Training Course on PPP Financial Reporting and Accounting Standards

Module 1: Introduction to PPP Financial Reporting and Accounting Frameworks
Overview of PPP financial management principles
Role of accounting and reporting in PPP transparency and governance
Relationship between PPP financial reporting, budgeting, and fiscal risk management
Case study: Financial reporting failures and lessons from PPP projects
Discussion: The importance of harmonized PPP accounting practices

Module 2: International Accounting Standards for PPPs
Application of IPSAS 32: Service Concession Arrangements
IFRS 16 (Leases) and IFRIC 12 (Service Concession Arrangements)
Key differences between IPSAS and IFRS in PPP accounting
Workshop: Mapping PPP contracts to applicable accounting standards
Discussion: Adopting consistent accounting frameworks for PPPs

Module 3: Recognition and Measurement of PPP Assets and Liabilities
Criteria for recognizing PPP assets and obligations on public and private balance sheets
Asset valuation, revaluation, and impairment assessment
Accounting for construction, operation, and transfer stages
Exercise: Determining on/off balance sheet classification for a PPP project
Case study: Treatment of PPP assets in government financial statements

Module 4: Revenue Recognition and Financial Performance Reporting
Accounting for service revenue, availability payments, and user charges
Recognition of construction and operation revenues for private partners
Performance-based payment accounting and contingent liabilities
Workshop: Preparing a simplified PPP revenue recognition schedule
Lessons from performance reporting in infrastructure PPPs

Module 5: Fiscal Risk Reporting and Disclosure Requirements
Identifying and disclosing fiscal commitments and contingent liabilities
Integrating PPP reporting with medium-term fiscal frameworks
Government guarantees, annuity payments, and shadow tolls: accounting treatment
Exercise: Developing a PPP fiscal risk disclosure report
Best practices in PPP transparency and public financial management

Module 6: Financial Audits and Compliance in PPPs
Role of supreme audit institutions (SAIs) and internal audit mechanisms
PPP audit frameworks and performance auditing approaches
Common audit findings and corrective measures in PPP financial management
Workshop: Reviewing and interpreting PPP audit reports
Case study: Ensuring compliance and accountability in PPP financial operations

Module 7: Reporting Tools, Technology, and Best Practices
Digital platforms for PPP financial reporting and data visualization
Integrating PPP reporting into national financial management systems (IFMIS)
Developing standardized PPP financial statements and dashboards
Capstone Project: Preparing a financial reporting framework for a PPP portfolio
Emerging trends: ESG reporting, integrated financial disclosure, and AI-assisted audit