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Prepared by: Dr. Mohd Eissa Page 1
IFRS - 2020
Presentation Hand Out
INDEX
# Topic
Page
1 Distinguish between CPA, CMA and IFRS 2
2 Material 3
3 Practice and Exams 7
4 Our approach
a. Course Phases 8
b. Methodology 9
c. Other Issues 9 - 9
Prepared by: Dr. Mohd Eissa Page 2
1. Distinguish between CPA, CMA and IFRS
IFRS
Financial
Accounting
CPA
(1) FAR
(Financial Accounting)
(2)
Audit
(3) Regulation
(4)
BEC
Certified Public
Accountant (CPA)
International Financial
Reporting Standards
(IFRS)
Certified Management
Accountant (CMA)
CMA
(1) Financial Accounting
(2) Cost
Accounting
(3) Strategic
planning
(4) Budgeting
(5)
Other
Prepared by: Dr. Mohd Eissa Page 3
2. Material
Book 1 - (The Study Text)
Prepared by: Dr. Mohd Eissa Page 4
1. Book 1- IFRS Course
Prepared by: Dr. Mohd Eissa Page 5
11
Prepared by: Dr. Mohd Eissa Page 6
Book 2 - (Practice and Review)
Book 2 – Practice and Review – Contents
# TOPIC
1 - Question and Answer checklist/index 2 - How to revise 3 - The exam Summary (Dec 13 – Dec 18) 4 - Exam technique 5 - Useful websites 6 - 49 Questions on most of the 24 topics 7 - Exams (June 2018 and December 2018)
Prepared by: Dr. Mohd Eissa Page 7
3. Practice and Exams
1. CertIFR (online assessment) offers a broad introduction to the field, and
aims to help you understand how they are used globally.
2. DipIFR is for finance professionals who need to acquire more a detailed
understanding of IFRS. The Diploma will develop your current knowledge
in this field, as well as how to apply the standards. You will learn the
concepts and principles behind.
Which qualification you choose depends on your current knowledge and
experience
* CertIFR exam
Questions Number of marks
Exam type Computer-based, multiple-choice questions
Exam length one hour
Language English
Pass Mark 50%
Assessment Price Old Price GBP140
Promo GBP 112
Types of IFRS Exams:
1. ACCA’s Certificate in
International Financial
Reporting Standards
(CertIFR)
2. ACCA’s Diploma in
International Financial
Reporting
(DipIFR)
Commented [D1]:
Commented [D2]:
Prepared by: Dr. Mohd Eissa Page 8
* Format of the ACCA’s Diploma exam
Question #
1 25 %
2 25 %
3 25 %
4 25 %
100%
Pass Mark 50%
Exam length 3.15 Hrs
Registration fees
GBP 45
Exam Fees GBP 117
4. Our Approach
# Topic
a Course Phases
b Methodology
c Other Issues
a. CCoouurrssee PPhhaasseess
1. Preparation Short- term lectures (20 hrs.) that aim to:
• Developing your English language
• Developing your primary accounting concepts
2. FRS Course Duration: 100 hrs.
• Number of lectures: 25 (4 hrs. each)
• Number of lectures per weak: 1 or 2 (Will be agreed upon later
on)
• Additional Review lectures may be delivered
Prepared by: Dr. Mohd Eissa Page 9
1- Preparation Short- term lectures (20 hrs.)
Lecture
1 CH 1: Accounting Cycle
2 CH 2: Financial Statements
3 Financial Statements
4 CH 3: Cash and Receivables
5 Cash and Receivables
2- IFRS Course Duration: 100 hrs.
See pages 3 – 6 above
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22.. NNeeww GGrroouuppss ttoo jjooiinn::
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