Exposure Draft (ED) 77, Measurement

IPSASB
Apr 22, 2021 | Exposure Drafts and Consultation Papers
English

Comments due by: Oct 25, 2021

The International Public Sector Accounting Standards Board® (IPSASB®) has issued Exposure Draft (ED) 77, Measurement.

ED 77 proposes new guidance in a single standard which addresses how commonly used measurement bases are applied in practice. The ED brings in generic guidance on fair value for the first time, and it proposes a public sector specific current value measurement basis to respond to stakeholder views that a new measurement basis is required as an alternative to fair value for assets held for their operational capacity.

This ED is part of a suite of four EDs that address how to measure assets and liabilities in the public sector, and should be read in conjunction with:

Supporting Resources have been developed to support constituents respond to this suite of EDs.

 

Copyright © 2022 The International Federation of Accountants (IFAC). All rights reserved.

Submitted Comment Letters

1. Jean-Bernard Mattret  (France)
August 17, 2021

2. Audit Office of New South Wales
September 30, 2021

3. Accrual Accounting Center, Saudi Arabia  (Saudi Arabia)
September 30, 2021

4. Office of the Auditor-General  (New Zealand)
October 5, 2021

5. Swiss Public Sector Financial Advisory Committee  (Switzerland)
October 11, 2021

6. Accountancy Europe
October 13, 2021

7. CNoCP  (France)
October 18, 2021

8. NZ Treasury  (New Zealand)
October 21, 2021

9. Valuology
October 21, 2021

10. External Reporting Boad
October 22, 2021

11. CPA Australia and Chartered Accountants ANZ
October 23, 2021

12. Task Force IRSPM A&A SIG, CIGAR Network, EGPA PSG XII
October 23, 2021

13. IDW - Institut der Wirtschaftsprüfer e.V.  (Germany)
October 24, 2021

14. Kalar Consulting Ltd  (United Kingdom)
October 24, 2021

15. Australian Accounting Standards Board
October 24, 2021

16. The Malaysian Institute of Certified Public Accountants (MICPA)  (Malaysia)
October 24, 2021

17. The Japanese Institute of Certified Public Accountants  (Japan)
October 25, 2021

18. South African Accounting Standards Board  (South Africa)
October 26, 2021

19. Public Sector Accounting Standards Board Kenya  (Kenya)
October 27, 2021

20. Public Accountants and Auditors Board (Zimbabwe)  (Zimbabwe)
October 28, 2021

21. CPA Uganda
October 29, 2021

22. Malaysian Institute of Accountants (MIA)  (Malaysia)
October 29, 2021

23. FOCAL - Colombia
October 30, 2021

24. FOCAL - Ecuador
October 30, 2021

25. FOCAL - El Salvador
October 30, 2021

26. FOCAL - Guatemala
October 30, 2021

27. FOCAL - Panama
October 30, 2021

28. FOCAL - Peru
October 30, 2021

29. FOCAL - Dominican Republic
October 31, 2021

30. FOCAL - Uruguay
October 31, 2021

31. FOCAL - Mexico
November 1, 2021

32. Auditor General of Canada  (Canada)
November 2, 2021

33. CIPFA  (United Kingdom)
November 2, 2021

34. Chartered Accountancy Academy and Training and Advisory Services  (Zimbabwe)
November 3, 2021

35. NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS - TANZANIA
November 3, 2021

36. The Institute of Chartered Accountants of Nigeria  (Nigeria)
November 4, 2021

37. Conselho Federal de Contabilidade  (Brazil)
November 5, 2021

38. Financial Reporting Council of Nigeria
November 5, 2021

39. Pontificia Universidad Javeriana  (Colombia)
November 5, 2021

40. Ernst & Young GmbH
November 6, 2021

41. Institute of Certified Public Accountants of Kenya (ICPAK)
November 6, 2021

42. Institute of Chartered Accountants of India  (India)
November 7, 2021

43. Public Sector Accounting Board of Canada  (Canada)
November 7, 2021

44. Welch LLP
November 12, 2021

45. KPMG
November 15, 2021

 

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