The Diploma in IFRS ACCA is one of the most sought-after certifications for finance professionals looking to enhance their expertise in International Financial Reporting Standards (IFRS). Whether you are a Chartered Accountant, finance graduate, or working professional, this diploma can open doors to global career opportunities.
But how do you ensure success in your DipIFR journey? The answer lies in choosing the best Diploma in IFRS ACCA books and leveraging the right study materials.
This post is all about finding the right tools to do just that. We’ll explore some helpful ACCA IFRS Diploma books and syllabus details to give you a clear roadmap for preparation. We will also touch on some study strategies and other things to keep in mind. So, let’s dive in!
Choosing the right study material is crucial when preparing for the Diploma in IFRS (ACCA). It can totally make or break your career
Here are some highly recommended resources for the Diploma in IFRS ACCA study material:
- “International Financial Reporting Standards: A Practical Guide” by Hennie van Greunen – Best for beginners and conceptual clarity.
- BPP’s Diploma in International Financial Reporting Study Kit – Comprehensive coverage of the syllabus with exam-focused practice questions.
- Roadmap to IFRS and IND AS by CA Shibarama Tripathy – Useful for Indian candidates transitioning to IFRS.
- Practical Implementation Guide and Workbook by Deloitte IFRS – It has real world case studies for practical learning.
Now, you might wonder where to exactly buy these books and that too at affordable rates?
You can purchase Diploma in IFRS ACCA books online from platforms like:
- Amazon – Competitive prices, fast delivery, and genuine customer reviews.
- Eduyush – Specialized IFRS study materials and bundles designed for exam preparation.
- Zeroinfy – for BPP’s IFRS study kit bundle.
Remember, to always check online reviews and ratings before making a purchase.
Self-Study Material For The Diploma In IFRS?
Many candidates prefer self-study to prepare for the Diploma in IFRS ACCA.
Self study requires strong self-discipline, effective time management, and the ability to learn independently. However, it comes with its own benefits and limitations
Pros of Self-Study:
- Flexible schedule and pace.
- Cost-effective compared to coaching programs.
- Wide access to free and paid online resources.
Cons of Self-Study:
- Lack of structured learning and expert guidance.
- Difficulty in understanding complex IFRS standards without help.
- Limited access to exam-focused mock tests.
For free advice, you can always hop onto community driven platforms like Quora for personalized insights. But advice on this platform is subjective and should be evaluated critically.
What Is The DipIFR Syllabus By ACCA Global?
The Diploma in IFRS ACCA syllabus as per ACCA global for 2024-25 includes following ky areas:
- Conceptual Framework for Financial Reporting
- Application of IFRS Standards
- Group Financial Statements Preparation (excluding cash flow statements).
- Disclosure Requirements for Companies in financial reports.
You can download the detailed syllabus guide here.
Upon completion of the diploma, candidates should be able to:
- Explain and apply IASB’s Conceptual Framework.
- Implement IFRS standards in financial statements.
- Identify and apply disclosure requirements.
- Prepare group financial statements, including subsidiaries and joint arrangements.
What Are The Best Ways To Pass The IFRS Diploma?
Recent statistics from ACCA global shows the average passing rate for Dip IFRS to be around 40-45%. Therefore, you cannot just rely on self study to pass the exams unless you have strong accounting knowledge and analytical skills.
Here are some tip son how to pass IFRS diploma exams:
Start with a Study Schedule
Have a clear cut plan on how you will study, what time will be needed and what efforts you need to achieve those targets.
- Set realistic and consistent goals. Like 2 -3 hours of study every day consistently on weekdays.
- Keep your goals flexible to have room for any unplanned events.
- Track your progress regularly to stay on target.
Pick Study Materials
Utilize ACCA-approved study materials to ensure comprehensive coverage of the syllabus. Some examples are:
- BPP Learning Media – for full study kit, individual subject books and passcards in print and eBook options.
- Kaplan Publishing – for books, revision kits, pocket notes and video lectures,
Focus on Gaining Conceptual Clarity
Instead of rot memorizing each topic, understand the meaning and practical application behind it. This mindset will help you answer tricky questions confidently in exams.
- Break down complex topics into simpler parts.
- Relate standards to real-life scenarios to grasp their relevance.
- Focus on topics like revenue recognition, leases, and financial instruments, as these often form the core of exams.
Practice Well before Exams
Always have a considerable amount of time kept reserved for revisions where you solve mock test papers, last 3-5 previous year question papers and practice questions in your study materials. With constant practice you get an idea of how to appear for exams.
Pro Tip: Watch revision sessions for a summarised brief review of the topic or subject.
Seek Expert Guidance
Passing the IFRS diploma requires more than just theoretical knowledge—it demands a solid study strategy, practical understanding, and regular practice.
If you’re looking for expert guidance, Ikka Classes offers structured coaching for IFRS.
Why Us?
- 100% Placement Assistance
- Online and in person coaching options
- Additional study material
- 95% Passing Success Rate
- One on one doubt sessions
- Mentoring by industry experts
- Mock tests and revisions
Enroll now and take the first step with Ikka Classes today! Contact us for more details.
Frequently Asked Questions About Diploma In IFRS ACCA Books
The best ACCA IFRS diploma books for study preparation are:
- International Financial Reporting Standards: A Practical Guide” by Hennie van Greunen
- BPP’s Diploma in International Financial Reporting Study Kit
- Roadmap to IFRS and IND AS by CA Shibarama Tripathy
- BPP’s DipIFR passcards for quick revision
- Plan your study routine for each day.
- Focus on gaining conceptual clarity.
- Take up mock tests and revise your subjects from time to time.
- Keep yourself updated with the latest changes and developments in the syllabus.