International Public Sector Accounting Standards (IPSAS)
Short course
In London
Improve you vision of how to implement IPSAS!
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Type
Short course
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Level
Intermediate
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Location
London
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Duration
1 Week
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Start date
August
other dates
Improve you vision of how to implement IPSAS with this International Public Sector Accounting Standards (IPSAS) Course, imparted by London Corporate Training, that emagister.co.uk presents as part of its educational catalogue.
The programme aims to give its participants the needed tools to describe the role, benefits and purpose of IPSAS.
By the end of the course, delegates will be able to engaging with all key stakeholders, ensuring compliance with financial reporting obligations and leveraging the benefits to the organisation of IPSAS
If you want to be part of this training, please ask for further information to the centre through emagister.co.uk. You won't regret it!
Facilities
Location
Start date
Start date
About this course
Managers and executives from the public sector, particularly those using or planning to use IPSAS and want to know acquire the tools needed to understand and apply the standards: -Those who are new appointed into a senior financial role and want to find their way around the key standards
- Those who work in the public sector who are looking for best practice application of IPSAS
- Those who work in parts of the public sector who are or will be using IPSAS
- Accountants and finance staff at all levels involved in the preparation of financial statements for the public sector
- Financial analysts, auditors, accountants
- Audit team members who need to update their knowledge
Reviews
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 15 years
Subjects
- IFRS
- International Financial Reporting Standards
- Financial Reporting
- Benefits
- International
- Financial
- Public
- Private
- Public Sector
- Financial Training
Course programme
Private and Public Standards - how they have Evolved
·The background and evolution of financial standards around the world
·International Financial Standards for Private and Public Sectors compared
·Underlying financial and accounting principle
·Benefits to the organisations and investors
·Application of standards world-wide
IPSAS and IFRS Convergence
·IPSAS and IFRS – Board structures of Governing Bodies and Due Process
·IPSAS and IFRS – similarities and differences summarised
·Budgeting in the Private and Public Sectors compared
·Disclosure and transparency aspects
·Accounting issues covered by IFRS with no equivalent IPSAS?
IPSAS and IFRS Effective Implementation and Benefits
·Planning for transition and implementation – identification of key issues
·Choosing your approach –“Big Bang” or phased
·Scoping the project
·Project team structure and roles
·Milestone planning
·Managing issues and communication
·Critical success factors
Key Principles of International Standards for the Public Sector
·Different users of public sector financial information
·Underlying financial and accounting principle
·Which public sector entities it should be applied to?
·Benefits to the organisations and stakeholders
·Cash-based or Accrual based – which is the route to take?
Preparation of IPSAS Compliant Financial Statements
·IPSAS 1 – disclosure and policies
·Statement of financial position – key features, issues and content
·Statement of financial performance – key features, issues and content
·Statements of changes in net assets/equity - key features, issuesand content.
·Comparison with budgets
International Public Sector Accounting Standards (IPSAS)