International Public Sector Accounting Standards (IPSAS) – EDUREX – Professional Courses, Certifications

ByEDUREX

Overview
Curriculum
Institution

IPSAS is a globally recognized framework that sets out the accounting principles and practices specifically tailored to public sector entities. This course aims to equip participants with the knowledge and skills required to apply IPSAS in government and non-profit organizations, ensuring transparency, accountability, and effective financial management.

What you’ll learn

Introduction to IPSAS
IPSAS Framework and Principles
IPSAS Financial Statements
Accounting for Assets
Accounting for Liabilities
Revenue Recognition

Requirements

Candidates must;

Have passed NECO or WASSCE
Have access to either a computer or smartphone with Internet Connectivity.
Be equipped with quality webcam and headphones

Duration & Fees

Regular – 10 Weeks – ₦170,000
Fast-Track – 8 Weeks – ₦255,000

Program Dates

August – October, 2024
October – December, 2024
February – April, 2025
May – July, 2025

Curriculum

8 Sections
11 Lessons
10

Expand all sectionsCollapse all sections

Module 1: Introduction to IPSAS
2
- 1.1
  Understanding the history and significance of IPSAS.
- 1.2
  The role of IPSAS in improving financial management and accountability in the public sector.
Module 2: IPSAS Framework and Principles
2
- 2.1
  Exploring the fundamental principles and concepts of IPSAS.
- 2.2
  Understanding the accrual basis of accounting and its application in the public sector.
Module 3: IPSAS Financial Statements
1
- 3.1
  Learning how to prepare financial statements in accordance with IPSAS, including the Statement of Financial Position, Statement of Financial Performance, and Statement of Cash Flows.
Module 4: Accounting for Assets
1
- 4.1
  Understanding the recognition, measurement, and presentation of assets, including property, plant, and equipment, intangible assets, and financial assets.
Module 5: Accounting for Liabilities
1
- 5.1
  Examining the accounting treatment of various liabilities, including borrowings, provisions, and employee benefits.
Module 6: Revenue Recognition
1
- 6.1
  Learning how to recognize and account for revenue in the public sector, including grants, taxes, and other income sources.
Module 7: Budgetary Accounting
2
- 7.1
  Understanding the relationship between budgetary and financial accounting in the public sector
- 7.2
  How to account for budgetary transactions and variances.
Module 8: Consolidated Financial Statements
1
- 8.1
  Exploring the consolidation of financial statements when public sector entities have controlled or subsidiary relationships.