IFRS Certification: A Complete Guide to the Diploma, Costs, Study Materials, and Preparation
The International Financial Reporting Standards (IFRS) certification is one of the most recognized global accounting qualifications awarded by the Association of Chartered Certified Accountants (ACCA). It is designed for accountants, finance managers, and auditors who want to understand and .apply international financial reporting standards in practice
This guide explains everything you need to know about the IFRS Diploma, including costs, differences between the certificate and diploma, recommended books, and study materials.
IFRS Diploma Overview
?What is the IFRS Diploma
The Diploma in International Financial Reporting (Dip IFRS) is a specialized training program tha prepares accounting professionals to apply international standards when preparing and presenting financial statements.
The diploma is ACCA-accredited and is widely regarded as a global benchmark for professionals working in organizations that adopt IFRS. Earning the diploma gives candidates a competitive advantage in the international job market and supports career progression.
IFRS Diploma Cost
The cost of the IFRS Diploma varies depending on the country and the training provider. On average, the total global cost ranges between $1,000 and $1,500 USD.
This usually includes:
ACCA registration fees
Exam fees
Study materials and preparation courses
In many countries, including Saudi Arabia and Egypt, training providers may offer discounted packages, especially for early registration or online programs.
IFRS Certification in Saudi Arabia
The IFRS qualification has become increasingly important in Saudi Arabia due to the country’s transition from local standards to international reporting standards.
Several organizations and training providers offer IFRS courses and diploma programs, including the Saudi Organization for Chartered and Professional Accountants (SOCPA), alongside international and local training centers that prepare candidates for the exam.
Obtaining the IFRS certification in Saudi Arabia significantly enhances employment opportunities within large corporations, banks, and financial institutions.
Difference Between IFRS Certificate and IFRS Diploma
IFRS Certificate
Typically designed for beginners or professionals with limited IFRS experience
Focuses on fundamental concepts and standard overview
IFRS Diploma (Dip IFRS)
More advanced and application-focused
Includes case studies and practical scenarios
Preferred for experienced accountants or those seeking deeper expertise
The main difference lies in depth and professional level. The diploma provides stronger practical skills and carries greater weight in the job market.
IFRS Diploma Book
One of the most important preparation resources is the official IFRS Diploma study text provided by ACCA. It offers:
Detailed explanations of each accounting standard
Practical examples and applications
Practice questions and past exam papers
This book is considered the primary reference for exam candidates.
International Accounting Standards Diploma
Many training providers refer to the IFRS Diploma as the International Accounting Standards Diploma. It focuses on preparing financial statements under IAS and IFRS and typically covers topics such as:
Revenue recognition
Property, plant, and equipment
Financial instruments
Deferred tax
Business combinations
IFRS 2025 Study Materials (PDF)
Many candidates search for updated IFRS 2025 PDF materials to prepare effectively. These materials often include:
Updated standard explanations
Practical examples
Revision summaries for exam preparation
Official ACCA materials remain the most reliable, but summaries from reputable training providers can also be useful for revision.
How to Obtain the IFRS Certification
To earn the IFRS certification, follow these steps:
Register through ACCA or an approved training provider.
Study official materials or enroll in online/in-person courses.
Sit for the exam (approximately 3 hours), which includes written and case-based questions.
Achieve a passing score of 50% or higher.
Free IFRS Materials Download
There are many online resources offering free IFRS study materials, including summaries, recorded lectures, and PDF guides explaining the standards.
In this guide, we provide complete IFRS Diploma materials with the latest updates, including textbooks, summaries, and practice questions. These resources can be downloaded for free via a direct link through MediaFire by clicking the download image below to access the download page.
