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  • Avatar of ansi
    ansi
    Moderator
    • Topics: 89
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    hi all,

    It looks like i’ll be the first one to post here :)

    This is our newly created group, specially for Diploma in IFRS!

    Most of u come here for ACCA materials and study buddies, however ACCA qualification is not the only thing that we can study.
    There are plenty of degrees that we can get on our way to ACCA membership or after it :)

    One of those degrees is Diploma in International Financial Reporting Standards, or DipIFR.

    You can read more about it here :

    http://www2.accaglobal.com/members/qualifications/dipifr/

    Some of u might think , why borther , u’ll have ACCA, which includes financial reporting papers, and what makes this Diploma different.

    Well, the big difference is that u’ll need to pass just one exam and u’ll be recognized as an IFRS specialist, while ACCA will still take you years. So simply, u can get some proof of your qualification earlier, plus it’s a separate Diploma which will serve as a good proof of your professional knowledge.

    The difficulty of the paper lies between F7 and P2 exams.

    Many things could be mentioned here, but excessive information is presented at ACCA website :)

    As for materials, from my quick overview, i guess BPP and ATC would be the most suitable :)

    So let’s gather together and work towards obtaining of this degree!!

    good luck,
    ansi


    avatar
    myvios2008
    Participant
    • Topics: 0
    • Replies: 2

    Hi Ansi,

    Have you achieved the DipIFR? I’m planning to take the June 2012 exam and right now starting the preparation class with BPP material.

    Do you have any suggestion for those preparing for the exam?

    Thanks


    Avatar of ansi
    ansi
    Moderator
    • Topics: 89
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    Hi Myv,

    yea , i did, thanks God :)
    For DipIFR i suggest ATC materials. I also had bpp books, but ATC just did it for me. Some days of practice and i passed the exam without big problem, though i failed F7 at the same sitting :-)
    Add me to friends, i think we’ll have things to discuss :)


    Avatar of ansi
    ansi
    Moderator
    • Topics: 89
    • Replies: 811

    Big suggestion for this exam two things :

    1) Be perfect at consolidation.
    Columnar approach (several columns) is better then 1 column for CIS.
    And concentrate on your workings. They must be clear and detailed.

    Get ready that it might take u half of exam time. At least that’s how it did for me.

    2) Don’t ignore theoretical issues, like conceptual framework.
    Be ready to explain what u are doing.

    U see DipIFR is a complicated exam, so my advice is, do not try to memorise the book. It’s not possible in 3 months. It can take up to year or more to study it well.
    To pass this exam u need to practice. Practice!
    I was studying DipIFR at the same time with F7 so of course it was easier for me then if i was doing DipIFR alone, but to be honest with u , i was not good at standards, i really was not. What i did , is practiced with kit. And memorized all the small differences between F7 and DipIFR, because same things are examined all the time.


    avatar
    ownersequity
    Participant
    • Topics: 0
    • Replies: 2

    Hi Ansi

    If I may ask, which kit are you refering to?.
    Also I just registered for the certIfr and the DipIfr and i barely have 3months to prepare. the good thing is i have now to june free to study full time, no work.
    In your opinion, what will be the best aproach I can take, and what will you recommend as study matterial.

    warm regards


    avatar
    ownersequity
    Participant
    • Topics: 0
    • Replies: 2

    Does this Forum actualy exist? who is the moderator/admin here? cant feel your action.


    Avatar of ansi
    ansi
    Moderator
    • Topics: 89
    • Replies: 811

    Hi,
    this forum exists :)
    but it’s not like it’s being checked every day :)
    i was quite busy recently and noticed your post only now.

    In my posts i am refering to ATC kit.
    Go to ATC international website and you’ll find that kit there, not for free though.

    I am not sure it was a good idea to register for CerfIFR and DipIFR at the same time. You should have completed CertIFR first., but well it’s up to u.

    And again, as for Study material, i recommend ATC.
    Though ATC is good to use when u have a strong knowledge of consolidation. I acquired it by using LSBF lectures,
    however if u check OT F7 videos , they will be very helpful to you.

    What i suggest u is to practice immediately , with kit.
    U don’t really have time to study and in DipIFR it’s impossible to study everything anyway. U just need to train yourself to pass this exam.


    avatar
    Debo
    Participant
    • Topics: 0
    • Replies: 1

    Hello All, just joined the forum recently, and observed we don’t have much discursive content on DipIFR i.e not so much comments on topics and how the exam went. I wrote the June 2013 exams. Did any other person do this here?

    Thanks.

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