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, using local accounting standards. 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.

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.

Who is it for:

The Diploma is ideal for accountant, finance or tax professionals, who need to understand and apply the IFRS /IAS. Please, note that the teaching and all study materials for the Diploma are provided in English.

A professional to be eligible to take the Diploma should:

  • three years’ relevant accounting experience (by submitting a letter from your employer)
  • a relevant degree plus two years’ work experience
  • an ACCA Certificate in International Financial Reporting plus two years’ work experience.
    Registration:You can register online here.There are also some documents that should be sent to ACCA by post

    • Completed registration form
    • Copy of an ID card/passport
    • Two passport sized pictures
    • Copy of Marriage certificate if the name is different
    • Proof of payment
    • Letter for a relevant two or three years of professional experience
    • Copy of university diploma if the relevant experience is two years

    All documents should be translated in English.

    Registration with ACCA should be made by the following dates:

  • 15 April for the June exam session
  • 31 October for the December exam session
    Please note that documents should be sent by post at least 10 days before these dates.
    The examination is a three hour paper in English 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.

Your initial registration fee includes one exam attempt. A further fee is charged for any re-sit.
June 2017 fees are £185 for the initial registration fee (by 1st May 2017) and £299 for a re-sit.

The late entry fee is £299 – 2 – 8 May 2017.

Optimal graduation period:  6 months

MDV Courses:

Online Lectures plus 6 days classroom training (in English language), structuring the DipIFR syllabus into manageable study and revision packs.
The full course guarantees 42 CPD points for ACCA members.

DipIFR training program for June 2017 exam session*

Module Delivery Method Tutor Dates Price**
Module I
(6 CPD)
Online N/A Upon Registration 50 EUR
Module II
(18 CPD)
Face-to-face Lincoln Miles 11 – 13 May 700 EUR
Module III
(18 CPD)
Face-to-face Lincoln Miles 15 – 17 May  620 EUR 
Online N/A N/A
Mock Exam In Centre N/A 29 or 30 May 50 EUR
Package price for registration in all modules (42 CPD) : 1199 EUR


*Dates might be subject to change
**All prices quoted are VAT exclusive

Exam Date: 9th June 2017

Study materials:

  • Online Lectures (ACCA F7 – Financial Reporting)
  • Study book
  • Practice & revision kit
  • Course notes

MDV fees:

The standard price of the DipIFR course is EUR 1,199 (VAT excluded) per participant.

It includes training, study materials (online lectures, soft and hard copies), mock exam, access to tutor and pass assurance.

For further information and registrations, please contact MDV:

T: +359 887 492 126
E: sales@mdvtraining.bg