Overview of IPSAS Training in Riyadh
International Public Sector Accounting Standards (IPSAS) are a set of accounting standards used by public sector entities globally in preparing financial statements. IPSAS, issued by the International Public Sector Accounting Standards Board (IPSASB) aims to improve the quality of general-purpose financial reporting in the public sector. This set of accounting standards increases transparency and accountability of government decisions about resource allocation, making it crucial for accounting professionals within the public sector to learn this for career and organisational success.
Edoxi's IPSAS Training in Riyadh aims to prepare public sector professionals to perform accounting and financial reporting according to IPSAS (International Public Sector Accounting Standards). The IPSAS Training will help participants gain a complete understanding of how to apply and interpret International Public Sector Accounting Standards in a public-sector setting. Our IPSAS training caters to accountants and finance staff at all levels involved in preparing financial statements, IFRS and IPSAS implementation and maintenance teams, Internal auditors and consultants dealing with financial reporting.
Edoxi's expert-led training focuses on equipping individuals with the knowledge of IPSAS standards and their principles, accrual accounting, while also providing them with practical guidance on implementing them within an organisation. Our IPSAS training will help improve financial reporting transparency, ensure compliance with international best practices and better decision-making for public sector entities and organisations.
Benefits of IPSAS Training in Riyadh
- Enhance your IPSAS Knowledge: The training will help you gain a detailed understanding of IPSAS and how they impacts public sector financial reporting.
- Improve your Accounting Skills: The course will help you develop the ability to apply IPSAS to practical situations and analyse financial statements prepared under these standards.
- Help in Career Advancement: The IPSAS qualification is valuable for accountants, auditors, and other professionals working in the public sector and can help in career advancement.
- Increase Account Transparency: Learning IPSAS promotes better financial reporting and decision-making within public organisations.
- Improve Financial Reporting Skills: Our IPSAS training aims to enhance quality and transparency by improving financial reporting skills in public sector accounting professionals.
- Compliance with International Standards: Our IPSAS training ensures that organisations adhere to international best practices in public sector accounting.
IPSAS Course Features
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Comprehensive Training
Our training provides participants with an understanding of International Public Sector Accounting Standards, covering various topics related to IPSAS and public sector accounting.
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Hands-On Practice Sessions
We offer hands-on training sessions where participants can apply their IPSAS knowledge and skills through practical exercises and real-world simulations.
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Online/Offline Classes
Our IPSAS training course is available in both online and offline formats, providing the flexibility to study at their own pace and from anywhere in the world.
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Curriculum Designed by Experts
The course curriculum is designed by experts in IPSAS and public sector accounting, ensuring content is accurate, up-to-date, and relevant.
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Course Completion Certification
After completing EDOXI’s IPSAS training in Riyadh, participants will be awarded a course completion certificate. -
Hands-On Project Based Learning
We will get the learners involved in industry-relevant projects so that they are better taught and learned through an experiential approach.
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Interactive Learning Sessions
Our IPSAS training includes interactive learning sessions such as discussions and case studies, ensuring a deeper understanding of the concepts.
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Customisation Option
Edoxi offers customisation options, allowing organisations to tailor the training content to their needs and requirements.
Industries Looking for IPSAS Trained Professionals
Government Agencies
Public Healthcare
Public Education
Non-profit organisations
Public Utilities
Auditing Firms
Consultancies
IPSAS Course Prerequisites
There are no specific prerequisites for joining Edoxi’s IPSAS Training in Riyadh. All finance professionals working in the public sector will benefit from the IPSAS Course.
IPSAS Course Modules
- Module 1: IPSAS and IPSAS
- Introduction to IPSAS
- Module 2: Financial Statement Presentation and Accounting Policy
- Financial statements (IPSAS® 1)
- Cash flow statements (IPSAS® 2)
- Accounting policies, changes in accounting estimates, and errors (IPSAS® 3).
- Module 3: Financial Performance
- Non-exchange revenue (IPSAS® 23)
- Exchange revenue (IPSAS® 9)
- Construction contracts (IPSAS® 11).
- Module 4: Accounting for Assets and Liabilities
- Borrowing costs (IPSAS® 5)
- Inventories (IPSAS® 12)
- Leases (IPSAS® 13, 43)
- Events after the reporting date (IPSAS® 14)
- Investment property (IPSAS® 16)
- Property plant and equipment (IPSAS® 17)
- Provisions, contingent liabilities, and contingent assets (IPSAS® 19)
- Impairment of non-cash generating assets (IPSAS® 21)
- Impairment of cash-generating assets (IPSAS® 26)
- Agriculture (IPSAS® 27)
- Intangible assets (IPSAS® 31)
- Employee benefits (IPSAS® 39)
- Social benefits (IPSAS® 42)
- Non-current assets held for sale and discontinued operations (IPSAS® 44).
- Module 5: Accounting for Financial Instruments
- Financial instruments: presentation (IPSAS® 28)
- Financial instruments (IPSAS® 41)
- Financial instruments: disclosures (IPSAS® 30).
- Module 6: Consolidation
- Consolidated and separate financial statements (IPSAS® 34, 35)
- Investments in associates and joint ventures (IPSAS® 36)
- Joint arrangements (IPSAS 37)
- Disclosure of interests in other entities (IPSAS 38)
- Public sector combinations (IPSAS 40)
- Translation of financial statements of foreign operations (IPSAS® 4)
- Financial reporting in hyperinflationary economies (IPSAS® 10)
- Module 7: Disclosure and Presentation of Financial Information
- Presentation of budget information in financial statements (IPSAS® 24)
- Segment reporting (IPSAS® 18)
- Related party disclosures (IPSAS® 20)
- Disclosure of financial information about the general government sector (IPSAS® 22)
- Dervice concession arrangements: grantor (IPSAS® 32).
- Module 8: Cash Basis IPSAS®
- Statement of cash receipts and payment disclosures
- Consolidation on the cash basis
- Presentation of budget information in the financial statements
- First-time adoption of accrual-based IPSAS®
- Migrating from cash to an accrual basis
- First time adoption of IPSAS® (IPSAS® 33)
- Change management and the adoption of IPSAS®
How to Get IPSAS Certified?
Review & Ratings
FAQs
IPSAS refers to the International Public Sector Accounting Standards designed to enhance financial reporting in the public sector.
IPSAS is utilized by national, regional, and local governments, as well as related governmental entities and transnational organizations.
Edoxi’s IPSAS Training in Riyadh is designed for;
- Public sector employers and employees globally
- Accountants working or wishing to work in the public sector
- National and local governments
- policymakers specialising in the public sector
- International donors.
- Corporate compliance officials
By completing Edoxi’s IPSAS certification training, you will be able to:
- Describe the fundamental requirements of accrual-based IPSAS on a standard-by-standard basis.
- Identify how to use IPSAS in practice
- Explain the difference between the cash basis IPSAS and accrual-based IPSAS
- Recognise how IPSAS are used around the world
- Apply the requirements of IPSAS in the preparation of information for financial statements
- Interpret financial statements prepared in compliance with IPSAS
- Describe the workings of the IPSASB and how these are developing.
IPSAS-qualified professionals in the UAE can look forward to a bright future and impressive job prospects. With 65% of governments in 150 jurisdictions predicted to adopt IPSAS by 2030, the demand for professionals with IPSAS Certification is set to rise.
The IPSAS Certification is globally recognised and conforms to international accounting standards. It enhances the reputation of public financial management professionals, preparing them for global employment opportunities.