The objective of this training is to enable you in developing your knowledge and understanding of Public Sector Accounting with special emphasis on International Public Sector Accounting Standards. By the end of this training you should be able to:

• Describe the context for Accrual Accounting in public sector entities
• Learn the key principles of Conceptual Framework for Financial Reporting
• Learn the standards applicable to key elements of financial statements
• Learn the disclosure requirements for public sector entities in financial reports and notes
• Explain the requirements of cash Basis IPSAS

Solid State Training customises each training course to meet the learning expectations of the training audience and relate it with their professional backgrounds and experience. Classroom sessions with presentations by a highly competent trainer form a major part of the training. However, participation is encouraged through group discussions, problem-solving exercises, group activities, projects, etc. Solid State Training follows the Do–Review–Learn–Apply Model.

Companies who get their employees to participate in this course can benefit in the following ways:

• Enhanced knowledge and understanding of the global trends for public sector accountability and reporting
• Establish the costs and benefits for implementing IPSAS and implications
• Manage the system modifications and other changes required to implement IPSAS
• Apply IPSAS standards to ensure Improved Accountability via providing a comprehensive and accurate interpretation of an entity’s operations and performance

Individuals who participate in this course can benefit in the following ways:

• Understand IPSAS and the structure and framework for public sector accounting
• Prepare and make financial statements and disclosures under IPSAS
• Migrate an entity toward IPSAS compliance
• Understand IPSAS for accrual basis of accounting and cash basis of accounting