IPSAS Certification in Oman

The International Public Sector Accounting Standards Board (IPSASB) offers the prestigious IPSAS Certification in Oman. This credential is used for public financial management. Participants in the IPSAS course gain a better understanding of both the public sector accounting framework and IPSAS. The training follows the global 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 Oman All About?

This course for IPSAS Certification in Oman focuses on the fundamentals of public accounting and accrual accounting. The course is fully updated and follows the latest IPSAS handbook. Participants gain a clear understanding of IPSAS accrual accounting and disclosure requirements through model financial statements.

Why is Getting Trained For IPSAS Certification in Oman Important?

Getting trained for IPSAS Certification in Oman 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 Oman?

Companies hire professionals with IPSAS Certification in Oman because they produce accurate financial statements to drive performance. Their advanced expertise in implementing IPSAS makes them a valuable asset. 

Industry Trends

Demand for IPSAS Certification in Oman has increased due to the need for accountability and transparency. Hence, the industry is filled with several lucrative career opportunities available in public financial accounting and reporting. 

Market trends

The U.S. Bureau of Labor Statistics estimates that accountant employment will grow 7% from 2020 to 2030. The industry is expected to witness around 135,000 accounting job opportunities each year.

Salary Trends

Professionals with IPSAS Certification in Oman are exposed to lucrative career opportunities. The starting monthly salary of a Financial Specialist in Oman is about 1088 OMR. With higher experience and certification, the salary can go higher.  

Demand & Opportunities

The IPSAS Certification in Oman validates one’s necessary competency in related roles, thus making these opportunities easier to avail.

Some of the most popular IPSAS jobs available in the Oman 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 Oman 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 Oman, at Learners Point we help professionals master the necessary skill sets to complete the IPSAS Certification in Oman.

Following are the USPs of our training for IPSAS Certification in Oman 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

"This course is fantastic. They addressed every crucial aspect of IPSAS. I now have well-developed capacities. Learners Point, thank you."

Younis Al Rawahi

Finance Manager

"The course modules of the IPSAS Course are extensive. The trainers are very friendly and teach the concepts relating to real-world examples. Thanks to them, I am now IPSAS certified."

Javed Araba

Finance Analyst

"I am glad that I chose Learners Point for the IPSAS preparations. They trained me well with the concepts of public accounting and cleared my doubts with ease. Highly recommended."

Khaled Ali

Finance Consultant

"The IPSAS course by Learners Point Academy is very good. They taught all the necessary information to pass the IPSAS exam and get certified."

Adara Hashemi

Internal Auditor

"The IPSAS Certification course by Learners Point was outstanding. The teacher was knowledgeable and friendly."

Zurafa Alawi

Public Accountant

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 Oman

This training for IPSAS Certification in Oman is ideal for those who want practical and introductory knowledge of IPSAS standards and how they are interpreted and applied. It is perfect for the following professionals:
1) Finance and accounting managers
2) Government officials and project managers
3) Accountants and finance staff moving from private to public sector environments
4) Internal auditors, accounting practitioners, consultants, and external auditors
To enrol in the training program for IPSAS Certification in Oman, we recommend professionals know basic accounting principles based on any national standards in the public or private sector.
The minimum pass score for obtaining the IPSAS Certification in Oman is 60%.
If a participant does not choose to continue with the training for IPSAS Certification in Oman after registration, he or she is entitled to a full refund. However, the refund request will be accepted and processed if the request is received in writing within two days of registration. The reimbursement will be processed within four weeks from the date of withdrawal.
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