Advanced IPSAS Implementation Workshop

The training workshop provides an overview of IPSAS and key detailed applications.

Overview of IPSAS

• The need for IPSAS and its relationship to IFRS
• The International Public Sector Accounting Standards Board (IPSASB)
• The Conceptual Framework
• Overview of standards

IPSAS – Financial Reporting

• The objectives of financial reporting
• What has to be included in financial statements
• Understanding the treatment of income and costs
• Understanding the treatment of assets and liabilities

IPSAS Implementation

• The transition from cash to accrual accounting
• The transition to IPSAS
• Budgeting under IPSAS
• Future IPSAS considerations

This training workshop is suitable for:

• Financial staff in national, state, provincial and local governments, government agencies, boards and departments involved in the preparation of financial statements and budgets
• Financial staff in national, state, provincial and local governments, government agencies, boards and departments involved in the adoption of IPSAS.
• Finance staff moving from private to public sector employment.
• Analysts and non-financial staff who need to understand IPSAS but are not necessarily practitioners.

Upon completion of this training workshop, you will understand:

• The description and explanation of IPSAS.
• How IPSAS has changed financial management in the public sector.
• The reporting requirements under IPSAS.