IPSASs aim to improve the quality of general-purpose financial reporting by public sector entities, leading to better-informed assessments of the resource allocation decisions made by governments, thereby increasing transparency and accountability. The International Public Sector Accounting Standards Board (IPSASB) issues International Public Sector Accounting Standards (IPSASs) and Recommended Practice Guidelines (RPGs) relating to the financial reporting needs of national, regional and local governments, governmental agencies, and the constituencies they serve.

For whom

This program is designed for those, who already have good knowledge and experience in the finance and accounting field such as Accountants and Auditors, Financial Directors, Officers, Executives and Analysts, and Professionals involved in reporting using or about to use IPSAS standards.

Learning objectives:

At the end of the program, participants will be able to;

Know and list Accrual IPSAS requirements for accounting policies and disclosures

Know and implement the IPSAS-recognized standard rules for assets, liabilities, revenues and expenses in their organizations

List and discuss the IPSAS financial statements and related disclosure requirements

Manage issues that may arise when migrating from the cash basis to the accrual basis of accounting

Know and discuss the IPSAS standard transitional provisions

Plan for the likely future changes in IPSAS standards

Know the sources of available IPSAS guidance

Deploy key strategies for migration to Accrual IPSAS standards