What will I benefit?
- * In this course, participants will develop a solid and practical understanding of the International Public Sector Accounting Standards (IPSAS) and their importance in enhancing transparency, accountability, and financial reporting within government and public-sector entities. They will learn how IPSAS improves the quality and comparability of financial statements, and how these standards are applied in real public-sector environments.
- * Throughout the program, participants will deepen their knowledge of IPSAS principles, accrual and cash-basis reporting, and the procedures required for transitioning from traditional government accounting systems to IPSAS-compliant frameworks. They will also gain the ability to interpret IPSAS requirements, prepare IPSAS-based financial statements, and handle common accounting challenges faced by government entities.
- By the end of the course, participants will be equipped with the competencies needed to support sound financial management and compliance with international public-sector reporting standards.
Course Objectives:
At the end of this course, the participants should be able to:
- Understand the purpose, structure, and scope of IPSAS.
- Explain the differences between cash basis and accrual basis IPSAS.
- Apply IPSAS principles when preparing public-sector financial statements.
- Interpret IPSAS terminology, concepts, and accounting treatments.
- Manage asset recognition, measurement, depreciation, and impairment under IPSAS.
- Apply IPSAS requirements related to liabilities, provisions, and employee benefits.
- Understand revenue and expense recognition under IPSAS.
- Support the transition process from traditional accounting to IPSAS.
- Ensure compliance with public-sector financial reporting and governance standards.
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Target Audience:
- Accountants and financial officers in government entities
- Public sector finance managers
- Auditors and compliance officers
- Budget and planning professionals
- Financial controllers in non-profit and public-sector organizations
- Anyone involved in preparing or reviewing public-sector financial reports
Target Competencies:
- Public sector accounting
- Financial reporting and analysis
- IPSAS application and interpretation
- Compliance and governance
- Accrual and cash-basis reporting
- Asset and liability management
Course Methodology:
This training course will be carried out through the use of best practices and the right combination of engaging and purposeful tools such as:
- Practical, relevant case studies
- Group activities and workshops
- Related role plays
- Experiential learning
- Brainstorming
- Stimulating mental activities
- Engaging team competitions
- Suitable training Videos
- Presentations
- Self–assessments
- Learning with Simulations and Games
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