European Public Sector Accounting (PSA)

European Public Sector Accounting (PSA)

Get to know different approaches and traditions of PSA in selected EU countries.

The online course European Public Sector Accounting is a component of the EU Erasmus+ project DiEPSAm. It is made for a broad target audience of students and professionals who want to gain an understanding of: main terms and overview of PSA; historical perspectives on approaches to PSA; characteristics of PSA in comparison to private sector accounting; theory and purposes of PSA; Challenges of harmonizing PSA in the EU und synoptical comparison of conceptual frameworks; in-depth views of International Public Sector Accounting Standards (IPSAS) as a reference model the development of EPSAS (framework, standards for separate financial statements and consolidated financial statements); accounting cycle and the status quo of EPSAS development.

DATE
flexible, start is possible at any time

COURSE TYPE
Online course with video, text, exercises

FEE
free of charge

PROCESSING TIME
XXX hours

LANGUAGE
English

From a professional perspective, students get to know the characteristics of public sector accounting (PSA) and are knowledgeable to understand and assess different accounting systems and to track contemporary developments towards harmonised accounting standards in the EU (EPSAS: European Public Sector Accounting Standards). Other qualification aims of this Erasmus+ funded module refer in particular digitalization, media, language and presentation competencies.

Contents

  • Approaches to public sector accounting and reporting in Europe
  • History of PSA & alternatives
  • Differences between private and public sector accounting
  • Budgets and budgetary accounting in the PS
  • Accounting principles and alternative frameworks in the PS
  • Different perspectives in PSA harmonization: IFRSs, GFRs and IPSASs
  • IPSAS History, spread and use
  • IPSAS CF and views on selected national frameworks
  • Reporting components and reliability issues
  • Overview of IPSAS on public sector specific topics
  • IPSAS Case study
  • Consolidated financial statements
  • Consolidation methods & reporting
  • PSA future challenges: EPSAS Outlook

Target Group

  • students and professionals who want to gain a deeper understanding of European public sector accounting

Lecturers

  • Prof. Dr. Peter Christoph Lorson – University of Rostock
  • Dr. Ellen Haustein – University of Rostock
  • Prof. Dr. Dennis Hilgers – JKU Linz
  • Lisa Schmidthuber – JKU Linz
  • Prof. Susana Jorge – University of Coimbra
  • Prof. Lasse Oulasvirta – University of Tampere
  • Assoc. Prof. Andy Wynne – University of Leicester

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