The diminishing differences between generally accepted accounting principles (GAAP), principally established by the Financial Accounting Standards Board (FASB), and International Financial Reporting Standards (IFRS), as established by the International Accounting Standards Board (IASB), is narrowing at a faster pace. IFRS are now the world’s most widely accepted and applied accounting standards with more than 100 countries now requiring or permitting their use.
IPSAS is becoming and will become the World standard for Public Sector entities. IFRS having replaced IAS is now becoming the world standard, but in many ways was not specific enough to the needs of the Public Sector. The United Nations and World Bank coming to this realisation have favoured IPSAS which is a modified form of IFRS tailored to the Public Sector.
This EuroMaTech training course will help our clients not only in meeting the challenges of introducing IFRS and IPSAS, but also to secure the benefits of improved financial management to help secure organisational objectives and goals of each public service organisation. It will also compare IFRS against IPSAS so that the participants can see the main differences.
Please click here to review the published outline for the “Best Practice Financial Management and Reporting for the Public Sector (IFRS and IPSAS)” training course and seminar. Need further information or would you like to register on “Best Practice Financial Management and Reporting for the Public Sector (IFRS and IPSAS)” training seminar in London between 08 - 19 Oct 2018?
Please contact us @ Tel.: +971-4-4571800, or E-mail to: info@euromatech.com
About EuroMaTech
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