This course brings attendees up to date with the latest pronouncements from the International Public Sector Accounting Standards Board (IPSASB), which focuses on the accounting and financial reporting needs of national, regional and local governments, related governmental agencies and the constituencies they serve. 

The content has been developed for preparers and users of IPSAS financial statements with two main aims: 

• Explain the requirements of published new IPSASs and amendments to existing standards 

• Review current outstanding exposure drafts and projects on the IPSASB’s work plan 
  

This program answers questions such as: 

• What are the significant published changes in IPSASs? When and how will they be implemented? 

• What are the likely future changes in IPSASs? 

New standards for 2025 

• IPSAS 43 Leases (including Concessionary Leases and Other Arrangements Conveying Rights over Assets – Amendments to IPSAS 43, IPSAS 47 and IPSAS 48 effective 1 January 2027) 

• IPSAS 44 non-current assets held for sale and discontinued operations 

• IPSAS 45 property, plant and equipment 

• IPSAS 46 measurement 

New standards for 2026 

• IPSAS 47 revenue 

• IPSAS 48 transfer expenses 

• Introduction to IPSAS 49 retirement benefit plans 

New standards for 2027 

• Introduction to IPSAS 50 exploration for and evaluation of mineral resources 

Amendments to existing IPSASs 

• Improvements to IPSAS, 2023 

• Stripping costs in the production phase of a surface mine (amendments to IPSAS 12) 

Exposure drafts 

• ED 89 – amendments to consider IFRIC interpretations 

• ED 90 – amendments to IPSAS as a result of the application of IPSAS 46, measurement 

• ED 91 – limited-scope updates to first-time adoption of accrual basis IPSAS 

• ED 92 – tangible natural resources 

IPSAS SRS ED 1 - climate-related disclosures 

IPSASB strategy and work program 2024-2028 

This course is delivered in a highly interactive, expert-led format designed to ensure participants gain both technical knowledge and practical skills: 

• Group internet-based instruction by IPSAS specialists, offering deep insights into the nuances of IPSAS 43 and its implications on lease accounting 

• Real-world case studies and worked examples to demonstrate the application of the new lease accounting standards in various scenarios 

• Step-by-step walkthroughs of key topics such as lease recognition, measurement and presentation in financial statements 

• Interactive group discussions and Q&A sessions that foster knowledge sharing and problem-solving on common implementation challenges 

• Hands-on workshop exercises to apply IPSAS 43 concepts directly to participants' organisational contexts 

• In line with VantagePoint’s sustainability commitment, course materials are provided in digital format. Printed handouts will be limited to in-class exercises only. 

This course provides 16 hours of CPE/CPD credits.

VantagePoint is currently in the process of registering with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Our face-to-face courses are typically held in meeting rooms at centrally located four-star hotels. If you have any queries about the venue for your selected training, please don't hesitate to ask. We will provide updates and ensure that you have all the details you need. 

Virtual courses are delivered via Zoom.