IPSAS Training Course: Public Sector Accounting Standards

Overview

📘 Course Overview

This training provides a comprehensive understanding of the International Public Sector Accounting Standards (IPSAS), enabling professionals to align their financial reporting with global best practices. It covers key standards, accrual vs. cash basis, transition issues, reporting formats, asset/liability treatment, and compliance requirements.

🎯 Learning Objectives

By the end of this course, participants will be able to:

Understand the framework and objectives of IPSAS
Distinguish between IPSAS cash and accrual basis
Apply key accrual IPSAS standards (e.g., IPSAS 17, 19, 23, 24)
Prepare IPSAS-compliant financial statements
Transition from national/local GAAP to IPSAS
Understand disclosure, consolidation, and audit implications

👥 Who Should Attend

Public sector accountants and financial officers
Government internal and external auditors
Donor and NGO finance staff
CFOs, Controllers, and Treasurers in the public sector
Financial regulators and oversight bodies

🧠 Methodology

Interactive lectures
Case studies and group exercises
Practical simulations using IPSAS formats
IPSAS-compliant financial statement preparation
Transition planning scenarios

🗓️ 5-Day Agenda with Time Breakdown

📗 Day 1: IPSAS Introduction and Framework

Time	Topic
08:30–09:00	Registration and Icebreaker
09:00–10:30	Introduction to IPSAS and Public Sector Context
10:30–10:45	☕ Coffee Break
10:45–12:15	IPSAS Conceptual Framework and Objectives
12:15–13:15	🍽 Lunch
13:15–14:45	IPSAS Basis of Accounting: Cash vs. Accrual
14:45–15:00	☕ Coffee Break
15:00–16:30	Government Accounting Structures and Financial Reporting Challenges

📘 Day 2: Key Accrual IPSAS Standards (Assets, Liabilities)

Time	Topic
08:30–10:00	IPSAS 17: Property, Plant, and Equipment
10:00–10:15	☕ Coffee Break
10:15–12:15	IPSAS 31 & 32: Intangible Assets and Service Concession Arrangements
12:15–13:15	🍽 Lunch
13:15–14:45	IPSAS 19: Provisions, Contingent Liabilities and Assets
14:45–15:00	☕ Coffee Break
15:00–16:30	IPSAS 13: Leases (aligned with IFRS 16 model)

📙 Day 3: Revenue, Expense, and Budget Standards

Time	Topic
08:30–10:00	IPSAS 23: Revenue from Non-Exchange Transactions (Taxes, Transfers)
10:00–10:15	☕ Coffee Break
10:15–12:15	IPSAS 9 & IPSAS 11: Exchange Revenue & Construction Contracts
12:15–13:15	🍽 Lunch
13:15–14:45	IPSAS 24: Budget Reporting and Budgetary Comparisons
14:45–15:00	☕ Coffee Break
15:00–16:30	Case Study: Budget Execution and Variance Analysis

📕 Day 4: Financial Statements and Consolidation

Time	Topic
08:30–10:00	IPSAS 1: Presentation of Financial Statements
10:00–10:15	☕ Coffee Break
10:15–12:15	IPSAS 6–10: Consolidation, Associates, Joint Ventures
12:15–13:15	🍽 Lunch
13:15–14:45	IPSAS 3 & 14: Accounting Policies and Events After Reporting Date
14:45–15:00	☕ Coffee Break
15:00–16:30	Hands-On: Preparing Full Set of Accrual IPSAS Statements

📒 Day 5: Transition and Compliance

Time	Topic
08:30–10:00	Transitioning from National Standards to IPSAS
10:00–10:15	☕ Coffee Break
10:15–12:15	IPSAS 33: First-Time Adoption of Accrual IPSAS
12:15–13:15	🍽 Lunch
13:15–14:45	Challenges in Implementation & Stakeholder Communication
14:45–15:00	☕ Coffee Break
15:00–16:30	Final Workshop: Audit Readiness, Roadmap, and Certificate Ceremony

📂 Course Materials Provided

IPSAS Handbook (digital or print)
Excel Templates for IPSAS Financial Statements
Transition Planning Checklist
Case Study Workbook
Certificate of Completion

Target audiences

Reservoir Engineers, Geologists

IPSAS Training Course: Public Sector Accounting Standards

$ 5,800

Course Features

Lecture 0
Quiz 0
Duration 5 days
Skill level All levels
Language English
Students 40
Assessments Yes

🧾 IPSAS Training Course (International Public Sector Accounting Standards)