Shasat and PwC to collaborate to offer IPSAS Courses
“Shasat is proud to join hands with PwC to offer public sector accounting workshops in seven major cities of the world,” says Sunil Kansal, Managing Director of Shasat. “Our global excellence in offering training courses and PwC’s global implementation experience in IPSAS make us natural partners in offering public sector accounting training solutions to public sector professionals all over the world. As part of this joint effort, we are launching our yearly training calendar to offer public sector accounting courses, both public and in-house, across three continents, covering cities such as London, Brussels, The Hague, Geneva, Dubai, Abu Dhabi, and Miami, so that we can reach the maximum number of professionals all around the world. Our objective is to offer the best public sector accounting faculty and the best training facilities to provide truly world-class, unmatched learning solutions to all public sector professionals.”
“PwC supports the development of IPSAS with the aim of promoting transparency, democratic accountability, and enhancing good governance and public financial management by public sector entities around the world,” says Patrice Schumesch, PwC Global Public Finance & Accounting Partner and Chair of PwC’s IPSAS Technical Working Group. “While the global move toward IPSAS is accelerating, building capabilities remains a challenge. We want to address this challenge and share with public sector professionals our extensive practical experience in helping governments and international organisations implement and apply IPSAS. We are pleased to join forces with Shasat for this initiative with the objective of offering training of the highest quality.”
Lessons learned from the sovereign debt crisis and the increasing pressure on governments and public sector organisations to better manage public resources have made a global case for action, highlighting the need for more transparent, consistent, and globally comparable financial reporting in the public sector. IPSAS (International Public Sector Accounting Standards) are being adopted by a large number of public sector entities all over the world. International organisations have been at the forefront of the move towards IPSAS, but the trend is also evident for governments, with an increasing number of them adopting accrual accounting practices, with IPSAS serving as a reference point. In Europe, the European Commission is conducting a project to develop European Public Sector Accounting Standards (EPSAS), with IPSAS also used as a reference.
Until now, the IPSASB has issued several accrual-based accounting standards and one cash-based accounting standard; it continues its work programme with the objective of finalising a comprehensive set of high-quality accounting standards that meet the needs of public sector entities.
About PwC
PwC firms help organisations and individuals create the value they’re looking for. We’re a network of firms in 157 countries with more than 184,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com . PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. All rights reserved.
About Shasat
SHASAT is a UK based global training organisation (www.shasat.co.uk). SHASAT offers widest range of public sector accounting and IFRS courses worldwide and has a very strong international network with leading public and private sector entities including large pool of professionals from over 100 countries. Shasat offers over 200 public courses each year in over 70 cities, which attract thousands of accounting professionals from all over the world who are taught by one of the most experienced IFRS and Public Sector accounting faculty of instructors. Visit us at: www.shasat.co.uk/training. © 2025 Shasat, All rights reserved.
