- Payment Terms: Enquire
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Day 1Introduction, principles and development
· Background into financial accounting
· Importance of standards
· Economic drivers
· Key principles of Global Accounting Standards
· The development of Global Accounting Standards
· Underlying financial principles
· Disclosure and transparency aspects
Day 2
Other general Standards
· International Accounting Standards (IAS)
· Generally Accepted Accounting Principles (GAAP)
· The current global adoption of Global Accounting Standards
Key organizational benefits
· Domestic best practice
· Global best practice
Day 3
Effective implementation strategy
· The strategic planning process roadmap
· Mapping regional standards to Global Accounting Standards
· Resource planning
Migration to IPSAS
· Scoping dual reporting
· Financial function migration
· Phasing and specific functional challenges
· Strategy sense checks
Day 4
The IPSAS Standards
· Review of current IPSAS Standards
· The correct application of individual IPSAS Standards
· Overcoming key challenges
· Obtaining guidance and support from International Federation of Accountants
Day 5
IPSAS compliant financial statements
· Key IPSAS requirements within financial statements
· Producing the statement of financial position
· Producing the statement of financial performance
· Producing the cash flow statement
· Reporting changes in net asset position
· Producing compliant notes to the accounts
Updated on 16 May, 2024
Eligibility / Requirements
There are no eligibility requirements to attend this course.
Job roles this course is suitable for:
Public Finance Professionals , corporate governance director , Internal Auditor , Senior Internal AuditorAbout Convertas
CONVERTAS is a reliable advisory firm, helping organizations develop their activities to align with their objectives adopting the best practices.
Our trainings and workshops cover all areas of business including Management,Soft Skills and Human Resourses Management, Marketing and Sales, Accounting and Finance, Procurement and Logistics, targeting organizations, managers and employees. Whether in-house or public, trainings are organized with the highest qualified trainers.
Our methodology relies more on the use of audio-visual impact which is more effective than the lecture style. Presentations, videos and simulations methods have proven to be very effective for people to remember.
Moreover, doing and teaching are the best vehicles for learning and remembering. This includes involving the trainee in the teaching process by interacting, through completing worksheets and inciting to explain and present what is acquired.
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