Diploma in IFRS (DipIFR) Masterclass | Pass the ACCA Exam & Apply IFRS in Practice Master IFRS Concepts, Exam Techniques, and Real-World Financial Reporting

Don’t Just Pass DipIFR… Start Thinking Like an IFRS Expert

This masterclass goes beyond exam preparation to help you truly understand and apply IFRS in real business scenarios. You will learn how to approach exam questions strategically while also developing the practical skills needed to analyze financial statements, apply accounting policies, and make professional judgments with confidence.

Presented by: Dr. Hesham Mokheimer

Build Real IFRS Expertise, Not Just Exam Knowledge

Course Content

Lesson Content

0% Complete 0/20 Steps

Download Exam Questions Excel Files for Answers

Exam Question: Percentatage of Completion

Exam Question (2021): Machine, Service, and Onerous Contract

ACCA Mock Exam: Accounting for Revenue in Construction Companies

ACCA Mock Exam: Revenue Recognition on Machine and Service

Exam Question: Accounting for Call Option

Exam Question: Accounting for Extended and Assurance Warranty

Exam Question: Consignment Sale Agreement

Exam Question (December 2015 Ammended): 5 Steps Model with Variabile Price

Exam Question (December 2015): Ammended Accounting for Right of Return

Exam Question (December 2015 Ammended): Non Refundable Payment to a Customer

Exam Question (December 2019): Explanation for Timing and Measurement of Revenue Recognition

Exam Question (December 2019): Step 3 Allocation of SP Machine and a Service Item

Exam Question (December 2020): Repurchase Agreement For a Land

Exam Question (June 2014 Ammended): Accounting for Repurchase Agreements

Exam Question (June 2021): Principle and Agent Agreement

Exam Question: Revenue from Machine and Service

Exam Question: Variable Consideration

Exam Question (December 2015 Ammended): Accounting for Sales Incentive

Exam Question (December 2019): Accounting For Significant Finance Component and Right of Return

4. Assets

Lesson Content

0% Complete 0/16 Steps

Download Lesson Materials

Module 1 Part 1: Definition and Types of Inventory

Module 1 Part 2: Key Terms in IAS 2

Module 2 Part 1: Cost of Inventory

Module 2 Part 2: Costs Excluded from Inventory

Module 2 Part 3: Example

Module 3 Part 1: Cost Formulas

Module 3 Part 2: Example

Module 4: Net Realisable Value

Module 5: Recognition As An Expense

Variable Overhead Versus Fixed Overhead Accounting for Inventory

Module 6: Disclosure

Download Exam Questions Excel Files for Answers

Exam Question: Cost of Inventory

Exam Question: FIFO vs. Weighted Average

Exam Quesion: Summary of Cost of Inventory

Lesson Content

0% Complete 0/25 Steps

Download Lesson Materials

Module 1: Introduction

Module 2 Part 1: Recognition Criteria of PPE

Module 2 Part 2: Initial Measurement of PP&E Assets

Module 2 Part 3: Spare Parts Inventory or PP&E

Module 3 Part 1: Exchange of Similar Assets

Module 3 Part 2: Exchange of Dissimilar Assets

Module 3 Part 3: Exchange with Cash Payment

Module 4 Part 1: Expensing Costs

Module 4 Part 2: Capitalizing Costs

Module 4 Part 3: Key Factors to Consider

Module 5 Part 1: Cost Model

Module 5 Part 2: Example on Cost Model

Module 5 Part 3: Revaluation Model

Module 5 Part 4: Choosing Your Path

Module 5 Part 5: Example of Revaluation Model

Module 5 Part 6: Frequency of Revaluation and Key Considerations

Module 5 Part 7: Depreciation

Module 6 Part 1: Derecognition of PP&E Assets

Module 6 Part 2: Disclosure Related to PP&E Assets

1 of 2

Lesson Content

0% Complete 0/12 Steps

Download Lesson Materials

Module 1: Introduction

Module 2: Initial Measurement

Module 3: Subsequent Measurement

Module 4: Disclosure

Module 5: Detailed Look on Revaluation Model

Module 6: Research and development under IAS 38

Exam Question (December 2021): Recognition And Treatment Of Brand Names

Exam Question: Definition Of PPE And Intangible Assets

Exam Question: Recognition Criteria For An Intangible Asset

Exam Question: Revaluation Of Intangible Assets

Exam Question: Treatment Of Advertising Costs

Lesson Content

0% Complete 0/18 Steps

Download Lesson Materials

Module 1: Introduction to IAS 40 Investment Property

Module 2: Recognition and Initial Measurement

Module 3 Part 1: Subsequent MeasurementCost Model

Module 3 Part 2: Subsequent MeasurementFair Value Model

Module 3 Part 3: Subsequent Measurement Impairment

Module 3 Part 4: Practical Scenarios

Module 4 Part 1: Introduction about Transfers from and to Investment properties

Module 4 Part 2: Transfers from Investment Properties

Module 4 Part 3: Transfers to Investment Properties

Module 4 Part 4: Disclosures Relating to Transfers

Module 5: Fair Value Measurement

Module 6: Government Grants and IAS 40

Module 7: Presentation and Disclosures

Download Exam Questions Excel Files for Answers

Exam Question: Building Split As Per IAS 16 And IAS 40

Exam Question (December 2015 Ammended): Investment Property Converted to Inventory

Exam Question: Land Held For Undermined Use

Lesson Content

0% Complete 0/13 Steps

Download Lesson Materials

Module 1: Introduction to IFRS 5

Module 2: Scope of IFRS 5

Module 3: Recognition and Measurement

Module 4: Measurement of Discontinued Operations

Module 5: Impairment Testing

Module 6: Presentation and Disclosure

Module 7: Practical Examples and Case Studies

Download Exam Questions Excel Files for Answers

Exam Question )Dec 2020): Sale Properties Were Held For Sale

Exam Question (December 2014 Ammended): Explanation of Business Held for Sale Being Presented

Exam Question (December 2020): Discontinued Operations

Exam Question (June 2012 Adapted): Non Current Assets Held For Sale & discontinued operations

Lesson Content

0% Complete 0/11 Steps

Download Lesson Materials

Module 1: Introduction to IAS 36

Module 2: Annual Impairment Testing

Module 3: Steps of Impairment Testing

Module 4: Identification of Cash-Generating Units (CGUs) with Examples

Module 5: Example on Impairment Loss Reversal

Module 6: Allocating Impairment Loss to Individual Assets of CGU

Module 7: Summary

Download Exam Questions Excel Files for Answers

Exam Question: Calculating Value In Use And Impairment Loss

Exam Question: Understanding Impairment Loss Calculation

Lesson Content

0% Complete 0/9 Steps

Download Lesson Materials

Module 1: Definition of Borrowing Costs

Module 2: Scope of Borrowing Costs

Module 3: Measurement of Borrowing Costs

Module 4: Capitalization of Borrowing Costs

Module 5: Disclosures and Presentation

Module 6: Practical Application and Examples

Download Exam Questions Excel Files for Answers

Exam Question (Dec 2020): Accounting Borrowing Costs

Lesson Content

0% Complete 0/15 Steps

Download Lesson Materials

Module 1 Part 1: Introduction to IAS 20

Module 1 Part 2: Definition of Government Grants

Module 2 Part 1: Recongnition of Government Grants

Module 2 Part 2: Initial Recognition of Government Grants

Module 3 Part 1: Meausrement of Government Grants

Module 3 Part 2: Initial Recognition of Government Grants at Nominal Amounts

Module 3 Part 3: Examples and Accounting Treatment of Different Types of Grants

Module 4: Presentation and Disclosure

Module 5: Specific Issues and Case Studies

Module 6: Changes in Government Grants

Download Exam Questions Excel Files for Answers

Exam Question (December 2019): Agriculture and Government Grants

Exam Question: Explanation of Accounting For Grants Related To Assets

Exam Question: Accounting For Grants Related To Assets For Stright Line Dep. And Accelerated Depreciation

Lesson Content

0% Complete 0/13 Steps

Download Lesson Materials

Module 1: Introduction to IAS 41

Module 2: Scope of IAS 41

Module 3: Recognition and Measurement

Module 4: Biological Assets

Module 5: Agricultural Produce

Module 6: Example

Module 7: Government Grants

Module 8: Disclosure Requirements

Ammendment to IAS 41 – Taxation In Fair Value Measurements

Download Exam Questions Excel Files for Answers

Exam Question (June 2015 Adapted): Recognition And Measurement Requirements In IAS 41

Exam Question (Sep 2020): Calculation Of Cv Of Different Types Of Agricultural Assets

Lesson Content

0% Complete 0/11 Steps

Download Lesson Materials

Module 1: Introduction to IFRS 6

Module 2: Recognition and Measurement of Exploration and Evaluation

Module 3: Review on Expenditure Recognition and Treatment

Module 4: Impairment Testing for E&E Assets

Module 5: Numerical Example Impairment Testing for E&E Assets

Module 6: Presentation and Disclosure Requirements

Module 7: Case Studies and Practical Examples

Module 8: Summary and Recap

Exam Question (December 2020): Treatment of Exploration and Evaluation assets

Exam Question: Multiple Scenarios on Capitalisation of Costs Under IFRS 6

5. Liabilities and Provisions

Lesson Content

0% Complete 0/34 Steps

Download Lesson Materials

Module 1 Part 1: Key Principles and Features of IFRS 16

Module 1 Part 2: key Concepts in IFRS 16

Module 1 Part 3: Components of Lease Payments

Module 2 Part 1: Recognizing Leases in FP of Lessees and Exemptions for Lessee

Module 2 Part 2: Present Value Calculations

Module 2 Part 3: Right to Use Assets

Module 2 Part 4: Lease Amortization Schedule for Lessee

Module 2 Part 5: Subsequent Measurement for Lessee

Module 2 Part 6: Recognition Exemptions For Lessee

Module 2 Part 7: Presentation and Disclosure By Lessee

Module 3 Part 1: Accounting By Lessor – Classificatio of Lease Contracts

Module 3 Part 2: Identifiying The Finance Lease for Lessor

Module 3 Part 3: Brief About Accounting Treatment By Lessor

Module 3 Part 4: Accounting for Finance Lease

Module 3 Part 5: Accounting for Operating Lease

Module 3 Part 6: Presentation and Disclosure By Lessor

Module 4: Accounting for Sale And Leaseback

Module 5: Accounting for Sub-Lease

Module 6 Part 1: Introduction About Lease Modification

1 of 2

Lesson Content

0% Complete 0/16 Steps

Download Lesson Materials

Module 1: Introduction To Ias 12 – Income Taxes

Module 2: Temporary Differences

Module 3: Recognition Of Current Tax Liabilities And Assets

Module 4: Temporary Differences And Tax Bases

Module 5: Measurement Of Deferred Tax Assets And Liabilities

Module 6: Uncertainty Related To Recovery Of Deferred Tax Assets

Module 7: Presentation And Disclosure

Module 8: Recognition Of Current And Deferred Tax In Consolidated FS

Module 9: Common Challenges In Applying IAS 12

Download Exam Questions Excel Files for Answers

Exam Question: Deferred Tax Liability on Revaluation Gain

Exam Question: Deffered Tax On Development Asset

Exam Question: Definitions And Terms In IAS 12

Exam Question: Temprary Difference Related To Equity Investment Valuation

Ammendement to IAS 12: Recognition Of Deferred Tax On Leases And Decommissioning Obligations (Ammendement to IAS 12)

Lesson Content

0% Complete 0/22 Steps

Download Lesson Materials

Module 1: Introduction to IAS 19

Module 2: Scope of IAS 19

Module 3: Recognition of Employee Benefits

Module 4: Short-term Employee Benefits

Module 5: Recognition and Measurement of Short-term Employee Benefits

Module 6: Types of Long Post-Employment Benefits Plans

Module 7 Part 1: FV of Plan Assets and PVof Plan Liability

Module 7 Part 2: Actuarial Assumptionsof Post EmploymentBenefits

Module 7 Part 3: Methods of Measuring Post Employment Benefits

Module 7 Part 4: Accounting for Actuarial Assumptions of Post Emp.Benefits

Module 8: Comprehensive Example Defined Benefit Plan with OCI Impact

Module 9: Description of Funded and Unfunded Plans

Module 10: Overview of Other Long-term Benefits

Module 11: Recognition and Measurement of Other Long-term Benefits

Module 12: Termination Benefits

Module 13: Disclosure Requirements

Download Exam Questions Excel Files for Answers

Exam Question (Dec 2011 Ammended): Explanation Of Acc. For Defined Benefit Plans

Exam Question (December 2013 Adapted): Termination Of Employees

1 of 2

Lesson Content

0% Complete 0/13 Steps

Download Lesson Materials

Module 1: Introduction to IAS 37

Module 2: Recognition Criteria for Provisions

Module 3: Measurement of Provisions

Module 4: Initial Recognition and Subsequent Measurement

Module 5: Contingent Liabilities and Contingent Assets

Module 6: Application Examples and Case Studies

Module 7: Disclosure Requirements

Module 8: Challenges and Implementation Issues

Ammendment to IAS 37 – Onerous Contract

Download Exam Questions Excel Files for Answers

Exam Question (June 2012 Adapted): Legal Case

Exam Question (June 2021): Cost Of Decommissioning

Lesson Content

0% Complete 0/15 Steps

Download Lesson Materials

Module 1: Introduction to IFRS 2

Module 2: Scope of IFRS 2

Module 3: Recognition of Share-Based Payments

Module 4: Equity-Settled Share-Based Payments

Module 5: Cash-settled Share-Based Payments

Module 6: Modification of Share-Based Payment Transactions

Module 7: Group Transactions and Cash-Settled Awards

Module 8: Presentation and Disclosure

Module 9: Updates and Recent Developments

Download Exam Questions Excel Files for Answers

Exam Question (December 2014 Adapted): Equity Settlement Share based payments

Exam Question (June 2016): Share Options with Reprecing Effects

Exam Question (June 2019): Details About Share Rights Recognition And Measurement

Exam Question: Share Options based on Performance Conditions

6. Financial Instruments

Lesson Content

0% Complete 0/51 Steps

Download Lesson Materials

Module 1: Introduction To IFRS 9

Module 2 Part 1: Financial Instruments Basic Definitions

Module 2 Part 2: Amortized Cost Definition

Module 2 Part 3: Fair Value through Profit or Loss (FVTPL) Definition

Module 2 Part 4: Fair Value through Other Comprehensive Income (FVTOCI) Definition

Module 3 Part 1: Why does Classification of Financial Assets Matter

Module 3 Part 2: Initial Recognition of Financial Assets

Module 3 Part 2: Recap and Summary of Financial Assets Classification

Module 3 Part 3: Categories of Financial Assets

Module 3 Part 3: Reclassification of Financial Assets

Module 3 Part 4: Financial Assets at Amortized Cost

Module 3 Part 5: Financial Assets at FVTOCI

Module 3 Part 6: Financial Assets at FVTPL

Module 4: Impairment of Financial Assets (ECL Model)

Module 5: Derecognition Of Financial Assets

Module 6 Part 1: Classification of Financial Liabilities Amortized Cost

Module 6 Part 2: Classification of Financial Liabilities FVTPL

Module 6 Part 3: Reclassification and Derecognition

Module 7 Part 1: Introduction to Hedge Accounting

1 of 3

Lesson Content

0% Complete 0/13 Steps

Download Lesson Materials

Module 1: Introduction to IFRS 7

Module 2: Scope of IFRS 7

Module 3: Objective of Financial Instruments Disclosures

Module 4: Structure and Content of IFRS 7

Module 5: Categories of Financial Instruments

Module 6: Fair Value Measurement

Module 7: Risk Management Objectives and Policies.

Module 8: Qualitative Disclosures

Module 9: Quantitative Disclosures

Module 10: Hedge Accounting Disclosures

IFRS 7 Risk Disclosures

Amendments to IFRS 7 And IAS 7 – Regarding Supplier Finance Arrangements

Lesson Content

0% Complete 0/15 Steps

Download Lesson Materials

Module 1: Introduction to Fair Value Measurement

Module 2: Scope of IFRS 13

Module 3: Key Principles of Fair Value Measurement

Module 4: Valuation Techniques

Module 5: Inputs to Fair Value Measurement

Module 6: Fair Value for Financial Instruments

Module 7: Fair Value of Non-Financial Assets and Liabilities

Module 8: Transfers between Levels of the Fair Value Hierarchy

Module 9: Disclosures under IFRS 13

Module 10: Challenges and Implementation Issues

Download Exam Questions Excel Files for Answers

Exam Question (June 2019): Investment Property Valuation

Exam Question: Determining FV in Principle Market and Most Advantegous Market

Exam Question (June 2014 Ammended): Identifying Principle Market and Related FV

7. Group Reporting and Consolidation

Lesson Content

0% Complete 0/34 Steps

Download Lesson Materials

Part 1 Module 1: Overview And Introduction

Part 1 Module 2: Control Vs. Significant Influence

Part 1 Module 3: Key Definitions And Explanations

Part 1 Module 4: What Are The Requirements For Consolidation

Part 1 Module 5: Exceptions To Providing Consolidated Financial Statements

Part 1 Module 6 Preliminary Steps

Part 1 Module 7: Goodwill Under Ifrs 3 – Business Combinations

Part 2 Module 1: Introduction

Part 2 Module 2: Examples For Steps 4 And 5

Part 2 Module 3: Introduction On Consolidated Financial Statements

Part 3 Module 1: Introduction

Part 3 Module 2: Consolidation Issues- Unrealized Profit on Intra Group Transaction

Part 4 Module 1: Introduction

Part 4 Module 2: Consolidation Issues: Acquired Intangible Assets

Part 4 Module 3: Consolidation Issues: Fair Value Adjustments

Part 5 Module 1: Consolidation adjustements Transfer of Non-Current Assets

Part 6 Module 1: Introduction

Part 6 Module 2: Disclosure Of Non-Controlling Interest In Income Statement

Part 6 Module 3: Pre And Post Acquisition Profits

1 of 2

2 of 3

Register Now

Current Status

Price

1200

Get Started

This course is currently closed

Download Course Brochure

Course Details:

$100$120092% OFF

Download Course Brochure

Build Real IFRS Expertise, Not Just Exam Knowledge Pass the Exam with Skills You’ll Actually Use at Work

This course combines exam-focused preparation with practical IFRS application. You won’t just memorize standards - you will understand how they are applied in real companies, how financial statements are impacted, and how to make sound accounting judgments. This approach not only improves exam performance but also prepares you for real professional challenges.

Full coverage of IFRS standards with real-life business application

Learn how to analyze financial statements using IFRS principles

Strong focus on professional judgment and decision-making

Exam techniques combined with practical case-based learning

Real-world examples to connect theory with actual reporting scenarios

Understand how IFRS impacts profitability, assets, and financial position

Build skills relevant for roles in accounting, audit, and finance

Apply IFRS standards in both exam and real-world scenarios

Analyze and interpret financial statements with confidence

Make sound accounting judgments based on IFRS principles

Structure high-quality answers for DipIFR exam questions

Understand the business impact of accounting decisions

Be fully prepared to pass the ACCA DipIFR exam and perform in practice

Check If This Course Is Suitable For You

Download Full Course Outline

--

View Hesham’s Profile

Request Invoice

Total Learners

LinkedIn Recommendations

Join The Elite Community

Verified recommendations by LinkedIn members

Uncover Insights: Interact with the Live Data

Frequently Asked Questions

Yes, basic accounting knowledge is enough.

Yes, mock exams and past exams are included.

Yes, the course is fully exam-focused.

Yes, full materials, notes, and question bank are included.

Yes, until exam date.

Contact Us If You Have Questions

Our team is ready to assist you with any inquiries regarding the course or the IFRS exam.

Ready to Pass the IFRS Certificate Exam?

Join the Certificate in IFRS Exam Preparation Course and start your journey toward IFRS expertise and international certification.

Download Brochure

Benefits

This course does not just teach IFRS

Mon-Wed 09:00 AM - 08:00 PM

Thu-Sat 08:00 AM - 05:00 PM

Sunday Closed

Certificate in IFRS (ACCA DipIFR) – Exam Preparation Course

Certificate in IFRS (ACCA DipIFR) – Exam Preparation Course

FAQ

Exam Preparation Course

Get Certificate

Start Your Finance Journey Today

Enroll Now

Community