Training and Study Tour on IPSAS in Tanzania

Programme Overview

The Recent Global Financial Crisis along with severe fiscal constraints experienced by many countries has underscored the need for governments to transparently report all their assets and liabilities. Public Sector entities worldwide are encountering growing pressure for providing transparent and high-quality financial statements, fostering better decision-making processes and greater government financial accountability. Meanwhile, with an ever-increasing pace of globalization, the world faces a dire need for uniformity in financial statement production giving the rise to the development of International Public Sector Accounting Standards (IPSAS). IPSAS are the norms that govern the recognition, measurement, presentation, and disclosure requirements in relation to transactions and events in general purpose financial statements. This training course in Tanzania provides a detailed understanding of IPSAS's full suite and its individual standards. Technically complex topics including financial instruments are covered meticulously with particular attention to real-life application. The programme aims to help participants comprehend the benefits and implications of adopting IPSAS, train them on key accounting topics, and facilitate organizational change by addressing possible challenges.

Delivered by Risalat Consultants International in Dar Es Salaam, Tanzania, it combines expert-led sessions, real cases and group work, so that participants can apply what they learn in their own institution.

The Programme Strengthens Institutional Capability

• Financial statements (IPSAS 1)
• Cash flow statements (IPSAS 2)
• Accounting policies, changes in accounting estimates, and errors (IPSAS 3)
• Segment reporting (IPSAS 18)
• Disclosure standards and other topics, presentation of budget information (IPSAS 24)
• Non-exchange revenue (IPSAS 23)
• Exchange revenue (IPSAS 9)
• Construction contracts (IPSAS 11)
• Budget preparation and execution
• Financial reporting and accounting standards
• Cash and treasury management
• Internal control over payments and assets

It is designed for finance and Accounting Managers of Public Sector Entities and other non-governmental organizations, IFRS and IPSAS implementation and maintenance teams, external auditors and Financial Reporting Consultants and others who want practical, current skills in public financial management and finance.

The Growing Importance of Training

Sound financial management is the basis for credible budgets, timely payments and clean audits. Governments and financiers expect accurate reporting, disciplined budget execution and transparent use of funds.

Changes in reporting standards, digital payment systems and financier requirements mean finance teams must keep their skills current. Strong financial management also frees time and money for the services that matter.

Organisations increasingly require professionals capable of:

• Prepare and execute budgets in line with plans
• Produce accurate, timely financial reports
• Apply controls over payments and assets
• Meet financier financial management requirements
• Use financial information to support decisions

Strong public financial management and finance systems help organisations:

• Improve budget credibility and execution
• Produce reliable reports and clean audits
• Reduce payment delays and errors
• Build trust with financiers and oversight bodies

This Training and programme brings these elements together in a practical format, so that participants understand not only what good practice looks like but also how to introduce it in their own setting, with the people and resources they have.

Who Should Attend This Training and Training?

This programme is designed for:

• Finance and Accounting Managers of Public Sector Entities and other non-governmental organizations
• IFRS and IPSAS implementation and maintenance teams
• External auditors and Financial Reporting Consultants
• Senior budget holders and Policymakers
• Accountants and finance staff at all levels involved in the preparation of financial statements
• Members of governments and public sector entities, that are currently implementing or considering implementing IPSAS as a basis for accounting
• Professionals wishing to gain an overview of IPSAS and understand what implications adopting these standards may have on their organization
• Anyone who requires an understanding of international financial reporting standards within the public sector
• Finance managers and accountants
• Budget officers and analysts
• Treasury and cash management staff
• Financial management specialists in PIUs

The programme suits experienced professionals as well as those moving into new responsibilities. Groups that mix institutions and countries are encouraged, because participants learn a great deal from each other’s experience.

Training and Training Objectives

Upon successful completion of this Training and Training, participants will be able to:

• Appreciate IPSAS requirements, Accounting Policies, and Disclosures
• Demonstrate a comprehensive understanding of IPSAS principles and concepts
• Embed IPSAS Standards within the organization and evaluate the impact of IPSAS adoption
• Produce and Interpret Financial Statements and information (both IPSAS cash and accrual basis)
• Comprehend Links and implications to and for broader strategies: Financial Management, Taxation, Asset Management, Governance, and accountability
• Familiarize themselves with the Best Practices of IPSAS Application
• Explain the budget cycle and the role of each actor
• Prepare and monitor budgets linked to plans
• Apply the main principles of the relevant reporting standards
• Manage cash and payments with sound controls

Each objective is practised during the programme through exercises, cases or group work, so that participants leave able to do it, not only to describe it.

Programme Contents and Structure

Training and Training Methodology

Training and Study Tour on IPSAS in Dar Es Salaam, Tanzania is a highly interactive training workshop employing various contemporary adult learning tools and techniques. The presenter will lead the sessions through an open presentation, supporting it with numerous case studies, individual exercises, and group assignments. To help participants gain practical insights regarding the IPSAS transition and the benefits of its adoption, Risalat will arrange a study tour for the delegates. During the exposure, they will become actively involved in panel discussions with the host organizations’ representatives. Each training session will be finalized with the acquisition of the participant feedback with the aim to improve the performance of the coming sessions. As a result, Risalat strives to enhance the satisfaction of the delegates by offering them an individualized approach to the specific topics of their interest.

The programme combines:

• Expert-led sessions on current practice
• Regional and international case studies
• Group work and practical exercises
• Simulations and role plays where relevant
• Discussion of participants' own challenges
• Peer learning across institutions and countries
• Technical visits to institutions and sites
• Daily reflection and action planning

Before the programme, a short pre-assessment helps the facilitators understand each participant’s role and priorities, so that examples and exercises can be adjusted to the group. Each day ends with a short reflection in which participants note what they will apply at work.

Technical Visits and Site Programme

The programme includes visits to institutions, projects or sites in and around Dar Es Salaam where participants see current practice at first hand and meet the professionals responsible. Visits are confirmed with the host organisations before the programme and may change for operational reasons.

• Briefings by host institutions on their approach and results
• Guided site visits with time for questions
• Structured observation notes for each visit
• Group debrief linking what was seen to participants' own institutions

Expected Outcomes

Upon completion of this Training and Training, participants will be able to:

• Prepare and monitor budgets linked to plans
• Produce accurate financial reports
• Apply sound payment and cash controls
• Meet financier financial management requirements
• Prepare for audits and close findings
• Use financial analysis in decisions

Participants leave with a personal action plan and practical tools they can use in their institution from the first week back. Institutions that send several participants can use the programme to agree shared methods and templates across teams, which makes improvements easier to sustain.

Institutional Application of Training and Training

This programme supports organisations in strengthening:

• Budget preparation and execution
• Financial reporting
• Payment and cash controls
• Donor financial management
• Audit readiness

Participants return with practical tools to improve:

• Budget monitoring
• Interim financial reports
• Reconciliations
• Asset management
• Audit follow-up

The programme is built so that learning moves from the classroom into the institution. Participants work on their own processes and documents where possible, and leave with an action plan that their managers can review and support.

Regional Relevance & Application

Europe

European institutions apply public financial management and finance within detailed regulatory frameworks and reform agendas. Participants from Europe can compare their practice with colleagues from other regions and test how established methods work under different conditions.

Africa

Across Africa, ministries, agencies and project teams working in public financial management and finance increasingly operate alongside donor-financed programmes that expect clear systems and evidence. The programme helps participants adapt good practice to the institutions and resources they work with.

Middle East

In the Middle East, national development strategies and diversification plans place growing demands on public financial management and finance. Participants explore how to build the capability these plans need inside public bodies and companies.

Asia

Institutions across Asia combine rapid growth with ambitious modernisation programmes. Participants from Asia can share their experience of scaling systems quickly and learn from approaches used elsewhere.

Pacific

Small island and Pacific states face particular constraints of size, distance and capacity. The programme highlights practical, proportionate approaches to public financial management and finance that suit smaller institutions.

Holding the programme in Dar Es Salaam, Tanzania brings participants together away from their daily pressures, so they can compare how public financial management and finance is handled in different settings. The same programme can also be delivered in-house for one institution, in its own country or online, with cases taken from its current work.

Host Country Profile – Tanzania

Programmes, Workshops, Exposures, Training Courses in Dar Es Salaam, Tanzania by Risalat Consultants International

Studying away from their own country gives participants time to focus, a fresh view of their own institution and the chance to build a network with colleagues from other countries.

The programme takes place at Hotel Golden Tulip.

Training and Training Deliverables

Participants receive support before, during and after the programme, so that preparation, learning and follow-up form one continuous experience.

Before the Programme

• Participant Pre-Assessment
• Training and Readiness Assessment
• Training and Resource Pack
• Preparatory Reading Materials
• Complimentary Visa Support & Advisory

During the Programme

• Airport Pickup & Welcome Assistance
• Accommodation with Breakfast
• Welcome Networking Dinner
• Risalat Training Kit (Bag, Bottle, Mug, T-Shirt, Cap, Passport Cover, Pens, Notebook, Magnet & Keychain)
• Comprehensive Training and Training Manual
• Budget Monitoring Template
• Interim Financial Report Template
• Reconciliation Checklist
• Audit Preparation Checklist
• Practical Workshops & Simulations
• Group Discussions & Peer Learning
• Daily Lunch and Refreshments
• Full Access to Training Venue Facilities
• Mini Pad / Tablet with Digital Learning Materials
• Field Visit (where applicable)
• Entertaining City Tour

After the Programme

• Certificate of Completion
• Risalat Programme Participation Recognition Award
• Post-Training Reference Materials
• Financial Management Self-Assessment
• Payment Control Checklist
• Post-Training Support & Follow-Up Guidance
• Programme Report

Institutions can also request a tailored in-house version of this programme, delivered at their premises or online. Request a proposal.

Common Challenges in Training and, And How This Training Helps

How can institutions prepare and execute budgets in line with plans?

The programme addresses this directly on the first day (Financial management foundations), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

How can institutions produce accurate, timely financial reports?

The programme addresses this directly on the second day (Budgeting and execution), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

How can institutions apply controls over payments and assets?

The programme addresses this directly on the third day (Accounting and reporting), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

How can institutions meet financier financial management requirements?

The programme addresses this directly on the fourth day (Controls, cash and assets), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

How can institutions use financial information to support decisions?

The programme addresses this directly on the fifth day (Audit, analysis and action planning), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.

Frequently Asked Questions

When and where does the Training and programme take place?

It runs from 1 Feb 2027 to 6 Feb 2027, in Dar Es Salaam, Tanzania (Hotel Golden Tulip). The registration deadline is shown at the top of this page.

Who should attend?

The programme is designed for finance and Accounting Managers of Public Sector Entities and other non-governmental organizations, IFRS and IPSAS implementation and maintenance teams, external auditors and Financial Reporting Consultants, senior budget holders and Policymakers, and others who want practical skills in public financial management and finance.

Will I receive a certificate?

Yes. Participants who complete the programme receive a Certificate of Completion from Risalat Consultants International.

Can this programme be delivered for our institution only?

Yes. We can deliver a tailored in-house version at your premises, in another city or online, built around your own cases. Use the proposal request on this page.

Do I need prior experience in public financial management and finance?

No specialist background is required beyond experience in a related role. A short pre-assessment helps the facilitators adapt the sessions to the group.

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