CIPFA IPSAS training workshop

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Event summary

International Public Sector Accounting Standards (IPSAS) are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements. IPSAS aims to improve the quality of general purpose financial reporting by public sector entities, leading to better informed assessments of the resource allocation decisions made by governments, thereby increasing transparency and accountability.

CIPFA and its team of expert trainers and guest speakers have put together a four-day IPSAS workshop to share their knowledge and practical experience with delegates.

Date

Starts:
25 Jun 2018 09:00
Ends:
28 Jun 2018 17:00

Location

CIPFA Mansell Street
77 Mansell Street
London
E1 8AN
[See map]

Standard price

£2,665.00 excl VAT

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About this event

High-quality and transparent public sector financial information makes government more accountable to citizens, lenders and donors. It is also a key part of good public financial management, helping government to manage their finances and meet their commitments today and in future.

The best available approach to public sector financial reporting is to use the accrual basis IPSAS standards. These can be used to generate comprehensive financial information about government and public sector services. The financial statements will include information on the full costs of operation, sources of government revenue, assets like receivables and non-current assets and liabilities such as loan debt.

However, some governments find implementing accruals basis IPSAS accounting too challenging to implement at first. For this reason, the International Public Sector Accounting Standards Board developed the Cash Basis IPSAS, which is easier to implement, and can be used as a stepping stone towards the adoption of full accrual-based standards.

The cash basis IPSAS is easier to implement because less information needs to be collected and less accounting expertise is required. It does provide less comprehensive information that reporting using the accrual basis IPSAS, but the financial statements are still very useful.

This workshop provides training on both the cash basis and accruals basis IPSAS which can be used for any public sector organisations. Having specialist knowledge in IPSAS will enable you to be at the cutting edge of public finance. As the list of governments implementing international accounting standards continues to grow, you will find your skills are of value to public sector organisations. 

CIPFA and its team of expert trainers and guest speakers have put together a four-day IPSAS workshop to share their knowledge and practical experience with delegates.

Who should attend?

This workshop is suitable for those who already have a basic understanding of accounting principles. No advance preparation is required for this workshop. 

It will be especially useful for:

  • public sector finance personnel considering adoption of accruals based IPSASs
  • public sector project managers responsible for IPSAS implementation
  • accountants and finance personnel moving from private to public sectors
  • internal and external auditors.

Topics

  • Accounting
  • / Financial reporting
  • / IFRS
  • / IPSAS