IPSAS-International Public Sector

Accounting Standards
Presented by: Samuel Teferi- Principal Trainer

JULY 2019 Session 1: Introduction

Course Title: IPSAS

Session 1: Session Outline

 Introduction

 Participants expectations

 Summary of course

objectives

 Course Outline

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 Introduction
Please Introduce Yourself;

 Your Name
 Your Organization and Your
Position
 Experience in finance, # of
years
 One thing nobody in this
room knows about you

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 Expectations:
Time: 5 Minutes

 What do I want from this

course?
 One thing I hope will happen
is…
 One thing I hope
won’t
happen is..

 I know the course has

been successful if…..
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Our Approach..

Some guidelines:

 Active participation
 Ask questions (please...)
 Presentations

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How We Learn

I hear and I forget

I see and I remember
I do and I
understand
Confucius,450BC

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Course Objectives

At the end of the training, participants will be able to:

Do:  On Hand Practices of IPSAS Concepts that are

practical to the actual day-to day trends of MoUDC

 Produce a sample financial Report at the end of the

session

Know:  Understand IPSAS Accrual Recognition, Measurement,

Presentation and Disclosure requirements

 Understand real life IPSAS Financial Statements

 Understand the strategic Implications of IPSAS

Adoption


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Understand the practical implications and challenges of
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Course Objectives

At the end of the training, participants will be able to:

Know:  Implement and Apply IPSAS in Practices

 Grasp new career opportunities in relation to IPSAS

 Understand Why IPSAS are the appropriate standards for

MoUDC organizations

 Understand implementation strategy and critical success

Factors

Feel:  recognize that IPSAS is for everyone in the MoUDC’s context

 appreciate the central role of Accountancy & financial

management in achieving an MoUDC’s objectives

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Appreciate the importance of accountability and transparency
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in an MoUDC.
 Course Outline:

MODULE 1: THE NATURE AND OPERATIONS OF THE IPSASB

MODULE 2: FINANCIAL STATEMENT PRESENTATION AND ACCOUNTING POLICY

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Group Work

 Each group 4-5 people

 There will be other tasks

during the week, so
remember your groups

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End

 Any Questions???

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