Interpretation and Application of IPSAS

4.5
1 review
  • The training sessions were great and it was beyond my expectations.
    |

Course

In Hammersmith

£ 2,625 VAT inc.

Description

  • Type

    Course

  • Level

    Intermediate

  • Location

    Hammersmith

  • Duration

    1 Week

Upon completion of this course, you will be able to understand:

The role and history of IPSASB.
The scope of accrual-based IPSAS.
What is prescribed in the suite of IPSAS for accrual basis accounting.
The options accrual-based IPSAS provides for the measurement and recognition for each of the standards.
Some of the key practical implementation issues when preparing IPSAS-compliant financial statements.
The options that are provided within IPSAS when determining key accounting policy issues.
What is prescribed in cash-basis IPSAS.
How to prepare a transition to cash-basis IPSAS or to accrual-based IPSAS.

Facilities

Location

Start date

Hammersmith (London)
See map
W6 0NB

Start date

On request

About this course

Accounting and financial specialists, professionals, practitioners and policy makers employed within national, state/provincial and local governments; government ministries, departments, programs, boards, commissions, and agencies; public sector social security funds, trusts, and statutory authorities; and International governmental organisations.
Accounting and finance staff of public sector entities that intend to embrace IPSAS, and thereby upgrade the reporting, the accountability and the transparency of their organisations.
Public administrators encountering important challenges in reducing the distance between accounting systems within countries as well as across borders, through a move towards harmonisation of accounting practices in the public sector.

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Reviews

4.5
  • The training sessions were great and it was beyond my expectations.
    |
100%
4.7
excellent

Course rating

Recommended

Centre rating

Gana A,

4.5
19/12/2017
What I would highlight: The training sessions were great and it was beyond my expectations.
What could be improved: nothing to improve
Would you recommend this course?: Yes
*All reviews collected by Emagister & iAgora have been verified

This centre's achievements

2018

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 5 years

Subjects

  • Consulting
  • Interpretation
  • Options
  • Accounting
  • Financial
  • Public
  • Public Sector
  • Financial Training
  • Service Operations
  • Accounting procedures
  • Introducing Public Sector Accounting

Course programme

Introducing Public Sector Accounting
  • IPSAS and public sector entities
  • Why converge public sector accounting practices?
  • The International Public Sector Accounting Standards Board (IPSASB)
Accrual-based IPSAS: Part 1
  • The IPSASB conceptual framework and key accrual accounting concepts
  • Financial statements
  • Disclosure standards
  • Long-term (non-current assets)
  • Current assets
  • Service concession arrangements: grantor
  • Leases and leasing arrangements
Accrual-based IPSAS: Part 2
  • Revenues and expenses
  • Employee benefits, social benefits, and other liabilities
  • Provisions and contingencies
  • Budget reporting
  • Financial instruments
  • Consolidations and strategic investments
  • Specific standards: accounting for agriculture and accounting in hyperinflation economies
  • Recommended practice guidelines
Cash-based IPSAS
  • Content part 1 cash basis IPSAS
  • Examples of use of cash basis IPSAS
  • Content part 2 cash basis IPSAS
Making the Transition to IPSAS
  • Project management perspective
  • What is the starting point for transition?
  • Different paths of IPSAS adoption
  • First-time adoption of accrual basis IPSAS

Interpretation and Application of IPSAS

£ 2,625 VAT inc.