With the objective of increasing the understanding of the public accounting system of the EU, specifically the standards of the International Public Sector Accounting Standards (IPSAS), the Financial Services Bureau is going to organise a five-day seminar on "International Public Sector Accounting Standards (IPSAS) and National Government Accounting in the EU", that will take place on September 10th to 14th in the Auditorium of the "Finanças" Building located on Avenida da Praia Grande, n.º 575-585, basement, from 5 pm to 7 pm. Integrated in the 2nd EU-Macao Co-operation Programme in the Legal Field, this seminar will feature as its keynote speaker Professor Rowan Harrison Jones, Professor of Public Sector Accounting, Birmingham Business School, University of Birmingham, UK and co-founder of Comparative International Governmental Accounting Research Network. The seminar will be conducted in English, with simultaneous translation into Cantonese. During the five daily sessions, the event will analyse different aspects of implementing the standards of IPSAS in the budgetary management based on a cash-basis or on an accrual-basis; the following topics will be discussed: 1) Current status of International Public Sector Accounting Standards (IPSAS) in the EU; 2) Business accounting standards and government accounting standards; 3) The nature of IPSAS; 4) Accounting and budgeting in the national governments of France, Germany, UK and US; 5) The Eurozone crisis and IPSAS. The 2nd EU-Macao Co-operation Programme in the Legal Field, which incorporates this seminar, has as its main objective the "Consolidation of the Macao Legal System" and will take place until December 2013. The execution of this Programme is coordinated by the Law Reform and International Law Bureau, with the participation of several other MSAR's entities and public departments, namely the Legal and Judicial Training Centre, the Legal Affairs Bureau, the Economic Services, the Financial Services Bureau and the Institute of European Studies of Macao.
