Oscar J Jeke- Zim Now Reporter
A 10-day workshop has commenced in Gweru, bringing together preparers of financial statements from central government, local authorities, and state-owned enterprises.
The workshop aims to provide detailed review feedback on their 2024 International Public Sector Accounting Standards transitional submissions.
Mandated by Treasury Circular Number 3 of 2025, the workshop serves as a collaborative platform to strengthen understanding and ensure uniformity in the application of complex IPSAS guidelines.
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Key focus areas include currency transition, hyperinflation accounting, and the specific disclosures required for transitional statements.
Deputy Accountant-General, Mr. M. Shumbaimwe, officially opened the session, commending stakeholders for their commitment to this national imperative.
“This workshop is a pivotal step in our collective journey toward greater transparency, accountability, and enhanced public financial management,” he said.
The workshop is designed to address challenges, share best practices, and enhance the quality of financial reporting across the public sector, as entities progress toward full IPSAS compliance by December 2025.
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