Exposure Draft 60, Public Sector Combinations

IPSASB
Jan 28, 2016 | Exposure Drafts and Consultation Papers
English

Comments due by: Jun 30, 2016

The International Public Sector Accounting Standards Board® (IPSASB®) has issued Exposure Draft 60, Public Sector Combinations.

This Exposure Draft classifies public sector combinations as either amalgamations or acquisitions, using a rebuttable presumption approach that takes into account control and other factors. The ED proposes the use of the “modified pooling of interests” method of accounting for amalgamations, while the “acquisition” method of accounting (which involves measuring assets and liabilities at fair value) is proposed for acquisitions.

An At a Glance summary document provides an overview of the Exposure Draft.

 

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Submitted Comment Letters

1. Office of the Auditor-General, New Zealand  (New Zealand)
May 26, 2016

2. Association of Accounting Technicians (AAT)  (United Kingdom)
June 21, 2016

3. Association of National Accountants of Nigeria (ANAN)  (Nigeria)
June 24, 2016

4. Federation of European Accountants  (Belgium)
June 24, 2016

5. ICAEW  (United Kingdom)
June 25, 2016

6. Secretariat of the Accounting Standards Board South Africa  (South Africa)
June 26, 2016

7. Heads of Treasuries and Accounting Reporting Advisory Committee (HoTARAC)  (Australia)
June 27, 2016

8. Swiss Public Sector Financial Reporting Advisory Committee  (Switzerland)
June 27, 2016

9. Treasury Board of Canada Secretariat  (Canada)
June 28, 2016

10. CIPFA  (United Kingdom)
June 29, 2016

11. International Consortium on Government Financial Management (ICGFM)
June 29, 2016

12. Zambia Institute of Chartered Accountants  (Zambia)
June 30, 2016

13. Financial Reporting Council of Nigeria  (Nigeria)
July 4, 2016

14. Australian Accounting Standards Board
July 5, 2016

15. New Zealand Accounting Standards Board  (New Zealand)
July 6, 2016

16. The Japanese Institute of Certified Public Accountants  (Japan)
July 7, 2016

17. Institut der Wirtschaftspruefer in Deutschland e.V. (IDW)  (Germany)
July 8, 2016

18. Institute of Certified Public Accountants of Kenya
July 9, 2016

19. KPMG Services Proprietary Limited  (South Africa)
July 10, 2016

20. Institute of Certified Public Accountants of Uganda  (Uganda)
July 11, 2016

21. CNoCP  (France)
July 12, 2016

22. DGFiP  (France)
July 12, 2016

23. PSAB Staff  (Canada)
July 13, 2016

24. The New Zealand Treasury  (New Zealand)
July 14, 2016

25. United Nations
July 15, 2016

26. ACCA  (United Kingdom)
July 18, 2016

27. Local Governments Audit, Kaduna State  (Nigeria)
July 22, 2016

28. Office of the Auditor General for Local Governments, Katsina State  (Nigeria)
July 22, 2016

29. Denise Silva Ferreira Juvenal  (Brazil)
July 24, 2016

30. Malaysian Institute of Accountants (MIA)  (Malaysia)
August 3, 2016

31. Malaysian Institute of Certified Public Accountants (MICPA)  (Malaysia)
August 22, 2016

 

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