GRAP/IPSAS Financial Reporting

by Enterprises University of Pretoria Claim Listing

The GRAP/IPSAS Financial Reporting short course provides you with detailed and in-depth knowledge of the implementation and financial reporting structures of the Generally Recognised Accounting Practice (GRAP) and International Public Sector Accounting Standards (IPSAS).

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Course Details

The GRAP/IPSAS Financial Reporting short course provides you with detailed and in-depth knowledge of the implementation and financial reporting structures of the Generally Recognised Accounting Practice (GRAP) and International Public Sector Accounting Standards (IPSAS) as required of all South African (and international) public sector entities.

The course focuses on the recognition, measurement (both initial and subsequent) and disclosure requirements of these standards, and provides you with practical guidance in the preparation and compilation of GRAP/IPSAS-compliant annual financial statements.

You will also gain invaluable insights to financial performance cycles and relevant audit processes for public sector departments, entities and municipalities.
 

Learning Outcomes:

After successfully completing this course, you will be able to:

  • understand the GRAP/IPSAS accounting reporting framework applicable in the period 2021/2022, and
  • detail facilitation of the GRAP/IPSAS accounting treatment of the Standards of GRAP/IPSAS, read along with the Interpretations of Standards of GRAP (iGRAPS), where relevant,and practical guidance on the practical implementation of these standards. This includes:
  • all GRAP/IPSAS measurement, recognition and disclosure requirements
  • discussion of the latest approved and effective GRAP Standards to assist public sector entities to plan and prepare for the new requirements well in advance, and
  • frequently asked questions on the standards of GRAP, where relevant.
  • Hatfield Branch

    140 Lunnon Rd, Hatfield, Pretoria

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