The International Public Sector Accounting Standards (IPSAS) are a comprehensive set of international financial reporting standards for governments and other public sector entities. The correct adoption of IPSAS promises public sector organisations many benefits including consistency, comparability and improved resource allocation decisions which results in greater transparency and accountability.
This three-day comprehensive – live, virtual or face to face workshop focuses on the application of principles in key IPSASs including new standards, recent changes to existing standards and first-time adoption of IPSAS. There will be use of illustrations, model financial statements and real-life case studies to understand the application and impact of IPSAS.
By end of the workshop, the participants will:
The workshop is useful for preparers and users of IPSAS financial statements who would like to understand the application of IPSAS or refresh their knowledge of IPSAS. This includes:
A basic understanding of financial statements under any GAAP is a pre-requisite.