Datastat Training Center invites You For Training Workshops : <http://tracking.datastatresearch.com/tracking/click?d=o9Gh72x35hucep2vdTyxWi0ZxxGZ_3D-Z1GwzNqoS-zCmItf-thlNj3VJD_FrioEz1i2jVTIL0DbM4ZlSzrzIEAjok78B1frwr5AmjUDukgFzLFY4L3aB1mmNRMMF5rVJpVZO7Hcv5l90--RAxJ1sr4qpBscOAO_lXqBH6XRMf-x4gGt_Kv62Y8Lb9vVwow7SjFTzSNRubvAsWe10F63hjCsbIQA2xv_XhDh8tbDDjTtivIm-goWzClAdSecOTwO-LKeLRbX5IbiMjS-TBc2zI6KIw6fZV1bnuM9SYVCScmwUQjJP1xeGbiz_4IhRGWSF6_FnXwD7ReVPPUU1BVOgoc1> Register <http://tracking.datastatresearch.com/tracking/click?d=wgCJ8AcCZasVRBIaWX0wJIrJwb15I_132jKNCUUhaGM72RBlFVXgPDC8Vrvz0FBCQDA4Y2UoC6QBu5ee4ehd3fuoRMBpBIOchV8u1XwnCN2Xx1qFVpV-7PA1egbU-I7nw571n581lzP4BQrIGIMXq7O9EWtGX2oibeFhzNojYFZ30> Check our calendar: <http://tracking.datastatresearch.com/tracking/click?d=XsYknAgmpbxqi692ySShPUIYe_msj5E8V6ExCZ28lAiU3A9e461Iv5UNggFeDJ4U5Edv9oMG-5swiSgjPfxXlgseUbyrKpieGCso922XPGX90FLbITNHVPaNYMsc1bVZPpeU4F2uvOX7F-YFjOOY15E1> See all Courses Contact us Via: Mobile Whatsapp (Calls and Chats): +254724527104 Email : info@datastatresearch.org or training@datastatresearch.org International Public Sector Accounting Standards (IPSAS) training in Nairobi and Mombasa; Kenya Introduction IPSAS (International Public Sector Accounting Standards) has been developed to enhance the quality, consistency, and transparency of public sector financial reporting worldwide. Issued by the International Public Sector Accounting Standards Board (IPSASB), they are cash-based standards and accruals standards used for the preparation of general-purpose financial statements by governments and other public sector entities around the world. This training course is intended to enable the participants to understand IPSAS and the framework for public sector accounting. The training course provides an overview of the most important requirements for preparing financial statements and disclosures under IPSAS, with specific insight. This Datastat training course will empower you in understanding public sector accounting with special emphasis on IPSAS by providing practical and detailed knowledge of the key IPSAS and how they are interpreted and applied Course Duration: 10 Days Course Fees: USD 2200 (VAT Excluded) Discount: From 20% Course Objectives The objective of this training is to enable you in developing your knowledge and understanding of Public Sector Accounting with special emphasis on International Public Sector Accounting Standards. You will also learn how to apply them, as well as the concepts and principles which underpin them. By the end of this training you should be able to: · Describe the context for Accrual Accounting in public sector entities · Learn the key principles of Conceptual Framework for Financial Reporting · Learn the standards applicable to key elements of financial statements · Learn the disclosure requirements for public sector entities in financial reports and notes · Explain the requirements of cash Basis IPSAS Who should attend? · All accounting professionals working in the public sector involved in the preparation of financial statements · IPSAS implementation and maintenance teams · External auditors · Consultants dealing with financial reporting · Senior budget holders · Policymakers Course Outline Module 1 – Introduction to Public Sector Entities · Nature of Public Sector Entities · Difference between Public Sector and Private Sector · Importance of Budget · Public Financial Management · Financial Reporting in the Public Sector · Introduction to IFAC, IPSASB · Introduction to IPSAS Module 2 – Basis of Accounting · Cash basis of Accounting · Accrual basis of Accounting · Modified Cash Basis · Modified Accrual Basis Module 3 – Accounting for Assets · Property, Plant & Equipment · Inventory · Intangible Assets · Investment Property · Leases · Borrowing Costs · Agriculture · Impairment of Cash and Non-cash Generating Assets · Service Concession Arrangements Module 4 – Accounting for Revenue Recognition · Revenue from Exchange Transactions · Revenue from Non-Exchange Transactions Module 5 – Accounting for Liabilities · Provisions · Contingent Liabilities · Lease Liabilities · Employee Benefits Module 6 – Financial Instruments · Financial Assets, Financial Liabilities & Equity · Recognition of Financial Instruments · Fair Value Measurement · Impairment of Financial Assets · Hedging and Hedge Accounting Module 7 – Presentation of Financial Statements · Presentation of Financial Statements · Statement of Cash Flows · Interim Financial Reporting · Selection of Accounting Policies and Accounting Estimates · Events after the reporting period · Consolidated Financial Statements · Presentation of Budget Information in Financial Statements Module 8 – Financial Reporting under Cash Basis · Cash Basis IPSAS · Presentation and Disclosure requirements · General Requirements · First time adoption of Accrual Basis IPSAS from Local Cash Basis Standards · Foreign Currency transactions and balances Module 9 – First Time Adoption of IPSAS · First time adoption of Cash Basis IPSAS · First time adoption of Accrual Basis IPSAS from Cash Basis IPSAS · First time adoption of Accrual Basis IPSAS from Local Cash Basis Standards · First time adoption of Accrual Basis IPSAS from Local Accrual Basis Standards TRAINING METHODOLOGY The International Public Sector Accounting Standards (IPSAS) training course will be presented utilizing facilitated discussions, captivating PowerPoint presentations, case studies and examples Click Upcoming Training Workshops: 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