INTERPRETATION AND APPLICATION OF IPSAS

Description

Target audience

  • Accounting and financial specialists, professionals, practitioners and policy makers employed within national, state/provincial and local governments; government ministries, departments, programs, boards, commissions, and agencies; public sector social security funds, trusts, and statutory authorities; and International governmental organisations.
  • Accounting and finance staff of public sector entities that intend to embrace IPSAS, and thereby upgrade the reporting, the accountability and the transparency of their organisations.
  • Public administrators encountering important challenges in reducing the distance between accounting systems within countries as well as across borders, through a move towards harmonisation of accounting practices in the public sector.

What you will learn

Upon completion of this course, you will be able to understand:

  • The role and history of IPSASB.
  • The scope of accrual-based IPSAS.
  • What is prescribed in the suite of IPSAS for accrual basis accounting.
  • The options accrual-based IPSAS provides for the measurement and recognition for each of the standards.
  • Some of the key practical implementation issues when preparing IPSAS-compliant financial statements.
  • The options that are provided within IPSAS when determining key accounting policy issues.
  • What is prescribed in cash-basis IPSAS.
  • How to prepare a transition to cash-basis IPSAS or to accrual-based IPSAS.

Further information

London Business Training & Consulting (LBTC)
Provider:
London Business Training & Consulting (LBTC)
Duration:
1 Week
Price:
£2,625 (ex VAT)
Availability:
Scheduled dates
Course type:
Classroom
Locations:
London Kings Cross, AVANI Hotel

Contact Information

London Business Training & Consulting (LBTC)

SEVEN PANCRAS SQUARE
7 King's Boulevard
London
N1C 4AG

Credentials