UNDERSTAND AND APPLY IFRS WITH CONFIDENCE

INTERNATIONAL FINANCIALREPORTING STANDARDS

The Institute of Chartered Accountants in England andWales (ICAEW) is a global accountancy bodyestablished in 1880. The ICAEW is a not-for-profitorganisation with an overarching obligation to act inthe public interest. A world-leader of the accountancyand finance profession, the ICAEW is headquartered inLondon’s financial district and has a presence across theworld’s capital markets.

International Financial Reporting Standards (IFRS)continue to be adopted by more markets thusrepresenting challenges to organisations and staff whoproduce and use financial statements. Financial policies,processes and systems will need to be reviewed andoften changed. To help you understand and implementIFRS requirements with confidence, the ICAEW hasdeveloped a specialist learning and assessmentprogramme.

The IFRS learning and assessment programme

Available worldwide, this flexible certificate levelprogramme will prepare you for the challenge that liesahead. The programme is self-taught and easilyaccessible so you can learn at your own pace, whereveryou are. There is also the additional benefit of the onlinecertificated assessment, which allows you todemonstrate your knowledge and understanding.

Who will benefit from the programme?

• Accountants and finance staff involved in thepreparation of financial statements.

• Investor relations, company secretaries, publicrelations 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 internationalstandards.

• Flexible, interactive online learning materials andassessment to suit all learning needs, wherever you are.

• Relevant to all who use, prepare or interpret financialstatements.

Benefits to businesses

• Enhance the level of IFRS understanding acrossbusiness functions and international locations.

• High quality certificate level programme that providesan international benchmark of excellence.

• Flexible desktop learning that fits around existing work commitments.

• Suitable for all staff who may use, prepare or interpretfinancial statements.

Benefits to colleges and universities

• Up-to-date specialist programme that can easily beintegrated into established courses.

• Flexible, interactive online learning materials andassessment, which can be accessed any time andanywhere.

• Programme can be tailored to support classroomdelivery or self study, by providing learning materialsand assessment.

DO YOU UNDERSTAND THE FULL IMPACT OF IFRS?

The material provided for the IFRScertificate programme is very wellbalanced with theoretical and practicalaspects woven together. This isparticularly helpful for students withoutany IFRS background. Furthermore, thecross referencing of the material to theparagraphs in the standards is veryhelpful in reinforcing the learning.’

Pradip Menon, Regional Director of Accounting Unilever Asia, Africa, Middle East, Turkey, Central and Eastern Europe region

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CERTIFICATE LEVEL

What will I learn?

The programme will enable you to:

• understand and apply IFRSprinciples, concepts andknowledge in a commercialsetting

• assess the standards’ commercialimpact on your business

• make informed business decisionsand provide practical businessadvice

• produce and interpret financialstatements and information.

How will I learn?

Our comprehensive learningmaterials give you the information,knowledge and guidance you needto fully understand the impact ofIFRS and how to apply standards ina business context.

Learning materials

Learning manual: provides anoverview of all current internationalfinancial reporting standards, withillustrations and examples to helpprepare you for the onlineassessment.

Interactive online learningenvironment: online version of thelearning manual including practicetests, so you can test your level ofunderstanding before taking thefinal assessment.

Online certificated assessment:the assessment contains 60 multiplechoice questions and is two hourslong. Your assessment result will beavailable immediately. On successfulcompletion, you can print yourICAEW certificate of completion,which will demonstrate yourknowledge and understanding.

Entry requirements

None.

Study time

On average, it will take 70 hoursstudy time but it could be lessdepending on your experience andknowledge of IFRS.

Order IFRSTo place your order visitwww.icaew.com/ifrs

Discounts are available for ICAEWmembers, current ACA students,Financial Reporting Faculty membersand on multiple corporate purchases.

WHAT TO DO NEXTFor 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

ICAEWFINANCIALREPORTINGFACULTYThe Financial Reporting Facultyis a new ICAEW facultysubscription service whichresponds to the ever increasingcomplexity and changes in thefinancial reportingenvironment.

The faculty provides highlyaccessible and practicalassistance on financialreporting issues which will helpkeep you up to date andunderstand the implications ofnew standards, regulations andpractice in financial reporting.Membership also includeselectronic access to ALL theInternational AccountingStandards Board publications(eIFRS).

When so much of what you doinvolves inspiring confidence inothers, the backing of atrusted, independent body thatis committed to the publicinterest can make all thedifference.

For more information on thebenefits of becoming aFinancial Reporting Facultymember visitwww.icaew.com/frf

Other qualifications and development programmes offered by the ICAEW

For more information on the suite ofqualifications and development programmesfrom the ICAEW, visit www.icaew.com/learningor call:

UK T +44 (0)1908 248 040

EU T +32 (0)2 230 3272

Hong Kong T +852 2287 7277

Malaysia T +6 (03)2171 6022

China T +86 10 8518 8622

Russia T +44 (0)20 7920 8782

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.

Because of us, people can do business with confidence.

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.

The Institute of Chartered Accountants in England and WalesChartered Accountants’ Hall Moorgate Place London EC2R 6EA UK

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

www.icaew.com/ifrs

ACA the qualification for business leaders worldwide.

Business Sustainability Programme an informativeand practical e-learning tool.

Certificate in Finance, Accounting and Businessprovides essential knowledge for today’s businessenvironment.

CF the internationally recognised Corporate Financequalification.

Diploma in Charity Accounting the specialistqualification for the charity sector in partnership withCass Business School.

Pathways to Membership the Examination ofExperience route to ICAEW membership for ACCA,CIMA and CIPFA qualified members.

Undergraduate Partnership Programmecollaboration between the ICAEW and three of themost prestigious UK universities – Cardiff BusinessSchool, Manchester Business School and WarwickBusiness School. Integrates academic andprofessional study, leading to the ACA.