International Public Sector Accounting Standards (IPSAS)

Upcoming Sessions

Classroom sessions
Online sessions

Course Introduction

Public sector accounting has evolved significantly in recent years, and traditional accounting methods are no longer sufficient for modern governance and financial transparency. As public entities face increasing demands for accountability, the adoption of International Public Sector Accounting Standards (IPSAS) has become essential. IPSAS helps enhance the credibility and reliability of financial reporting, fostering public trust and strengthening governance across government bodies.

This International Public Sector Accounting Standards (IPSAS) Training Course provides a complete overview of IPSAS principles and the updated accounting framework for public sector organizations. Using real-world case studies, participants will explore practical challenges in financial reporting, disclosure requirements, and compliance with IPSAS standards. This course ensures a clear understanding of how to apply IPSAS in daily financial operations and reporting.

This COPEX training course will feature:

  • Understanding International Accounting Standards (IAS)
  • Learning Generally Accepted Accounting Principles (GAAP)
  • Developing IPSAS strategies for public entities
  • Implementing IPSAS standards effectively
  • Producing compliant financial statements and disclosures

Objectives

This IPSAS training course is designed to equip participants with practical knowledge and skills needed for IPSAS adoption and implementation. By the end of the training, participants will have a clear roadmap for integrating IPSAS into public sector financial reporting, improving transparency and governance.

Participants will be able to:

  • Understand the structure and process of implementing IPSAS
  • Comprehend the core values and principles of IPSAS
  • Identify key differences between IPSAS and traditional accounting methods
  • Explain financial reporting requirements under IPSAS
  • Plan and execute steps towards IPSAS adoption
  • Apply IPSAS disclosure requirements, including accounting policies and notes

Training Methodology

This training course uses a mix of proven adult learning methods to ensure high levels of engagement, understanding, and retention. The course is structured to promote active participation, allowing delegates to relate theory to real public sector challenges. It blends interactive learning with practical examples to support long-term application.

Participants will work through real case studies, engage in group discussions, and practice IPSAS-based reporting. This approach enables participants to apply concepts directly to their organization’s financial environment. A combination of role play and scenario analysis helps reinforce key topics and improves problem-solving skills. Pre and post-course assessments measure progress and identify areas for improvement.

Participants will also receive comprehensive handouts and practical examples in both printed and electronic formats for future reference and continued learning.

Who Should Attend?

This IPSAS training course is ideal for professionals who work in public sector finance, accounting, and governance. It is particularly useful for those seeking to strengthen financial reporting and compliance under the IPSAS framework. The course is designed for both beginners and experienced practitioners who need updated knowledge on IPSAS standards.

This course will benefit:

  • Board level members aiming to enhance their IPSAS understanding
  • Auditing professionals working with government entities
  • Corporate governance directors and compliance officers
  • Internal auditors and financial controllers
  • Public sector finance and accounting personnel
  • Professionals seeking deeper insight into public sector accounting methods

Course Outline

Day 1: Introduction to IPSASB and IPSAS

  • The challenges of Accounting in the public sector
  • The characteristics of public sector entities
  • Presentation of the Board (IPSASB)
  • IPSASB organization
  • The relationship between IPSASB and IPSAS
  • The purpose of financial statements and any ongoing projects

Day 2: Financial Statements Presentation and Accounting Policy

  • Key IPSAS requirements within financial statements :IPSAS 1
  • Producing the statement of financial position
  • Producing the cash flow statement :IPSAS 2
  • Accounting policies, changes in accounting estimates, and errors: IPSAS 3
  • Segment reporting: IPSAS 18
  • Disclosure standards and other topics, presentation of budget information :IPSAS 24
  • Reporting changes in net asset position
  • Producing compliant notes to the accounts

Day 3: Financial Information: Revenues, Cash & Budget

  • Non-exchange revenue :IPSAS-23
  • Exchange revenue :IPSAS- 9
  • Construction contracts :IPSAS- 11
  • The statement of cash receipts and payments
  • Presentation of budget information in the financial statements

Day 4: Accounting for Assets and Liabilities

  • Investment property, Property plant and equipment: IPSAS- 16&17
  • Intangible assets and impairment :IPSAS- 31, 21 & 26
  • Inventories: IPSAS- 12
  • Borrowing costs Leases: IPSAS-5 & 13
  • Financial instruments: IPSAS- 28, 29&30
  • Provisions & Contingent liabilities and contingent assets :IPSAS 19

Day 5: Disclosures and Consolidation

  • Disclosures
  • Related party disclosures: IPSAS 20
  • Disclosure of financial information about the general government sector:IPSAS 22
  • Consolidation under the cash basis
  • The additional (non-mandatory) disclosures
  • Case studies

Certificate

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course

Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.

Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.

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Frequently Asked Questions

This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

Yes, and we'd love to make that happen. COPEX  specialises in fully customised in-house training, adapting course content to align with your organisation's unique goals, culture, and industry demands. Get in touch with us directly and we'll craft the right solution for your team.

Yes, the choice is yours. The International Public Sector Accounting Standards (IPSAS) Training Course  runs in a traditional classroom setting across various international locations, and it's also available as a live online programme for those who prefer to learn from wherever they are. Pick the format that fits your lifestyle and schedule best.

Not at all. The International Public Sector Accounting Standards (IPSAS) Training Course doors are open to everyone, regardless of your background or how many years you've been in the industry. That said, having some familiarity with the subject area can help you get even more out of the experience.

Our team is available around the clock — 24 hours a day, 7 days a week — ready to answer any question you have. Whether you need help choosing the right course, completing your registration, or sorting out logistics, we're here for you.

Expect an engaging, hands-on journey — not a room full of slides and passive listening. COPEX’s delivery blends presentations with group discussions, real-world case studies, practical exercises, and collaborative workshops. The goal is simple: everything you learn, you can use immediately back at work.

You'll be in good hands. COPEX hosts its courses in premium 4-star and 5-star hotels, with professional, fully equipped training spaces designed for focus and comfort. Throughout each day, you'll enjoy refreshment breaks with coffee and snacks, plus a complimentary lunch following every session.

This International Public Sector Accounting Standards (IPSAS) Training Course welcomes professionals from all walks of corporate life — whether you're a seasoned manager, an emerging team leader, a subject-matter specialist, or simply someone driven to grow in their field. If you're serious about advancing your career and deepening your expertise, this course was built with you in mind.

Absolutely. Every participant who successfully completes the International Public Sector Accounting Standards (IPSAS) Training Course earns an COPEX Certificate of Completion — a recognised mark of professional achievement. Depending on the specific course, it may also qualify for Training credits, which will be clearly noted in the course details.

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