How to Prepare for the Diploma in IFRS Exams for Jun 2025

How to Prepare for the Diploma in IFRS Exams: Insights from World Toppers

Preparing for the ACCA Diploma in IFRS exam can feel daunting, but success is within reach with strategic planning, consistent effort, and the right resources. In December 2020, three world toppers – Aravindh (88%), Bhavik (85%), and Rishabh (81%) – shared invaluable insights during a session hosted by Eduyush. Their strategies and tips provide a roadmap for students aiming to excel in the Diploma in IFRS course. Here's how to prepare effectively and aim for top scores (80%+) on your IFRS certification by ACCA.

How to Pass the ACCA Diploma in IFRS for June 2025

1. Set Clear Goals and Aim High

One key takeaway from Aravindh, a world topper, is the importance of aiming beyond the 50% pass mark. He advises students to target high scores to ensure a thorough understanding of International Financial Reporting Standards.

Key Tips:

• Dedicate at least 150-200 hours of study time over three months.
• Focus on all topics, including those perceived as dry or less frequently tested.
• Apply judgment when tackling principle-based standards like IFRS.
• Listen to his insights on how he scored 88%

2. Create a Strategic Study Plan

Bhavik shared how strategic planning helped him balance personal obligations and exam preparation. Despite starting late, he focused on creating a timetable and sticking to it.

Bhavik’s Strategy:

• Allocate 1-2 hours daily for study and 5-6 hours on weekends.
• Break down the syllabus into manageable sections.
• Use Eduyush resources such as lectures, recorded sessions, and quiz banks for focused preparation.
• Listen in to his insights on how he scored 85%

3. Practice, Practice, Practice

Rishabh emphasized the importance of consistent practice and mock exams. He noted that revision kits, past exam papers, and practice questions from the BPP practice set book were instrumental in his success.

Why Practice Matters:

• Familiarizes you with the Computer-Based Examination (CBE) format.
• Improves typing speed and presentation skills, which are crucial for the CBE.
• Builds confidence through realistic exam simulations (attempt at least 2-3 complete mock exams).
• Listen in to his insights on how he scored 81%

4. Focus on Technical Papers and Consolidation Topics

The consolidation question is often perceived as challenging, but Bhavik advises not starting with it during the exam. Instead, prioritize technical papers and leave ample time for revision.

Key Resources:

• Eduyush’s detailed technical papers.
• IFRS diploma study material covering all core standards.
• Focused Eduyush quizzes to assess progress on complex topics.

5. Leverage Eduyush Resources

All three toppers praised Eduyush for its comprehensive learning support, including recorded lectures, quiz banks, and live sessions.

Highlights:

• Attend the Eduyush Exam technique session a month before the exam.
• Use resources like the IFRS certification online platform to strengthen weak areas.
• Rely on past year questions and mock exams to understand examiner expectations.

6. Get Support from Family and Workplace

Managing work-life balance during exam preparation can be challenging. The toppers emphasized the importance of communicating with family and colleagues about your study schedule. This ensures you have the time and mental space to focus on IFRS exam preparation.

7. Key Exam Day Strategies

When asked about exam day tips, Aravindh, Bhavik, and Rishabh shared the following:

• Start with questions you are confident about.
• Use Excel for calculations and Word for written explanations. Reference both to ensure clarity for the examiner.
• Take short breaks during the exam to stay focused and avoid burnout.

8. Additional Tips for Success

• Familiarize Yourself with the CBE Platform: Ensure you are comfortable navigating the CBE interface.
• Improve Typing Speed: Speed and clarity are crucial when answering questions in the exam.
• Use Revision Kits: Bhavik found the BPP revision kits helpful in avoiding common mistakes.

In Summary: Aim for Excellence

Preparation for the ACCA Diploma in IFRS requires consistency, strategic planning, and practice. By leveraging resources like Eduyush, setting clear goals, and dedicating sufficient time to study, you can achieve top scores like Aravindh, Bhavik, and Rishabh.

Start early, stay consistent, and don’t hesitate to communicate your needs with family and colleagues. With the right mindset and preparation, success in the Diploma in IFRS course is within your grasp.

resources available, Eduyush can guide you every step of the way. You can enroll now by visiting the ACCA Diploma in IFRS enrolment page or call/Whatsapp directly at +91 9643308079 for personalized assistance. Take the first step towards excelling in the IFRS exam today!