AAAG Training: Comprehensive Accrual Accounting & IPSAS Workshop

Training Overview

Accrual-based Accounting Practices and International Public Sector Accounting Standards (IPSAS) play a crucial role in creating sound public financial management. By requiring governments and public sector organisations to record transactions and events when they occur, regardless of cash flow, it ensures accurate and transparent financial reporting, providing a comprehensive view of an entity’s financial position, performance, and cash flows. Accrual-based IPSAS also enhances internal controls by providing guidelines for accurately measuring and recognizing assets, liabilities, revenues, and expenses based on their economic substance and financial impact.

Our Accrual IPSAS Accounting Treatment Training is designed to enable participants to understand, implement, and comply with accrual-based accounting practices and IPSAS, thereby enhancing the quality of financial reporting, financial management practices, and accountability in the public sector.

The is also designed to provide participants with the knowledge and skills to effectively apply accrual accounting principles and practices necessary to contribute to accurate financial reporting, informed decision-making, and improved financial management within their organizations.

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Learning Objectives

With AAAG Comprehensive Accrual Accounting Practices and IPSAS Accounting Treatment Training, participants will be able to:

• Apply the principles of financial reporting under the Cash Basis of Accounting, focusing on accurately recording and presenting cash transactions within financial statements
• Equip participants with best implementation practices and strategies for successful implementation of accrual accounting.
• Gain insights into the specific requirements and guidelines for recording and reporting financial transactions in accordance with accrual accounting principles.
• Learn practical considerations for smooth transition to accrual accounting.
• Apply accrual accounting principles and practices in public financial management.
• Apply concepts such as revenue recognition and measurement, classification, measurement of assets, liabilities and provisions within of IPSAS requirements.

Target Audience

This training is ideal for all Public Sector Accountants, Auditors and IPSAS project Managers.

Training Methodology

This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes many examples, interactive activities, exercises, Q&A sessions and learning from other participants. The aim is practical application of proven approaches, based on a sound good practice base.

Programme or Course outline

Download here Training & Course Outline