Improvements to IPSAS Accounting Standards, Volume 10

Current Status of the Project

The IPSASB approved amendments to the financial instruments IPSAS Accounting Standards, including guidance on supplier finance arrangements, the classification and measurement of financial instruments, contracts referencing nature-dependent electricity, and other editorial changes in March 2025.

In June 2025, the IPSASB approved editorial clarifications in IPSAS 2, Cash Flow Statements, and IPSAS 35, Consolidated Financial Statements. The IPSASB also decided that the potential amendments to IPSAS 40, Public Sector Combinations, will be analyzed further at a future IPSASB meeting and potentially issued as a separate narrow scope amendment.

Improvements to IPSAS Accounting Standards, Volume 10, which will include the improvements approved throughout 2025, is expected to be approved in March 2026.

Project Overview

Objective

This project addresses general improvements and International Financial Reporting Standards® (IFRS®) alignment improvements to IPSAS Accouting Standards. General improvements consist of proposals for minor amendments to IPSAS identified by stakeholders. IFRS alignment improvements consist of proposals for minor amendments to IPSAS sourced from recent IFRS improvements and narrow scope amendment projects.

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