International Public Sector Accounting Standards (IPSAS), Financial Statement Fraud and Governance

Many governments say they are introducing IPSAS because it is considered to be good practice. However , very few governments have actually adopted the standards and the implementation thereof differs from country and governmental institutions.  As a learning outcome the course envisage to consider the specific nationality and entities of the attendees in the practical adoption of IPSAS to their specific environment.

Course Outcomes:

• Understand Accrual Based IPSAS/GRAP requirements, including accounting policies and disclosures
• Implement the IPSAS/GRAP recognition and measurement rules for assets, liabilities, revenues and expenses
• Learn the requirements for presentation of IPSAS/GRAP financial statements and related disclosures
• Plan ahead for issues that arise when transitioning from the cash basis to the accrual basis of accounting
• Identify transitional provisions in IPSAS/GRAP standards
• Increase planning opportunities through awareness of likely future IPSAS changes
• Address Financial Statement Fraud – Responsibilities of Management and Auditors
• Understand King IV Practices

Who should attend?

• CEOs and CFOs of Public Entities
• Financial Directors and Managers of Public Entities
• Chief and Deputy Directors of Public Entities
• Municipal Managers
• Director Finance Administration and Planning
• Chief Accountants and Accounting Officers
• Chief Risk Officers and Risk Managers
• HR Managers and Senior Managers
• Councillors
• Accountants
• Auditors
• Financial Controllers

Accreditation:

Certificate of attendance will be issued on the last day of the training

Our Accreditation Partner

In terms of the Higher Education Act, all courses and programmes offered by Business Schools resort under the Council on Higher Education’s Quality Committee (CHE QC) for assessment and quality-assurance purposes. All courses offered by STADIO are registered through the prescribed higher education processes and are subject to internal quality assurance processes as far as moderation, assessment and accreditation are concerned. When short courses are aligned to modules of formal academic programmes of  STADIO, or SAQA Registered Unit standards, they are credit-bearing short courses. This status is also described in the Criterion Guideline document for Short Courses” from SAQA