IPSAS - Presentation, Disclosure and Financial Reports

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.

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 is designed to support our clients in addressing the challenges associated with the implementation of IPSAS. It not only aids in navigating the complexities of adopting IPSAS but also ensures the realization of improved financial management for the achievement of organizational objectives and goals in each public service organization.

The course is structured with an introductory phase followed by the implementation of IPSAS. This approach allows clients to systematically and effectively transition to IPSAS within the appropriate framework, ensuring a well-managed and structured implementation process.