Diploma in IAS / IFRS

If you are a finance professional who wants to enrich professional skills and knowledge about the details of International Accounting Standards (IASs)/ International Financial Reporting Standards (IFRSs), Diploma in IAS/ IFRS is a swift and proficient solution to meet such needs to develop an effective working knowledge of the area. Currently, in over 115 countries it is mandatory for public limited companies to comply with IASs/ IFRSs. Realizing the emerging diversities and complexities in the world of accounting and the excessive use of IASs/ IFRSs in relation to its local and international applications, the Institute is offering Diploma in IAS/ IFRS to equip professionals with the globally accepted reporting standards to enable them to avail such employment opportunities in the global as well as local corporate market.

Aims and Objectives

The objective of the program is to apprise the participants with latest techniques and standards of Financial Reporting and global benchmark to ensure better financial management and corporate governance. On completion of the Diploma, participants should be able to:

  • Comprehend and elucidate the structure of the international accounting framework .
  • Develop expertise in the recognition and application of relevant financial reporting standards to key elements of financial reports .
  • Solve the issues in relation to IASs/ IFRSs.
  • Step forward within various accounting support roles as IASs/ IFRSs specialists .
  • Craft boulevards of international mobility.
  • AAPA/ ACIS/ M.Com/ MS in Accounting/ MBA with at least three (3) years experience;
  • B.Com/ BS in Accounting/BBA with at least five (5) years experience;
  • CMA (Managerial level/ 4 Stages/ 4 Semesters/ Level 2) and CA Inter/ CAF Level qualified with at least two (2) years experience;
  • ACMA/ FCMA, ACA/ FCA, ACCA, CFA and members of other professional institute.
Duration of the Diploma
  • The diploma consists of two Levels i.e., Professional-I & II and duration of each level is three (3) months;
  • Total class and CPD hours for each level is 45;
  • Classes will be held 2 hours in a day on Friday/ Saturday and Sunday (4 hours per week).
Assessment Criteria

The candidates will be required to undertake a 1.5 hours computer based examination (CBE) of each level consist of 50 MCQs of 2 marks each.

Passing Percentage

Passing percentage for each level is 50%.


The result will be displayed on the screen at the end of examination and a list of students will be posted on the notice board of respective centre.


Following two types of certificates will be issued to participants:

i- Certificate of Participation:

Upon attending at least 70% classes’ Certificate of Participation’ will be awarded to each participant of Level-I and CPD hours will be granted according to the actual attendance of participants.

ii- Certificate of Diploma:

Upon completion of both levels examinations ‘Diploma in IAS/IFRS’ will be awarded to each participant. However, certificate of participation will be given to each participant for attending 70% classes.

  • For Institute members and CMAs: Rs. 18,000/- per level
  • For outsiders: Rs. 20,000/- per level
Fee for Reattempt

Any participant who fails to qualify examination [CBE] may reappear in next schedule examination on payment of Rs. 2,000/- per level to get the Diploma.

  • Registration deadline: August 31, 2018
  • Limited seats on first come-first served basis
Course Coordinator

Institute of Cost and Management Accountants of Pakistan

Shamim Ahmed

ICMA Pakistan Building. ST-18/C, Gulshan-e-Iqbal, Block-6, South Region ICMA Pakistan.
Phone: 021-99243598 (Ext. 221) Email: khi@icmap.com.pk

Habib-ullah Shami

ICMA Pakistan Building, 42-Feroozpur Road, Lahore.
Phone: 111-042-262, 042-99214691-3 (Ext. 28 & 31) Cell: 0333-8306003 Email: cpd_lhr@icmap.com.pk

Muhammad Rais Raja

Islamabad Centre Plot No. 16, Sector H/9, Islamabad
Phone: 051-9265215-18 (Ext. 106) Cell: 0313-5076219 Email: muhammad.rais@icmap.com.pk