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IPSAS Project presentation to AG Department 09 September 2009 FAO I nternational P ublic S ector A ccounting S tandards
What is IPSAS? International Public Sector Accounting Standards
What is IPSAS? UN mandate Finance Division - AFF
What is IPSAS? Priority IPA project Finance Division - AFF
What is the IPSAS project at FAO? New Field Accounting System Inventory Financial Reporting External Financial Statements Accounting Policies & Rules Property and Equipment Receiving Payment Authorization Chart of Accounts
What will IPSAS bring? confidence credibility Finance Division - AFF
efficient Finance Division - AFF What will IPSAS bring? effective
better decisions Finance Division - AFF What will IPSAS bring?
IPSAS Adoption Leading Practices Stakeholder & User Involvement Realistic Time, Budget and Quality Communication Risk Management Senior Management Support Key Factors for Project Success
Timeline 2008 2009 2010 2011 2012 User Requirements Testing Training, Deployment and Post-implementation Design, Development and Documentation Implementation First IPSAS-compliant Financial Reports