IPSAS Certification in Saudi Arabia

IPSAS Certification in Saudi Arabia follows both cash-based and accrual standards set by the International Public Sector Accounting Standards Board (IPSASB). These standards are widely utilized in public financial management. This course is designed to enhance participants' understanding of IPSAS and the framework governing public sector accounting. The curriculum aligns with ACCA standards. This ensures a comprehensive and industry-relevant learning experience.

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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 Saudi Arabia All About?

The IPSAS Certification course in Saudi Arabia consists of fundamental principles of governmental accounting and accrual accounting. The training module reflects the latest IPSAS handbook. This ensures participants stay current with industry standards. The course features model financial statements and real-world examples. It also facilitates a clear understanding of accrual accounting and disclosure requirements within the IPSAS framework.

Why is Getting Trained For IPSAS Certification in Saudi Arabia Important?

 

Acquiring IPSAS Certification in Saudi Arabia provides the comprehensive knowledge needed for crafting financial statements and disclosures by IPSAS. This training enriches your insight into global trends in public sector accounting and reporting, positioning you as a valuable asset.

Why Do Companies Hire Professionals With IPSAS Certification in Saudi Arabia?

Organizations seek professionals holding IPSAS Certification in Saudi Arabia. This is because of their proficiency in delivering high-quality financial statements and enhancing operational performance. Their advanced skills in implementing IPSAS make them highly sought-after candidates, contributing significantly to achieving the organization's operational and administrative goals.

 

Industry Trends

There are numerous rewarding job options in the accounting sector. Saudi Arabia has become more dependent on IPSAS Certification due to the rising demands of the nation for transparency and accountability in government financial reporting. 

 

Market trends

The U.S. Bureau of Labour Statistics projects a 7% increase in employment in the accounting sector between 2020 and 2030. Because of this expansion, there will be over 135,000 job opportunities for accountants per year. The IPSAS Certification in Saudi Arabia has led to the growth of these opportunities.

Salary Trends

IPSAS Certification in Saudi Arabia enhances professionals' career mobility, offering higher earning potential. In Saudi Arabia, the average annual salary for an Accountant is approximately 233,000 SAR. 

Demand & Opportunities

Obtaining IPSAS Certification in Saudi Arabia validates essential competencies for related roles, simplifying access to these opportunities.

 

Some of the job roles after completion of the IPSAS Certification in Saudi Arabia are as follows:

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

Course Outcome

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

  • Gain a thorough understanding of the accrual-based IPSAS framework and its requirements
  • Understand the fundamental IPSAS values essential for effective implementation
  • Learn IPSAS recognition and measurement rules for assets, liabilities, revenues, and expenses
  • Gain key strategies for a seamless migration to IPSAS standards
  • Acquire knowledge of the requirements for presenting IPSAS financial statements and related disclosures

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

Following are the USPs of our training for IPSAS Certification in Saudi Arabia 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 Certification 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 training program
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"IPSAS Certification in Saudi Arabia exceeded my expectations. The thorough coverage of IPSAS principles equipped me with the knowledge needed to excel in my career."

Abdul Hakim

Internal Auditor

"The interactive e-learning modules and comprehensive assessments in the IPSAS Certification course were essential in building my confidence. Highly recommended for aspiring finance professionals."

Ravisha Jain

Finance Officer

"Completing IPSAS Certification not only enhanced my skills but also opened doors to new career opportunities. The course's relevance to real-world scenarios is commendable."

Hameed Sethi

Accounting Lead

"Enrolling in IPSAS Certification was a game-changer for my career. The practical insights gained during the program proved invaluable in my role as a Financial Specialist."

Zain Haque

Finance Specialist

"IPSAS Certification in Saudi Arabia transformed my understanding of public sector accounting. The course structure and support provided were instrumental in my success."

Raula Seth

IPSAS Specialist

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 Saudi Arabia

IPSAS Certification in Saudi Arabia, or International Public Sector Accounting Standards, represents top-tier accounting standards. Certified professionals enable transparent, credible financial reporting, empowering users to hold governments and public-sector entities accountable.
80 hours is the minimum time required to complete IPSAS Certification in Saudi Arabia.
The course fee for IPSAS Certification in Saudi Arabia is SAR 375.
Upon completion of the IPSAS Certification in Saudi Arabia, individuals will understand the following:
1) Understand the financial reporting context for public sector entities.
2) Learn the key requirements of the core accrual basis IPSAS and the more concise specifications of the Cash Basis IPSAS.
The IPSAS Certification in Saudi Arabia comprises engaging e-learning modules, self-assessment quizzes, and progress tests. The course also includes supporting workbooks for a comprehensive learning experience.
The examination for IPSAS Certification in Saudi Arabia is a computer-based exam and can be taken anywhere.
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