Sarawak Centre Of Performance Excellence
Accounting for Assets and Liabilities
Program Description
This programme aims to provide participants with a comprehensive overview of both asset and liability accounting under the International Public Sector Accounting Standards (IPSAS) and Malaysian Public Sector Accounting Standards (MPSAS).
What Will You Learn
- Differentiate IPSAS and MPSAS and understand their relevance to Sarawak’s public sector
- Apply best practices in asset management and reporting, to ensure compliance with IPSAS and MPAS
- Classify and measure liabilities effectively under IPSAS and MPSAS, focusing on provisions, contingent liabilities, and employee benefits
- Manage financial instruments and liabilities according to IPSAS and MPSAS, ensuring proper classification, measurement and derecognition
The Program Includes
Requirement
Target Audience:
- Accountants
- Finance Officer