Certificate in International Financial Reporting Standards (CertIFR)
This course is designed to prepare participants for the ACCA CertIFR (Certificate in International Financial Reporting) credential. The training is delivered live by CertIFR-certified trainers, providing expert guidance and practical insights to help participants successfully achieve the certification.
Overview
The Certificate in International Financial Reporting Standards (CertIFR) is a professional qualification designed to provide a strong foundation in IFRS and global financial reporting practices. Offered by Association of Chartered Certified Accountants, this certification equips learners with the knowledge and skills to understand, interpret, and apply international accounting standards in real-world scenarios.
The program covers key IFRS principles, recognition and measurement requirements, and the preparation and presentation of financial statements. It is ideal for professionals looking to enhance their expertise in global accounting standards and improve their ability to analyze financial information across international markets.
CertIFR helps participants build practical skills in financial reporting, ensures compliance with global standards, and enhances career opportunities in accounting, auditing, and finance roles worldwide.
Course Outline
- Nature, structure and objectives of the IASB/IFRS Foundation
- IFRS framework and history
- Global adoption and use of IFRS standards
- IAS 1: Presentation of Financial Statements
- IFRS 15: Revenue from Contracts with Customers
- IAS 8: Accounting Policies and Errors
- IAS 16: Property, Plant and Equipment
- IAS 38: Intangible Assets
- IAS 40: Investment Property
- IAS 2, IAS 23, IAS 20 and IFRS 5 essentials
- IFRS 9: Financial Instruments
- IFRS 13: Fair Value Measurement
- IFRS 7: Disclosures
- IAS 19, IAS 37, IAS 10, IAS 12 and other related standards
- IFRS 10 / IFRS 3 / IAS 27 and IAS 28
- IFRS 11 / IFRS 12
- IAS 21: Foreign Exchange Effects
- Special reporting in hyperinflationary economies
- IAS 7: Statement of Cash Flows
- IAS 24: Related Party Disclosures
- IAS 33 and IAS 34
- IFRS 1: First-time Adoption and IFRS 8: Operating Segments
- Principal differences between IFRS and other national GAAP frameworks
- Discussion on future IFRS proposals and updates
Prerequisites
Participants are not required to have formal IFRS certification or prior in-depth IFRS experience. However, basic knowledge of accounting principles or financial reporting is recommended to help you fully benefit from the course content and practical exercises. Familiarity with general accounting concepts will make it easier to engage with IFRS requirements and case discussions.
Who Should Attend
- Financial accountants, controllers, and reporting professionals.
- Finance managers and analysts responsible for IFRS-compliant reporting.
- Auditors (internal and external) and assurance specialists.
- Professionals involved in IFRS implementation or transition projects.
- Anyone preparing for the ACCA CertIFR exam or aiming to strengthen their practical IFRS application skills.
The Exam
- Exam format: The CertIFR qualification is assessed by a one-hour online exam consisting of multiple-choice questions (MCQs) designed to test your understanding of IFRS principles and reporting requirements.
- Pass mark and attempts: To pass the exam, you must score at least 50%, and most registrations include up to three attempts within the assessment period.
- Assessment focus: The exam covers practical IFRS topics such as the role and structure of the IASB/IFRS Foundation, global adoption of IFRS, revenue and asset recognition, group accounting, disclosure standards, and key differences with other reporting frameworks.
- Accessibility: There are no formal prerequisites or work experience requirements to sit the CertIFR exam, making it suitable for accounting and finance professionals seeking formal recognition of their IFRS knowledge.
Benefits
- Gain a strong understanding of International Financial Reporting Standards (IFRS) and their practical application
- Enhance your ability to prepare and interpret financial statements in a global context
- Improve career opportunities in accounting, auditing, and finance roles worldwide
- Develop skills to ensure compliance with international accounting standards
- Strengthen your analytical and decision-making abilities using financial data
- Increase your professional credibility with a certification from Association of Chartered Certified Accountants
- Stay updated with global financial reporting trends and regulations
- Build confidence in handling complex accounting and reporting scenarios
About Trainer
- He is an ACCA-qualified finance professional with extensive expertise in International Financial Reporting Standards (IFRS) and hands-on experience applying accounting standards in real-world financial reporting environments. With a strong background in preparing, analysing and interpreting financial statements under IFRS, he brings practical insights that help learners connect theory with real reporting practice. Known for his clear and engaging training style, he simplifies complex standards into understandable concepts and real-life examples, enabling professionals to confidently apply IFRS principles and strengthen their accounting expertise.
Learning Outcomes
- Prepares you to aim for first-attempt success in the ACCA CertIFR exam.
- Focuses on practical application of IFRS standards through hands-on exercises and real-world case studies.
- Extensive Q and A and exam-oriented discussions for thorough preparation.
- Downloadable course materials and ongoing post-training support.
- Delivered by industry-experienced trainers with intensive coaching throughout the programme.
- Real examples and scenarios to help you apply IFRS effectively in the workplace.
- Enhances your professional competence in international financial reporting practice.
Student Reviews
"This CertIFR course gave me the confidence to apply IFRS in real situations. The practical case studies and hands-on sessions helped bridge the gap between theory and real-world financial reporting, making my work with global financial statements much easier and more accurate."
"Excellent course that prepared me for the ACCA CertIFR exam. The instructor’s deep knowledge and clear explanations of complex IFRS standards made the content accessible and the extensive Q&A sessions ensured I was ready for the exam and my role in finance."
"This course broadened my understanding of how IFRS is adopted worldwide and equipped me with the skills to interpret and implement standards effectively across multinational operations."
"The practical insights, downloadable materials, and ongoing support helped me grasp even the toughest IFRS concepts - and I now feel more competent and confident in my financial reporting role. Thank you."
Frequently Asked Questions
Yes. The online training is accessible worldwide.
We are currently offering this course as self paced eLearning course.
CertIFR is assessed through a one-hour online exam consisting of multiple-choice questions. The assessment does not follow a set timetable. Instead, candidates can apply to take the online assessment at any time, provided they have paid the fee. Exam date is available on demand.
This assessment consists of 25 questions. You will have 3 attempts to pass the assessment with a score of 50%. You will have 60 minutes for each attempt.
Yes, the ACCA CerIFR exam fee is separate. There are no hidden costs beyond that.
Exam fee for ACCA members is £220 and ACCA membership fee is £89. For non members, exam fee is £295.
Yes, at the end of the course you will receive a course completion certificate from Grasp Skill at no extra cost.
Yes, you will be able to pay the course fees in instalments. Reach out to [email protected] to see the options available to you.
Group discounts are available to groups of more than three candidates. You can get up to 20% discount depending on the number of participants.
Our courses are designed to provide high quality learning and outcomes that exceed expectations. If for some reason your expectations are not met. You will be given a refund in accordance with our 100% satisfaction policy.
You will receive online course portal access via email instantly.
You can make notes about your doubts while going through our video lectures and other study materials. And, email or WhatsApp us for clarification. Our team will get back to you in 24 hours with answers.
Yes, we provide mentorship, doubt resolution, and guidance for assessment preparation.
You can complete the course at your own pace. You will get access to the portal for 150 days.
No. There are no work experience or formal qualification requirements, making the CertIFR exam accessible to professionals and graduates seeking IFRS knowledge recognition.
The CertIFR syllabus is periodically reviewed by ACCA to reflect changes in IFRS standards. Exam preparation courses aligned with the latest syllabus help candidates stay up to date.
CertIFR is a globally recognised ACCA qualification that provides a strong foundation in IFRS, making it ideal for professionals who want practical knowledge without committing to advanced diploma-level programmes.
No. Passing the CertIFR exam awards the Certificate in International Financial Reporting, but it does not grant ACCA membership or affiliate status.
Yes, our instructors are ACCA-qualified professionals with extensive IFRS and financial reporting experience.
Yes, we provide comprehensive study notes, practice questions and other exam-focused materials.
Our trainees have a high pass rate thanks to expert instruction, case-based practice and continuous support.
After completing CertIFR, you can progress to advanced qualifications such as the ACCA DipIFR, the ACCA Qualification (Applied Skills and Strategic Professional levels), or other specialised IFRS, finance, and accounting certifications to further deepen your expertise and career prospects.
Self Paced Learning
Request a Quote
Corporate in-house programs or open events — write to us at info@graspskill.com
Email UsRequest more details
Fill in the form and we'll get back to you shortly.
Related Courses
IFRS 16 - Leases Certification Training
6 hours of recorded video lectures, study materials and certification assessment.
IFRS Mastery: Global Certification Program
130 Hours. of recorded video lectures, Study materials, practical examples
IFRS 18 and 19 Self Paced Online Course and Certification
6 hours of recorded video lectures, study materials and certification exam
IFRS S1 & S2 Sustainability Disclosure Certification Training
3 hours of online lectures, study materials and certification exam
Upcoming Schedules
Can't find a suitable schedule?
Suggest a Date & Location
Tell us when and where works best for you — we'll do our best to arrange a session that fits.