The IFRS exam is an in-depth assessment designed to evaluate your expertise in International Financial Reporting Standards. The exam duration is 3 hours and 15 minutes, and you are required to achieve a minimum score of 50% to pass.
The exam consists of four questions, each worth 25 marks, totaling 100 marks. Each question is crafted to test your ability to apply IFRS principles and standards to various practical and theoretical scenarios. The questions may include case studies, problem-solving tasks, and detailed analyses, reflecting real-world applications of IFRS.
The exam is conducted twice a year, in June and December, providing candidates with two opportunities annually to demonstrate their knowledge. This structure ensures a comprehensive evaluation of your understanding and application of IFRS, preparing you for practical challenges in the accounting and finance fields.