International Public Sector Accounting Standards (IPSAS)

IPSAS has been developed to enhance the quality, consistency, and transparency of public sector financial reporting worldwide. Issued by the International Public Sector Accounting Standards Board (IPSASB), they are cash-based standards and accruals standards used for the preparation of general-purpose financial statements by governments and other public sector entities around the world.

This training course is intended to enable the participants to understand IPSAS and the framework for public sector accounting. The training course provides an overview of the most important requirements for preparing financial statements and disclosures under IPSAS, with specific insight.

The important features of the International Public Sector Accounting Standards (IPSAS) training course are:

• Implementing IPSAS standards
• Producing financial statements
• Developing IPSAS Strategies
• Understanding International Accounting Standards (IAS)
• Learning Generally Accepted Accounting Principles (GAAP)

Participants on the International Public Sector Accounting Standards (IPSAS) training course will be able to:

• Identify how IPSAS will fit with their organization
• Comprehend the core IPSAS values
• Explain the key differences in the new standards
• Recognize what compliant statements will look like
• Deploy key strategies for migration to IPSAS standards
• Set clear steps towards implementation
• Adopt IPSAS disclosure requirements, including accounting policies

The International Public Sector Accounting Standards (IPSAS) training course is suitable for, but not limited to:

• Public sector finance and accounting personnel
• Professionals seeking to develop their understanding of the public sector accounting methods
• Professionals who have a responsibility for auditing or working with public sector organizations
• Corporate governance directors
• Internal auditors
• Corporate compliance officials
• Board level members who wish to develop their understanding of IPSAS

The International Public Sector Accounting Standards (IPSAS) training course will be presented utilising facilitated discussions, captivating PowerPoint presentations, case studies and examples.

Pre & Post course assessments will be used to measure the effectiveness of this training.