IPSAS Milestone 4 Transition to IPSAS

This two-day course provides an overview of the issues when transitioning fromcashbasis accounting or modified cash-basis to the accruals-basis IPSASs. The course focuses on all aspects of change management from an accountants and auditors perspective, illustrated with real-world examples. Issues and examples are illustrated through the use of short case studies, questions and quizzes. This program answers questions such as:

What are common issues related to the first IPSAS compliant financial statements? How to prepare opening balance under IPSAS? What specific issues are there regarding comparative figures? What is the audit issues related to the movement to IPSAS-compliant financial statements? What guidance is available?

1.1.1.1 Prerequisites

Understanding of basic accounting principles based on any national standards in the public sector. Knowledge of the related course IPSAS Milestone 2 or 3 is highly recommended. No advance preparation is required for this course.

1.1.1.2 Topics

Common issues related to a change in accounting systems Change Management Human Resources IT Legal aspects Accounting Issues: Accounting policies and Accounting Manuals Audit issues Elements of a roadmap for transitioning to IPSASs Lessons Learned United States of America France Italy Nato United Kingdom

New Zealand United nations European Community Resources and referencematerial Checklists Comparative Studies FAQ

1.1.1.3 Course Benefits

Understand the issues when moving to cash-basis or modified-cash to accrualsbasis IPSASs. Learn from the lessons learned of entities and jurisdictions which have moved are moving to accruals-basis accounting. Understand the key elements of a roadmap when moving to accruals-basis IPSAS. Understand the audit implications when transitioning to accruals-basis IPSAS. Learn the sources of IPSAS guidance that are available

1.1.1.4 Who should attend?

This course is especially interesting for:

Any professional in a Finance Position in the Public Sector. Auditors and Accountants serving the Public Sector. Consultants serving the Public Sector. Chief Accountants. Public Sector Finance Directors. Heads of Finance in the Public Sector Finance Managers in the Public Sector. Financial Controllers in the Public Sector.

1.1.1.5 Number of days and CPE Credits

This two days course is eligible for 16 CPE Credits.

Course IPSAS Milestone 4 IPSAS Milestone 4 IPSAS Milestone 4 IPSAS Milestone 4 IPSAS Milestone 4 IPSAS Milestone 4 IPSAS Milestone 4

Days 2 2 2 2 2 2 2

City Mumbai Miami Singapore Paris Accra Cairo Colombo

Country India USA Singapore France Ghana Egypt Sri Lanka

Start 22-6-2011 5-10-2011 17-10-2011 2-11-2011 14-11-2011 22-11-2011 5-12-2011

Finish 23-6-2011 6-10-2011 18-10-2011 3-11-2011 15-11-2011 23-11-2011 6-12-2011

Fee $1.500 $1.500 $1.500 $1.500 $1.500 $1.500 $1.500