The International Public Sector Accounting Standards Board^®

The First IPSASB Research Forum, to be held at the University of Parthenope (Naples) on September 17, 2019, is seeking papers. 

The Research Forum will promote a dialogue between IPSASB and academics on current IPSASB projects, including public sector measurement, leasing, heritage, infrastructure assets and natural resources. All researchers interested in public sector accounting and/or in the standard setting processes are invited to participate. The invitation is also open to professionals and civil servants directly involved in public sector accounting. 

For more information, and to submit materials, please visit: http://dipeconomia.unimol.it/english/events/first-ipsasb-research-forum/

Exposure Draft (ED) 67, Collective and Individual Services and Emergency Relief (Amendments to IPSAS 19), addresses transactions for collective and individual services and emergency relief.

ED 67 forms part of the IPSASB’s broader non-exchange expenses project, proposing requirements for collective and individual services and emergency relief. The purpose of the IPSASB’s project on non-exchange expenses is to develop new or amended standards that provide recognition and measurement requirements applicable to providers of non-exchange transactions, except for social benefits.

Please submit your comments on ED 67 by May 31, 2019.

• ED 67, Collective and Individual Services and Emergeny Relief
• ED 67 Webinar

This Consultation Paper is the IPSASB’s first step in establishing a comprehensive measurement framework for the public sector. The Consultation Paper focuses on better aligning the IPSAS measurement requirements with those established in the Conceptual Framework. This project sets out to:

1. Issue amended IPSAS with revised requirements for measurement at initial recognition, subsequent measurement, and measurement-related disclosure;
2. Provide more detailed guidance on the implementation of historical cost, replacement cost, fulfillment cost, and fair value, and the circumstances under which these measurement bases will be used; and
3. Address transaction costs and borrowing costs.