We have been offering 8-day Immersion Workshop courses on IFRS and IPSAS for 12 years. Recently however, attendees have told us that they would like more time to study the many topics and discuss issues with their instructors and fellow attendees.
In response we are pleased to offer our IPSAS Masterclass, a 10-day course with shorter working days, designed to provide attendees with a more enjoyable and comfortable learning experience. And all with the added bonus of giving extra free time to
enjoy the venue city!
The program answers questions such as:
The comprehensive study package includes:
About the training:
The International Public Sector Accounting Standards Board (IPSASB) publishes accounting standards and other guidance relating to the financial reporting needs of national, regional and local governments and other public sector bodies.
International Public Sector Accounting Standards (IPSASs) and Recommended Practice Guidelines (RPGs) provide authoritative guidance on accrual basis financial reporting. They exist to improve the quality of general purpose financial reporting by public
sector entities, leading to better informed decisions about resource allocation and increased transparency and accountability.
Many IPSASs are largely consistent with International Financial Reporting Standards (IFRSs), issued by the International Accounting Standards Board (IASB). IPSASB adapts IFRSs to reflect the public sector’s circumstances, when appropriate. The Board
also develops standards to deal specifically with public sector topics not addressed by IFRSs.
For public sector entities that do not apply accrual basis IPSAS, the Board has developed a single Standard, Cash Basis IPSAS. This may be seen
as a stepping stone towards full accrual basis accounting. The Masterclass covers accrual basis IPSAS. If you are interested in Cash Basis IPSAS, we offer a two day program, Course 3050.
The ten-day Masterclass is a comprehensive review of how to prepare IPSAS compliant financial statements. Its requirements will be explained clearly and illustrated with model financial statements and real-world examples. Application of the standards
is reinforced through the use of short case studies and quizzes.
Our instructors will guide participants through transitioning to accrual basis IPSAS and on applying IPSAS 33 First-time Adoption of Accrual Basis IPSAS. They also receive an overview of the IPSASB’s Work Plan, including current Exposure
Drafts and Consultation Papers.
If you haven't already registered for this course, you can book your place today on our website. If you have already registered, click on the Continue button at the bottom of the page to log in.