IPSAS Certification in Bahrain

The IPSAS Certification course in Bahrain offers a thorough understanding of public financial management standards. Participants gain insight into accrual accounting and the IPSAS framework, ensuring comprehensive knowledge for effective public sector accounting.

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  • 30 Hours Training
  • Online / Classroom / Onsite
  • 27 Jul, 2024 / 27 Jul, 2024
  • Additional Program Dates
  • 100K+ Happy Students

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What is This IPSAS Certification in Bahrain All About?

The IPSAS Certification course in Bahrain aligned with ACCA standards provides a clear understanding of public sector accounting, covering general principles and unique aspects of accrual accounting. 

Why is Getting the IPSAS Certification in Bahrain Important?

The IPSAS Certification course in Bahrain boosts finance professionals' expertise in global public sector accounting trends. Gain valuable skills in governmental accounting, making you a sought-after asset. Elevate your career with enhanced knowledge in IPSAS, meeting the rising demand worldwide.

Why Do Companies Hire Professionals with IPSAS Certification in Bahrain?

The IPSAS Certification course in Bahrain equips professionals with in-depth knowledge and expertise in implementing IPSAS. Gain skills to produce top-notch financial statements, enhancing organisational performance. Achieve operational goals effectively with this course, ensuring efficiency in administrative functions.

Industry Trends

In Bahrain, the IPSAS Certification course is gaining popularity due to the increased demand for transparent government finances. Achieving certification opens doors to new opportunities, signifying expertise in accountable financial reporting—an essential skill in today's professional landscape.

Market trends

The IPSAS Certification Course in Bahrain offers a promising career path, aligning with the 7% growth projection for accountants from 2020 to 2030. With over 135,000 annual job opportunities, this course is an attractive option for aspiring professionals.

Salary Trends

Glassdoor.com reports an average monthly salary of BHD 1,400 for Financial Specialists. Your earnings can grow with experience and the IPSAS Certification, making this IPSAS Certification course in Bahrain a valuable investment in your professional journey.

Demand & Opportunities

As global organisations increasingly embrace IPSAS standards, the demand for certified experts is rising. Securing an IPSAS Certification in Bahrain not only equips you with essential skills but also enhances your eligibility for related roles. This certification reflects the growing need for IPSAS expertise, providing a valuable advantage in seizing opportunities within the field.

A few of the most-sought IPSAS jobs available in the Bahrain region (as observed in popular Bahrain job portals) follow:

  1. IPSAS Specialists
  2. Finance Specialists 
  3. Accounting Leads
  4. Finance Officers 
  5. Internal Auditors 

Course Outcome

Successful completion of this IPSAS Certification course in Bahrain will enable candidates to:

  • Master accrual-based IPSAS framework and its essentials
  • Comprehend core IPSAS values and apply rules for asset, liability, revenue, and expense recognition
  • Acquire skills in migrating to IPSAS standards and meet presentation requirements for financial statements
  • Embrace IPSAS disclosure requirements, including accounting policies, for effective financial management
  • Gain practical knowledge in implementing IPSAS standards

Course Module

  • An overview of the work of the Board (IPSASB), including its organization, the characteristics of public sector entities, the relationship between IPSAS and the corresponding International Accounting Standards (IAS)/International Financial Reporting Standards (IFRS), the purpose of financial statements and any ongoing projects.

Provides an understanding of:

  • Non-exchange revenue (IPSAS 23)
  • Exchange revenue (IPSAS 9)
  • Construction contracts (IPSAS 11)

Delivers training around:

  • Consolidated and separate financial statements (IPSAS 6)
  • Interests in joint ventures (IPSAS 8)
  • Investments in associates (IPSAS 7)
  • Translation of financial statements of foreign operations (IPSAS 4)
  • Financial reporting in hyperinflationary economies (IPSAS 10)
  • Disclosure standards and other topics, presentation of budget information (IPSAS 24)
  • Segment reporting (IPSAS 18)
  • Related party disclosures (IPSAS 20)
  • Disclosure of financial information about the general government sector (IPSAS 22)
  • Service concessions (IPSAS 32)

Delivers training covers the following areas:

  • Migrating from cash to accrual basis
  • First-time adoption of IPSAS (IPSAS 33)
  • Change management and the adoption of IPSAS

Develops an overview of:

  • Financial statements (IPSAS 1)
  • Cash flow statements (IPSAS 2)
  • Accounting policies, changes in accounting estimates, and errors (IPSAS3)

Delivers teaching around a wide range of topics including:

  • Property plant and equipment (IPSAS 17)
  • Intangible assets (IPSAS 31)
  • Investment property (IPSAS 16)
  • Impairment of cash-generating assets (IPSAS 26)
  • Impairment of non-cash generating assets (IPSAS 21)
  • Borrowing costs (IPSAS 5)
  • Inventories (IPSAS 12)
  • Leases (IPSAS 13)
  • Financial instruments (IPSAS 28, 29, 30)
  • Provisions
  • Contingent liabilities and contingent assets (IPSAS 19)
  • Events after the reporting date (IPSAS 14)
  • Employee benefits (IPSAS 25)
  • Agriculture (IPSAS 27)

Teaches students about Part 1 of the cash basis IPSAS, covering required information in:

  • The statement of cash receipts and payments
  • Disclosures
  • Consolidation under the cash basis
  • Presentation of budget information in the financial statements
  • The additional (non-mandatory) disclosures encouraged in Part 2 of the
  • cash basis IPSAS

  • Teaches students about the public sector financial crisis and IPSAS, IPSASB’s strategic direction, and forthcoming proposals from the IPSASB.

Program Dates

27 Jul
  • 11:00 AM
  • Sat
  • Online Live
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Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

 

Professional Qualifications

 

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Why Count on Learners Point?

Being the leading provider of the IPSAS course in Bahrain, at Learners Point we help professionals master the necessary skill sets to complete the IPSAS Certification.

Following are the USPs our IPSAS Certification course offers you:

  • We look at real-world scenarios organizations face and formulate our IPSAS Certification course evaluating practical requirements
  • Apart from theoretical knowledge, we also focus on practical case studies to give you a reality check and insight into what exactly will be asked of you while delivering in a demanding role
  • Our bespoke IPSAS course also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organizing group sessions, we also offer a guided learning experience to enhance the quality of our IPSAS training program
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"The IPSAS Certification course at Learners Point Academy was transformative for my career. The hands-on approach and solid foundation in IPSAS have been instrumental in enhancing financial reporting practices at the Bahrain Economic Development Board. Highly recommended!"

Noor Abdullah

Financial Controller

"Grateful to Learners Point Academy for the outstanding IPSAS Certification course. The instructors' expertise and interactive sessions boosted my confidence. As a Budget Analyst, I now implement IPSAS principles with ease."

Ahmed Hassan

Budget Analyst

"Learners Point Academy's IPSAS Certification course is a must for finance professionals. The relevant content, knowledgeable instructors, and practical examples enriched my learning. Kudos for an exceptional program!"

Sara Khalid

Audit Supervisor

"The IPSAS Certification journey at Learners Point Academy was a game-changer. The course structure, experienced faculty, and interactive sessions transformed my understanding. I now confidently apply IPSAS principles in my role at XYZ Ministries."

Khalid Al-Mansoori

Senior Accountant

"The IPSAS Certification course at Learners Point Academy provided a solid foundation in IPSAS. The practical insights gained have significantly enhanced my skills as a Finance Manager at ABC Corporation. Highly recommend!"

Fatima Ahmed

Finance Manager

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

FAQs on IPSAS Certification in Bahrain

The IPSAS Certification in Bahrain enhances career prospects for professionals by imparting expertise in international public sector accounting standards. This qualification is highly valued in governmental and public sector roles, providing a solid foundation for financial management and reporting.
The IPSAS Certification in Bahrain is globally recognized, aligning with international accounting standards. It enhances the standing of public financial management experts, equipping them for global roles.
At Learners Point, if a participant doesn’t wish to proceed with the IPSAS Certification training after the registration due to any reason, he or she is entitled to a 100% refund. However, the refund will be issued only if we are notified in writing within 2 days from the date of registration. The refund will be processed within 4 weeks from the day of exit.
This IPSAS Certification course in Bahrain is designed for finance and accounting professionals aiming to gain practical knowledge of IPSAS standards in governmental accounting. It's suitable for finance managers, government officials, accountants transitioning to the public sector, and internal auditors involved in IPSAS adoption.
The IPSAS Certification training at Learners Point is an interactive, immersive, and intensive hands-on program. We offer 3 modes of delivery and participants can choose from instructor-led classroom coaching, one-to-one training sessions, or live and interactive online sessions as per convenience.
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