This course provides an intensive examination of public sector accounting frauds, including asset misappropriation schemes and financial statement frauds that are directed at regional, provincial, cantonal and local governments as well as government agencies, ministries, boards and commissions. These frauds undermine public support for government and agency missions and reduce available resources to serve constituents, meaning the price of public sector accounting fraud goes far beyond funding losses – which are estimated in the billions. This course is particularly focused on assessing fraud risks in the public sector; understanding common forms of accounting fraud in the public sector; evaluating the OECD’s recommendations on reducing corruption; developing appropriate controls and fraud detection responses; methods for detecting and investigating public sector accounting frauds; and how to establish and maintain an effective anti-fraud environment. The course uses case examples, fraud studies by the Association of Certified Fraud Examiners and other sources, and a significant number of real-world examples to give participants’ hands-on experience in identifying and analysing public sector accounting fraud. Among other areas, the course examines fraud indicators, exposure, and management or administrative responses to fraud reports or incidents. Read more or download course brochure


IPSAS aims to improve the quality of general purpose financial reporting by public sector entities, leading to better informed assessments of the resource allocation decisions made by governments, thereby increasing transparency and accountability. The International Public Sector Accounting Standards Board (IPSASB) issues accounting standards and recommended practice guides relating to the financial reporting needs of national, regional and local governments, governmental agencies, and the constituencies they serve. The International Public Sector Accounting Standards (IPSAS) that have been issued by the IPSASB represent the first and only comprehensive set of authoritative international financial reporting standards for governments and other public sector entities. 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 specialist instructors provide guidance on transitioning to the accrual basis. Course delegates also receive up-to-date information on IPSASB’s current exposure drafts and projects. Read more or download course brochure


There is an increasing interest amongst public sector bodies worldwide to produce their financial statements according to International Public Sector Accounting Standards (IPSAS) issued by the IPSAS Board (IPSASB). While some governments are developing their own standards based around IFRS, others are adopting IPSAS as the basis of accounting by their public sector organizations. This two-day course provides a detailed review of all major technical IPSAS requirements of relevance to public sector entities, and includes comparison to IFRS, case studies, examples, and interactive participation from the participants. The program answers questions such as: Read more or download course brochure


A recent report from the UK’s Chartered Institute of Internal Auditors (CIIA) on the UK public sector found that over a third of organisations did not have effective mechanisms to manage risk. As public sector organisations come under increasing pressures globally to reduce costs and improve accountability and performance, effective risk management and coordination with a strong internal audit function are critical to their success and survival. This course offers an overview of the elements of a successful integrated risk management approach by reviewing best practices in public sector risk management and Internal Audit, from the adoption of enterprise risk management to the implementation of standards issued by the Institute of Internal Auditors (IIA) in the day-to-day operation of the internal audit. Topics covered include why use enterprise risk management, approaches to enterprise risk management used by the public sector, the IIA standards to be implemented as best practice; managing the internal audit function, risk assessment and evaluation of internal controls design and testing their operating effectiveness. We will also cover in overview the documentation process for conducting Internal Audit assignments, elements to be included in the working papers and how findings are reflected in the audit report. Read more or download course brochure