URGENT: We need your explicit permission to continue communicating with you. To continue receiving emails with resources and insights from IFAC, IAASB, IESBA, or IPSASB, please confirm your interest by visiting My Profile and selecting ‘I agree to the processing of my personal data’. For more information, please see our Privacy Policy.

Exposure Draft 74, IPSAS 5, Borrowing Costs – Non-Authoritative Guidance

IPSASB
Oct 21, 2020 | Exposure Drafts and Consultation Papers
English

Comments due by: Mar 01, 2021

This Exposure Draft proposes the addition of non-authoritative guidance to IPSAS 5, Borrowing Costs. The proposed non-authoritative guidance would add implementation guidance and illustrative examples to IPSAS 5.

The new material proposed in ED 74 would clarify how the existing principles for when borrowing costs can be capitalized should be applied in various regularly encountered public sector contexts. No amendments are proposed to the authoritative material in IPSAS 5.

 

Copyright © 2021 The International Federation of Accountants (IFAC). All rights reserved.

Submitted Comment Letters

1. CP Mg Álvaro Fonseca Vivas  (Colombia)
October 21, 2020

2. CNoCP  (France)
January 14, 2021

3. Swiss Public Sector Financial Reporting Advisory Committee  (Switzerland)
February 17, 2021

4. The Malaysian Institute of Certified Public Accountants (MICPA)  (Malaysia)
February 17, 2021

5. South African Accounting Standards Board
February 25, 2021

6. KIPF (Korea Institute of Public Finance)  (Korea, Republic of)
February 26, 2021

7. The Japanese Institute of Certified Public Accountants  (Japan)
February 27, 2021

8. Conselho Federal de Contabilidade  (Brazil)
March 1, 2021

9. GNWT  (Canada)
March 2, 2021

10. Inter-American Accounting Association
March 3, 2021

11. Institute of Certified Public Accountants of Uganda (ICPAU)
March 4, 2021

12. NSW Treasury  (Australia)
March 5, 2021

13. Public Accountants and Auditors Board (PAAB)  (Zimbabwe)
March 6, 2021

14. Public Sector Accounting Board (Staff)  (Canada)
March 7, 2021

15. Public Sector Accounting Standards Board Kenya  (Kenya)
March 8, 2021

16. Task force IRSPM A&A SIG, CIGAR Network, EGPA PSG XII
March 9, 2021

17. Botswana Institute of Chartered Accountants  (Botswana)
March 10, 2021

18. The Institute of Chartered Accountant of India  (India)
March 10, 2021

 

Related Resources

 
 

Get the latest updates delivered to your inbox

Subscribe now

 
 

Translations & Permissions

Looking to reproduce the standards for your members? Want to include IFAC's publications in your training materials or university course? Learn how we can help.

IP permissions and policies

 

Primary tabs

Thank you for your interest in our publications. These valuable works are the product of substantial time, effort and resources, which you acknowledge by accepting the following terms of use. You may not reproduce, store, transmit in any form or by any means, with the exception of non-commercial use (e.g., professional and personal reference and research work), translate, modify or create derivative works or adaptations based on such publications, or any part thereof, without the prior written permission of IFAC.

Our reproduction and translation policies, as well as our online permission request and inquiry system, are accessible on the Permissions Information web page.

For additional information, please read our website Terms of Use. ALL RIGHTS RESERVED.

Agree