IPSAS, PFM AND TAX COMPLIANCE SEMINAR
Preamble:
The International Public Sector Accounting Standards (IPSAS), Public Financial Management (PFM), and tax compliance are crucial elements in ensuring transparency, accountability, and effective governance in the public sector. This seminar aims to provide participants with a comprehensive understanding of these interconnected frameworks, equipping them with the knowledge and skills to implement best practices in financial reporting, public sector management, and tax compliance. By enhancing their understanding of IPSAS and PFM, participants will be better positioned to ensure financial integrity and compliance within their organizations.
Seminar Objectives:
- Understand IPSAS Fundamentals: Explore the key principles and objectives of IPSAS, including its impact on public sector accounting and financial reporting.
- Examine Public Financial Management (PFM): Gain insights into the essential components of PFM, including budgeting, financial reporting, and audit processes that promote fiscal responsibility.
- Enhance Tax Compliance Knowledge: Learn about tax compliance requirements for public sector entities, including reporting obligations and the implications of non-compliance.
- Integrate IPSAS with PFM Practices: Understand how IPSAS standards can be effectively integrated into existing PFM frameworks to improve financial reporting and accountability.
- Address Challenges in Implementation: Discuss common challenges faced by public sector organizations in adopting IPSAS and PFM practices, along with strategies to overcome these obstacles.
- Promote Accountability and Transparency: Explore the role of IPSAS and PFM in fostering accountability and transparency in public sector financial management, enhancing public trust.
Target Audience: This seminar is designed for finance officers, accountants, auditors, tax professionals, and public sector managers involved in financial management and reporting. It is also suitable for policymakers, governance professionals, and anyone interested in improving their understanding of IPSAS, PFM, and tax compliance within the public sector. Participants will leave with practical insights and tools that can be applied to enhance financial reporting and compliance efforts in their organizations.