This module is a continuation of the Level 1 Module 6 and will explore further applications of the GFAS software.

This module seeks to provide participants with ample knowledge of financial reporting practices within the public sector. Participants will be introduced to the manner in which general purpose financial statements should be presented using the cash basis of accounting.

This module introduces participants to the rules and guidelines issued by the IPSAS Board, for use by public sector entities in the preparation of financial statements.

This module seeks to provide an in-depth understanding of:

·         the conceptual issues and techniques used in the design of cost accounting information systems

·         the use of costing information for managerial decision-making and business strategy in both manufacturing and service firms.


An important feature of the course is its emphasis on cost analysis and the preparation of managerial reports.