Shasat and PwC to collaborate to offer IPSAS Courses
Shasat and PwC Join Forces to Bring World-Class IPSAS Training to Seven Global Cities
In a landmark partnership spanning three continents, Shasat and PwC are combining their respective strengths in IPSAS training and implementation to deliver public sector accounting education at an international scale — from London and Geneva to Dubai and Miami.
| Press Release | shasat.co.uk · |
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Shasat, a UK-based global training organisation and one of the world’s most active providers of IFRS and public sector accounting education, has announced a strategic collaboration with PwC to jointly deliver International Public Sector Accounting Standards (IPSAS) workshops across seven major cities on three continents. The partnership brings together Shasat’s unparalleled reach in professional training and PwC’s deep practical experience in helping governments and international organisations implement IPSAS.
The initiative responds to a growing global imperative. Lessons drawn from the sovereign debt crisis, and mounting pressure on governments to manage public resources with greater transparency and accountability, have accelerated the adoption of IPSAS by public sector entities worldwide. International organisations have led the way, but national governments are following rapidly — with an increasing number transitioning to accrual accounting using IPSAS as a reference framework.
“Our global excellence in offering training courses and PwC’s global implementation experience in IPSAS make us natural partners. 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.”
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Sunil Kansal · Managing Director, Shasat |
As part of the collaboration, Shasat and PwC are launching a joint annual training calendar, offering both public and in-house courses across Europe, the Middle East, and the Americas. The programme is designed to maximise accessibility for public sector finance professionals regardless of their geography or institutional context.
The cities have been selected to serve the highest concentrations of public sector finance professionals, international organisations, and government ministries actively engaged in IPSAS transition programmes. Geneva and The Hague, in particular, are home to a significant cluster of United Nations agencies and intergovernmental bodies that have already adopted or are actively transitioning to IPSAS.
“While the global move toward IPSAS is accelerating, building capabilities remains a challenge. We want to share with public sector professionals our extensive practical experience in helping governments and international organisations implement and apply IPSAS.”
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Patrice Schumesch · Global Public Finance & Accounting Partner, PwC |
The IPSAS Board (IPSASB) has issued a comprehensive suite of accrual-based accounting standards for public sector entities, alongside a cash-basis standard for jurisdictions at earlier stages of transition. The standards are designed to bring public sector financial reporting in line with the transparency and comparability demanded by citizens, legislators, and international financial institutions alike.
| → | Lessons from the global sovereign debt crisis exposed critical gaps in public sector financial transparency |
| → | A growing number of national governments are adopting accrual accounting with IPSAS as the reference framework |
| → | The European Commission’s EPSAS project uses IPSAS as the foundational reference for European public sector standards |
| → | International organisations — from the UN to multilateral development banks — have been at the forefront of IPSAS adoption |
| → | Investor and multilateral lender scrutiny of government finances continues to intensify globally |
In Europe, the project to develop European Public Sector Accounting Standards (EPSAS) under the European Commission has positioned IPSAS as the primary reference point, further underscoring the standard’s trajectory toward becoming the global baseline for public sector financial reporting — in the same way IFRS functions for the private sector.
The joint programme offers a range of structured learning formats to accommodate different levels of experience and institutional needs, from foundational IPSAS immersion to specialist workshops on specific standards.
| 2–5 Days |
IPSAS Training Courses →
Comprehensive public and in-house programmes covering the full suite of accrual-based IPSAS standards, suitable for government finance teams, international organisation staff, and public sector accounting professionals at all levels.
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| 2 Days |
IPSAS 41 Financial Instruments Workshop →
A specialist deep-dive into IPSAS 41, the public sector equivalent of IFRS 9, covering classification and measurement, impairment, and hedge accounting in the public sector context.
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About Shasat
Shasat is a UK-based global training organisation offering the widest range of IPSAS and IFRS courses worldwide. With a network spanning professionals from over 100 countries and more than 200 public courses annually across 70 cities, Shasat’s faculty represents some of the most experienced IFRS and public sector accounting instructors in the world. |
About PwC
PwC is a network of firms in 157 countries with more than 184,000 people committed to delivering quality in assurance, tax, and advisory services. PwC supports the development of IPSAS with the aim of promoting transparency, democratic accountability, and enhancing public financial management by public sector entities worldwide. |
