Embracing global best practices in public
sector accounting and auditing is critical to achieving improvement in
the country financial system. Public sector establishments are
required to be compliant with International Public Sector Accounting
Standards (IPSAS) and International Auditing Standards to minimize
bureaucracy and its attendant mismanagement.
This workshop is designed to equip and
update participants with relevant knowledge and skills in Public Sector
Accounting and Auditing.
At the end of the workshop, participants will be able to:
Discuss global practices in public sector accounting and auditing;
Identify the problems with public sector financial management
Generate financial information for quality managerial decisions;
Use the public sector budget as an instrument for directing and achieving appropriate goals; and
Use computer-based accounting and financial information systems.
Determining audit universe in context of regulatory, governance and operating environments
Discuss framework for audit planning (assets, liabilities, revenue and expenses)
Overview of Public Sector Accounting
The Basis of Accounting in the Public Sector
Presentation of Financial Statement (IPSAS 1)
Disclosure of Financial Information about the General Government Sector (IPSAS 22)
Budgeting and Budgetary Control in the Public Sector
Presentation of Budget Information in Financial Statement (IPSAS 24)
Fraud and its Preventive Measures
Public Sector Audits
Expenses and Claims
This programme is intended for Public
Sector Accountants, Internal Auditors, Governance and Risk
professionals, Accounting/Finance professionals working in public sector
entities. Public Sector officers who are involved in managing public
funds, improving public sector governance and/or strengthening internal
controls will find this programme useful.
Lecture, discussion, syndicate work, case
study and exercises. Audio-visual aids will be used to reinforce these
Our portfolio of more than 200 training courses are currently designed to address the current training needs of our clients incorporating latest trends and internationally accepted best practices, in each distinct subject area.