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World

Governmental Accounting,
Financial Reporting &
Steps to Successful
Implementation of
IPSAS
Accrual Accounting

Conference 2017

  1. Overview
  2. Programme
  3. Gallery
  4. Delegates
  5. Exhibitors
  6. Exhibition Opportunities
PROGRAMME
DAY ONE (23 March 2017)
08:30 Registration
09:00 Introduction
09:15 The benefits of IPSAS to governmental accounting and financial reporting
10:00 Morning Refreshments
10:15 Objectives of financial reporting and their problems in governmental accounting
11:00 Why the adoption and implementation of accrual based IPSAS will be the cornerstone for future financial management reforms across Government
11:45 Steps to successful implementation of IPSAS
12:30 Lunch
14:00 Standards and issues in governmental accounting and financial reporting
14:45 Why accounting and financial reporting for governments is different than businesses
15:30 Afternoon Refreshments
15:45 The transition to accrual accounting and the implementation of a Corporate Financial management solution across Government: what to look out for
16:30 Panel Discussion
17:00 End of Day 1
DAY TWO (24 March 2017 )
09:00 Introduction
09:15 IPSAS will guarantee the fight against corruption: what all stakeholders involved directly in combating corruption must know
10:00 Morning Refreshments
10:15 The components of governmental financial statements
11:00 The different types of external financial reporting
11:45 Basic concepts of governmental fund accounting
12:30 Lunch
14:00 IPSAS implementation: reviewing various case studies
14:45 The effectiveness of setting governmental accounting standards
15:30 Afternoon Refreshments
15:45 Why are separate accounting and financial reporting standards essential for governments?
16:30 Concluding Panel Discussion
17:00 End of Conference

The adoption and implementation of IPSAS will revolutionize the current system, from cash to an accruals-based public sector accounting system based on IPSAS that will guarantee a framework and standards toward a true and fair view of financial statements that will influence to strengthen public finance management


Public sector, including government units, departments, inter-governmental agencies and other public service agencies have always relied on the use of the cash basis accounting as opposed to the accrual basis accounting. Even entities that chose to move to the accrual basis have done so at a cautious pace. The cash based system for a long time has been considered more appropriate in the public sector, this is due to the emphasis on compliance with rules and regulations. However, the current thinking is focus towards efficiency in public resource management rather than the ability to generate money, which requires a framework and standards toward a true and fair view of financial statements, thereby, the need to shift to accrual based accounting on IPSAS. Public agencies and especially governments across Asia Pacific, Africa, Middle East, Europe and the region will find implementing accrual accounting based on IPSAS challenging.
As such, World Governmental Accounting, Financial Reporting & Steps to Successful Implementation of IPSAS Accrual Accounting Conference 2017 will significantly highlight the effect of IPSAS on reforming governmental financial reporting as well as steps to ensure effective implementation. All forward-thinking government officials and professionals involved directly in overseeing or managing government operations need to understand the basics of public-sector accounting and financial reporting, objectives of financial reporting and their problems in governmental accounting, including IPSAS accrual accounting in order to improve informed assessments of the resource allocation decisions made by Government and thus increase transparency and accountability.