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IPSAS Training Course


IPSAS Update (Virtual Classroom)

Course Details

Select a start date for more details
Virtual Classroom
07 Jun - 08 Jun 2021
8 Hours
Virtual Classroom
Subject to Online Tax From Web (Read more)
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This online IPSAS training is being delivered live in 2 individual sessions which run on consecutive days. The sessions will run each day from 13:00 – 17:00 London (UK).

You can learn more about our virtual, online courses and how they work on our course FAQ page. Or view our Virtual Classroom schedule to see what else is being delivered live in our online classrooms. If you don’t see the IPSAS training topic, you are looking for, or if you would like an online classroom in another timezone, please tell us.

The content has been developed for preparers and users of IPSAS financial statements with two main aims:

  • Clarify the impact of coronavirus on accounting, presentation and disclosure in IPSAS financial statements for 2020
  • Explain the requirements of important new Standards and amendments in later periods.

The program will also cover the significant outstanding Exposure Drafts published by the International Public Sector Accounting Standards Board (IPSASB).

This program answers questions such as:

  • How will coronavirus affect accrual basis IPSAS financial statements for 2020?
  • What are the significant published changes in IPSASs? When, and how, will they be implemented?
  • What are the likely future changes in IPSASs?

Learning Objectives

  • Identify how coronavirus affects IPSASs relevant to your organisation
  • Draft disclosures to explain judgements and estimates triggered by the effects of coronavirus
  • Learn the requirements of new and amended IPSASs
  • Plan how to implement changes to IPSASs

Who Should Attend

  • Accountants and public financial management (PFM) officials in finance and reporting teams that prepare IPSAS financial statements
  • External and internal auditors of public sector entities that prepare accrual-basis IPSAS financial statements
  • Consultants, analysts and academics with interests in public sector financial reporting


  • Impact of coronavirus on IPSAS accounting in 2020
    • Presentation of financial statements (IPSAS 1)
    • Financial instruments (IPSAS 28 – 30), including credit losses and concessionary loans
    • Impairment of non-cash-generating assets (IPSAS 21)
    • Revenue from non-exchange transactions – taxes and transfers (IPSAS 23)
    • Non-exchange transactions – expense recognition (IPSAS 19)
    • Employee benefits (IPSAS 39)
  • New and Amended Standards for 2023
    • IPSAS 41 - Financial Instruments (to replace IPSAS 29)
    • IPSAS 42 - Social Benefits
    • IPSAS 19 (amendments) - Collective and Individual Services
    • Improvements to IPSASs 2019  
  • Exposure Drafts
    • ED 70 - Revenue with Performance Obligations
    • ED 71 - Revenue without Performance Obligations
    • ED 72 - Transfer Expenses
    • ED 75 - Leases
  • IPSASB projects – Measurement, Infrastructure and Heritage

Teaching Method

  • Group internet instruction by specialist instructors
  • Clear and simple description and explanation of IPSAS requirements
  • Use of case studies to illustrate real-world application
  • Interactive participation is encouraged with all attendees being required to be present on camera for the duration of the sessions
  • All participants receive comprehensive electronic course notes, including presentation slides, handouts and other course materials
  • This virtual training is being delivered live and online over 2 individual sessions, each of 4 hours’ duration. They will run each day from 13:00 – 17:00 London (UK)


The instructor for this course will be drawn from one of our core faculty of subject matter experts. Further details will be published at the earliest opportunity.


Our seminars take place in 4 star professional conference facilities, generally in city-centre hotels like the Marriott, Sheraton or Hilton brands. 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.

CPE/CPD Accreditation

IASeminars is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.


Field of study: Accounting


We will assume that participants have prior knowledge of existing IPSAS either as practitioners of IPSAS or through prior attendance on one of our accrual-basis IPSAS courses. No advance preparation is required for this course.