IPSAS® have 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.
The ACCA Certificate in International Public Sector Accounting Standards (Cert IPSAS) has been specifically developed to help you meet the challenges of implementing IPSAS®.
By completing this certificate you will be able to:
describe the fundamental requirements of accrual-based IPSAS® on a standard-by-standard basis
identify how to use IPSAS® in practice
explain the difference between the cash basis IPSAS® and accrual-based IPSAS®
recognise how IPSAS® are used around the world
apply the requirements of IPSAS® in the preparation of information for financial statements
interpret financial statements prepared in compliance with IPSAS®
describe the workings of the IPSASB and how these are developing.