International Public Sector Accounting Standards (ipsass) Fundamentals Training in Johannesburg, South Africa by EduCore Global Skills

Module 1: Introduction to IPSAS and Public Sector Financial Reporting

Core competencies for Introduction to IPSAS and Public Sector Financial Reporting.

• Purpose and nature of public sector financial reporting: accountability and transparency
• The role of the IPSASB and the development of IPSAS
• Differences between public sector and private sector (IFRS) accounting
• Cash basis vs. accrual basis IPSAS: concepts and implications
• Global adoption trends and the case for IPSAS in public financial management reform

Module 2: Conceptual Framework and Presentation of Financial Statements

Core competencies for Conceptual Framework and Presentation of Financial Statements.

• The IPSASB Conceptual Framework: objectives, qualitative characteristics, and elements
• Recognition, measurement, and the reporting entity
• IPSAS 1: presentation of financial statements
• IPSAS 2 and IPSAS 24: cash flow statements and budget information
• Notes, accounting policies, estimates, and errors (IPSAS 3)

Module 3: Revenue Accounting

Core competencies for Revenue Accounting.

• Revenue from non-exchange transactions: taxes and transfers (IPSAS 23)
• Revenue from exchange transactions (IPSAS 9) and the newer revenue standards (IPSAS 47)
• Grants, donations, and conditions vs. restrictions
• Fines, licenses, and other public sector revenue types
• Recognition challenges: tax revenue estimation and collection risk

Module 4: Property, Plant, Equipment, and Infrastructure Assets

Core competencies for Property, Plant, Equipment, and Infrastructure Assets.

• Recognition and measurement of PPE (IPSAS 17)
• Infrastructure, heritage, and community assets
• Depreciation, impairment, and revaluation (IPSAS 21 and 26)
• Investment property and agriculture (IPSAS 16 and 27)
• Building asset registers and valuation approaches

Module 5: Financial Instruments, Inventories, and Other Assets

Core competencies for Financial Instruments, Inventories, and Other Assets.

• Financial instruments: presentation, recognition, and measurement (IPSAS 28, 29, 30, and 41)
• Inventories and their measurement (IPSAS 12)
• Intangible assets (IPSAS 31)
• Leases (IPSAS 13 and 43)
• Service concession arrangements (IPSAS 32)

Module 6: Liabilities, Provisions, and Employee Benefits

Core competencies for Liabilities, Provisions, and Employee Benefits.

• Provisions, contingent liabilities, and contingent assets (IPSAS 19)
• Employee benefits and pension obligations (IPSAS 39)
• Borrowings, public debt, and borrowing costs (IPSAS 5)
• Social benefits and long-term fiscal obligations (IPSAS 42)
• Events after the reporting date (IPSAS 14)

Module 7: Consolidation and Reporting Across Government

Core competencies for Consolidation and Reporting Across Government.

• Consolidated and separate financial statements (IPSAS 35)
• Investments in associates and joint ventures (IPSAS 36 and 37)
• Disclosure of interests in other entities (IPSAS 38)
• Segment reporting (IPSAS 18)
• Related party disclosures (IPSAS 20) and whole-of-government accounts

Module 8: Budgeting, Performance, and Public Financial Management

Core competencies for Budgeting, Performance, and Public Financial Management.

• Linking IPSAS to the budget cycle and budget-to-actual reporting
• Fiscal transparency, fiscal rules, and sustainability reporting
• Performance reporting and value-for-money considerations
• Integrating IPSAS with PFM systems, IFMIS, and charts of accounts
• Sustainability reporting developments from the IPSASB

Module 9: Transition, Implementation, and Capacity Building

Core competencies for Transition, Implementation, and Capacity Building.

• Developing an IPSAS adoption roadmap and governance structure
• First-time adoption (IPSAS 33) and opening balance sheet preparation
• Change management, stakeholder engagement, and training needs
• Systems, data migration, and technology readiness
• Common implementation challenges and lessons from adopting countries

Module 10: Audit, Oversight, and Continuous Improvement

Core competencies for Audit, Oversight, and Continuous Improvement.

• Internal controls and financial reporting quality in government entities
• External audit of IPSAS financial statements: INTOSAI and ISSAI perspectives
• Role of audit committees, legislatures, and oversight bodies
• Monitoring compliance and addressing audit findings
• Capstone: preparing an IPSAS-based set of financial statements for a case study government entity

Who should attend International Public Sector Accounting Standards (ipsass) Fundamentals Training training in Johannesburg?

This course is suitable for professionals, managers, technical teams, and organizational staff in Johannesburg, South Africa who need practical skills in Accounting, Finance & Taxation Courses.

Does EduCore Global Skills offer in-house delivery in South Africa?

Yes. EduCore Global Skills can deliver International Public Sector Accounting Standards (ipsass) Fundamentals Training as a private in-house program for organizations in Johannesburg and across South Africa, with content aligned to team goals.

Will participants receive a certificate?

Yes. Participants who complete the training receive an EduCore Global Skills certificate of completion or training, depending on the course structure.

Can the training be delivered virtually for participants in Johannesburg?

Yes. The course can be delivered virtually, in person, or through a blended format depending on participant and organizational requirements.

How is International Public Sector Accounting Standards (ipsass) Fundamentals Training delivered?

International Public Sector Accounting Standards (ipsass) Fundamentals Training is delivered through instructor-led classroom, live online, private in-house corporate training depending on the selected cohort or organizational arrangement.

What are the fees for International Public Sector Accounting Standards (ipsass) Fundamentals Training?

The published course investment is KES 80,000 and USD 3,600. Location-specific fees are shown where configured.

How long is International Public Sector Accounting Standards (ipsass) Fundamentals Training?

International Public Sector Accounting Standards (ipsass) Fundamentals Training runs for 5 Days unless a customized corporate schedule is agreed.

Do participants receive a certificate for International Public Sector Accounting Standards (ipsass) Fundamentals Training?

Participants who complete the course receive a Certificate of Completion from EduCore Global Skills.

Where can I take International Public Sector Accounting Standards (ipsass) Fundamentals Training?

International Public Sector Accounting Standards (ipsass) Fundamentals Training is available in Johannesburg, South Africa. Current dates are shown only where real sessions have been configured.

Who should attend International Public Sector Accounting Standards (ipsass) Fundamentals Training?

International Public Sector Accounting Standards (ipsass) Fundamentals Training is designed for Finance Officers, Accountants, Auditors, Budget Officers, Treasury Staff, Finance Managers and organizations that need practical capability in Accounting, Finance & Taxation Courses.

What are the prerequisites for International Public Sector Accounting Standards (ipsass) Fundamentals Training?

No mandatory prerequisite is required unless stated in the course outline. Practical workplace experience in the subject area is helpful.