IPSAS - Presentation, Disclosure And Financial Reports

Course overview

The critical need to increase Transparency and Accountability Programme in the use offinancial resources by governments at all levels in order to stem the eruption of crisis andvitiatedevelopment efforts has necessitated the development and adoption ofinternationally acceptable public sector financial standards. Globally, countries andgovernments have adopted the standards for implementation. To effectively use thestandards there isthe need for enlightenment and training on the various aspects of thedocument.This course has been designed to provide an overview, the requirements, and strategies foreffective adoption and implementation of the standards.

Directors at all levels in charge of Finance, Directorates of Government service, Internal andExternal Auditors, and Account officers

The objectives of the course are, to:

  • Introduce participants to the IPSAS.
  • Enable participants to understand the necessary steps required for adopting and implantingthe standards.
  • Guide participants to identify the challenges related to the implementation of thestandards.
  • Enhance Transparency and Accountability Programme in the use of financial resources in public sector organisations

Our course comes up with following outline

  • Introduction to IPSAS
  • Conceptual framework for general purpose financial reporting by public sector entities
  • Reporting & Disclosure
  • Accounting and financial reporting for service concession arrangements
  • Provisions,Contingent Liabilities and Contingent Assets
  • Presentation of Financial Statements and Cash Flow Statements
  • Presentation of Budget Information in Financial Statements
  • Accounting Policies, Changes in Accounting Estimates and Errors
  • Revenues & Related Costs
  • Foreign Exchange Rates
  • Consolidated and Separate Financial Statements
  • Transitioning to the Accrual Basis of Accounting
  • Impairment of Non-cash generating assets and cash-generating assets
  • Amendments, reviews and changes in IPSAS andexpected future developments
  • Problems and Challenges of Adopting and Implementing IPSAS.Trends in Corporate Branding

London: 10/21/2019 – 10/25/2019

Fee: £1995

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