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DipIFRS Exam Preparation: Proven Study Tips to Pass the Diploma in IFRS Exam Easily (Targeting Students & Working Professionals!)
Are you aiming for your DipIFRS certification? This video shares the successful strategy used by a candidate to clear the Diploma in IFRS (DipIFRS) exam, making the complex material feel "very easy".
Learn the winning DipIFRS Study Plan and Exam Strategy:
Hear directly from a successful candidate who achieved 100% paper attempt rate and found the teaching methodology "very wonderful" and "totally different". He emphasizes that the comprehensive preparation, including covering all IFRS standards and detailed revision, is enough to clear the certification.
Key Exam Insights & Preparation Steps:
• Focus on Core Standards: The candidate noted the exam focused significantly on Intangible Assets and IAS 37 (Provisions), along with questions derived from IAS 10. Successful preparation requires understanding these fundamental standards and ensuring your basic points and recognition criteria are clear.
• The Power of Practice: The candidate highly recommends rigorous practice using the BPP kit questions and attempting multiple mock tests. The main challenge of the DipIFRS exam is managing the specific three hours of limited time, making timed mock test practice essential to simulate the actual exam day pressure.
• Effective Time Management: For students and those with full-time jobs, the candidate suggests that three to four months of full attention is sufficient for study. The recommended preparation involved attending weekly classes, followed by revision of standards.
• Ideal for Graduates and Professionals with Gaps: This review is highly encouraging for graduates and those with an educational gap of nearly 20 years. If you are related to accounting, the concepts are not inherently difficult, but strict adherence to a study schedule (like dedicating two hours to revise material after class) is necessary.
Watch the full video now to gain deep insights into mastering your IFRS concepts and following a structured DipIFRS study plan! Live classes are highly recommended for optimal exam success.