ICAEW Certificate in IFRS

The Institute of Chartered Accountants in England and Wales (ICAEW) has over 132,000 members in 165 countries, and their IFRS Certificate (Certificate level Learning and Assessment Programme in International Financial Reporting Standards) is widely respected as an international business credential for both users and preparers of financial information.

IASeminars is proud to have been named as an official ICAEW Partner in Learning, working together to offer the ICAEW Certificate in IFRS to our clients worldwide.

• Assessment (Exam)
  
• Preparation and Study
  
• Learning Options & Prices
  

The ICAEW Certificate in IFRS helps to develop and demonstrate:

• Proficiency in accounting based on International Financial Reporting Standards
  
• Ability to understand and apply IFRS principles in standard business situations
  
• Competence in the production of IFRS-compliant financial statements
  
• Knowledge of the impact on your organization of transitioning to IFRS
  
• Capability in understanding and interpreting published financial statements
  
• Competence when making business decisions based on financial information
  
• Attainment of a professional credential from a prestigious international institute
  
• Enhanced credibility when offering professional services (e.g. audit) on financial reporting issues
  

For those individuals who would like to demonstrate their competence in IFRS, or who are looking to enhance their career prospects in international accounting, the ICAEW Certificate in IFRS provides independent and prestigious proof of the holder’s IFRS knowledge and understanding. View client feedback on the ICAEW Certificate in IFRS Certificate, as well as on other IASeminars training products.

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Assessment: The ICAEW Certificate in IFRS is self-taught, and is assessed online in an ‘open book’ environment where the official IASB standards and other suitable publications can be used. Candidates will have a time limit of 2 hours to complete the online assessment, and must achieve a score of 70% in order to pass. The assessment comprises 60 multiple-choice test questions drawn from a bank of many hundred such questions.

Candidates can take the assessment at any time - and as often as they wish - during their 12 month registration period.

The assessment is available through any internet connection, and is accessed using a unique login code that is provided to each candidate when they register. Upon successful completion of the online assessment, candidates will be able to immediately download and print off a personalized ICAEW certificate which demonstrates their professional achievement in IFRS knowledge.


Preparation and Study: The exact time required to prepare for and pass the ICAEW Certificate in IFRS is dependent on the candidate’s prior knowledge and experience of IFRS, but is estimated to be the equivalent of 70 hours of full time study on average.

Exam preparation can be done using the official ICAEW self-study materials that are provided upon registration, and / or by attending an IASeminars IFRS training course, which we offer in several formats, including e-learning. Candidates are also free to prepare for the ICAEW Certificate in IFRS in any other manner that they choose.


Learning Options & IASeminars Prices:

Self-study Materials + Official Assessment: GBP 395 / USD 700

All candidates will receive the official ICAEW Certificate in IFRS Handbook, together with a 12-month access to the online learning environment - view the ICAEW Certificate in IFRS virtual learning quick tour.

The interactive online learning environment includes:

• the online assessment
  
• an overview of IFRS
  
• examples and illustrations
  
• self-test questions and answers
  

Following registration and payment, full instructions and a unique login code will be emailed to candidates, who will then have 12 months of online access for learning and assessment purposes.

Prices exclude postage, packing and UK VAT (where applicable). Please contact us for further information and to order.


IASeminars IFRS training courses:

Sold separately from the ICAEW Certificate in IFRS online learning and assessment programme, our instructor-led IFRS seminars represent an effective supplement or alternative to self-study for the ICAEW Certificate in IFRS, and are offered around the world in a variety of formats. Candidates should select an IFRS training course that is appropriate for their learning needs and prior background.

For more information about any of the above (including group discounts) or to register, please contact us.

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Feedback from students of the ICAEW IFRS Certificate:

• I have completed the online modules. Overall the modules are a good tool to reinforce the text.


• I have been really happy with the materials and thought that the exam was thorough. I like the flexibility of self study and the on-line exam format. The overall study materials were great - they covered the standards well and prepared you to pass the exam. One concern I had when I purchased the program was that it perhaps was written in a way that was hard to understand coming from a US perspective – I was uncertain if there would be slightly different terminology and perhaps comparisons to British GAAP – this concern turned out to be unfounded. The materials are not comparative to any other standards, the focus is on IFRS and the terminology is not a problem.


• I have found the online ICAEW program material even better because of the user friendly format and high quality simple and lucid content. And I am relying completely on this, while preparing to take the certificate exam in the next 2 weeks.


• Based on my experience on studying the IFRS certificate materials so far, I found this program helpful for understanding the basis of IFRS. I think the materials in the program outline the overall IFRS by taking a simplistic approach of reinforcing the basic concepts of IFRS and the elements used in the financial reporting, and the applications of IFRS. The materials (both, online and the textbook) are easy to follow and are not complex. The contents of the online materials and textbook are the same, but since the online materials have additional features such as interactive functions, practice questions and module tests, which are not in the textbook, I could just study and follow the online materials and use the textbook as a reference.