IPSAS Certification in Kuwait

The IPSAS Certification in Kuwait helps participants grasp IPSAS and the public sector accounting framework. This course, in line with ACCA and CIPFA standards, teaches the basics of government accounting and the special features of accrual accounting. Perfect for those seeking a solid understanding of IPSAS in Kuwait.

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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 Kuwait All About?

The IPSAS Certification in Kuwait offers a thorough understanding of public financial management standards. Participants gain insights into accrual accounting and disclosure requirements within the IPSAS framework for public sector accounting. 

Why is Getting the IPSAS Certification in Kuwait Important?

As more countries adopt IPSAS, the demand for certified professionals is rising. This IPSAS Certification boosts your understanding of global public sector accounting trends, making you a valuable asset. 

Why do Companies Hire Professionals with IPSAS Certification in Kuwait?

In Kuwait, companies value professionals with IPSAS Certification. This is because they can create top-notch financial statements and enhance overall performance. These experts have a deep understanding and hands-on experience in applying IPSAS. They play a crucial role in achieving organizational goals smoothly and efficiently. 

Industry Trends

The increasing need for transparent government finances has led to a rise in IPSAS adoption in Kuwait. Getting an IPSAS Certification in the country offers significant benefits, creating new avenues for opportunities. It demonstrates proficiency in responsible financial reporting, a vital skill in the current professional environment.

Market trends

The U.S. Bureau of Labor Statistics foresees a 7% rise in accountant jobs from 2020 to 2030, in line with the average job growth. This indicates around 135,000 yearly job openings in the field, making it an attractive choice for those pursuing IPSAS Certification in Kuwait.

Salary Trends

Obtaining an IPSAS Certification in Kuwait can significantly enhance career prospects and income. According to glassdoor.com, Financial Specialists earn an average monthly salary of KWD 1,400 in Kuwait. 

Demand & Opportunities

The demand for IPSAS experts is increasing worldwide as more organizations embrace IPSAS. An IPSAS Certification in Kuwait ensures you possess the necessary skills for related roles, making it simpler to capitalize on opportunities. This certification guarantees your readiness for positions requiring IPSAS expertise, aligning with the rising global demand for professionals well-versed in IPSAS standards.

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

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

Course Outcome

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

  • Understand how IPSAS operates on an accrual basis and its significance.
  • Core IPSAS Values
  • Familiarize yourself with the foundational principles guiding IPSAS
  • Learn guidelines for identifying and measuring assets, liabilities, revenues, and expenses according to IPSAS
  • Implement practical strategies for a smooth transition to IPSAS standards
  • Understand how to present financial statements and meet disclosure requirements under IPSAS
  • Adopt IPSAS-required disclosures and accounting policies for transparency
  • Gain hands-on experience in effectively applying IPSAS standards for financial management

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 Kuwait, at Learners Point we help professionals master the necessary skill sets to complete the IPSAS Certification.

Following are the USPs our IPSAS Certification course in Kuwait 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 has significantly elevated my expertise in public sector accounting. The course structure is well-organized, and the instructors are highly knowledgeable, providing a perfect blend of theory and real-world applications. This certification has not only expanded my skill set but has also opened up new opportunities in my career. I am grateful for the quality education provided by Learners Point Academy."

Faisal Al-Ghanim

Budget Analyst

"As a finance professional working in the public health sector, the IPSAS Certification course at Learners Point Academy has been instrumental in enhancing my understanding of accounting standards specific to our field. The practical insights gained from the course have proven invaluable in my day-to-day responsibilities. I highly recommend Learners Point Academy for its commitment to excellence in professional education."

Sara Al-Hajri

Finance Manager

"The IPSAS Certification course at Learners Point Academy has been a game-changer for me. The course content is not only comprehensive but also tailored to the specific needs of professionals in the public sector. The instructors' depth of knowledge and practical experience added immense value to the learning process. I am now better equipped to contribute effectively to the financial integrity of our organization."

Khalid Al-Farsi

Internal Auditor

"Learners Point Academy has exceeded my expectations with their IPSAS Certification course. The course structure is well-designed, covering all aspects of IPSAS in a way that is easy to understand and apply. The instructors' expertise and real-world examples have been instrumental in my learning journey. I highly recommend this course to anyone looking to excel in public sector accounting."

Fatima Abdullah

Senior Accountant

"I am truly grateful for the IPSAS Certification course at Learners Point Academy. The comprehensive curriculum and expert instructors provided invaluable insights into International Public Sector Accounting Standards. The course has enhanced my professional skills and equipped me to navigate complex financial scenarios in the public sector. Learners Point Academy has proven to be a catalyst in my career growth."

Ahmed Al-Mutairi

Financial Controller

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FAQs on IPSAS Certification in Kuwait

Professionals holding the IPSAS Certification in Kuwait have promising career opportunities. The certification enhances expertise in public sector accounting standards. This makes certified individuals valuable assets for governmental organizations, audit firms, and financial institutions. They make significant contributions to effective financial management and transparency.
The IPSAS Certification is widely acknowledged globally and aligns with international accounting standards. It enhances the credibility of specialists in public financial management, equipping them with opportunities in the global job market. This certification is particularly valuable for professionals in Kuwait.
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 Kuwait is designed for finance and accounting professionals seeking practical knowledge of IPSAS standards in governmental accounting. Ideal for finance managers, government officials, accountants transitioning to public sectors, and internal auditors involved in IPSAS adoption processes.
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 classroom-based coaching, one-to-one training, or high-quality interactive online sessions as per convenience.
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