Overview of the IPSAS Course in Abu Dhabi
International Public Sector Accounting Standards - IPSAS provides the latest standardised accounting framework for governments and government-related organisations. Time Training Center's IPSAS Training in Abu Dhabi will help you master critical thinking and problem-solving skills, and seamlessly adapt to the latest IPSAS Standards.
You will learn key principles of the Conceptual Framework for Financial Reporting and applicable standards in Public Sector Accounting. You will gain in-depth knowledge of accounting policies and addressing IPSAS implementation issues. Join our IPSAS Course today and gain expertise in implementing key strategies for migration to IPSAS standards in the public sector.
Why Get IPSAS Certification?
Getting certified in IPSAS will boost your career opportunities across the public sector. Having IPSAS Certification validates your skill in accurate interpretation of an entity's operations and performance. You can become a valuable asset to your organisation in managing system modifications and other changes needed to implement IPSAS effectively.
IPSAS Course Outcomes and Professional Benefits
- Contributes to your professional growth: IPSAS Training showcases your commitment to skill development and contributes to your professional growth.
- Gain a competitive edge over others: IPSAS is an international accounting standard and acquiring the latest knowledge gives you a competitive edge over others in the workplace.
- Improved decision-making Skills: You will develop the skills to make necessary decisions to mitigate the risk of non-compliance and other challenges.
- Globally recognised credential: After the completion of IPSAS Training you will receive a globally-recognised credential that will enable you to work outside your country.
- Strengthen your resume: Our training will help you gain knowledge of recent changes in IPSAS standards that will help you strengthen your resume.
IPSAS Certification Career Path & Opportunities
It is to be noted that this is not a career-oriented training course. Getting an IPSAS Certification validates your upgraded knowledge and skills in accrual accounting and financial reporting, which will help you reach a higher job position.
Industries Looking for IPSAS professionals
- Universities
- Academic Institutions
- Ministry of Finance
- National Audit Office
- Professional Audit Organizations
- Professional Accountancy Organizations
- NGOs who are planning to adopt IPSAS.
Prerequisites for Joining the IPSAS Course
The following group of professionals are eligible for joining the IPSAS Course,
- Directors & Managers
- Finance & Accounting Personnel
- Accountants & Financial Professionals
- Senior Managers & Department Heads
- Senior Budget Holders & Policymakers
- Faculty Members, Academic Accounting Staff
- IPSAS Implementation and Maintenance Teams
- Members of audit and advisory boards “public and private sector organisations”
- The Ministry of Finance, National Audit Office, NGOs, associations, government agencies, ministries, departments, and local government entities have Staff
IPSAS Course Modules
1. Introduction to Public Sector Accounting
- What is Accounting
- Basis of Accounting
- Evaluation of Public Sector Accounting
- Accounting Standards
2. International Public Sector Accounting Standards (IPSAS)
- History of IPSAS
- Scope of IPSAS
- To whom IPSAS apply
- Authority of IPSAS
3. Cash Basis IPSAS
- Cash Basis of Accounting
- Mandatory Disclosures
- Encouraged Disclosures
- A step towards Accrual IPSAS
4. Accrual Basis IPSAS and Its Presentation
- Accrual Basis of Accounting
- IPSAS 1 - Presentation of Financial Statements
- IPSAS 2 - Cash Flow Statements
- IPSAS 3 - Changes in Accounting Policies, Estimates & Errors
5. Revenues & Expenses
- IPSAS 9 - Exchange Transactions
- IPSAS 23 - Non-Exchange Transactions
- IPSAS 11 - Construction Contracts
- IPSAS 42 - Social Benefits
6. Assets
- IPSAS 12 - Inventories
- IPSAS 17 - Property, Plant & Equipment
- IPSAS 31 - Intangible Assets
- IPSAS 16 - Investment Property
- IPSAS 43 - Leases
- IPSAS 21 & 26 - Impairments
- IPSAS 32 - Service Concession Assets
7. Liabilities
- IPSAS 39 - Employee Benefits
- IPSAS 19 - Provisions, Contingent Liabilities & Contingent Assets
8. Financial Instruments
- Definitions
- Classification of Financial instruments
- Recognition & Impairment
- Derecognition & Disclosures
9. Consolidation and Combinations
- Investments in Associates & Joint Ventures
- Separate & Consolidated Financial Statements
- Disclosures of Interest in various entities
- Public Sector Combinations
10. Disclosure Standards
- IPSAS 18 - Segment Reporting
- IPSAS 20 - Related Party Disclosures
- IPSAS 22 - Disclosures about the General Government Sector
- IPSAS 24 - Presentation of Budget Information in Financial Statements
11. Transition to Accrual IPSAS, IPSAS 33
- Migration from Cash basis to Accrual basis
- Exemptions & Transition Provisions
- First-time adoption
- Change management
12. Implementation & Updation of IPSAS
- Selection of Strategy for Implementation
- Phases in implementation
- Support Analysis for Transition
- Updation of Changes
IPSAS Training Options
Training Options |
Features |
Classroom Training |
- Instructor-led Classes
- Case Study Presentation
- Lecture-Based Presentation
- Video and Audio Inserts
- Simulated Exams and Exam Practice
|
Customised Corporate Training |
- Customised learning (digital/ instructor-led)
- Flexible pricing options
- Enterprise dashboards for individuals and teams
- Learner assistance and after-support
|
Live Virtual Training |
- 30-36 Hours classes
- Authorised Instructor-led Classes
- Weekend/Weekday Classes
|
How to Get IPSAS Certified?
- Get IPSAS training from the Time Training Center
- Attend the certification exam
- Demonstrate your skills and get good scores
- Get IPSAS Certification
Why Choose Time Training Center for IPSAS Training in Abu Dhabi?
Time Training Center in Abu Dhabi provides comprehensive IPSAS Training that covers fundamental concepts and principles in Public Sector Accounting while focusing on implementation, capacity development, and risk management plans.
We follow an interactive learning environment with lectures, discussions, exercises, and projects that provide both theory and practical experience. Our expert instructor-led training provides detailed feedback so you can learn from your mistakes and apply best practices to improve your transparency in financial reporting.
Upon the completion of this training program, you will receive a course completion certification that will enhance your career prospects. Join our IPSAS course today to learn the best practices.