CIFA, Certified International Financial Accountant, is a certification designed for professional accountants who are expected to possess adequate knowledge of the international accounting practices.
The CIFA program focuses on the main accounting practices under the IFRS. The holder of the CIFA designation will possess adequate knowledge of proper accounting practices in line with the IFRS on the following accounting aspects
I attended CIFA course during the period from 21march 2017 till 25march ,during this period we covered more than 73% from IAS and IFRS. Maximum benefits has been achieved from many aspects as increasing my knowledge ,value added and assist in the conversion from Saudi Arabia accounting standards (SOCPA) to IFRS which will be adopted by 2017
Many countries are moving towards International Financial Reporting Standards (IFRS) as a common accounting language worldwide. Hence, CIFA gave me a great opportunity to be acquainted with the proper accounting practices in line with the IFRS.
The CIFA designation helped me to understand recent developments in accounting standards. Also it was very useful in the due course of my job in understanding and analyzing financial statements