The Ministry of Finance has launched the International Public Sector Accounting Standards (IPSAS) certification in collaboration with the Association of Chartered Certified Accountants (ACCA), reinforcing its commitment to global leadership in public finance and strategic partnerships.
The certification programme commenced with a training session in Dubai from February 17 to 21, bringing together financial managers, department heads, and accountants from various federal ministries and entities. It forms a key pillar of the Financial and Accounting Capacity-Building Project, aimed at equipping government professionals with the skills necessary to navigate complex accounting challenges and align with international financial reporting standards.
Mariam Mohamed Al Amiri, Assistant Undersecretary of the Government Financial Management Sector at the Ministry of Finance, highlighted the initiative’s significance:
“This initiative will not only support our transition to international accounting standards and strengthen financial governance but will also ensure the optimal use of government resources and contribute to financial sustainability.”
With a target to certify 100 public sector professionals by 2025, the IPSAS programme is designed to enhance financial expertise, improve transparency, and ensure compliance with global accounting practices. The initiative also aligns with the UAE’s broader vision of strengthening financial governance and economic resilience.
The IPSAS certification is part of a larger partnership agreement signed between the Ministry of Finance and ACCA in November 2024, which includes two additional specialised certifications: the Certificate in Public Financial Management (Cert PFM) and the Certificate in Sustainability for Finance (Cert SF).
By fostering financial excellence and governance, the UAE Ministry of Finance is positioning government entities for greater economic agility and competitiveness on both local and international levels.
News Source: Emirates News Agency
