International Public Sector Accounting Standards (Ipsas) For Accountants And Auditors
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
Outline
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
- 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 IPSAS
- Stewardship
- Public sector Accounting
- Introduction to IPSAS standards
- Accrual vs Cash accounting
- 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.
Speaker/s
Special Offer
Schedules
Tue, Wed, Thu, Fri | 09:00 AM — 04:00 PM |
Tue, Wed, Thu, Fri | 09:00 AM — 04:00 PM |
No. of Days: | 4 |
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
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