INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS

Live-Online Training: N188,125
Classroom Training: N 279,500
3 - 4 participants: 5% discount
5 or more participants: 10% discount

(Available also for Customised Training by Duration, Venue & Fee)

Programme Description
International Public Sector Accounting Standards (IPSAS) are a set of accounting guidelines by the IPSAS Board applicable to public sector entities in the preparation of financial statements. They are the equivalence of International Financial Reporting Standards (IFRS) issued for the private sector by the International Accounting Standards Board (IASB).

 Course Contents     

DAY ONE

IPSAS 1        Presentation of financial statements

IPSAS 2        Cash flow statements

IPSAS 3        Accounting policies, changes in accounting estimates and                                 errors

IPSAS 4        The effects of changes in foreign exchange rates

IPSAS 5        Borrowing costs              

IPSAS 9        Revenue from exchange transactions             

IPSAS 10      Financial reporting in Hyperinflationary economies

IPSAS 11      Construction contracts.

DAY TWO

IPSAS 12      Inventories

IPSAS 13      Leases

IPSAS 14      Events after the reporting date

IPSAS 16      Investment property

IPSAS 17      Property, plant & equipment

IPSAS 18      Segment reporting

IPSAS 19      Provisions, contingent liabilities & contingent assets

IPSAS 20      Related party disclosures

DAY THREE

IPSAS 21      Impairment of non-cash-generating assets

IPSAS 22      Disclosure of financial information about the general                                           government sector

IPSAS 23      Revenue from non-exchange transactions (Taxes & Transfers)

IPSAS 24      Presentation of budget information in financial statements

IPSAS 26      Impairment of cash-generating assets

IPSAS 27      Agriculture

IPSAS 28      Financial instruments: Presentation

IPSAS 30      Financial instruments: Disclosures

DAY FOUR

IPSAS 31      Intangible assets

IPSAS 32      Service concession arrangements: Grantor

IPSAS 33      First time adoption

IPSAS 34      Separate Financial Statements (replaced IPSAS 6)

IPSAS 35      Consolidated Financial Statements (replaced IPSAS 6)

IPSAS 36      Investments in Associates & Joint Ventures (replaced IPSAS 7                           &8)

IPSAS 37      Joint arrangement

DAY FIVE

IPSAS 38      Disclosure of interest in other entities

IPSAS 39      Employee benefits

IPSAS 40      Public sector combinations

IPSAS 41      Financial instruments

IPSAS 42      Social sector