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IPSASB 

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FOR IMMEDIATE RELEASE
REMINDER: COMMENTS ON EXPOSURE DRAFTS ADDRESSING REVENUE AND TRANSFER EXPENSES DUE BY NOVEMBER 1

(October 13, 2020)

The International Public Sector Accounting Standards Board (IPSASB) has extended the comment period for Exposure Drafts (EDs) 70-72 to November 1, 2020 due to the COVID-19 pandemic. These three EDs, released in February this year, pioneer new approaches for some of the most prevalent public sector transactions, including government transfers and grants for the delivery of key government services to citizens.

With the fast-approaching comment deadline, stakeholders are encouraged to learn more about the Exposure Drafts, and submit their comments, by visiting the below links:

Exposure Draft 70: Revenue with Performance Obligations

Exposure Draft 71: Revenue without Performance Obligations

Exposure Draft 72: Transfer Expenses

Contact:
Jennifer DiClerico
Head of Communications
+1-212-286-9344
jenniferdiclerico@ifac.org

 
Prepared by IFAC's Communications Department. Contact communications@ifac.org for further information.
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