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Post qualification diploma - ICAI launches Dip IFRS

Author: Accountancy Ireland

The Institute of Chartered Accountants in Ireland (ICAI) has joined forces with BPP Professional Education to launch a new Diploma in International Financial Reporting Standards (Dip IFRS). The impetus behind the move to global standards is to provide clear, transparent and transferable financial reporting for financial markets and investors. The Dip IFRS is ICAI’s first ever post-qualification diploma. Commenting at the launch in Dublin, Ronan O’Loughlin, Director of Education & Training at the Institute, explained the thinking behind it: “IFRS will revolutionise financial reporting. When fully adopted, they will introduce unprecedented transparency on an international basis in the preparation of company accounts. This can only be good news for shareholders and investors. That is why the ICAI lobbied the Irish Government to make a definitive move to the new standards and announce a changeover timetable.” “"ICAI has already been training our members for the introduction of IFRS through our Continuing Professional Development programme. The demand for courses has led us to believe that some members would be interested in a specialist qualification in this important area. We are delighted therefore to come together with education specialists BPP to provide this new Diploma.” Indeed ICAI members in their hundreds have been attending Continuing Professional Development (CPD) courses at various locations around the country and the feedback from those courses has been the primary driver behind the new Diploma.

Who is the Dip IFRS for? The Dip. IFRS will be of interest to accountants looking for a deeper level of knowledge of the new standards - typically those employed in publicly quoted companies, auditors of PLCs, consultants offering services to international and multinational companies, and providers of company secretarial services for clients, according to ICAI Director of Education & Training, Ronan O’Loughlin. While primarily aimed at Chartered Accountants, Mr O’Loughlin confirms that the Dip. IFRS is open to members of other bodies who meet the basic entry requirements. Unlike CPD, the Dip IFRS will involve assessment of students who will be required to attend tuition, complete course assignments, and sit an examination. Assessment leading to the award of the new Diploma will be independently carried out thereby ensuring that the qualification is of the highest standard.

Course duration and structure The first students have already enrolled and will be sitting their examination in November.The course is part time running over five Friday / Saturdays (approximately to 10 days).so as to minimise the impact on students by combining a work day (afternoon / evening) with a weekend day (Saturday). While the first course is running Dublin, it is intended to run subsequent courses at venues around the country subject to demand. A distance learning / self study option is also being offered by ICAI. Fees range for the Dip. IFRS range from €3200 for the full course, to €1500 for the distance learning option, to €500 for the course documentation only. Readers interested in finding out more are invited to email ifrsquery@icai.ie.

Accountancy Ireland, Vol 36, No 3, June 2004.

Recent Comments:

At 8/21/2009 9:05:18 PM Mavis said:

To our Indian friends - No you cannot do the course.

At 8/18/2009 8:28:17 PM VIKAS TOTLA said:

Dear sir, I am a chartered accountant working with a listed co. In manufacturing of pens. Will you please let me know the suitable ifrs course for me with complete details like venue, timing of classes, duration and fee. Vikas Totla 9987184710

At 8/2/2009 7:42:28 AM shyanka said:

Are you having the IFRS Diploma in Sep 2009

At 7/31/2009 5:46:34 AM Shyanka Dole said:

Can I follow the Diploma in IFRS in Ireland Am from Sri Lanka and would like to know the fees involved? I saw that in Bulgaria they have the course also Can I go there?

At 7/24/2009 7:37:59 PM Norma Guillen said:

I would like to have all the information about the course, duration , requirements, etc., as I am very interested in having the diploma in IFRS. Many thanks, Norma

At 7/24/2009 5:43:10 PM jai said:

i did my u.g B.com in india .i want to study ICWA in ireland. can i know the institute and course fee and duration of the course....

At 7/24/2009 5:03:15 PM Diptee Parab said:

I m doing ca final from icai.and i want to get diploma in ifrs in india..is it any institute available in india for do this course through distance learning...

At 7/24/2009 5:02:35 PM Diptee Parab said:

i want full information regarding how to enroll for course from india and duration of the course

At 2/20/2009 7:40:57 AM isha malhotra said:

Wanted to enroll for the course please guide

At 1/19/2009 4:34:50 AM Gaurav Jain said:

I m doing ca final from icai.and i want to get diploma in ifrs in india..is it any institute available in india for do this course through distance learning...

At 1/13/2009 2:04:42 PM Sanjay said:

I am in India. Do you need an ICAI qualification only to do course. is it illegal to do in India?

At 12/22/2008 10:56:30 AM shrinivas said:

can i pursue the course in india?is there a examination centre in india?

At 12/4/2008 10:22:43 PM Apu said:

Can we do the diploma here in India?

At 11/10/2008 3:36:59 PM Gurjinder Sahi said:

I can join the distance learning course. Is there an examination centre in Canada?

At 11/8/2008 9:42:30 PM Teuta Peto said:

I need to attend IFRS basic training course within December 2008. Is it possible and which are the fees ?

At 11/7/2008 10:46:39 AM Liz said:

For any information on IFRS or how to receive any diploma with ICAI, please go to their website at www.icai.ie.

At 11/7/2008 10:35:00 AM Tejas shah said:

I am CA From India. Interested to expertise knowledge on IFRS to keep phase with growing need of IFRS knowledge.. Please let me have all related information on this course offerred and any chances of pursuing this course in INDIA through regular or distance learning

At 10/24/2008 3:16:01 AM PR said:

I am an Associate member of Cost and Works Accountants of India CMA of India. I would like to persue a diploma in IFRS through distance learning at Mumbai, India. Please confirm if I am eligible to do this and how I should go about enroling.

At 10/7/2008 12:43:25 PM Liz said:

For any contacts within the Institute please refer to www.icai.ie

At 10/7/2008 1:34:29 AM ADITYA said:

I am a student of accountancy in India. I would like to know your institutes contact point in India.

At 9/23/2008 10:08:57 AM Vinod Kumar said:

I want to join the distance learning diploma for IFRS. please let me know how and when can i start and how much it would cost. Thanks CA.Vinod

At 9/1/2008 11:41:21 AM SUNG-YONG LEE said:

Is it possible to attend this course via distance learning in South KoreaSEOUL?

At 8/28/2008 10:18:50 AM Harish said:

I want to join the distance learning diploma for IFRS. please let me know how and when can i start and how much it would cost. Thanks Harish

At 8/26/2008 2:58:12 PM SATHYA PRAKASH said:

Interested to expertise knowledge on IFRS to keep phase with growing need of IFRS knowledge.. Please let me have all related information on this course offerred and any chances of pursuing this course in INDIA through regular or distance learning.

At 7/6/2008 9:19:38 AM Amit Malpani said:

Want to do diploma/certification on IFRS in India (Mumbai)... Pls provide the course details with duration, fees etc...

At 6/29/2008 1:32:38 PM Mamoun GADAIN said:

when is the next Course for IFRS Diploma.? would it be possible to attend this Course via Distance Learning.? Could I get funding for this Course ?

At 6/28/2008 3:01:32 PM Ankur Saran said:

Want to do Diploma in IFRS from India ( Delhi) through Distance learning

At 6/21/2008 7:45:04 PM jigna said:

plz tell me the details of new cources provided by ICAI

At 6/4/2008 12:07:48 PM Balakumar H said:

I want to join the distance learning diploma for IFRS. please let me know how and when can i start. Thanks Manish

At 5/23/2008 1:14:18 PM Madanjit said:

Pls tell me the new course details provided by ICAI

At 4/29/2008 10:58:28 AM Manish Jain said:

I want to join the distance learning diploma for IFRS. please let me know how and when can i start. Thanks Manish

At 4/10/2008 11:12:14 AM Mukesh said:

Hi, I am interested to pursue a course in IFRS. Can you pls forward me a copy of brochure & necessary details.

At 4/9/2008 9:05:24 AM Sandeep said:

I want to join the distance learning diploma for IFRS. please let me know how and when can i start. tks Sandeep

At 2/18/2008 4:40:43 PM Joe Carroll said:

I will forward on a copy of the brochure and we would of course be willing to discuss the roll out of the Diploma to India with our Indian counterparts and it is something I intend to pursue.

At 2/17/2008 7:54:39 AM ravichandran r said:

dear sir, Pls send me an dip.IFRS brochure to below address r.ravichandran A-1, #303, white house, RT Nagar, Bangalore -560032. India Why not tie up with the institute of chartered accountants of India to bring this course to India? also the cost needs to be more affordable. Iam an Associate of the ICAI- of India and hence this request. rgds ravichandran r

At 12/17/2007 12:29:28 PM Joe Carroll said:

The IFRS course is open to people based overseas, however we would have to agree and organise for you to sit the exam at a suitable location. Full fees are payable before the course commences in January 2008. A full brochure is available from www.icai.ie/dpc

At 12/17/2007 12:28:54 PM Joe Carroll said:

At 12/16/2007 4:00:19 PM Mamoun Gadain said:

I am a German national. I'm interested on IFRS Diploma course based on distance Learning . What would be the duration in this case. ? do I have to fully pay the €1.500,00 at once, or there is an option of monthly payment ? thanks regards Mamoun

At 11/15/2007 11:47:12 AM AWOYERA NICHOLAS said:

PLEASE I AM A NIGERIAN,I WISH TO PARTICIPATE IN THE PROGRAMME