There has been increasing pressure for governments around the world to
be more accountable for their public budgets and to produce accurate,
meaningful and transparent financial statements. International Public
Sector Accounting Standards (IPSAS) enable public entities to show clear
accrual accounting and budgeting techniques and demonstrate
results-based monitoring and reporting.
IPSAS is becoming and will become the World standard for Public Sector
entities. IFRS having replaced IAS is now becoming the world standard,
but in many ways was not specific enough to the needs of the Public
Sector. The United Nations and World Bank coming to this realisation
have favoured IPSAS which is a modified form of IFRS tailored to the
This conference will help the participant not only in meeting the
challenges of introducing IPSAS, but also to secure the benefits of
improved financial management to help secure organisational objectives
and goals of each public service organisation.
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