The Course Syllabus and Exam Preparation Guide have been developed by ACCA to assist candidates in planning their exam preparation and provide detailed information on what may be projected. This program is the same for all training centers.

А. International legal sources

1. The International Accounting Standards Board (IASB) and the legal and regulatory framework
   • The role and tasks of the IASB.
   • The process of developing and approving IFRS.
   • Interaction of IFRS with national accounting standards.
   • Principles of regulation and control of financial reporting.
2. Fundamental ethical and professional principles
   • Fundamentals of ethics in the profession of accountant and auditor.
   • Code of Ethics for Professional Accountants.
   • The impact of ethical principles on reporting and decision-making.

B. Elements of financial statements

1. Revenue recognition (IFRS 15)
   • Five steps to recognize revenue.
   • Contracts with clients and their criteria.
   • Distribution of income into separate elements.
   • Recognition of revenue over time or upon performance.
2. Property, plant and equipment (IAS 16)
   • Initial valuation and classification of fixed assets.
   • Depreciation methods and their justification.
   • Changes in value, disposal and impairment of property, plant and equipment.
3. Impairment of assets (IAS 36)
   • Identification of impairment indicators.
   • Estimating the replacement cost.
   • Impairment procedures and their accounting.
   • Recovery of impairment.
4. Leases (IFRS 16)
   • Classification of leases: operating and financial.
   • Lease accounting for tenants and landlords.
   • Recognition of lease liabilities.
   • Lease with the right to purchase and its accounting.
5. Intangible assets and goodwill (IAS 38)
   • Definition and criteria for recognizing intangible assets.
   • Accounting for goodwill in a business combination.
   • Impairment of intangible assets.
   • Revaluation of intangible assets.
6. Inventories (IAS 2)
   • Estimating the value of inventories.
   • Methods of inventory accounting and write-off.
   • Impact of changes in inventory value on financial results.
   • Disclosure of information on inventories.
7. Financial instruments (IFRS 9)
   • Classification and valuation of financial instruments.
   • Accounting for financial assets and liabilities.
   • Expected credit losses.
   • Derivatives and hedging.
8. Contingent liabilities, contingent liabilities and contingent assets (IAS 37)
   • Criteria for recognizing contingent liabilities.
   • Accounting for contingent liabilities and assets.
   • Assessment of liabilities and potential risks.
   • Disclosure of information.
9. Employee benefits (IAS 19)
   • Types of employee benefits (short-term, long-term).
   • Pension liabilities and their accounting.
   • Defined contribution and defined benefit plans.
   • Disclosure of information on remuneration.
10. Taxation in financial statements (IAS 12)
    • Accounting for income tax.
    • Deferred tax liabilities and assets.
    • Impact of tax changes on reporting.
    • Disclosure of information on taxes.
11. Effects of changes in foreign exchange rates (IAS 21)
    • Valuation of foreign currency transactions.
    • Translation of foreign currency transactions for consolidated reporting.
    • Exchange rate differences and their accounting.
    • Disclosure of information on currency risks.
12. Agriculture (IAS 41)
    • Identification and valuation of biological assets.
    • Assessment of agricultural products.
    • Recognition of income from biological assets.
    • Disclosure of information on agriculture.
13. Share-based payments (IFRS 2)
    • Types of share-based payments.
    • Accounting for shares granted to employees and partners.
    • Estimating the fair value of share-based payments.
    • Impact on financial statements.
14. Exploration and evaluation costs for mineral resources (IFRS 6)
    • Exploration expenses: definition and accounting.
    • Valuation of exploration and evaluation assets.
    • Impairment of mineral exploration assets.
    • Disclosure of information.
15. Fair value measurement (IFRS 13)
    • Fair value measurement methods.
    • Fair value hierarchy and its application.
    • Fair value disclosures.
    • Impact on financial statements.

C. Presentation of the financial statements and supplementary disclosures

1. Presentation of the statement of financial position, the statement of profit or loss and other comprehensive income, and the statement of changes in equity (IFRS 1)
   • Report formats and structure.
   • Information disclosure requirements.
   • Differences between the statements of profit or loss and other comprehensive income.
   • Disclosure of changes in equity.
2. Earnings per share (IAS 33)
   • Calculation of basic and diluted earnings per share.
   • Effect of issuing new shares and options.
   • Disclosure of information on earnings per share.
3. Events after the end of the reporting period (IFRS 10)
   • Events that require adjustment and disclosure.
   • Events that do not require adjustment.
   • Impact of events on reporting.
   • Information disclosure requirements.
4. Accounting policies, changes in accounting estimates and errors (IFRS 8)
   • Selection and application of accounting policies.
   • Adjustments and disclosure of changes in estimates.
   • Errors accounting and correction.
   • Disclosure of changes in accounting policies.
5. Related party disclosures (IAS 24)
   • Identification of related parties.
   • Related party transactions and their disclosure.
   • Impact of related party transactions on financial statements.
6. Operating segments (IFRS 8)
   • Identification of business segments.
   • Evaluation of segment results.
   • Segment disclosure requirements.
7. Reporting requirements for small and medium-sized enterprises (SMEs)
   • Reporting features for small and medium-sized enterprises.
   • Simplified disclosure requirements.
   • Differences between SME reporting and general reporting.
8. Sustainability disclosures
   • Implementation of sustainable development standards (ESRS).
   • Sustainability reporting requirements.
   • The impact of sustainability standards on the work of accountants.

D. Preparation of external financial statements for joint ventures, associates and joint arrangements

1. Preparation of group consolidated external reporting (IFRS 10)
   • Principles of consolidation.
   • Stages of combining financial statements.
   • Disclosure of information on consolidated statements.
2. Business combinations - intra-group adjustments (IFRS 3)
   • Elimination of intra-group transactions.
   • Adjustment of investments in subsidiaries.
   • The impact of intra-group transactions on reporting.
3. Business combinations - fair value adjustments (IFRS 3)
   • Measurement of assets and liabilities at fair value.
   • Adjustment of the balance sheet after the merger.
   • Disclosure of information on business combinations.
4. Business combinations - associates and joint ventures (IFRS 11, IAS 28)
   • Recognition of investments in associates.
   • Accounting for joint control.
   • Accounting principles in financial statements.
5. Sale of a full shareholding in a subsidiary
   • Procedures for the sale of a subsidiary.
   • Accounting for the result of the sale.
   • Disclosure of information on the sale of assets and liabilities.

The course program is aimed at providing a comprehensive understanding of IFRS, reviewing real-world application examples and preparing students for the DipIFR exam.

The detailed program is available on the official ACCA website at the linkhttps://www.accaglobal.com/russia/ru/qualifications/dipifr-rus/exam_structure/syllabus.html#