COVID-19: Deferral of Effective Dates
IPSASB
Nov 06, 2020 | Handbooks, Standards, and Pronouncements
English
The IPSASB has published the final pronouncement, COVID-19: Deferral of Effective Dates, which delays the effective dates of recently published Standards and Amendments to IPSAS by one year to January 1, 2023. Responding to the global COVID-19 pandemic and the challenges it has created, the purpose of this pronouncement is to provide stakeholders with additional implementation time.
The Standards and Amendments which are impacted include:
- IPSAS 41, Financial Instruments;
- IPSAS 42, Social Benefits;
- Long-term Interests in Associates and Joint Ventures (Amendments to IPSAS 36) and Prepayment Features with Negative Compensation (Amendments to IPSAS 41);
- Collective and Individual Services (Amendments to IPSAS 19); and
- Improvements to IPSAS, 2019.
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Related Resources
- 2016 Handbook of International Public Sector Accounting Pronouncements
- 2020 Handbook of International Public Sector Accounting Pronouncements
- 2021 Handbook of International Public Sector Accounting Pronouncements
- Amendments to IPSAS 5, Borrowing Costs - Non-Authoritative Guidance
- Non-Authoritative Amendments to IPSAS 41, Financial Instruments
