will benefit from having a copy of the International Accounting Standards Board's (IASB) International Accounting Standards book, which you can order from the IASB website in the Related links list on the left-hand side of the page.

If you are already applying International Financial Reporting Standards (IFRS) at work and want formal recognition of your skills, you can apply to only take the online CertIFR assessment. If you do not need certification, but want extra knowledge in the field, you can choose the course only.

You can apply online at any time. When you have paid by credit card, you will get access to the online course and assessments for six months. Typically, a student should take 20 hours to work through the course.

Studying for another qualification as an ACCA member, can count towards your continuing professional development (CPD). The certificate is assessed by a one-hour exam with multiple-choice questions.

The pass mark is 50%.

The fees cover two attempts to re-sit the assessment if you fail but must be taken within six months of accessing the online course. If you do not pass after three attempts, you will need to pay another registration fee to attempt the assessment again, giving you a further three attempts to pass.

(Source: ACCA Global Website)

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