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Diploma IFRS

  • 22-05-2015 8:28pm
    #1
    Jamama
    Registered Users, Registered Users 2 Posts: 13 ✭


    I was thinking about doing a diploma in IFRS.
    Which one is best - chartered or ACCA.
    I was thinking about doing the chartered distance course.
    Is there much work involved? Would it be possible to study for it yourself and just do the ACCA exam?
    Thanks.


Comments

  • #2
    Biloxi Blues
    Registered Users, Registered Users 2 Posts: 117 ✭✭Biloxi Blues


    Don't give the Institute of the Chartered Thieves the money. Costs you €2,000 to do it by distance if you are a member and another €300 on top of that if you are not. It's more again if you want to do it by classroom (which I believe is only available in Dublin anyway, which is little surprise seeing as that body is mainly concerned with the Big 4 and even at that it is the Dublin based Big 4). The ACCA equivalent will cost you £205 STG to enter the exam and you'll spend another £150 or so on text and study materials, but you might be able to pick them up second hand if you look on various forums. That's a big saving on what that other shower want to bleed out of you.I am Chartered qualified, for what it's worth, but did the ACCA IFRS exam completely on my own. Fair bit of work involved and the key is to practice as many exam questions as possible. If doing it while working, you'd be looking at 12/15 hours per week of study/practice over a 4 month period. Exam is held twice a year on the second Tuesday of June and December.


  • #3
    Jamama
    Registered Users, Registered Users 2 Posts: 13 ✭Jamama


    Ha ha i see you have a few issues with the institute! Thanks Biloxi. 12/15 hours is doable. Do you think potential employers would care or even know the difference, if any, between the 2 courses?
    Some firms I know of are changing from chartered to acca because of lower fees.


  • #4
    Biloxi Blues
    Registered Users, Registered Users 2 Posts: 117 ✭✭Biloxi Blues


    Jamama wrote: »
    Ha ha i see you have a few issues with the institute! Thanks Biloxi. 12/15 hours is doable. Do you think potential employers would care or even know the difference, if any, between the 2 courses?
    Some firms I know of are changing from chartered to acca because of lower fees.

    I don't think most employers would care and if they want to want to attach some 'premium' on the ICAI equivalant than they they are dinosaurs from a different era. The ones you mentioned who are changing have got the right idea.


  • #5
    Immy
    Registered Users, Registered Users 2 Posts: 260 ✭✭Immy


    I did the ACCA one by studying myself. I learned the material from the exam questions answers. Just did them over and over until I knew them.


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