This five-day course provides a comprehensive study of IPSAS standards requirements for preparing complete financial statements with accompanying notes and disclosures. The revised Cash-Basis IPSAS issued in January 2008 is covered in detail, including the disclosure requirements on external aid. The IPSAS accounting and disclosure requirements are explained in clear, simple language and illustrated with model financial statements and real-world examples. Application of the various standards is illustrated through the use of short case studies. In addition to a review of current accrual-based IPSAS, our expert instructor provides information on financial reporting under the cash basis of accounting and guidance on transitioning to the accrual basis.