International Public Sector Accounting Standards (IPSAS) for Accountants and Auditors

  • Start Date

    30 Nov, 2021

  • End Date

    03 Dec, 2021

  • Price

    ₦185,000

  • WiFi

    Free wifi

Event Details

  • Impact on financial processes and systems
  • How to formulate a documented action plan
  • The Technical Bases
  • Links and implications to and for broader strategies: Financial Management, Taxation, Asset Management, Governance and accountability
  • The Standards
  • Financial reporting
  • Satisfying donor & stakeholder requirements
  • Implications for Internal and External Audit
  • How to manage substantial financial resources
  • How to develop skills to aid implementation, capacity development, benefits realization and risk management plans

 

CONTENT:

Introduction to IPSAS
  • Introduction
  • The Conceptual Basis of Government Accounting
  • Reporting on the full cash basis (IPSAS statement: Financial Reporting under the Cash Basis of Accounting)
  • Progress towards accrual accounting
  • Financial reporting
  • Auditing
 
Specific IPSAS Rules
  • Payables & Expenses
  • Inventories
  • Intangible Assets
  • Provisions, Contingent Liabilities and Contingent Assets
  • Pre-Financing
  • Cash Basis
  • Accrual Basis
  • Interpretation of GPFS
  • The Impact of IPSAS on auditors and internal control system
  • The Role of ICT
 
Why the need for IPSAS
  • Why IPSAS
  • Stewardship
  • Public sector Accounting
  • Introduction to IPSAS standards
  • Accrual vs Cash accounting
 
Implementation of IPSAS
  • Transition from Cash to Accrual Accounting by Governments
  • IPSAS IMPLEMENTATION – ISSUES AND IMPACT
  • The Standards
  • The Unified chart of accounts
  • Budgeting with IPSAS
  • Benefits of adopting IPSAS
  • Financial statements
  • Revenues & Receivables

 

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

DATE:

1ST BATCH:              20th – 23rd April, 2021

2ND BATCH:             31st Aug– 3rd Sept, 2021

3RD BATCH:             30th Nov – 3rd Dec, 2021

Other Dates

Start Date End Date
20 Apr, 2021 23 Apr, 2021
Start Date End Date
31 Aug, 2021 03 Sep, 2021
Start Date End Date
30 Nov, 2021 03 Dec, 2021
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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