International Public Sector Accounting Standards (IPSAS)

Location
United Kingdom
Dates
Dates flexible
Course Type
Professional Training Course
Accreditation
Yes (Details)
Language
English
Course Fee
$4,500

Course Overview

IPSAS is being introduced in almost every country in the world. IFRS having replaced IAS is now becoming the world standard, but in many ways was not specific enough to the needs of the Public Sector. The United Nations and World Bank coming to this realisation have favoured IPSAS which is a modified form of IFRS tailored to the Public Sector. The challenges of implementation are varied and complex. However, the risks associated with non-compliance are very real.

This course will help our clients to assist not only in meeting the challenges of introducing IPSAS, but also to secure the benefits of improved financial management to help secure organisational objectives and goals of each public service organisation.

Donor organisations, foreign Governments, aid agencies, free trade associations, banks and financial institutions increasingly require projects to be applied and accounted for to modern standards, either GAAP,IAS and IFRS including IPSAS. This enables multi-national organisations to make comparisons between projects wherever in the world they happen, irrespective of jurisdiction, culture, language and ethnicity. IPSAS is becoming and will become the World standard for Public Sector entities.

Who should take this course

There are no pre-requisites to undertake the programme. Designed for finance professionals in the public sector the course will benefit anyone who requires an understanding of international financial reporting standards within the public sector.

In particular it is suitable for:

  • Accountants and finance staff at all levels involved in the preparation of financial statements
  • IFRS and IPSAS implementation and maintenance teams
  • Internal auditors and consultants dealing with financial reporting

Accreditation

CPD (Continula Professional Development) accredited by the CPD

Course content

Background to IPSAS 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 Impact on financial processes and systems Implementation Delegates will leave with a detailed understanding of the accounting requirements of IPSAS How to formulate a documented action plan How to manage substantial financial resources How to develop skills to aid implementation, capacity development, benefits realisation and risk management plans How to provide wider training and how to contribute to the strategic consequences of IPSAS How to implement How to reduce risk of qualified account

About Course Provider

Global Business Advisors Ltd came into being in 2016, with the vision of extending the best services, to the global market, in the upcoming field of IT Services. GBA, with the sile aim of doing its best, started its first venture, "GBA IT Services" dealing with E-Commerce Customized Portal B2B, B2C portal, Software development, SEO and much more making GBA a name to rely upon worldwide. With all efforts, hard work, and unfathomable dedication, success started pouring in GBA, then Started a new venture as "GBA Healthcare" providing Health Care Assistants, Nurses to Private Hospitals, Nursing Homes, serving old people in UK as well in Europe.

Having insatiable hunger for serving people, and supporting them in their path of development, efforts of research and analysis wing, GBA Corporate is now a name to be reckoned with. GBA Corporate is a London Professional Training Centre, providing professional training and is one of the fastest growing UK based training organisation. We are working in the mentioned niche market with over 200 Courses, organized across the globe. GBA corporate's impact on Private organisation, Government Sector, group of expatriates or individuals, through results-oriented programmes and solutions, has brought appreciative changes.

Our motive is to improve and upgrade performance through relevant, pioneering programmes that enable you to explore new horizons, learning in multi-cultural environment. We try to become your training partner, mentor and guide as you explore and march on a journey to realise the full potential. We prepare you to meet challenge and face every hurdle to embrace new horizons, relevant new ideas and perspectives. Our program reflects new ideas and perspectives and also the need for practical solutions to go deep down into the ocean of knowledge. Our course leaders and instructors are well versed in their fields and tailor content to coach and guide you to identify and achieve the desired goals.

We pride ourselves on our track record and on our long-standing relationships with our clients, many of whom have been with us since we started business.

How to enroll?

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