News

IASCA Holds IPSAS Expert Qualifying Exam for the First Time in 2024

03-Apr-2024

AMMAN - The International Arab Society of Certified Accountants (IASCA) held the qualifying exam for the IPSAS Expert certificate for the first time in 2024.

The IPSAS Expert program aims at introducing comprehensive professional knowledge of IPSAS, focusing on the practical applications and interpretations. The certificate also includes several examples of the application of IPSAS by governments and public sector entities that issue financial statements in accordance with IPSAS. The certificate aims at becoming a comprehensive reference to how the accrual and the modified cash basis IPSAS are applied by providing examples and highlighting the accounting and financial reporting practices.  

This curriculum consists of two main subjects as follows: 

• First subject - the government financial system as well as the budgets, IAS, recognition, and measurement of the items of the financial statements according to IPSAS, issued by IFAC.
• Second subject - financial statements and financial instruments reporting, as well as budgets and special standards according to IPSAS, issued by IFAC.

The results of the exam will be posted  in April 2024, on IASCA’s website: www.ascasociety.org  

The detailed guide to the IPSAS Expert certification