BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:1715@x8ti.com DTSTART;TZID=Europe/Paris:20261123T090000 DTEND;TZID=Europe/Paris:20261204T130000 DTSTAMP:20260208T142800Z URL:https://x8ti.com/event/ipsas-international-public-sector-accounting-st andards-training-course-3/ SUMMARY:IPSAS (International Public Sector Accounting Standards) Training C ourse DESCRIPTION:Introduction\nIPSAS stands for International Public Sector Acco unting Standards\, issued by the International Public Sector Accounting St andards Board (IPSASB). These standards guide public sector entities in pr eparing and presenting their financial statements. Traditionally\, governm ents have used the cash basis of accounting for its simplicity\, but this method has significant drawbacks\, particularly in revealing the value of assets and liabilities. Accrual accounting\, on the other hand\, provides a more accurate picture of an organization's financial health and performa nce. Many countries are now transitioning to accrual accounting\, specific ally IPSAS\, increasing the demand for professionals with IPSAS qualificat ions.\nLearning Objectives\nBy the end of this IPSAS Certification Course\ , participants will:\n\n Describe the context for accrual accounting in p ublic sector entities.\n Learn the key principles of the Conceptual Frame work for Financial Reporting.\n Understand the standards applicable to ke y elements of financial statements.\n Learn the disclosure requirements f or public sector entities in financial reports and notes.\n Explain the r equirements of cash basis IPSAS.\n\nTraining Methodology\nThis course uses a range of training methods including:\n\n Classroom sessions with prese ntations by a highly competent trainer.\n Group discussions\, problem-sol ving exercises\, group activities\, and projects.\n Sharing of experience s\, issues\, and best practices from participants' respective organization s. Xcelerate Training Institute follows the Do–Review–Learn–Apply Mo del for interactive and practical learning.\n\nBenefits for Your Organizat ion\nOrganizations will benefit from:\n\n Enhanced knowledge and understa nding of global trends in public sector accountability and reporting.\n E stablishing the costs and benefits of implementing IPSAS and understanding the implications.\n Managing system modifications and other changes requ ired for IPSAS implementation.\n Applying IPSAS standards to ensure impro ved accountability by providing a comprehensive interpretation of an entit y’s operations and performance.\n\nBenefits for You\nParticipants will g ain:\n\n Understanding of IPSAS and the framework for public sector accou nting.\n Skills to prepare financial statements and disclosures under IPS AS.\n Knowledge to migrate an entity toward IPSAS compliance.\n Understa nding of accrual and cash basis accounting under IPSAS.\n\nTarget Audience \nThis course is ideal for:\n\n Accounting professionals in the public se ctor involved in financial statement preparation.\n IPSAS implementation and maintenance teams.\n External auditors.\n Consultants dealing with f inancial reporting.\n Senior budget holders.\n Policymakers.\n\nCourse O utline\nIntroduction to Public Sector Entities\n\n Nature of Public Secto r Entities\n Differences Between Public and Private Sectors\n Importance of Budgeting\n Public Financial Management\n Financial Reporting in the Public Sector\n Introduction to IFAC\, IPSASB\, and IPSAS\n\nBasis of Ac counting\n\n Cash Basis of Accounting\n Accrual Basis of Accounting\n M odified Cash Basis\n Modified Accrual Basis\n\nAccounting for Assets\n\n Property\, Plant &\; Equipment\n Inventory\n Intangible Assets\n In vestment Property\n Leases\n Borrowing Costs\n Agriculture\n Impairmen t of Cash and Non-Cash Generating Assets\n Service Concession Arrangement s\n\nAccounting for Revenue Recognition\n\n Revenue from Exchange Transac tions\n Revenue from Non-Exchange Transactions\n\nAccounting for Liabilit ies\n\n Provisions\n Contingent Liabilities\n Lease Liabilities\n Empl oyee Benefits\n\nFinancial Instruments\n\n Financial Assets\, Financial L iabilities &\; Equity\n Recognition of Financial Instruments\n Fair V alue Measurement\n Impairment of Financial Assets\n Hedging and Hedge Ac counting\n\nPresentation of Financial Statements\n\n Presentation of Fina ncial Statements\n Statement of Cash Flows\n Interim Financial Reporting \n Selection of Accounting Policies and Accounting Estimates\n Events Af ter the Reporting Period\n Consolidated Financial Statements\n Presentat ion of Budget Information in Financial Statements\n\nFinancial Reporting U nder Cash Basis\n\n Cash Basis IPSAS\n Presentation and Disclosure Requi rements\n General Requirements\n First-Time Adoption of Accrual Basis IP SAS from Local Cash Basis Standards\n Foreign Currency Transactions and B alances\n\nFirst-Time Adoption of IPSAS\n\n First-Time Adoption of Cash B asis IPSAS\n First-Time Adoption of Accrual Basis IPSAS from Cash Basis I PSAS\n First-Time Adoption of Accrual Basis IPSAS from Local Cash Basis S tandards\n First-Time Adoption of Accrual Basis IPSAS from Local Accrual Basis Standards\n ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2025/01/ce89 1d2f-70ed-4bd8-b5f1-6cf3ae005f13.jpg CATEGORIES:Accounting & Finance LOCATION:Paris Training Courses\, Maison Colbert Meliá Collection\, Paris\ , France\, France X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Maison Colbert Meliá Colle ction\, Paris\, France\, France;X-APPLE-RADIUS=100;X-TITLE=Paris Training Courses:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:Europe/Paris X-LIC-LOCATION:Europe/Paris BEGIN:STANDARD DTSTART:20261025T020000 TZOFFSETFROM:+0200 TZOFFSETTO:+0100 TZNAME:CET END:STANDARD END:VTIMEZONE END:VCALENDAR