Certificate in International Accounting and Reporting Compliance (CIARC)-Self Paced

The Certificate in International Accounting and Reporting Compliance equips finance professionals with expertise in IFRS standards, focusing on consolidation, financial instruments, hedging, and ethics. It prepares them to prepare, interpret, and audit financial statements globally.

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The Certificate in International Accounting and Reporting Compliance is designed to equip finance professionals with comprehensive knowledge and practical skills in the application of International Financial Reporting Standards (IFRS) and advanced-level reporting concepts. The course covers critical areas such as consolidation, business combinations, financial instruments, hedging, and ethical compliance in reporting. With globalization driving financial transparency, this program provides the technical and ethical grounding needed to interpret, prepare, and audit financial statements in accordance with IFRS. It is ideal for accountants, auditors, finance managers, and corporate controllers operating in multinational or IFRS-compliant environments.

To provide a detailed understanding of the structure, scope, and application of key IFRS standards.
To explain the accounting treatment of business combinations, group consolidations, and investments in subsidiaries.
To develop expertise in the accounting of complex financial instruments including derivatives and hedging activities.
To introduce fair value measurement, impairment rules, and revenue recognition under IFRS.
To build awareness of ethical obligations, disclosure requirements, and compliance standards in financial reporting.
To strengthen analytical skills needed to evaluate financial statements for international stakeholders.

M-1: International Financial Reporting Standards (IFRS)

M-2: Consolidation and Business Combinations

M-3: Accounting for Derivatives and Hedging

M-4: Financial Reporting Ethics and Compliance

M-1: International Financial Reporting Standards (IFRS)

M-2: Consolidation and Business Combinations

M-3: Accounting for Derivatives and Hedging

M-4: Financial Reporting Ethics and Compliance

Upon successful completion of this course, learners will be able to:

Interpret and apply major IFRS standards relevant to recognition, measurement, presentation, and disclosure.
Prepare consolidated financial statements involving subsidiaries, associates, and joint ventures.
Account for derivatives and apply hedge accounting techniques in compliance with IFRS 9.
Understand the implications of fair value, impairment, and financial instrument classification.
Evaluate ethical considerations and regulatory compliance in global financial reporting environments.
Demonstrate the ability to critically analyze financial reports and communicate insights for decision-making.

This program is endorsed by International Professional Accreditation Council – Singapore [www.ipacglobal.org]

Features:
Duration: The Program offers self-paced completion with no set deadlines.
Short Video Materials: Yes
Mode of Learning: Self-Paced

Exam Method:

Number of Exams: 01
Number of Questions: 20 MCQ Questions
Duration: 30 Minutes
Total Marks: 100
Pass Mark: 50%

Assignment:

Total Assignments: 01
01 Capstone Projects
- Total Marks: 300
- Pass Mark: 50%

04 Practical Focus Module
Post Completion:
- Electronic Certificate

IFRS Application Skills
- Ability to apply IFRS concepts in preparing and reviewing financial statements.
Consolidation Mastery
- Competence in preparing group accounts and handling business combinations.
Financial Instrument Expertise
- Skill in accounting for derivatives, hedging, and financial instrument valuation.
Compliance & Ethics Insight
- Understanding of ethical standards and legal obligations in financial reporting.
Disclosure and Transparency
- Capability to implement accurate and full disclosure practices as per IFRS norms.
Financial Analysis & Communication
- Proficiency in interpreting financial data and presenting findings to internal and external stakeholders.