The project’s objective is to develop accounting requirements for heritage assets. A consultation paper (CP) will be developed. That is expected to lead to an exposure draft (ED) of proposed revisions to IPSAS 17, Property, Plant and Equipment (or other IPSASs). A Recommended Practice Guideline may also result.

Current Status of the Project

The IPSASB considered all of the proposed heritage guidance as part of its review of ED 78, Property, Plant, and Equipment. The IPSASB gave preliminary approval to the proposed guidance.

The IPSASB finalized ED 78 in February 2021 and published the document for exposure in April 2021. Comments are due October 25, 2021.

Project Contact

Project Stages


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