14 Topics
5 Days
30 Sessions
Programme Overview
Training Description
This course targets
- Financial Controllers
- Public Institution Managers
- County Government Finance Officers
- Parastatal and State Corporation Finance Teams
- Development Partner Finance Specialists
- NGO Finance Managers
- Compliance Officers
- Risk Management Professionals
- Members of Public Accounts Committees
- Consultants in Public Financial Management
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Session Objectives
- Understand Accrual Based IPSAS requirements, including accounting policies and disclosures
- Implement the IPSAS recognition and measurement rules for assets, liabilities, revenues and expenses
- Learn the requirements for presentation of IPSAS financial statements and related disclosures
- Plan ahead for issues that arise when transitioning from the cash basis to the accrual basis of accounting
- Identify transitional provisions in IPSAS standards
- Increase planning opportunities through awareness of likely future IPSAS changes
About the Course
The International Public Sector Accounting Standards (IPSAS) Fundamentals Training Course provides participants with a comprehensive introduction to the principles, concepts, and practical applications of IPSAS in public sector financial reporting. As governments and public institutions continue to strengthen transparency, accountability, and financial governance, understanding IPSAS has become essential for professionals involved in public financial management.
The course covers essential topics including accrual accounting, financial statements preparation, revenue recognition, asset and liability accounting, property, plant and equipment (PPE), leases, employee benefits, provisions, impairment, cash flow reporting, budget reporting, and consolidation principles. Participants will also explore the transition from cash-based accounting to accrual-based IPSAS and the practical challenges of implementation.
By the end of this training course, participants will have a solid foundation in IPSAS principles and be able to apply IPSAS concepts to enhance public sector financial reporting, governance, and decision-making.
Curriculum & Topics
14 Topics | 30 Sessions
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Workshop 1.1:
N/A
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Workshop 2.1:
IPSAS 1 Presentation of Financial Statements
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Workshop 2.2:
IPSAS 2 Cash Flow Statements
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Workshop 2.3:
IPSAS 3 Accounting Policies, Changes in Accounting Estimates and Errors
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Workshop 2.4:
IPSAS 14 Events after the Reporting Date
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Workshop 3.1:
N/A
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Workshop 4.1:
N/A
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Workshop 5.1:
N/A
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Workshop 6.1:
N/A
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Workshop 7.1:
IPSAS 23 Revenue from Non-Exchange Transactions
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Workshop 7.2:
IPSAS 9 Revenue from Exchange Transactions
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Workshop 7.3:
IPSAS 12 Inventories
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Workshop 8.1:
General expense recognition principles and application to donations given
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Workshop 8.2:
IPSAS 19 Provisions, Contingent Liabilities and Contingent Assets
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Workshop 8.3:
IPSAS 39 Employee Benefits
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Workshop 9.1:
IPSAS 13 Leases
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Workshop 9.2:
IPSAS 32 Service Concession Arrangements
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Workshop 9.3:
IPSAS 4 The Effects of Changes in Foreign Exchange Rates
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Workshop 10.1:
IPSAS 28 Financial Instruments Presentation
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Workshop 10.2:
IPSAS 29 Financial Instruments: Recognition and Measurement
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Workshop 10.3:
IPSAS 30 Financial Instruments: Disclosures
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Workshop 11.1:
IPSAS 35 Consolidated Financial Statements - Accounting for Controlled Entities
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Workshop 11.2:
IPSAS 36 Accounting for Investments in Associates and Joint Ventures
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Workshop 11.3:
IPSAS 37 Accounting for Joint Arrangements
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Workshop 11.4:
IPSAS 40 Public Sector Combinations
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Workshop 12.1:
IPSAS 18 Segment Reporting
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Workshop 12.2:
IPSAS 20 Related Party Disclosures
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Workshop 12.3:
IPSAS 24 Presentation of Budget Information in Financial Statements
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Workshop 13.1:
N/A
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Workshop 14.1:
N/A
