Interpretation and Application of IPSAS

  • Start Date

    01 Jun, 2021

  • End Date

    04 Jun, 2021

  • Price


  • WiFi

    Free wifi

Event Details

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.



Introducing Public Sector Accounting

  • IPSAS and public sector entities
  • Why converge public sector accounting practices?
  • The International Public Sector Accounting Standards Board (IPSASB)

Accrual-based IPSAS: Part 1

  • The IPSASB conceptual framework and key accrual accounting concepts
  • Financial statements
  • Disclosure standards
  • Long-term (non-current assets)
  • Current assets
  • Service concession arrangements: grantor
  • Leases and leasing arrangements


Accrual-based IPSAS: Part 2

  • Revenues and expenses
  • Employee benefits, social benefits, and other liabilities
  • Provisions and contingencies
  • Budget reporting
  • Financial instruments
  • Consolidations and strategic investments
  • Specific standards: accounting for agriculture and accounting in hyperinflation economies
  • Recommended practice guidelines

Cash-based IPSAS

  • Content part 1 cash basis IPSAS
  • Examples of use of cash basis IPSAS
  • Content part 2 cash basis IPSAS

Making the Transition to IPSAS

  • Project management perspective
  • What is the starting point for transition?
  • Different paths of IPSAS adoption
  • First-time adoption of accrual basis IPSAS



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.



1ST BATCH:              12th – 15th Jan, 2021            

2ND BATCH:             1st – 4th June, 2021

3RD BATCH:             28th – 30h Sept, 2021

Other Dates

Start Date End Date
12 Jan, 2021 15 Jan, 2021
Start Date End Date
01 Jun, 2021 04 Jun, 2021
Start Date End Date
28 Sep, 2021 30 Sep, 2021
  • Venue

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

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