IPSAS Certification in Kenya

The International Public Sector Accounting Standards (IPSAS) Certification is a cash-based and accrual standard for public finance management. The IPSAS Certification in Kenya is offered by the IPSASB. This training course covers the basics of accrual and public accounting framework. This course is aligned with the ACCA standards.

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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 Course For IPSAS Certification in Kenya All About?

The training for IPSAS Certification in Kenya helps one to grasp the fundamentals of accrual accounting and public accounting. It follows the latest IPSAS handbook. Model financial statements help candidates understand IPSAS' accrual accounting requirements.

Why is getting trained for IPSAS Certification in Kenya important?

Getting trained for IPSAS Certification in Kenya covers the most important IPSAS disclosure requirements. Through this training, one gains a greater understanding of global trends for public sector accounting and reporting.

Why Do Companies Hire Professionals With IPSAS Certification in Kenya?

Organisations always prefer professionals having the IPSAS Certification in Kenya. Their expertise is invaluable as they can easily create financial statements and drive performance. Their advanced expertise and skill set are always in demand. 

Industry Trends

IPSAS Certification in Kenya can speed up one’s career mobility and increase their earning potential. Organisations need transparency and accountability across the industry. Hence, they prefer IPSAS-certified professionals to fill the demanding job roles.

 

Market trends

By 2030, the employment opportunities for finance management professionals will grow by 7%, as indicated by the U.S. Bureau of Labor Statistics. Moreover, each year there will be around 135,000 accounting job opportunities.

Salary Trends

In Kenya, professionals holding an IPSAS Certification have access to well-paying job prospects. A Financial Specialist in Kenya makes, on average, 2,146,100 KES a year. Having the certification and higher experience level may result in higher compensation. 

Demand & Opportunities

With IPSAS Certification in Kenya, one can validate their competency in related roles, making it easier to obtain these opportunities.

Some of the most popular IPSAS jobs available in the Kenya region are listed below:

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

Course Outcome

Successful completion of the course for IPSAS Certification in Kenya will enable candidates to do the following:

  • Understand the accrual-based IPSAS framework and its requirements
  • Comprehend the core IPSAS values
  • Implement the IPSAS recognition and measurement rules for assets, liabilities, revenues, and expenses
  • Deploy key strategies for migration to IPSAS standards
  • Learn the requirements for the presentation of IPSAS financial statements and related disclosures
  • Adopt IPSAS disclosure requirements, including accounting policies

Course Module

  • An overview of the work of the Board (IPSASB), including its organisation, 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 Kenya, at Learners Point we help professionals master the necessary skill sets to complete the IPSAS Certification in Kenya.

Following are the USPs of our training for IPSAS Certification in Kenya offers you:

  • We look at real-world scenarios organisations face and formulate our IPSAS training 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 organising 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

"I am truly satisfied with the course. Trainers are friendly and helpful. I recommend this program to everyone."

Feruzi Ibrahim

Finance Analyst

"This is an excellent course. They covered every important area of IPSAS. My skills are developed now and I am more confident in my profession. Thank you, Learners Point.”

Lily Kemboi

Finance Manager

"Investing in the IPSAS Certification in Kenya at Learners Point was the best career decision. I received my certification. Thanks to their amazing preparatory course work. Worth the money."

Feye Ouma

Finance Consultant

"The case studies of the IPSAS course by Learners Point Academy have benefited me. The trainers are also very good and I expanded my knowledge. I am glad to be IPSAS Certified."

Anyango Akinyi

Internal Auditor

"The IPSAS Certification course was amazing. I am more confident in finance management. The course is updated and covers all the important topics through case studies and practicals."

Mumbi Owiti

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 Kenya

The minimum pass score for obtaining the IPSAS Certification in Kenya is 60%.
After registration, if a candidate chooses not to go ahead with the training for IPSAS Certification in Kenya, he or she is entitled to a full refund. However, if the refund request is submitted in writing within two days of registering, it will be approved and processed. From the date of withdrawal, the reimbursement will be handed over in four weeks.
Before enrolling in the IPSAS Certification training program in Kenya, professionals should have a solid understanding of fundamental accounting concepts.
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