IFRSs learning and assessment programme The IFRSs learning and assessment programme (certificate) will give you a comprehensive overview of all current international standards in the private sector. It is designed for anyone who is involved with the preparation and use of financial statements or who simply needs to develop or refresh their knowledge of IFRS. This course will enable you to:. understand IFRSs principles, concepts and knowledge in a commercial setting;. assess the standards’ commercial impact on business; and.
make informed business decisions. provide practical business advice; and. produce and interpret financial statements and information Assessment: The IFRSs learning and assessment programme is self-taught and is assessed online in an ‘open book’ environment where the official IASB standards and other suitable publications can be used. Candidates will have a time limit of 2 hours to complete the online assessment, and must achieve a score of 60% in order to pass. The assessment comprises 60 multiple-choice test questions drawn from a bank of many hundred such questions.
Candidates can take the assessment at any time - and as often as they wish - during their 12 month registration period. The assessment is available online (please see recommended system requirements below) and is accessed using a unique login code that is provided to each candidate when they register. Upon successful completion of the online assessment, candidates will be able to immediately download and print off a personalised ICAEW certificate which demonstrates successful completion of the programme. Preparation and study: The exact time required to study for the ICAEW Certificate in IFRS is dependent on the candidate’s prior knowledge and experience of IFRS but is estimated to be the equivalent of 70 hours of full-time study on average. Exam preparation can be done using the official ICAEW self-study materials that are provided upon registration. Candidates are also free to prepare for the ICAEW Certificate in IFRS in any other manner that they choose. CPD: The course will entitle you to 70 CPD hours on successful completion of the assessment.
Investment: 12-month access to the online programme for one individual will cost: R9,900 (Including Vat) Postage for the certificate study manual is not included in this price and will need to be paid when completing the order online. All candidates have the option to receive the official International Financial Reporting Standards Certificate Manual to support their learning. If this is not required you may remove this from the online order. The interactive online learning environment includes: Learning materials:. Learning manual: provides an overview of all current IFRSs, with illustrations and examples to help prepare you for the online assessment. Interactive online learning: online version of the learning manual including practice tests, so you can test your level of understanding before taking the final assessment. Online 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 certificate of achievement, which will demonstrate your knowledge and understanding Following registration and payment, full instructions and a unique login code will be emailed to candidates, who will then have 12 months of online access for learning and assessment purposes. To register, System requirements The minimum system requirements to run the programme are:. Windows 7 operating system. IE8, IE9, IE10, IE11 or the latest versions of Firefox/Chrome. Processor: 1.4 GHz 32-bit (x86) or 64-bit (x64).
Memory (RAM) 2GB or higher. Free hard disk space. Screen resolution: 1024 x 768 or higher. Flash player: Version 11.2 or higher. Adobe Reader: Version 7 or higher.
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