Certificate in IPSAS – Accrual Accounting for Public Sector

International Public Sector Accounting Standards (IPSAS) are a set of accounting standards developed by the IPSAS Board for use by Public Sector enterprises around the world in the preparation, presentation, and disclosure of general-purpose financial statements. 
 

Organization’s financial performance

It aims to increase transparency, which provides a better understanding of an organization’s financial performance, greater accountability to make informed decisions about resource utilization, and improved financial information to support governance, management of assets, and decision-making. 

This training course is designed to provide participants with the relevant concepts and enhance their understanding of the sector, accounting with special emphasis on IPSAS by providing practical and detailed knowledge of the key IPSAS and how they are interpreted and applied.

• Gain a comprehensive understanding of IPSAS, its structure, and framework for public sector accounting.
• Describe the context for Accrual Accounting in public sector entities
•  Know the key principles of the Conceptual Framework for Financial Reporting
• Provide support in migrating the organization toward IPSAS compliance
• Understand IPSAS for the accrual basis of accounting and the cash basis of accounting
• Recognize standards applicable to key elements of financial statements
• Familiarize oneself with the disclosure requirements for public sector entities in financial reports and notes
•  Identify the requirements of cash Basis IPSAS