Mar 25, 2019
IPSASB March 2019 Meeting Podcast
Mar 21, 2019
IPSASB to Sharpen Focus on Public Financial Management and Benefits of IPSAS Adoption
Feb 28, 2019
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The International Public Sector Accounting Standards Board®
(IPSASB®) works to improve public sector financial reporting worldwide through the development of IPSAS®, international accrual-based accounting standards, for use by governments and other public sector entities around the world.
FOCUS ON: ADOPTION AND IMPLEMENTATION
IPSASB STRATEGY & WORK PLAN 2019-2023
A CLOSER LOOK AT THE MOVE TO ACCRUAL ACCOUNTING IN THE UK
SPOTLIGHT ON:
IPSASB Delivers Guidance on Significant Areas of Public Expenditure
IPSAS 42, Social Benefits, and ED 67, Collective and Individual Services and Emergency Relief (Amendments to IPSAS 19), provide guidance on significant areas of public expenditure. Learn more at the links below:
- IPSAS 42, Social Benefits
- IPSAS 42 Supporting Resources
- ED 67, Collective and Individual Services and Emergeny Relief
- Press release
IPSAS 41, Financial Instruments, Released
IPSAS 41, Financial Instruments, establishes new requirements for classifying, recognizing and measuring financial instruments to replace those in IPSAS 29, Financial Instruments: Recognition and Measurement.
Published in August 2018, IPSAS 41 provides users of financial statements with more useful information than IPSAS 29, by:
- Applying a single classification and measurement model for financial assets that considers the characteristics of the asset's cash flows and the objective for which the asset is held;
- Applying a single forward-looking expected credit loss model that is applicable to all financial instruments subject to impairment testing; and
- Applying an improved hedge accounting model that broadens the hedging arrangements in scope of the guidance. The model develops a strong link between an entity's risk management strategies and the accounting treatment for instruments held as part of the risk management strategy.
For more information, please view: -
QUICK LINKS
- Due Process
- 2018 Handbook of IPSAS Pronouncements
- IPSASB Fact Sheet
- IPSASB Work Plan
- IPSAS-IFRS Alignment Dashboard
- IPSASB Strategy & Work Plan 2019-2023. Delivering Global Standards. Inspiring Implementation.
- IPSASB Terms of Reference
- Public Interest Committee (PIC)
- International Public Sector Financial Accountability Index: 2018 Status Report
LATEST PUBLICATIONS & RESOURCES
Exposure Draft 67, Collective and Individual Services and Emergency Relief (Amendments to IPSAS 19)
IPSASBIPSAS 42, Social Benefits
IPSASB
IPSASB on 
What makes an asset specialized in the #PublicSector? IPSASB Deputy Chair Mike Blake explains https://t.co/J43LnFynVo https://t.co/4prkIf4ztu (2 days ago)
Will adding public sector #pension liabilities to the balance sheet improve long-term #sustainability? IPSASB Board Member Bernhard Schatz shares his perspective https://t.co/YBIidDUZGf (3 days ago)
#ICYMI: The #IASB has publishes its April 2019 Update https://t.co/uYLxCoxr2M (4 days ago)
In #Zambia, international public accounting standards to help improve transparency via @LusakaTimes https://t.co/U11mZC4ugQ (5 days ago)
#Kenya auditor general to include non-cash assets in reports. The new accounting format - to be put in place in July 2020 - will detail how government agencies procure and use its assets and finances via @TheStarKenya https://t.co/0w2sjwRNwX (1 week ago)
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