Professional Training
International Public Sector Accounting Standards (IPSAS)
Our customised IPSAS training programs empower finance professionals with specialized knowledge for public sector financial reporting. We facilitate a smooth and efficient transition to IPSAS compliance with 30-36 hours of comprehensive training.
Comprehensive IPSAS knowledge
Compliant financial statements
Seamless IPSAS migration
Expert disclosure implementation
Course Duration: 30-36 Hours
Register NowWho Should Attend
Our IPSAS course is designed for specific professionals and institutions
Professionals
- Accounting and Finance staff
- Auditors
- Consultants
- Professors
- Financial decision makers
- Senior budget holders
- Policymakers
- Financial officers
Target Institutions
- Ministry of Finance
- National Audit Office (SAI)
- Professional Accountancy Organizations
- Professional Audit Organizations
- NPOs planning IPSAS adoption
- Universities
- Academic Institutions
What You Will Gain
After completing this comprehensive course, you'll develop these key competencies:
Deep IPSAS knowledge application
Risk mitigation strategies
Accounting policy development
Global standards awareness
Cost-benefit analysis skills
System modification expertise
Enhanced accountability practices
Compliant financial statement preparation
Organizational IPSAS migration
Disclosure requirement implementation
Course Content
Our comprehensive curriculum covers all aspects of IPSAS implementation
Introduction to Public Sector Accounting
- What is Accounting
- Basis of Accounting
- Evaluation of Public Sector Accounting
- Accounting Standards
International Public Sector Accounting Standards (IPSAS)
- History of IPSAS
- Scope of IPSAS
- To whom IPSAS apply
- Authority of IPSAS
Cash Basis IPSAS
- Cash Basis of Accounting
- Mandatory Disclosures
- Encouraged Disclosures
- Step towards Accrual IPSAS
Accrual Basis IPSAS and Presentation
- Accrual Basis of Accounting
- IPSAS 1 - Presentation of Financial Statements
- IPSAS 2 - Cash Flow Statements
- IPSAS 3 - Changes in Accounting Policies, Estimates & Errors
Revenues & Expenses
- IPSAS 9 - Exchange Transactions
- IPSAS 23 - Non-Exchange Transactions
- IPSAS 47 - Revenue
- IPSAS 11 - Construction Contracts
- IPSAS 42 - Social Benefits
Assets
- IPSAS 12 - Inventories
- IPSAS 17 & 45 - Property, Plant & Equipment
- IPSAS 31 - Intangible Assets
- IPSAS 16 - Investment Property
- IPSAS 43 - Leases
- IPSAS 21 & 26 - Impairments
- IPSAS 32 - Service Concession Assets
- IPSAS 44 - Non-Current Assets held for sale
Liabilities
- IPSAS 39 - Employee Benefits
- IPSAS 19 - Provisions, Contingent Liabilities & Contingent Assets
Financial Instruments
- Definitions
- Classification of Financial instruments
- Recognition & Impairment
- Derivatives
- Derecognition & Disclosures
Consolidation and Combinations
- Investments in Associates & Joint Ventures
- Separate & Consolidated Financial Statements
- Disclosures of Interest in various entities
- Public Sector Combinations
Disclosure Standards
- IPSAS 46 - Measurement
- IPSAS 18 - Segment Reporting
- IPSAS 20 - Related Party Disclosures
- IPSAS 22 - Disclosures about the General Government Sector
- IPSAS 24 - Presentation of Budget Information in Financial Statements
Transition to Accrual IPSAS
- IPSAS 33 - Migration from Cash to Accrual basis
- Exemptions & Transition Provisions
- First-time adoption
- Change management
Implementation & Adoption
- Selection of Strategy for Implementation
- Phases in implementation
- Support Analysis for Transition
- Adoption of Changes
Benefits of IPSAS
Implementation of IPSAS standards provides numerous advantages for public sector organizations
Recommended Certifications
Further your IPSAS expertise with these specialized certifications
- CPFA
- Diploma in IPSAS
- Certificate in IPSAS
- Certificate in IPSAS
- Certificate in PFM
- Certified Public Accountant (CPA)
Ready to Advance Your IPSAS Expertise?
Join our comprehensive 30-36 hour training program and become an IPSAS implementation expert