INTERNATIONAL FINANCIAL

REPORTING STANDARDS
UNDERSTAND AND APPLY IFRS WITH CONFIDENCE
DO YOU UNDERSTAND THE FULL
IMPACT OF IFRS?
The Institute of Chartered Accountants in England and
Wales (ICAEW) is a global accountancy body
established in 1880. The ICAEW is a not-for-profit
organisation with an overarching obligation to act in
the public interest. A world-leader of the accountancy
and finance profession, the ICAEW is headquartered in
London’s financial district and has a presence across the
world’s capital markets.
International Financial Reporting Standards (IFRS)
continue to be adopted by more markets thus
representing challenges to organisations and staff who
produce and use financial statements. Financial policies,
processes and systems will need to be reviewed and
often changed. To help you understand and implement
IFRS requirements with confidence, the ICAEW has
developed a specialist learning and assessment
programme.
The IFRS learning and assessment programme
Available worldwide, this flexible certificate level
programme will prepare you for the challenge that lies
ahead. The programme is self-taught and easily
accessible so you can learn at your own pace, wherever
you are. There is also the additional benefit of the online
certificated assessment, which allows you to
demonstrate your knowledge and understanding.
Who will benefit from the programme?
• Accountants and finance staff involved in the
preparation of financial statements.
• Investor relations, company secretaries, public
relations and marketing teams.
• Analysts, investors and portfolio managers.
• Risk management, compliance and legal teams.
• Regulators and standard setters.
• Students studying finance, accountancy, business
and those pursuing MBAs.
Benefits to individuals
• High quality, practical and commercially-focused,
developed by leading experts in international
standards.
• Flexible, interactive online learning materials and
assessment to suit all learning needs, wherever you are.
• Relevant to all who use, prepare or interpret financial
statements.
Benefits to businesses
• Enhance the level of IFRS understanding across
business functions and international locations.
• High quality certificate level programme that provides
an international benchmark of excellence.
• Flexible desktop learning that fits around existing
work commitments.
• Suitable for all staff who may use, prepare or interpret
financial statements.
Benefits to colleges and universities
• Up-to-date specialist programme that can easily be
integrated into established courses.
• Flexible, interactive online learning materials and
assessment, which can be accessed any time and
anywhere.
• Programme can be tailored to support classroom
delivery or self study, by providing learning materials
and assessment.
‘ The material provided for the IFRS
certificate programme is very well
balanced with theoretical and practical
aspects woven together. This is
particularly helpful for students without
any IFRS background. Furthermore, the
cross referencing of the material to the
paragraphs in the standards is very
helpful in reinforcing the learning.’
Pradip Menon, Regional Director of Accounting
Unilever Asia, Africa, Middle East, Turkey,
Central and Eastern Europe region
CERTIFICATE LEVEL
What will I learn?
The programme will enable you to:
• understand and apply IFRS
principles, concepts and
knowledge in a commercial
setting
• assess the standards’ commercial
impact on your business
• make informed business decisions
and provide practical business
advice
• produce and interpret financial
statements and information.
How will I learn?
Our comprehensive learning
materials give you the information,
knowledge and guidance you need
to fully understand the impact of
IFRS and how to apply standards in
a business context.
Learning materials
Learning manual: provides an
overview of all current international
financial reporting standards, with
illustrations and examples to help
prepare you for the online
assessment.
Interactive online learning
environment: online version of the
learning manual including practice
tests, so you can test your level of
understanding before taking the
final assessment.
WHAT TO DO NEXT
For more information or to order the IFRS learning and assessment programme:
T +44 (0)1908 248 040 E ifrs@icaew.com www.icaew.com/ifrs
Online certificated assessment:
the assessment contains 60 multiple
choice questions and is two hours
long. Your assessment result will be
available immediately. On successful
completion, you can print your
ICAEW certificate of completion,
which will demonstrate your
knowledge and understanding.
Entry requirements
None.
Study time
On average, it will take 70 hours
study time but it could be less
depending on your experience and
knowledge of IFRS.
Order IFRS
To place your order visit
www.icaew.com/ifrs
Discounts are available for ICAEW
members, current ACA students,
Financial Reporting Faculty members
and on multiple corporate purchases.
ICAEW
FINANCIAL
REPORTING
FACULTY
The Financial Reporting Faculty
is a new ICAEW faculty
subscription service which
responds to the ever increasing
complexity and changes in the
financial reporting
environment.
The faculty provides highly
accessible and practical
assistance on financial
reporting issues which will help
keep you up to date and
understand the implications of
new standards, regulations and
practice in financial reporting.
Membership also includes
electronic access to ALL the
International Accounting
Standards Board publications
(eIFRS).
When so much of what you do
involves inspiring confidence in
others, the backing of a
trusted, independent body that
is committed to the public
interest can make all the
difference.
For more information on the
benefits of becoming a
Financial Reporting Faculty
member visit
www.icaew.com/frf
Other qualifications and development programmes offered by the ICAEW
ACA the qualification for business leaders worldwide. For more information on the suite of
qualifications and development programmes
Business Sustainability Programme an informative
from the ICAEW, visit www.icaew.com/learning
and practical e-learning tool.
or call:
Certificate in Finance, Accounting and Business
provides essential knowledge for today’s business UK T +44 (0)1908 248 040
environment. EU T +32 (0)2 230 3272
CF the internationally recognised Corporate Finance Hong Kong T +852 2287 7277
qualification.
Malaysia T +6 (03)2171 6022
Diploma in Charity Accounting the specialist
China T +86 10 8518 8622
qualification for the charity sector in partnership with
Cass Business School. Russia T +44 (0)20 7920 8782

Pathways to Membership the Examination of

Experience route to ICAEW membership for ACCA,
CIMA and CIPFA qualified members.

Undergraduate Partnership Programme

collaboration between the ICAEW and three of the
most prestigious UK universities – Cardiff Business
School, Manchester Business School and Warwick
Business School. Integrates academic and
professional study, leading to the ACA.

As a world-class professional accountancy body,

The Institute of Chartered Accountants in England and
Wales (ICAEW) provides leadership and practical support
to over 132,000 members in more than 160 countries,
working with governments, regulators and industry to
maintain the highest standards.

Our members provide financial knowledge and guidance
based on the highest technical and ethical standards. They
are trained to challenge people and organisations to think
and act differently, to provide clarity and rigour, and so
help create and sustain prosperity. The ICAEW ensures these
skills are constantly developed, recognised and valued.
The ICAEW is a founder member of the Global Accounting
Alliance, which represents over 788,000 professional
accountants in over 140 countries worldwide, to promote
quality services, share information and collaborate on
important international issues.

Because of us, people can do business with confidence.

The Institute of Chartered Accountants in England and Wales

Chartered Accountants’ Hall Moorgate Place London EC2R 6EA UK

T +44 (0)1908 248 040 E ifrs@icaew.com

www.icaew.com/ifrs