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This course includes:
- 2:24 hours of content
- 13 lectures
- Full lifetime access
- Access on mobile and desktop
- Certificate of completion
What you'll learn
- Understand financial asset categories and their treatments
- Apply lease liability and asset recognition criteria
- Prepare the Statement of Financial Position for public sector entities
- Classify and measure financial assets under accrual accounting
- Master IPSAS 43 lease accounting and right-of-use assets
Course Description
Part 2 of the Year 2 Cash-to-Accrual Transition course advances your knowledge with critical financial reporting components.
Module 3: IPSAS 43 - Leases
Master lease accounting including right-of-use assets, lease liabilities, and disclosure requirements for public sector entities.
Module 4: Financial Assets
Learn to classify and measure financial assets, applying proper recognition and measurement criteria under accrual accounting.
Module 5: Statement of Financial Position
Prepare comprehensive financial position statements incorporating all Year 2 transition elements.
This course builds on Part 1 foundations with practical case studies and real-world examples from Kenyan public sector entities. Complete Part 1 before enrolling in Part 2.
Course Content
3 modules • 13 lectures