This course addresses the following competences:
- Demonstrate an understanding of the differences between the compilation and uses of financial information in the commercial (for profit and not-for-profit) sector and the government sector;
- Articulate and evaluate the fundamental differences between public and commercial sector entities and the ways in which these impact on their respective accounting requirements;
- Demonstrate an understanding of, and appraise, the regulatory environment in accounting confronting public sector entities and how it relates to wider aspects of public accountability, policy making and service delivery;
Teaching Method: Online self-study
Module: PS Specialisation: Financial reporting in the public sector
Skill Level: Beginner
This course addresses the following competence:
- Demonstrate a working knowledge of the key differences between IPSAS and IFRS standards that are relevant to the public sector and explain how these impact on the accounting process.
Teaching Method: Online self-study
Module: PS Specialisation: Financial reporting in the public sector
Skill Level: Beginner
This course addresses the following competence(s):
- Apply the public sector specific aspects of IPSAS to the process to prepare from source data and present of the final accounts of public sector entities (including government departments, decentralised agencies and local authorities).
- Demonstrate a comprehensive understanding of the issues surrounding the use of cash and accruals bases in public sector entities and the issues involved in converting from cash to accruals accounting;
Teaching Method: Online self-study
Module: PS Specialisation: Financial reporting in the public sector
Skill Level: Beginner
This course addresses the following competence:
- Apply the key public sector considerations to the preparation of consolidated financial reports and statements for public sector entities exercising joint responsibilities for services or groups or services.
Teaching Method: Online self-study
Module: PS Specialisation: Financial reporting in the public sector
Skill Level: Beginner