Location
UAE, Abu Dhabi
Dates
04 - 08 Nov 2018 (5 days)
Course Type
Professional Training Course
Accreditation
Yes (Details)
Language
English
Price
$4,390

Special prices available

Course Overview

The recent financial crisis and associated financial safeguards implemented across all business sectors have seen even greater pressures exerted on public budgets with governments and public sector entities encountering growing pressure to provide high-quality transparent financial statements, clear and decisive financial management approaches and enhanced operational allocation and performance measures related to public funds. IPSAS (International Public Sector Accounting Standards) provides a sounds basis for public entities to demonstrate sound accrual accounting and budgeting techniques, and with its emphasis on performance-based management being a core competency, requires entities to adopt a fresh and innovative approach to developing new skill sets. This course offers the learner a comprehensive understanding of the essential elements of IPSAS; beginning by building on the foundations laid by the IASB’s mainstream IFRS standards and then looking at these concepts within the framework of the public entity established by IFAC and the IPSASB. The course develops key skills competencies through the application of sound theoretical content within a practical, real-life inspired case-study based environment.

Who should take this course

This course has been specifically designed for the benefit of:

  • Organisations seeking improved credibility in the international arena with improving fiscal transparency and accountability
  • Organisations, including governments and public sector entities, that are currently implementing or considering implementing IPSAS as a basis for accounting
  • Organisations wishing to gain an overview of IPSAS and understand what implications adopting these standards may have on their organisation
  • Financial professionals operating within the finance departments of public entities
  • Increasing your staff’s awareness about IPSAS through considering the benefits and challenges associated

Accreditation

IABFM

Course content

DAY 1 • IPSAS – Overview and Context • IPSAS – Concepts and Core Principles • IPSAS – Implementation Challenges • IPSAS Cash • Presentation of Financial Statements (IPSAS 1 / IAS 1) • Accounting Policies, Changes in Accounting Estimates and Errors (IPSAS 3 / IAS 8) DAY 2 • Inventories (IPSAS 12/IAS 2) • Property, Plant and Equipment (IPSAS 17/IAS 16) • Intangible Assets (IPSAS 31/IAS 38) • Borrowing Costs (IPSAS 5/IAS 23) DAY 3 • Investment Property (IPSAS 16/ IAS 40) • Cash Flow Statements (IPSAS 2/ IAS7) • Service Concession Arrangements: Grantor (IPSAS 32) • Leases (IPSAS 13/ IAS 17) DAY 4 • Impairment of Cash-Generating Assets (IPSAS 26/ IAS 36) • Impairment of Non-Cash-Generating Assets (IPSAS 21) • Revenue from Exchange Transactions (IPSAS 9/ IAS 8 or IFRS 15) • Revenue from Non-Exchange Transactions (Taxes and Transfers) (IPSAS 23) • Construction Contracts (IPSAS 11/ IAS 11 or IFRS 15) DAY 5 • Provisions, Contingent Liabilities and Contingent Assets (IPSAS 19/IAS 37) • Employee Benefits (IPSAS 25/ IAS 19) • Financial Instruments: Disclosure and Presentation (IPSAS 15/IFRS 9) • Overview of Consolidation Process, Group Accounts, Investments in Associates and Joint Ventures (IPSAS 6, 7&8 / IAS 28, 31 & IFRS 10)

About Course Provider

Built upon the strong experience in the manufacturing sector, which its founders developed in Sweden during the 90’s global expansion, LEORON evolved into the dominant training institute that offers a comprehensive set of training and development solutions.

Today, we are globally recognized as one of the leading educational providers of American and International certification programs.

LEORON’s courses are delivered by unrivaled global experts and facilitated by the best training managers in the industry. Our training programs offer a comprehensive suite of knowledge that is accredited by relevant industry institutions. Through powerful content, gamification and applied learning, our program offers a great way of building professional skills and competencies.

We offer training and development solutions in all strategic corporate functions, including corporate finance, HR, Supply Chain, operations, engineering and quality, etc. Our content-based programs are certified by leading institutes and academies, both on a local and global level.

We are locally accredited by KHDA and TVTC, whereas our list of global partners includes APICS, APMG International, AFP, IIA, ASQ, PMI, HRCI, IFMA, IABFM, CAIA, CISI, GARP, IACCM, ILM and many more.

HR Consultancy - we offer competency framework development, training needs analysis, capability and capacity building, strategic talent acquisition and much more. Our clients can gain more, whether they are facing difficulties re-organizing their brand, equipping their workforce with an extra set of skills or aiming to assess competencies within an existing structure.