There is an increasing global acceptance and transition to International Financial Reporting Standards (IFRS) and the use of IFRSs as a basis for the preparation of financial statements. IFRS/IPSAS are updated regularly to ensure relevance to the dynamic operating environment and changes in stakeholders’ demands. This creates a need for professional accountants to attend on regular basis the training programmes to remain up to date with changes in standards. This is critical to ensure that the financial statement comply with the extant relevant IFRSs/ IPSASs. This programme provides practical guidance in relation to IFRS and IPSAS technical updates.