Duration: 2 days
(see other locations for this course)
Price: EUR 1,800
Promo codes may be applicable. You can also pay in CAD, GBP, USD - you will be given this option later in the booking process.
If you are planning to make a group booking or have any questions, please contact us.
Promo codes may be applicable. You can also pay in CAD, GBP, USD - you will be given this option later in the booking process. If you are planning to make a group booking or have any questions, please contact us.
Entities that elect to adopt International Public Sector Accounting Standards (IPSAS) accrual basis of accounting face a number of challenges. While the technical challenge of applying all relevant IPSAS should not be underestimated, just as important are making the right choices over accounting policies to select; whether and how to use any of the transitional provisions in IPSAS; managing stakeholders; data gathering; ensuring systems and processes are adequate and managing the overall transition project.
In general, entities that change accounting policies to comply with IPSAS do this retrospectively; however, to ease this transitional process the IPSAS Board (IPSASB) allows the use of transitional provisions in certain Standards. Where transitional provisions exist, they may allow an entity additional time to meet the full requirements of a specific accrual based IPSAS or provide relief from certain requirements when initially applying an IPSAS.
Using real-world examples and case studies, this two-day course provides a comprehensive look at the complex issues facing first-time adopters of accrual based IPSAS, whether transitioning from the Cash Basis IPSAS or from local accounting frameworks. Coverage includes the transitional provisions in IPSAS and guidance on setting up the conversion project, with application demonstrated via practical case studies and examples.
This practical program includes discussion of real-world experiences in transitioning to IPSAS and answers to implementation questions. Strategies and guidance for establishing IPSAS accounting policies are also discussed.
The program answers questions such as:
Understanding of accounting principles based on national standards together with some understanding of IPSAS (refer to Course 3100: IFRS versus IPSAS and Course 3210: International Public Sector Accounting Standards IPSAS Accrual Basis).
No advance preparation is required for this course.
To bring this course in-house please contact us and we will be pleased to assist.
This event will be held at Hotel Warwick Geneva. Detailed Joining Instructions are sent to all registered delegates by email approximately one month before the event. The Joining Instructions will confirm exact venue details and nearby (or onsite) hotel recommendations with bedroom rates where available. Coffee and lunch will be provided. .