NewFinancial Report Requirements and Good Practice

Dates

• 26 - 30 July 2027

Workshop Overview

The achievement of a government, agency or company’s objectives needs high quality information.  Financial information is a critical element of that.  Ensuring that the right information is provided in the appropriate format to the right people, internally and externally is vital.  The users of financial information are varied and include citizens, the media, regulators, donors, parliament, external investors and wider civic society. 

International Public Sector Accounting Standards (IPSAS) and International Financial Reporting Standards (IFRS) mandate the technical basis for most financial reporting in public and private sectors and provide the context within which management accounting and reporting needs to be undertaken.   But they are only part of the story, albeit a very important part.

IPSAS and IFRS are continually being developed. The most significant current developments relate to sustainability.  The workshop will provide an update on the latest developments.  We will specifically set out and discuss the sustainability reporting requirements and outline the potential implications.

This workshop will assist you to improve your organisation’s financial information that will, in turn, result in better performance and a more positive external reputation. 

This workshop equips delegates with the knowledge to optimally ensure:

• Compliance with the standards and other reporting requirements (including donors)
• Accountability through the provision of financial information to those with a legitimate interest in it
• Performance management information designed to assist the organisation to meet its objectives.

On completion you will be able to:

• Strengthen accountability and transparency with senior stakeholders or external partners
• More effectively and efficiently comply with IPSAS or IFRS
• Design better financial information that will support your organisation become a high performer
• present financial information in a way that is accessible and actionable for leaders
• ensure that financial reports are accessible, intelligible and genuinely useful to non-finance decision-makers
• Ensure that external financial reporting us of a high quality and enhances the reputation for your organisation
• Provide higher standard and more useful regular and ad-hoc reporting

Key Topics

• Features of effective financial reporting
• Key elements of IPSAS/IFRS compliance
• External financial reporting including annual reports
• Preparing high quality financial reports
• Sustainability reporting under IPSAS/IFRS