CertIFR

Certificate in International Financial Reporting

Develop your knowledge in International Financial Reporting Standards to succeed in today's global marketplace

Understand how International Financial Reporting Standards (IFRS) are used around the world, examine the fundamental requirements of IFRS on a standard-by-standard basis and provide guidance on how to use IFRS in practice

Elevate your Career potential with the CertIFR

The CertIFR is specifically designed for qualified accounting, auditing and finance professionals that want to update their skills to meet the challenges involved in adopting and implementing IFRS in the workplace.

This course also benefits ACCA members who gained their qualification prior to the introduction of IFRS. For ACCA members whose qualifications are already based on IFRS, the Cert IFR is an opportunity to update their IFRS knowledge for recent IASB publications.

Here’s what you’ll take away from the CertIFR course:

Explain how the International Financial Reporting Standards Foundation (IFRSF) / International Accounting Standards Board (IASB) work and how these are being changed.
Examine the fundamental requirements of IFRS on a standard-by-standard basis.
Provide guidance on how to use IFRS in practice.
Prepare students to sit for and pass the CertIFR online exam administered by ACCA.

CertIFR Topic Guide

The Nature and
Operations of the IASB

Structure of the IFRSF/IASB
Extant standards of the IASB
The framework

The Status and Use of
IFRSs Around the World

The use of IFRS around the world.
The IASB roadmap.
The annual IASB bound volume and its use.

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

Accounting for Assets
and Liabilities - Part 1

IAS 16: Property, plant and equipment.
IFRS 15: Revenue from contracts with customers.
IAS 40: Investment Property.
IAS 36: Impairment of assets.
IAS 23: Borrowing costs.
IAS 20: Accounting for government grants and disclosure of government assistance.
IAS 2: Inventories.
IAS 17: Leases.
IFRS 5: Non-current assets held for sale and discontinued operations.

Accounting for Assets
and Liabilities - Part 2

IFRS 13: Fair Value Measurement.
IFRS 32: Financial instruments - presentation.
IFRS 9: Financial instruments.
IFRS 7: Financial instruments: disclosures.
IFRS 2: Share-based payment.
IAS 37: Provisions, contingent liabilities and contingent assets.
IAS 10: Events after the reporting period .
IAS 19: Employee benefits.
IAS 12: Income taxes.
IAS 41: Agriculture.
IFRS 6: Exploration for and evaluation of mineral resources.

Group Accounting

IFRS 10: Consolidated Financial Statements.
IAS 27 (revised 2011): Separate financial statements.
IFRS 3: Business Combinations.
IAS 28 (revised 2011): Investments in associates and joint ventures.
IFRS 11: Joint arrangements.
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.

Disclosure Standards

IAS 7: Statement of cash flows.
IAS 24: Related party disclosures.
IAS 33: Earnings per share.
IAS 34: Interim financial reporting.
IFRS 4: Insurance contracts.
IFRS 1: First time adoption of IFRS.
IFRS 8: Operating segments.

Principal differences between
UK/US GAAP and IFRS

Proposals for change

There are only four simple steps to earning your CertIFR

How to earn the CertIFR

Enroll

It’s easy to enroll in Morgan’s CertIFR course. We have flexible learning formats and comprehensive resources made for you. Explore our learning options! Get them now!
Apply

You can apply for the Certificate in International Financial Reporting Assessment through ACCA’s website.
Assessment

Morgan makes sure you receive the best preparation for your assessment. Get the lowdown on what to expect and the assessment topics you’ll be tested on.
Bring it on!
Congratulations

After passing the assessment, you will receive your official Certificate in International Financial Reporting from ACCA.

With Morgan you’re always prepared for exam time

All About your CertIFR Assessment

All your questions about the assessment have an answer right here

The Morgan Experience

Here’s why you made the right choice:

They Choose Us

Morgan is the choice of businesses, universities and government bodies across the region.
The Morgan Promise
You Are #1

Morgan cares and supports you all the way
20+ Years of Experience:

Decades of training successful students
Your Extra Boost

Value added resources designed for success
Recommended by Thousands

More than 80,000 candidates since 1995