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IPSAS training for accountants: towards improving the quality of financial information

10/09/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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A training session for accountants on international public sector standards (IPSAS) was held from 5 to 6 September 2024 in Brazzaville. This training was organized by the National Order of Chartered Accountants of Congo (Onec-C

).

The two days of training allowed participants to gain more insight into the accounting of fixed assets and inventories, the preparation of financial statements, the transition to commitment accounting and the implementation of IPSAS standards which are applicable. Impact on the government, local authorities, public and parastatal institutions, international institutions, etc. International public sector accounting standards are those of high quality, intended to facilitate the production of credible and high-quality financial reports that are transparent and allow users to hold the government and other public sector entities to account and allow users to hold the government and other public sector entities to account. According to an official from the Congolese Public Treasury, “To change accounting, you need to change information systems, but you also need to have the financial and human resources. The expert trainer presented an outline of the State's transition plan to IPSAS, leaving it up to the State to decide what to do next

.”

It should be noted that Onec-Congo is a professional organization with legal personality, bringing together all chartered accountants authorized to practice the profession.

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