London Corporate Training

International Public Sector Accounting Standards (IPSAS)

London Corporate Training
In London

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Important information

Typology Short course
Level Intermediate
Location London
Duration 1 Week
Start 12/08/2019
  • Short course
  • Intermediate
  • London
  • Duration:
    1 Week
  • Start:

Improve you vision of how to implement IPSAS with this International Public Sector Accounting Standards (IPSAS) Course, imparted by London Corporate Training, that 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 You won't regret it!

Facilities (2)
Where and when
Starts Location
12 Aug 2019
3 Shortlands, Hammersmith, London, W6 8DA, London, England
See map
On request
3 Shortlands, Hammersmith, London, W6 8DA, London, England
See map
Starts 12 Aug 2019
3 Shortlands, Hammersmith, London, W6 8DA, London, England
See map
Starts On request
3 Shortlands, Hammersmith, London, W6 8DA, London, England
See map

To take into account

· Who is it intended for?

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

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What you'll learn on the course

International Financial Reporting Standards
Financial Reporting
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

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