• CENTRUM Business School
  • The Institute of Chartered Accountants in England and Wales(ICAEW)


  • Modern Integral Curriculum
  • International networking

Our Diploma in International Financial Reporting Standards not only brings you the ability to understand and manage financial information at expert level, also allows the probability of obtaining a double international certification of two leading institutions: CENTRUM Business School and The Institute of Chartered Accountants in England and Wales (ICAEW).These tools are essential to ensure the competitiveness of your company and compliance with globally accepted standards.

Double Simultaneous International Certification:

  • Diplomatura de Estudio en Normas Internacionales de Información Financiera, granted by CENTRUM PUCP Business School.
  • Certificate awarded by The Institute of Chartered Accountants in England and Wales (ICAEW), a global leader in accounting and finance.
CENTRUM PUCP may make changes in the curriculum, or sequence of courses or teachers, according to its policy of continuous improvement. Failure to comply with the required quorum CENTRUM PUCP reserves the right to postpone the start of courses and programs.





SUNDAY 5 months schooldays
Saturdays and Sundays from 9:00 a.m. to 12:30 p.m.
24 Oct 2020
S/. 14,900    


  • Diplomatura de Estudio en Normas Internacionales de Información Financiera, granted by CENTRUM PUCP Business School.
  • Certificate awarded by The Institute of Chartered Accountants in England and Wales (ICAEW), a global leader in accounting and finance.


SPOOC Course in Ethics and Corporate Social Responsibility by our General Director Dr. Percy Marquina, this course is free, optional and complementary to professional specialization; the course will provide them with the knowledge and effective application of techniques and tools that facilitate the relationship with stakeholders and allow them to move from theory to practice, with a view to their strategic management for the achievement of ethical and sustainable development.


  • # 78 in the world in Executive Education Open, Financial Times 2019.

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  • Accountants, internal and external auditors accounting, finance and business administration who want to specialize
  • Analysts, investors and professionals seeking training on issues of IFRS


  • Promote the participant know and master the basic and advanced techniques of IFRS
  • Equip students with skills to make diagnoses impact necessary to implement IFRS in your company or your clients
  • Develop skills to create internal audit programs on the process of preparation of financial statements under IFRS


This program is developed with a theoretical and practical methodology, which focuses on strengthening your skills in the application of IFRS by case discussion and teamwork in the classroom. The dynamics of the sessions is flexible and participatory, by an expert teacher.


Directly with CENTRUM PUCP and without interests

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Real Time Online Classes


CENTRUM PUCP is a member of UNICON. UNICON members are global benchmark for Executive Education.


Lizbeth Alvarado
(511) 626-7116

Amada Huaman
(511) 626-7111

These are the advantages of following the Diploma in International Financial Reporting Standards

  • Option to Simultaneous International Double Certification
    • Diplomatura de Estudio en Normas Internacionales de Información Financiera, granted by CENTRUM PUCP Business School.
    • Certificate awarded by The Institute of Chartered Accountants in England and Wales (ICAEW), a global leader in accounting and finance, during the period of 1 year.
      * To obtain the ICAEW certificate you must successfully pass the evaluation, for this you will have three opportunities to take it.
      * Upon passing the ICAEW Certification exam in Spanish, you will receive your Certificate in English, which confirms that you have successfully completed the IFRS Certificate Level Assessment in Spanish.
      * The recommended validity for updating the certificate according to ICAEW is 5 years.
  • You will carry out a pre-ICAEW exam simulation to guarantee your success in obtaining the ICAEW certificate
  • SPOOC* Online Course: Ethics and Corporate Social Responsibility, taught by Dr. Percy Marquina, General Manager of CENTRUM PUCP. The course is optional and at no additional cost.
  • You will receive a solid academic and practical training, which will allow you to perfect your knowledge in accounting and financial management in a simple language, full of examples and practical cases (50% theory / 50% practice).
  • You will have the support of CENTRUM PUCP, a top school in Latin America and the only one in Peru with an academic Triple Crown and ICAEW, a leading professional organization in the world that promotes, develops and supports more than 146,000 public accountants in more than 160 countries.
  • You will be guided by teachers of the highest academic level, proven business experience and magnificent personal qualities. Our teaching staff is made up of partners, former partners and managers of renowned companies and firms in the financial sector, all of whom are ICAEW certified.
  • You will have the most modern and complete curricular structure that ensures the level of depth you require.
  • You can improve your contact networks by belonging to a community that brings together the best professionals in the country.
  • You will have materials specially designed to pass the ICAEW exam. In the online version it can be accessed anytime, anywhere. In the face-to-face version the materials and exercises are downloadable.
  • You will have the opportunity to study on an executive Schedule.

Diploma in International Financial Reporting Standards  comprises four modules, in which basic and advanced concepts are developed in IFRS. To approve the program, you must successfully complete these courses and successfully pass the ICAEW exam to demonstrate your mastery of standards and techniques learned.

CENTRUM PUCP may make changes in the curriculum, or sequence of courses or teachers, according to its policy of continuous improvement. Failure to comply with the required quorum CENTRUM PUCP reserves the right to postpone the start of courses and programs.

    • IASB and Background Introduction and Conceptual Framework
      This course will provide the participant to understand that the IASB issued International Financial Reporting Standards (IFRS) and adopted all existing international accounting standards (IAS) that had been issued by the IASC. Introduction and Conceptual Framework claim that the participant: understand the role and purpose of accounting standards; understand the process of creating standards; know the qualitative characteristics of financial information and apply the elements of financial statements established under the framework.
    • IAS 1: Presentation of Financial Statements, IAS 7: Cash Flow Statements and IAS 34: Interim Financial Statements Periods
      The objective of IAS 1 is to establish the basis for the presentation of financial statements and ensure comparability with prior periods and with other entities. The standard identifies a minimum content of what should be included in a set of financial statements as well as the parameters of their structure, although not rigid formats are prescribed.
      This rule seeks to differentiate cash and cash equivalents and other assets and liabilities; Identify the main sections of the cash flow and apply knowledge and understanding of IAS 7 through basic calculations.
      This standard establishes the minimum content that should be included in a set of reports interim financial information, prescribes the principles of recognition and measurement for an interim period and does not provide guidance on which entities should issue interim financial reports, nor how often these must be produced
    • IAS 8 Accounting Policies, Changes in Estimates and Errors and IAS 10: Events after the balance sheet date
      Provides guidance under which it is possible to change the accounting policies and therefore represents the structure supporting the successful comparison of the financial statements. It aims to improve the relevance, reliability and comparability of financial statements. It is used when the accounting policies and accounting estimates change and applied to correct errors related to prior periods.
      When evaluating business performance, relevant information sometimes comes to the cutoff date, which means that financial statements prepared in the year just finished, may have important implications for both the position and financial performance. The end of the reporting period is a short time, and events that may happen during this time generally can not be recognized in the financial statements for the period just ended. However, the information that comes to light after the end of the reporting period may give additional information about events that actually occurred before the end of the reporting period and is then appropriate to take into account as typified by the NIC.
    • IAS 2: Inventories and IAS 37: Provisions, contingent assets and liabilities
      Terminology and definitions for measuring inventories and application of key principles related to inventory measurement is explained as determining the cost attributable to specific items of inventory and its subsequent recognition as an expense will have an effect on the result reported for the period and, therefore, it is an important consideration.
      Business life is full of uncertainties related to events and, therefore, the administration must make informed about the results of such events estimates. As a result, IAS 37 was presented Provisions, contingent liabilities and contingent assets to restrict the ability of banks to create large ?, ¿general provisions that can have a significant impact on the results of the entity. guidance on the type of provisions that should be done and on the general principles surrounding their recognition is provided.
    • IAS 16: Property, Plant and Equipment, IAS 36: Impairment of assets and IFRS 16 Leases
      The content of this standard is the treatment for Property, Plant and Equipment (PPE). The main issues for the accounting of PPE, covered in IAS 16, are the recognition of assets, the determination of their recorded values and depreciation charge. The rule should apply to the registration of all PPE except when another standard application specifically requires an approach (standard) different.
      This module is deteriorating, which is the reduction in value of an asset. What happens when its carrying amount in the statement of financial position is greater than its recoverable value. When the recoverable value of an asset falls to a value less than its carrying amount, it is said to be impaired. So their value in the statement of financial position is reduced to its recoverable value and, in most cases, an expense is recognized in the result.
      Given the importance of measuring reasonably the value of own assets (understood as buildings, furniture, machinery and equipment, vehicles, hardware, etc.) or obtain financing through financing instruments such as leasing ; companies have relevantly observed the need and importance of registering and measuring faithful, reasonable, clear, accurate and timely in its financial statements, the actual values of these assets either by their initial measurement; subsequent measurement or simply acknowledging their loss of value over time.

    • IAS 40: Investment Property IFRS 5: Non-current assets held for sale. IAS 41 Agriculture
      As the investment property is an investment, it is not necessarily appropriate to recognize the consumption of the asset through depreciation charges in each period. In general, it is the current value of investment properties which gives greater importance and therefore the recognition of such properties in the financial statements at their market value may be more appropriate. These are the problems addressed in IAS 40 Investment Property.
      This module provides the processes to be followed when a PPE element or group of assets and liabilities are separated for sale. A group of assets and liabilities that will be sold in a single transaction are called disposal group. IFRS 5 does not apply to those assets that must be measured in accordance with other international standard.
      The basic trade issues in the agricultural sector include many unique aspects. For example, animals and plants described as biologically active, have features not found in other industries. Another important feature you should consider is that the state often helps the agricultural sector substantially. Agricultural sector entities are usually small or consist of family businesses. However, in recent years there has been an expansion of such businesses in the hands of a growing awareness of industrial production. IAS 41 prescribes the accounting treatment and disclosure requirements for presentation and agriculture. Examples of such activity include: livestock, forestry and vegetable gardens, plantations,
    • IFRS 3: Business Combinations, IAS 27 and IFRS 10: Consolidated and Separate Financial Statements
      The objective of IFRS 3 Business Combinations is to determine the recognition and disclosure requirements for a business combination improves the relevance, reliability and comparability of the information presented in the financial statements. It is important to understand that a business combination is a transaction or other event in which an acquirer obtains control of one or more businesses and the control entity is when one party (or some parties) have the power over the other to govern their financial and operating policies so as to obtain benefits from its activities
      These rules manage how an investment entity must report the results of other entities over which it has control of its financial and operational policies so that it can obtain benefits from its activities. A group of entities presents financial information about their activities as if it were a single economic entity; This information is known as consolidated financial statements. IAS 27 Consolidated and separate financial statements regulates its preparation and is what we will discuss in the classroom.
    • IFRS 11: Interests in Joint Ventures, IFRS 12:Disclosure of Interests in Other Entities, IAS 24: Disclosures and IAS 28 related parties: Investments in
      In some economic sectors and particular circumstances, it is more beneficial to share investments with third parties. By sharing investment, different investors benefit from the skills of others and they all use the cost reduction. These arrangements are commonly known as joint ventures. IFRS 11 emphasizes that an entity will determine the type of joint arrangement in which it is involved by considering its rights and obligations. An entity assesses its rights and obligations by considering the structure and legal form of the agreement, the clauses agreed by the parties to the agreement and, where appropriate, other factors and circumstances.
      IFRS 12. DISCLOSURES Interests in Other Entities
      The disclosures in relation to joint arrangements is subject to IFRS 12, Disclosure of interests in other entities, issued in May 2011 and in force outside the European Union since 1 January 2013. The disclosure under IFRS 12 covers the nature, extent and financial effects of interests in joint arrangements (including financial summary information for each individual material involvement) and the risks associated with in joint ventures (eg commitments and contingent liabilities).
      The main objective of this standard is to ensure that the financial statements of the entity containing the necessary to draw attention to the possibility that financial your situation revelations, and result may have been affected by the existence of related parties and transactions with related parties. It is generally assumed that management aims to promote the interests of shareholders in their dealings with others. There is a risk that some relationships lead to conflicts of interest. In such circumstances, it is said that the parties to the transaction are interrelated, and the transactions being carried out they will be related parties entity transactions.
      IAS 28 INVESTMENTS IN ASSOCIATES (equity method)
      IAS 28 establishes accounting requirements governing entities investments in associates. There may be circumstances in which the business that any entity of such importance for another, it decided to obtain a share in that despite not having enough experience to control it operates efficiently. In such cases, the investor may choose to obtain a sufficient portion of business ownership to have the power to influence the decision of the Board without control. Generally, investments that meet these criteria are classified as associates and therefore this NIC includes practical guidelines to help management to make that assessment.
    • IAS 32 Financial instruments: Presentation. IFRS 7: Disclosures and IFRS 9 Financial Instruments.
      “The current diversity of business and its rapid geographic expansion have led banks to perform complex financial transactions to reduce their risk exposure. As financial instruments are more common and complex, clear and detailed disclosures demanded importance. the objective of this IFRS is to establish principles for financial reporting on financial assets and liabilities financial so that this useful and relevant to users of financial statements to assess the amounts, timing and uncertainty of cash flows information future Of the entity.”

    • IFRS 4: Insurance Contracts and IFRS 13: Fair Value
      IFRS 4 is intended to provide a framework within which a common set of principles for preparation and submission of information is established in order to provide relevant information that will help users understand the financial statements of the insurance This module will understand what is an insurance contract, the nature of insurance risk will be appreciated, the disclosure requirements related to insurance contracts be understood, it is understood that there are several underlying complex problems concerning insurance contracts, among which, the primary has to do with the uncertainty resulting from the underlying risks that an insurance company is exposed.
      IFRS 13 explains that a fair value measurement requires an entity to determine the following: the asset or liability to be measured; for non-financial asset, the highest and best use of the asset and the asset is used in combination with other active or independently; the market in which an orderly transaction would take place by active or passive; and (s) technique (s) appropriate valuation used to measure fair value.
    • IFRS 15 Revenue from contracts with customers
      The basic principle of this standard is that an entity recognize revenue to depict the transfer of goods or services committed to customers for an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services . An entity considers the terms of the contract and all relevant facts and circumstances when applying this standard. An entity shall apply this standard, including the use of any practical solution of congruently to contracts with similar characteristics and in similar circumstances.
    • IAS 38: Intangible Assets IAS 21: The Effects of Changes in exchange rates and IAS 23: Borrowing Costs
      The objective of IAS 38 is intangible assets prescribing treatment for intangible assets that are not specifically addressed by other standards. This standard requires entities to recognize an intangible asset if it meets certain criteria. It also specifies how to measure the carrying amount of intangible assets and the nature of the required disclosures.
      Businesses are becoming increasingly international in terms of trade in goods and services and the operation of capital markets. Knowing this standard involves understanding the scope and objectives regarding the effects of changes in exchange rates of foreign currency, identify the terminology and key definitions related activities exchange rates to finally demonstrate a good knowledge about principles covering the recognition and measurement in terms of different currencies.
      IAS 23 Borrowing Costs
      Inventories requiring a number of manufacturing processes or construction of non-current, such as investment properties that can take a significant time to be finished active. In addition, typically, these require substantial capital expenditures, which are generally financed through loans which the entity incurs financial costs. IAS 23 Borrowing Costs, borrowing costs is incurred specifically for the construction of such assets, and establishes whether they are part of this.
    • IAS 20: Accounting for Government Assistance. Partial review of IFRS
      A common practice for governments around the world to offer some financial assistance to certain entities. There are different reasons for governments to provide such assistance. Therefore, under the context of financial reporting, it is important to disclose adequate information regarding government grants to ensure that the performance of the entity is interpreted accurately, which allows a fair comparison with other entities is made in a similar sector that did not receive such assistance.
      It consists of an evaluation of 30 exam questions type ICAEW
    • IAS 33: Earnings per share and IFRS 8: Operating Segments
      This this module is intended that the participant understands the purpose of earnings per share and objectives of IAS 33 Earnings per share (EPS by its acronym in English), demonstrate knowledge in the calculation of basic EPS, be able to GPA adjusted according to changes in the number of shares, understand that the figures are diluted and adjusted GPA and demonstrate the disclosure requirements within this NIC
      Most multinational companies sell a range of products and services in different markets or geographic locations that can be called segments. The total return of an entity depend on the performance of each of these segments. For some entities, the key segments will be based on products and services; for others, their base will be the geographic area. In each case, the separate management and performance measurement of individual segments are essential. IFRS 8 Operating Segments provides the link between business operations and major components of the financial statements by requiring that information be broken down into each of the products or major geographic areas. Thus,

    • IFRS 2: Share-based Payment and IFRS 6: Mineral Resources Exploration and Evaluation
      IFRS 2 determines how to recognize and measure payment transactions based on shares in the financial statements of an entity. Eta standard applies to all types of payment transactions based on shares, except when another standard is more specific in the treatment of the transaction.
      Exploration for mineral resources is a highly specialized industry where various stakeholders operate on an international stage. Historically, banks have had to apply their own experience properly in order to provide information in its financial statements that is intelligible and instructive. The guidelines given in existing accounting standards seemed to disagree with best practices and, in many cases, avoided the issue altogether. IFRS 6 is the first phase of the project on extractive activities of the IASB. The standard requires improvements to existing accounting policies of any entity for recognition and measurement of exploration and evaluation expenses.
    • IAS 19 and IAS 26: Employee benefits and financial reports of retirement benefit plans and IAS 29: Financial Reporting in hyperinflationary economies.
      In some cases pension plans may be, in substance, assets and liabilities of the employer. To ensure that all pension plans are recorded and presented in a consistent manner, IAS 19 Employee Benefits, establishes accounting requirements. Generally, employees receive a number of benefits as part of their remuneration package, which are also covered in this Standard.
      IAS 26. Accounting and Reporting ON RETIREMENT PLANS BENEFIT
      The purpose of the periodic accounting information from a benefit plan, is to account for financial resources and plan activities, data that are useful in assessing the relationships between the accumulation of resources and benefits; by the plan every moment. This standard allows to provide useful and consistent information about retirement benefit plans for plan members and other stakeholders.
      IAS 29. FINANCIAL REPORTS in hyperinflationary economies
      Hyperinflationary economies are those in which overall inflation rates are so high and their effect devalued such that the currencies of the countries affected lose their purchasing power very quickly. This causes individuals to companies operating in these economies problems because money loses its purchasing power so quickly that in the best case, comparisons are fruitless and potentially misleading. This includes the comparison of results between accounting periods and between similar transactions in the same accounting period. Therefore, when the entity operates in a hyperinflationary economy.
    • IFRS 1: First-time adoption IFRS (theory) and IAS 12: Income Taxes
      The objective of IFRS 1 first is to ensure that the first financial statements IFRS entity (and its interim financial reports for any part covered by such financial statements period) contain high quality information that is transparent for users and that in turn ensure that comparability is not affected. Essentially, this is a map on how to get from A to B, ie move from the preparation of financial statements using local regulations the use of international standards.
      Tax corporate income is important for government revenues medium and therefore represents an output potential of a business cash flow. Therefore, the objective of IAS 12 Income Tax is prescribing the accounting treatment for income tax is broad and covers all domestic and foreign taxes that are based on the taxable profit of the entity and other taxes such as withholding paid when a company pays a dividend. Tax expense recognized in the income comprises the total value of current tax expense based on net income for the period.
    • IFRS 1: First-time adoption IFRS (practice)
      It involves the application of a case study to understand the time Adoption of IFRS in one entity.
    • Final Exam simulacrum of IFRS and ICAEW
      It consists of an evaluation of 30 exam questions type ICAEW
      60 assessment questions for obtaining the Certificate of International Financial Reporting Standards in the ICAEW

We invite you to participate in the SPOOC * Online Course: Ethics and Corporate Social Responsibility, dictated by Dr. Percy Marquina, Director General of CENTRUM PUCP.
The course is optional and at no additional cost.
* SPOOC: Specific Private Online Oriented Course

SPOOC Ethics and Corporate Social Responsibility

Dr. Percy Marquina
General Manager of CENTRUM PUCP
Researcher / Professor
Distinguished for academic excellence and intellectual production
Read more


Summary of the Course:

The company’s role in sustainable development is based on achieving successful results in the economic, environmental and social fields. The relationship of the company with its various stakeholders is essential to achieve these results, with the proper management being that allows the company to grow the business in harmony with the environment and the society in which the company interacts.

The strategic implementation of Corporate Social Responsibility requires the knowledge and effective application of techniques and tools that facilitate the relationship with stakeholders and allow the entrepreneur to move from theory to practice with ethical and sustainable results.

In this context, the course seeks that the participant know the main aspects in the management of relations with his stakeholders with a view to their strategic management for the achievement of ethical and sustainable development.

Enter the course here

The process of admission to the Diploma in International Financial Reporting Standards is open throughout the year. Your application is processed in about two weeks, provided you fulfill all documents requested by the Office of Admissions.


  • Two or more years of experience in International Financial Reporting Standards.

Admission process

  • Step 1: Choose the course you need
  • Step 2: Sign up here
  • Step 3: Enroll


  • Prices and conditions of the program are subject to change.

Documents reception

Send your documents or ask for more information:

Lizbeth Alvarado
(511) 626-7116

Amada Huaman
(511) 626-7111

Achieving studies CENTRUM PUCP Business School is a very important personal decision that involves evaluating, known and accepted, among others, academic, economic, administrative and disciplinary conditions to be met throughout their period of studies, the degree of commitment and dedication necessary to successfully complete this great professional project. That is why, it is necessary to know the content of the following standards as well as take into account its importance, before starting the admission process. With the start of the admissions process, you acknowledge and accept this standard, and that from that moment can not be alleged ignorance of it.


Clara Rosselló

Professor Rosselló is a Master of Business Administration in General and Strategic Management, Maastricht School of Management, The Netherlands. Master in Strategic Business Administration, Pontifical Catholic University of Peru. B.A. in Graphic Arts, Pontifical Catholic University of Peru. She has international certifications among which stand out: CPCL Harvard Business School, Boston, USA; International Master in Leadership EADA Business School, Barcelona, Spain; Executive Program Customer Experience IE Business School, Madrid, Spain; International Program for Board Members EADA Business School, Barcelona, Spain. To date she is a member of the “Steering Committee” of the EFMD Americas Conference 2019-2021.

She has been Corporate Image Manager of Unique-Yanbal International for Ecuador, Colombia, Peru, Bolivia, Mexico and USA; Marketing Manager of Unique-Peru. He is currently Chairman of the Board of Directors of Comacsa, a leading non-metallic mining company in Peru, and a board member of Fundición Americana S.A. She is a specialist in Corporate Image, Marketing Management, Business Communication and Strategic Planning.