ACCA Diploma in

International Financial Reporting

(DipIFR) training program
BPP Malta 2012
A series of 5 (+2 FREE) sessions leading to the Diploma in International
Financial Reporting (DipIFR). The sessions can also be bought individually.
All 7 sessions (of 6 hours each) qualify for the attainment of CPE under Core
Competencies Financial Reporting in terms of the MIA CPE Regulations.
About ACCA Diploma in
International Financial Reporting (DipIFR)
Overview
The Diploma in International Financial Reporting is an
internationally recognised qualification in financial accounting
using International Financial Reporting Standards (IFRS/IAS). It
is accredited by the ACCA (Association of Certified Chartered
Accountants) and is aimed at accounting and finance professionals
who already have experience in accounting. On passing the final
exam, the participant will be able to use the letters DipIFR after
his/her name.
The aim of the qualification is to develop knowledge, understanding
and application of International Financial Reporting Standards and
the concepts and principles which underpin them.
Who should attend?
The Diploma is ideal for accountants, finance or tax
professionals, who need a comprehensive refresher of IFRS/
IAS or who need to understand and apply the IFRS/IAS.
If you are working in practice, but not yet qualified, then you
may still be eligible.
A professional to be eligible to take the Diploma should:
Be a member of an Accountancy professional body, or
Have a relevant degree + two years work experience, or
Have three years work experience by submitting a letter
from your employer.
CPE
Participants can also attend individual sessions, according to their
requirements. However, to qualify for the 2-day FREE revision
course, participants must have attended and paid for all 5 sessions.
Although participants are encouraged to sit for the ACCA
DipIFR examination and hence obtain the relevant diploma, that
is left entirely to the participants discretion. The sessions have
been individually accredited for CPE by the Malta Institute of
Accountants and count for the attainment of Core Competencies
(Financial Reporting) in terms of the Institutes CPE regulations.
Examination approach
The examination is a three hour paper divided into two sections.
It contains a mix of computational and discursive elements.
Some questions adopt a scenario/case study approach. Section A
includes a mainly computational question and Section B contains
a mix of computational and discursive questions.


of marks

Section A:
One group accounting question
40

Section B:
Three compulsory questions (20 marks each)
60

100
All questions are compulsory to ensure each candidate is
examined on all the main syllabus areas. The paper will be:
One compulsory 40 mark question covering group account
ing and individual company adjustments, and
Three compulsory 20 mark questions covering a variety of
accounting standards.
3 www.bppmalta.com
On completion of the Diploma candidates should be able to:
understand and explain the structure of the framework of
international accounting
apply relevant financial reporting standards to key elements
of financial reports
identify and apply disclosure requirements for companies
in financial reports and notes
prepare group financial statements (excluding group cash-
flow statements) including subsidiaries, associates and joint
ventures.
Why study DipIFR?
Why choose BPP?
1. Personal service
We will support you from initial enquiry through to
passing the exam.
2. Professionals training professionals
BPP tutors have the necessary professional qualifications
and real-life business and management experience.
3. Market leading study materials
Our study packs are exam focused, fully integrated, easy
to use and up-to-date.
4. Value for money package
Our course fees have no hidden extras, combined with
our high pass rates thus minimising retakes BPP offers
clients the most cost-effective use of qualifications training
investment.
5. Excellent facilities
All our facilities use state of the art equipment at Tower
Business Centre in Swatar, Malta.
DipIFR course schedule for 2012
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MODULE 2
2.1: Non-current assets under IFRS
IAS 16 Property, Plant and Equipment
IAS 23 Borrowing Costs
IAS 36 Impairment of Assets
IAS 20 Government Grants
IAS 38 Intangible Assets
IAS 40 Investment Property
2.2: IFRS 6 Exploration and Evaluation
Expenditures
2.3: IAS 41 Agriculture
2.4: Substance over Form under IFRS
IAS 18 Revenue
IAS 17 Leases
Speaker: Elvia George
Date: 20 March 2012
Time: 09.00 17.00hrs
CPE: 6 hours Core
The objectives of
module 1 are:
to cover the
provisions of IFRSs
dealing with
non-current assets;
to cover the 2
methods used in
preparing a statement
of cash flow; and
to review common
examples of where the
economic substance
of a transaction needs
to be considered in
preference to the legal
form
2
MODULE 3
3.1: Introduction to Groups
3.2: Preparation of the Consolidated Statement
of Financial Position
3.3: Preparation of the Consolidated Statement
of Comprehensive Income
3.4: Accounting for associates and joint ventures
Standards to be covered
IFRS 3 Business Combinations
IFRS 10 Consolidated Financial Statements
IFRS 11 Joint Arrangements
IFRS 12 Disclosure of Interests in other Entities
IAS 21 The Effects of Changes in Foreign
Exchange Rates
IAS 27 Consolidated and Separate Financial
Statements
IAS 28 Investments in Associates
Speaker: Elvia George
Date: 29 March 2012
Time: 09.00 17.00hrs
CPE: 6 hours Core
The objectives of this
module are:
to cover the principles
behind preparing
group accounts under
IFRS, including the new
provisions of IFRS 3;
Discuss the treatment
of goodwill, non-
controlling interest,
retained profits,
intercompany
balances, fair values
and accounting for
associates amongst
others
3
This module will:
Look at the
presentation,
recognition and
measurement of
financial instruments
in accordance with
the relevant standards;
and
Cover the accounting
for pension provision
and deal with defined
contribution and
defined
benefit schemes.
MODULE 1
1.1: Financial instruments under IFRS
IFRS 9 Financial Instruments
IAS 32 Financial Instruments: Presentation
IAS 39 Financial Instruments: Recognition
and Measurement (excluding parts superseded
by IFRS 9)
1.2: Employee benefits
IAS 19 Employee Benefits
Speaker: Kevin Vassallo
Date: 13 March 2012
Time: 09.00 17.00hrs
CPE: 6 hours Core
1
This module will:
Cover how to account
for any payment in
shares, share option
or cash where the
payment is based on
the value of the share;
Deal with current and
deferred tax under
IFRS; and
Demonstrate how
to calculate basic and
diluted earnings per
share (EPS) under the
provisions of IAS 33.
MODULE 4
4.1: Share-based Payment
IFRS 2 Share-based Payment
4.2: Income Taxes
IAS 12 Income Taxes
4.3: Earnings per Share
IAS 33 Earnings per Share
4.4: Fair Value
IFRS 13 Fair Value Measurement
Speakers: Elvia George
0 Kevin Vassallo
Date: 4 April 2012
Time: 09.00 17.00hrs
CPE: 6 hours Core
4
MODULE 6 & 7
REVISION COURSE
Revision course in preparation for the
Dip IFR examination.
Speakers: Kevin Vassallo
Date: 21 & 22 May 2012
Time: 09.00 17.00hrs
CPE: 6 hours Core
The scope of this
FREE 2-day revision
course is to refresh
participants knowledge
of the subjects covered
in the 5-day tuition
course and go through
a number of past exam
questions to develop
ones examinaion skills.
6&7
MODULE 5
5.1: The conceptual framework
5.2: Presentation of published financial
statements
IAS 1 Presentation of Financial Statements
5.3: Reporting Financial Performance
IAS 8 Accounting Policies, Changes in
Accounting Estimates and Errors
IFRS 5 Non-current Assets Held for Sale and
Discontinued Operations
IFRS 8 Operating Segments
5.4: Inventories and construction contracts
IAS 2 Inventories
IAS 11 Construction Contracts
5.5: IAS 37 Provisions, Contingent Liabilities and
Contingent Assets
Speaker: Jonathan Dingli
Date: 25 April 2012
Time: 09.00 17.00hrs
CPE: 6 hours Core
This module will
cover the Conceptual
Framework for the
Preparation and
Presentation of
Financial Statements
and will delve into a
number of standards
dealing with various
transactions, events and
conditions.
5
BPP study materials
BPP Learning Media is the market leading publisher of study materials for professional exams. BPP Learning Media is the only ACCA
Platinum approved publisher worldwide.
Quality materials
All our material is written by subject experts who relish the depth of their involvement with the subject and who over time have built
up good working relationships with the examining bodies. All of our authors are involved in reviewing real exams as they are set and
providing feedback to the examiners and markers. It is this subject expertise that makes the BPP author team unique.
Study text
The DipIFR study book contains all the knowledge you need for
the exam in practical and user friendly format.
Practice & revision kit
The DipIFR practice & revision kit contains a wealth of practice
questions helping you to apply your knowledge and fully prepare
for the exam.
Course notes
We provide you with pre-printed course notes, so you can easily
follow the topics covered in class.
Fees
Fee for individual sessions: 100 per session including course notes, coffee breaks and lunch
Fee for the Diploma Package: 500 including 5 tuition days and 2 FREE revision days, course notes for tuition and revision, coffee
breaks and lunches
Extras:
Textbooks: 75
BPP Study Text which has
extensive coverage of all the
topics covered in the Diploma
BPP Practice & Revision Kit
which is full of exam standard
questions to practice
ACCA Registration: 177
(Approx 212) payable to
ACCA either by credit card or
bank draft
You are kindly requested to collect
the ACCA DipIFR registration form
from the BPP Administration centre
and return your duly completed
form with the following supporting
documentation:
Deadline to register for the June 2012 examination session is 5 April 2012 and deadline
to register for the December 2012 examination session is 5 October 2012.

Examination Dates
Tuesday 19 June 2012
Tuesday 11 December 2012
Passport size photograph
Copy of educational certificates and/or letter from
employer confirming work experience
Fee ( 177)
Please contact Magnolia Tabone on [email protected] for more information.
Jonathan Dingli B.Accty (Hons), FIA, CPA
Graduated Bachelor of Accountancy (Honours) with first class honours from the University
of Malta in 2002. He took on the role of Associate Director within KPMGs Accounting
Advisory Department in 2012 after having worked as a Technical Officer and eventually
Technical Director for the Malta Institute of Accountants since 2005. Before joining the
Institute he also worked for a number of years with KPMG in Malta and in Dublin during
which he was assigned on a number of audits of high level clients both locally and overseas.
Jonathan has been lecturing for the ACCA Advanced IFRS Paper (P2) for BPP Malta and
BPP International since 2008, during which period he taught in Malta, Warsaw, Athens,
Amsterdam, Jersey and XiAn China. .
Interests include classic car restoration, cooking, wine making and outdoor adventure.
Elvia George B.Accty (Hons), FIA, CPA
Graduated from the University of Malta with first class honours. Currently head of the
Finance Section of one of the main local commercial banks.
Elvia lectures with BPP and is also a part time lecturer at the University of Malta.
Kevin Vassallo MSc Finance (Leicester) Dist., AIA, CPA
MIA qualified and also holds a Masters Degree in Finance from the University of Leicester.
Kevin is a manager in the Human Resources office at the Central Bank of Malta. Kevin
lectures financial and corporate reporting with BPP Malta.
Interests include football, jogging and travel.
Your tutors
How to find us
Book
your course
BPP Professional Education Malta Ltd. Level 1, Tower Business Centre, Tower Street, Swatar, BKR 4013 Malta