International Public Sector Accounting Standards

Section One: Introduction to Introducing International Public Sector Accounting Standards

• Introduction
• The Conceptual Basis of Government Accounting
• Reporting on the full cash basis (IPSAS statement: Financial Reporting under the Cash Basis of Accounting)
• Progress towards accrual accounting
• IFAC
• Financial reporting
• Auditing

Section Two: Why The Need For IPSAS

• Why IPSAS
• Stewardship
• Public sector Accounting
• Introduction to IPSAS standards
• Accrual vs Cash accounting

Section Three: United Nations Case Study

• IPSAS and Accounting rules
• Some IPSAS key concepts
• Adoption of IPSAS at UNDP case study
• UNSAS vs IPSAS
• Progress Report on the Adoption of IPSAS at
• UNDP, UNFPA and UNOPS case study

Section Four: Implementation of IPSAS

• The transition from Cash to Accrual Accounting by Governments
• IPSAS IMPLEMENTATION – ISSUES AND IMPACT
• The Standards
• The Unified chart of accounts
• Budgeting with IPSAS
• The GPFS
• Benefits of adopting IPSAS
• Financial statements
• Revenues & Receivables

Section Five: Specific IPSAS Rules

• Payables & Expenses
• Inventories
• Intangible Assets
• Leases
• Provisions, Contingent Liabilities, and Contingent Assets
• Pre-Financing
• Budgeting with the NCOA
• GPFS – Cash Basis
• GPFS – Accrual Basis
• Interpretation of GPFS
• The Impact of IPSAS on auditors and internal control system
• The Role of ICT
• Another IPSAS statement