Government agencies around the world are facing increasing pressure to be more accountable for their public budgets and to produce accurate, meaningful and transparent financial statements. There are also substantial shortcomings in financial reporting practices in the public sector emphasizing the need for comprehensive, reliable, and timely financial reporting by governments. Government entities ought to provide legislators, citizens’ and other stakeholders with information required to make effective financial decisions and to hold governments and their agencies accountable for their performance. 

This program on International Public Sector Accounting Standards (IPSAS) enables public sector entities to show clear accrual accounting and budgeting techniques and demonstrate results-based monitoring and reporting.

Course benefits 

By the end of this training Participants should be able to; 

• Appreciate the benefits of IPSAS adoption for the Organization and for stakeholders.
• Apply IPSAS to the organizations accounting practices and process to ensure a complete and accurate view of an entities operations and performance
• Promote increased transparency and meet the international requirements of banks and donors and multi-lateral agencies
• Achieve greater transparency within the organization regarding your use of primary resources and resulting liabilities
• Build strong systems of performance based management in the organization’s reporting and financial statements as a way to encourage and enhance organizational goal alignment
• Develop  a strong system of support for results  through achieving the development and utilization of more comprehensive information about costs and budgets.

Who should Attend

CEO’s Managing Directors, Heads of Departments, Permanent Secretaries and Other Accounting Officers of Public Sector Institutions. Finance Mangers, Accountants, Chief Finance Officers and anyone who requires understanding of Financial Reporting in the Public Sector.