SCAAK participates in “Training of Trainers” organized under the PULSAR programme

2019-10-07 - 03:25

Representatives of SCAAK together with representatives of Governments, Universities and Professional Accountancy Organizations of the Western Balkans and the EU Eastern Partnership countries are participating in the "Training of Trainers" organized under the PULSAR programme, an ACCA collaboration with the Center for Financial Reporting Reform (CFRR), part of the World Bank, in Vienna, 7-11 October 2019.

In October 2017, ACCA published a report, IPSAS Implementation: Current Status and Challenges, an examination of the current state of the adoption of IPSAS across the world. The report examines the progress being made, as well as the current challenges faced, with the implementation of International Public Sector Accounting Standards. By considering IPSAS adoption across a range of developing countries and identifying commonalities and emerging issues, the report draws out lessons on both the benefits and the challenges associated with IPSAS Adoption. ACCA also works closely with the IPSAS-B, responding to its consultations and engaging with the Board as it develops the IPSAS standards.

IPSAS have been developed to enhance the quality, consistency and transparency of public sector financial reporting worldwide. Issued by the International Public Sector Accounting Standards Board (IPSASB), they are cash-based standards and accruals standards used for the preparation of general purpose financial statements by governments and other public sector entities around the world.

The ACCA Certificate in International Public Sector Accounting Standards – known as Cert IPSAS - has been specifically developed to help you meet the challenges of implementing IPSAS by:

• examining the fundamental requirements of accrual-based IPSAS on a standard-by-standard basis, for the benefit of preparers, auditors and users of financial statements
• providing guidance on how to use IPSAS in practice, with the aid of cases, interactive exercises and formative questions
• explaining the difference between the cash basis IPSAS and accrual-based IPSAS
• providing an overview of how IPSAS are used around the World
• explaining the workings of the IPSASB and how these are developing.