An Intensive Professional
Development Training Course on

International Public Sector Accounting Standards (IPSAS)

Enhancing the Quality, Consistency & Transparency
of Public Sector Financial Reporting

Course Options

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Why Choose Us

The International Public Sector Accounting Standards (IPSAS) training course equips public institutions to improve financial transparency, strengthen accountability and align reporting with international expectations. Participants examine the structure of IPSAS, the role of the IPSASB and distinctions from traditional accounting systems, IAS and GAAP. They learn how public entities can move towards an accrual-based framework founded on clarity, comparability and integrity. This approach enables financial statements to present assets, liabilities, revenues and expenditure accurately.

The course addresses implementation challenges across different public sector environments, including policy development, disclosure requirements and reporting obligations. Real-world case studies explore classification difficulties, policy gaps and the preparation of IPSAS-compliant financial statements. Participants consider how IPSAS supports stronger governance, greater stakeholder trust and more efficient public sector decision-making. They gain the knowledge and preparation required to manage the transition effectively and maintain compliance with global best practice.

This International Public Sector Accounting Standards (IPSAS) training course will highlight:

Understanding the structure and purpose of IPSAS
Examining the role of the IPSASB
Comparing IPSAS with traditional accounting systems, IAS and GAAP
Applying an accrual-based public sector accounting framework
Addressing policy, disclosure and reporting requirements
Preparing accurate and compliant public sector financial statements

Why Choose International Public Sector Accounting Standards (IPSAS)

Course Goals

What are the Goals?

Upon completing this International Public Sector Accounting Standards Training Course, participants will have developed a sound technical knowledge of IPSAS and the confidence to apply its principal concepts. The course enables participants to identify the significance of transparency in public financial reporting and the responsibilities linked to adopting IPSAS. It also explains how to produce financial statements that comply with IPSAS rules while recognising the differences between IPSAS and other accounting frameworks.

Participants will be able to:

Recognise the organisational requirements involved in implementing IPSAS
Understand the fundamental values and structure of the IPSAS framework
Describe the main distinctions between traditional accounting and IPSAS standards
Recognise the financial reporting requirements established by IPSAS
Define practical steps for implementing IPSAS within public entities
Use IPSAS disclosure requirements, including accounting policies and notes

Who is this Training Course for?

This International Public Sector Accounting Standards (IPSAS) training course is designed for:

Public Sector Accountants
Government Finance Officers
Financial Controllers
Finance Managers
Management Accountants
Financial Reporting Specialists
Public Sector Auditors
Budget Officers
Treasury Professionals
Public Sector Accounting Consultants

Learning Approach

How will this Training Course be Presented?

This IPSAS Course integrates specialist instruction with hands-on application to support thorough understanding and lasting retention. Sessions use interactive methods that strengthen learning through practical examples and collaborative participation. Participants review actual case studies, assess disclosure requirements, and put IPSAS concepts into practice through guided activities.

Participatory case studies drawn from public sector settings
Assessment of international tools and accounting methods
Role-playing activities to consolidate learning
Assessments conducted before and after the course
Detailed handouts and digital reference resources

The Course Content

Introduction to IPSASB and IPSAS

The challenges of Accounting in the public sector
The characteristics of public sector entities
Presentation of the Board (IPSASB)
IPSASB organization
The relationship between IPSASB and IPSAS
The purpose of financial statements and any ongoing projects

Financial Statements Presentation and Accounting Policy

Key IPSAS requirements within financial statements :IPSAS 1
Producing the statement of financial position
Producing the cash flow statement :IPSAS 2
Accounting policies, changes in accounting estimates, and errors: IPSAS 3
Segment reporting: IPSAS 18
Disclosure standards and other topics, presentation of budget information :IPSAS 24
Reporting changes in net asset position
Producing compliant notes to the accounts

Financial Information: Revenues, Cash & Budget

Non-exchange revenue :IPSAS-23
Exchange revenue :IPSAS- 9
Construction contracts :IPSAS- 11
The statement of cash receipts and payments
Presentation of budget information in the financial statements

Accounting for Assets and Liabilities

Investment property, Property plant and equipment: IPSAS- 16&17
Intangible assets and impairment :IPSAS- 31, 21 & 26
Inventories: IPSAS- 12
Borrowing costs Leases: IPSAS-5 & 13
Financial instruments: IPSAS- 28, 29&30
Provisions & Contingent liabilities and contingent assets :IPSAS 19

Disclosures and Consolidation

Disclosures
Related party disclosures: IPSAS 20
Disclosure of financial information about the general government sector:IPSAS 22
Consolidation under the cash basis
The additional (non-mandatory) disclosures
Case studies

Recognition

Certificate

• Wallstreet Development Academy Certificate of Completion for delegates who attend and complete the training course.

Collaborations

In Partnership With

Frequently Asked Questions

This course focuses on International Public Sector Accounting Standards and their relevance to public sector financial reporting. It considers how IPSAS can support higher-quality and more consistent reporting. The course also emphasises transparency in the presentation of public sector financial information.

The main objective is to strengthen understanding of financial reporting under International Public Sector Accounting Standards. The course is intended to support improvements in the quality and consistency of public sector reporting. It also highlights the importance of transparent financial information.

IPSAS provides an international standards-based context for making public sector financial reporting more consistent. This course explores that connection between common accounting standards and consistent reporting. The available description does not list the individual IPSAS requirements covered.

The course is relevant to people seeking to understand IPSAS and public sector financial reporting. It may be useful where work or professional development involves the quality, consistency or transparency of such reporting. Specific job roles or entry requirements are not stated in the available course information.

You will learn about IPSAS in the context of public sector financial reporting. The training centres on enhancing reporting quality, consistency and transparency. Specific standards or detailed topics are not identified in the available course information.

The course addresses quality by focusing on the role of IPSAS in public sector financial reporting. It links the use of international standards with clearer and more robust reporting practices. Detailed quality assessment methods are not specified in the course information provided.

Transparency is a key theme because the course is designed to enhance how public sector financial information is reported. Its focus connects IPSAS with clearer financial reporting in the public sector. The course treats transparency alongside quality and consistency as a central reporting goal.

The course aims to build understanding of IPSAS and their connection to public sector financial reporting. It supports awareness of how reporting can be made more consistent, transparent and quality-focused. No specific practical exercises, technical competencies or assessment methods are described in the available material.