Description

 ABOUT THE COURSE:

This course provides a comprehensive guide to the implementation guidance and strategies in International Public Sector Accounting Standards (IPSAS) for World Bank Projects. This valuable program includes discussion of real-world experiences in IPSAS and answers to implementation questions for World Bank Projects. This program answers questions such as:

• What are the available policy options and their short-term and long-term consequences for World Bank Projects?
• How can the costs and benefits of various courses of action be determined in World Bank Projects?
• In what ways will systems require modification in order to focus on World Bank Projects?
• How are IPSAS financial statement requirements applied to World Bank Projects, including world bank accounting policies and disclosures?
• What are the rules relating to adoption of IPSAS as compared to IFRS in World Bank Projects?

COURSE OBJECTIVES:

On completion of the course, delegates will be able to:

• Apply the World Bank requirements of the IPSAS transitional provisions
• Understand the available policy options and their short-term and long-term consequences on World Bank Projects
• Cost Principles and Accounting for World bank Project
• Implement practical strategies for managing the transition to IPSAS and avoid common pitfalls 
• Determine the system modifications and other changes that will be required in order to implement IPSAS for World Bank funded projects
• Gain the understanding required to develop an effective implementation plan for World bank projects