Review of IFRS/IPSAS: Updates and Implications
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.
The programme is designed for finance managers, finance officers, accountants and auditors engaged in public and private sector. Participants
should have a reasonable foundation of the core IFRS/ IPSAS concepts and a basic working knowledge of extant IFRSs/IPSASs.
At the end of the programme, participants will be able to: –
- Gain critical insights about the latest IFRS/IPSAS updates;
- Apply the updates in standards in their work environment;
- Review updates to IFRSs/IPSASs and relevant exposure drafts.