Exposure Draft 63, Social Benefits

IPSASB
Oct 31, 2017 | Exposure Drafts and Consultation Papers, Videos
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Comments due by: Mar 31, 2018

The International Public Sector Accounting Standards Board (IPSASB) has issued Exposure Draft 63, Social Benefits.

The Exposure Draft addresses accounting for the delivery of social benefits, such as retirement, unemployment, and disability, aiming to improve consistency, transparency, and reporting by public sector entities of social benefit schemes, which account for a large portion of government expenditure in most jurisdictions.

ED 63 defines social benefits and proposes requirements for the recognition and measurement of social benefit schemes. It also proposes disclosure requirements that provide additional information for users to evaluate the effect of social benefits on future government finances.

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Submitted Comment Letters

1. Association of Accounting Technicians (United Kingdom)
February 22, 2018

2. Swiss Public Sector Financial Reporting Advisory Comittee (Switzerland)
March 5, 2018

3. The Institute of Certified Public Accountants Ireland (Ireland)
March 13, 2018

4. Accounting Standards Board
March 14, 2018

5. The Treasury New Zealand (New Zealand)
March 19, 2018

6. ICAS (United Kingdom)
March 23, 2018

7. Malaysian Institute of Accountants (Malaysia)
March 24, 2018

8. CPA Australia (Australia)
March 25, 2018

9. HoTARAC
March 26, 2018

10. Federal Social Insurance Office (FSIO) (Switzerland)
March 27, 2018

11. NZASB
March 27, 2018

12. Audit Zealand (New Zealand)
March 27, 2018

13. Accountancy Europe
March 27, 2018

14. The Japanese Institute of Certified Public Accountants (Japan)
March 27, 2018

15. International Actuarial Association
March 28, 2018

16. Treasury Board of Canada Secretariat (Canada)
March 28, 2018

17. International Consortium on Government Financial Management (ICGFM)
March 28, 2018

18. Asociación Interamericana de Contabilidad - AIC
March 28, 2018

19. ICAEW (United Kingdom)
March 28, 2018

20. Australasian Council of Auditors-General (ACAG)
March 28, 2018

21. The Swedish National Financial Management Authority (Sweden)
March 28, 2018

22. Task force IRSPM A&A SIG, CIGAR Network, EGPA PSG XII
March 29, 2018

23. PUBLIC SECTOR ACCOUNTING STANDARDS BOARD KENYA (Kenya)
March 29, 2018

24. Institut der Wirtschaftsprüfer e.V. (IDW) (Germany)
March 29, 2018

25. CIPFA
March 29, 2018

26. Association of Chartered Certified Accountants (ACCA)
March 29, 2018

27. PwC
March 30, 2018

28. Korea Institute of Public Finance (Korea, Republic of)
March 30, 2018

29. Association of National Accountants of Nigeria - ANAN (Nigeria)
March 30, 2018

30. Kalar Consulting Ltd (United Kingdom)
March 31, 2018

31. Chartered Accountants Australia and New Zealand
April 5, 2018

32. Australian Accounting Standards Board
April 5, 2018

33. Hungarian Actuarial Society (Hungary)
April 5, 2018

34. National Audit Office Malta
April 6, 2018

35. U.S. Government Accountability Office
April 7, 2018

36. Altaf Noor Ali Chartered Accountants Pakistan (Pakistan)
April 8, 2018

37. Ernst & Young (EY)
April 12, 2018

38. CNOCP (France)
April 12, 2018

39. DGFiP (France)
May 28, 2018

40. Public Sector Accounting Board (PSAB) (Canada)
May 29, 2018

41. Moderniseringsstyrelsen (Denmark)
May 31, 2018

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