Format: Live instructor-led online training via Zoom / Microsoft Teams

International Public Sector Accounting Standards (IPSAS) Training Course

International Public Sector Accounting Standards (IPSAS) Training Course is a comprehensive professional development program designed to strengthen public financial management, accrual accounting, financial reporting, budget transparency, accountability systems, and compliance with International Public Sector Accounting Standards in government institutions, NGOs, donor-funded projects, and public sector organizations. The course equips participants with practical knowledge and technical skills in IPSAS implementation, public sector financial reporting, asset management, budgeting, auditing, financial statement preparation, and public financial governance to improve transparency, efficiency, and accountability in public sector financial management systems.

This practical IPSAS training focuses on accrual-based accounting, cash-based IPSAS reporting, public sector budgeting, financial statement presentation, revenue recognition, asset and liability management, consolidation of financial statements, audit compliance, and financial reporting standards. Participants gain hands-on exposure to IPSAS frameworks, public expenditure management, treasury operations, procurement finance, donor fund reporting, and public sector financial analysis using modern accounting systems and digital financial reporting tools. The course also examines emerging trends in public sector accounting reforms, e-government financial systems, sustainability reporting, and international best practices in public financial management.

The International Public Sector Accounting Standards (IPSAS) Training Course is ideal for ministries, county governments, state corporations, donor-funded institutions, development agencies, NGOs, universities, and regulatory bodies seeking to improve financial accountability, harmonize reporting systems, strengthen internal controls, and achieve international financial reporting compliance. Through practical exercises, simulations, and real-world case studies, participants develop the competencies needed to implement IPSAS effectively and support institutional financial sustainability and governance reforms.

Course Objectives

1. To strengthen understanding of International Public Sector Accounting Standards principles and frameworks
2. To improve public sector financial reporting and disclosure practices
3. To enhance accrual accounting and cash-based IPSAS implementation skills
4. To develop competencies in preparation and interpretation of public sector financial statements
5. To strengthen public financial management and budget accountability systems
6. To improve asset, liability, and revenue recognition management in public institutions
7. To enhance compliance with IPSAS reporting standards and audit requirements
8. To strengthen internal controls and financial governance systems
9. To improve donor fund management and public expenditure reporting
10. To equip participants with digital public financial management and reporting tools

Organization Benefits

1. Improved compliance with International Public Sector Accounting Standards
2. Enhanced public financial transparency and accountability systems
3. Better financial reporting accuracy and disclosure practices
4. Strengthened internal controls and audit preparedness
5. Improved public expenditure management and budget performance
6. Enhanced donor confidence and financial governance credibility
7. Better management of public assets, liabilities, and financial risks
8. Increased efficiency in financial reporting and treasury operations
9. Improved resource allocation and strategic financial planning
10. Stronger institutional sustainability and regulatory compliance capacity

Target Participants

• Finance and Accounts Officers
• Government Accountants
• Internal and External Auditors
• Budget and Treasury Officers
• Public Financial Management Specialists
• NGO and Development Finance Professionals
• Procurement and Supply Chain Officers
• Grants and Compliance Officers
• Project Finance Managers
• County Government Finance Officers
• Corporate Governance and Risk Officers
• Senior Managers and Public Sector Administrators

Course Outline

Module 1: Introduction to International Public Sector Accounting Standards (IPSAS)

• Overview of IPSAS frameworks and public sector accounting reforms
• Principles and objectives of IPSAS implementation
• Cash-based IPSAS and accrual-based IPSAS concepts
• Public sector financial management and governance systems
• Financial accountability and transparency in government institutions
• Case study on IPSAS adoption and public sector reforms

Module 2: IPSAS Conceptual Framework and Financial Reporting

• IPSAS conceptual framework and reporting objectives
• Qualitative characteristics of public sector financial information
• Presentation of financial statements under IPSAS
• Financial reporting entities and reporting boundaries
• Disclosure requirements and financial statement notes
• Case study on IPSAS-compliant financial reporting practices

Module 3: Accrual Accounting and IPSAS Implementation

• Fundamentals of accrual accounting in the public sector
• Transition from cash accounting to accrual accounting
• Revenue recognition and expense recognition principles
• Accounting policies, estimates, and error corrections
• IPSAS implementation strategies and institutional readiness
• Case study on accrual accounting transition and implementation challenges

Module 4: Public Sector Budgeting and Expenditure Management

• Budget preparation and budgetary control systems
• Public expenditure management and fiscal accountability
• Budget execution, monitoring, and variance analysis
• Program-based budgeting and performance management
• Treasury management and public sector cash flow planning
• Case study on public budgeting and expenditure control systems

Module 5: Accounting for Assets and Liabilities under IPSAS

• Recognition and measurement of public sector assets
• Property, plant, and equipment accounting standards
• Inventory management and intangible asset accounting
• Accounting for liabilities, provisions, and contingencies
• Asset valuation, depreciation, and impairment management
• Case study on public asset and liability management systems

Module 6: Revenue, Grants, and Donor Fund Accounting

• Accounting for taxes, non-exchange transactions, and grants
• Donor funding management and financial accountability
• Revenue recognition under IPSAS standards
• Conditional and unconditional grants accounting procedures
• Financial reporting for donor-funded projects and programs
• Case study on donor fund accounting and grant compliance

Module 7: Consolidated Financial Statements and Reporting

• Preparation of consolidated public sector financial statements
• Accounting for controlled entities and government agencies
• Inter-entity transactions and consolidation adjustments
• Group financial reporting and reporting frameworks
• Whole-of-government financial reporting systems
• Case study on consolidated financial reporting in public institutions

Module 8: Internal Controls, Audit, and Financial Governance

• Internal control systems and fraud prevention mechanisms
• Audit processes and IPSAS compliance reviews
• Public sector corporate governance and accountability
• Risk management and financial oversight systems
• Ethics and integrity in public financial management
• Case study on audit compliance and governance reforms

Module 9: Financial Analysis and Performance Reporting

• Financial analysis techniques for public sector institutions
• Ratio analysis and public financial performance indicators
• Monitoring and evaluation of public financial performance
• Cost analysis and value-for-money assessment
• Strategic financial decision-making in government institutions
• Case study on financial analysis and performance measurement

Module 10: Procurement Finance and Public Sector Compliance

• Procurement budgeting and contract financial management
• Public procurement regulations and compliance systems
• Expenditure tracking and procurement audit processes
• Financial controls in procurement and supply chain management
• Anti-corruption measures and financial compliance frameworks
• Case study on procurement finance and accountability systems

Module 11: Digital Financial Reporting and Public Financial Management Systems

• Integrated financial management information systems (IFMIS)
• Digital accounting and automated financial reporting tools
• Data analytics and dashboard reporting for public finance
• Cybersecurity and public financial data protection
• E-government financial systems and digital transformation
• Case study on digital public financial management reforms

Module 12: Emerging Trends and Strategic IPSAS Implementation

• Emerging trends in international public sector accounting standards
• Sustainability reporting and environmental financial governance
• Strategic financial leadership in public sector institutions
• Challenges and opportunities in IPSAS implementation
• Global best practices in public financial management reforms
• Case study on successful IPSAS implementation and institutional transformation

General Information

1. Customized Training: All our courses can be tailored to meet the specific needs of participants.

2.      Language Proficiency: Participants should have a good command of the English language.

3.      Comprehensive Learning: Our training includes well-structured presentations, practical exercises, web-based tutorials, and collaborative group work. Our facilitators are seasoned experts with over a decade of experience.

4.      Certification: Upon successful completion of training, participants will receive a certificate from Foscore Development Center (FDC-K).

5.      Training Locations: Training sessions are conducted at Foscore Development Center (FDC-K) centers. We also offer options for in-house and online training, customized to the client's schedule.

6.      Flexible Duration: Course durations are adaptable, and content can be adjusted to fit the required number of days.

7.      Onsite Training Inclusions: The course fee for onsite training covers facilitation, training materials, two coffee breaks, a buffet lunch, and a Certificate of Successful Completion. Participants are responsible for their travel expenses, airport transfers, visa applications, dinners, health/accident insurance, and personal expenses.

8.      Additional Services: Accommodation, pickup services, freight booking, and visa processing arrangements are available upon request at discounted rates.

9.      Equipment: Tablets and laptops can be provided to participants at an additional cost.

10.  Post-Training Support: We offer one year of free consultation and coaching after the course.

11.  Group Discounts: Register as a group of more than two and enjoy a discount ranging from 10% to 50%.

12.  Payment Terms: Payment should be made before the commencement of the training or as mutually agreed upon, to the Foscore Development Center account. This ensures better preparation for your training.

13.  Contact Us: For any inquiries, please reach out to us at training@fdc-k.org or call us at +254712260031.

14.  Website: Visit our website at www.fdc-k.org for more information.