IPSAS Financial Statements

Automating IPSAS compliant financial statements

IPSAS Financial Statements Template enables public sector finance professionals to automate the preparation of IPSAS compliant financial statements.

Preparers can easily modify all elements of the statements, notes, and disclosures through extensive configuration options. This includes flexible lead sheets and a centralised document manager to organise working paper collateral, support automated financial reporting, and streamline the reporting process for annual and interim financial statements.

Powerful features for IPSAS Financial Reporting

IPSAS compliance

Automate and update financial statements in line with the latest relevant IPSAS Standards.

Seamless data imports

Import a trial balance or general ledger details from more than 60 accounting packages, Excel, CSV, and ASCII.

Built-in consolidation

Aggregate multiple trial balances from various general ledger systems to simplify group reporting in one central platform.

Automation

Drive continuity from one data source across statements, notes, disclosures, and working papers.

Reliable Reporting for Public Sector Professionals

Drive accuracy and efficiency with a single data source that supports consistency across financial outputs and supporting documentation.

Benefits that support better Financial Reporting

Accrual-based automation

Prepare automated IPSAS compliant annual and year-to-date financial statements based on the accrual basis of accounting.

Simplified account assignment

Configure the financial statements to meet specific requirements using built-in automation creation features.

Full traceability

Reconcile the trial balance back to the ledger systems with full adjusting journal entry traceability and reporting.

Year-on-year efficiency

Increase efficiency by leveraging extensive built-in logic to roll-forward selected information related to the client.

How to get started

A clear workflow for faster, structured financial reporting.

Import

Bring in your trial balance or GL details from your chosen accounting package or file format.

Consolidate

Aggregate multiple trial balances when reporting for a group or consolidated entity.

Map and assign

Use simplified account assignments to map data to IPSAS reporting categories.

Configure

Use built-in automation features to modify statements, notes, and disclosures for specific reporting requirements.

Reconcile and roll forward

Trace entries back to ledger systems and apply roll-forward logic for future periods.