ACCA Certificate in International Public Sector Accounting Standards (Cert IPSAS)
Course Overview:
IPSAS® has been developed to enhance the quality, consistency, and transparency of public sector financial reporting worldwide. Issued by the International Public Sector Accounting Standards Board (IPSASB), they are cash-based and accrual standards for preparing general-purpose financial statements by governments and other public sector entities worldwide.
The ACCA Certificate in International Public Sector Accounting Standards (Cert IPSAS) has been specifically developed to help you meet the challenges of implementing IPSAS®.
Delivery Details:
Total Class: 14
Class Duration: 3 hrs.
Class: 2 Days Per Week.
Learning outcomes
By completing this certificate you will be able to:
– Describe the fundamental requirements of accrual-based IPSAS® on a standard-by-standard basis.
– Identify how to use IPSAS® in practice
– Explain the difference between the cash basis IPSAS® and accrual-based IPSAS®
– Recognize how IPSAS® are used around the world
– Apply the requirements of IPSAS® in the preparation of information for financial statements
– Interpret financial statements prepared in compliance with IPSAS®
– Describe the workings of the IPSASB and how these are developing.
Designed for:
– Public sector employers and employees globally
– Accountants working or wishing to work in the public sector
– Learning providers
– National and local governments
– Policymakers specializing in the public sector
– International donors.
Course Features
- Lectures 14
- Quizzes 0
- Duration 42 hours
- Skill level All levels
- Language English
- Students 143
- Assessments Yes
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IPSAS Course Content:
- Session 1. Overview of IPSASB and Conceptual Framework
- Session 2. FS presentation and Accounting policy
- Session 3. Financial Performance
- Session 4. Accounting for Assets and Liabilities – part 1
- Session 5. Accounting for Assets and Liabilities – part 1
- Session 6. Accounting for Assets and Liabilities – part 2
- Session 7. Accounting for Financial Instruments
- Session 8. Disclosure
- Session 9. Cash Basis IPSAS
- Session 10. Consolidation
- Session 11. Practice Test and Feedback
- Session 12. First-time adoption of accrual basis IPSASs
- Session 13. Recent and forthcoming proposals for changes
- Session 14. Mock exam, feedback, and course review