Advanced IPSAS Implementation Workshop

The training workshop demonstrates the key elements of IPSAS. It explains the difference that IPSAS has made to financial reporting, and its impact on an organization.

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.