Introduction to International Public Sector Accounting Standards (IPSAS)

This course provides an overview of the most important requirements of the International Public Sector Accounting Standards (IPSASs), which are based on the International Financial Reporting Standards (IFRSs). In addition, the programme presents solutions to the practical problems that commonly arise when preparing financial statements under IPSAS, including transition, analysis of anticipated changes in the requirements, and understanding the main differences between IPSAS and IFRS. Emphasis is placed on accrual-based financial reporting, as the public sector moves from traditional to cash-based accounting methods.