IFRS and IPSAS: Interpretation and Application
Apply current IFRS and IPSAS standards correctly in financial reporting for private and public entities.
- 5 days
- Classroom · Live virtual · In-house
- Afriskora Certificate of Completion
Course overview
This course updates accountants on key International Financial Reporting Standards and International Public Sector Accounting Standards, including recent changes. It focuses on practical application, disclosure and the transition from cash to accrual accounting in the public sector, with worked examples.
Who should attend
- Accountants and financial reporting staff
- Auditors
- Public-sector finance officers
- CFOs and finance managers
What you will be able to do
- Apply key IFRS standards to transactions
- Apply IPSAS in public-sector reporting
- Manage the move to accrual accounting
- Prepare compliant disclosures
- Stay current with standard updates
Course outline
Day 1Framework and presentation
- • Conceptual framework
- • Presentation of financial statements
- • Recent and upcoming changes
- • IFRS vs IPSAS
Day 2Revenue, leases and assets
- • IFRS 15 revenue
- • IFRS 16 leases
- • Property, plant and equipment
- • Impairment
Day 3Financial instruments
- • IFRS 9 classification
- • Expected credit losses
- • Hedging basics
- • Disclosures
Day 4Public-sector specifics
- • Non-exchange revenue
- • Cash to accrual transition
- • Consolidation in government
- • Budget reporting
Day 5Practice and review
- • Case studies
- • Common audit findings
- • Disclosure checklist
- • Implementation plan
Frequently asked questions
How long is the IFRS and IPSAS: Interpretation and Application course?
The course runs for 5 days. Daily start and finish times are confirmed in your joining instructions. Live virtual sessions cover the same programme.
Do I receive a certificate?
Yes. Every participant who completes the course receives an Afriskora Certificate of Completion with a unique code that employers can verify online.
Can this course be delivered in-house for our team?
Yes. We can run it at your premises or online for your team, on dates that suit you, and adapt examples and case studies to your sector.
How do I book and pay?
Request dates and we'll send available sessions and a quote. Bookings are confirmed by invoice and paid by EFT. South African clients can include the course in their Workplace Skills Plan.
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