Exposure Draft (ED) 81, Proposed Update to Conceptual Framework
Conceptual Framework Update: Chapter 3, Qualitative Characteristics and Chapter 5, Elements in Financial Statements
IPSASB
Feb 01, 2022 | Exposure Drafts and Consultation Papers
English
Comments due by: May 31, 2022
The objective of ED 81 is to update Chapter 3, Qualitative Characteristics, and Chapter 5, Elements of Financial Statements, of the Conceptual Framework, in light of:
- The IPSASB’s experience in applying the Conceptual Framework to the development and maintenance of International Public Sector Accounting Standards (IPSAS); and
- Developments in international thinking about conceptual issues since the Framework was approved in 2014.
The proposals will reinforce the role of the Conceptual Framework as the cornerstone of IPSASB’s core standard-setting activity to develop high-quality financial reporting standards.
Copyright © 2023 The International Federation of Accountants (IFAC). All rights reserved.
Submitted Comment Letters
1. CNoCP (France)
April 21, 2022
2. The Office of the Auditor General of the Union,Myanmar
May 3, 2022
3. The Institute of Chartered Accountants of Zimbabwe (Zimbabwe)
May 17, 2022
4. The Insittute of Chartered Accountants of India Sourthern India Regional Council (India)
May 17, 2022
5. Task Force IRSPM PSAAG, CIGAR Network, EGPA PSG XII
May 18, 2022
6. Cash to Accrual Center - Ministry of Finance, Saudi Arabia (Saudi Arabia)
May 18, 2022
7. Swiss Public Sector Financial Reporting Advisory Committee (Switzerland)
May 24, 2022
8. Botswana Institute of Chartered Accountants (Botswana)
May 25, 2022
9. Institute of Chartered Accountants of Jamaica (Jamaica)
May 27, 2022
10. External Reporting Board (XRB) (New Zealand)
May 27, 2022
11. Foro de Contadurías Gubernamentales de América Latina (Panama)
May 30, 2022
12. Foro de Contadurías Gubernamentales de América Latina (Colombia)
May 30, 2022
13. Accounting Standards Board (South Africa)
May 30, 2022
14. IDW - Institut der Wirtschaftsprüfer e.V. (Germany)
May 30, 2022
15. Public Accountants and Auditors Board (Zimbabwe)
May 31, 2022
16. Office of the Auditor General of Canada (Canada)
May 31, 2022
17. The Japanese Institute of Certified Public Accountants (Japan)
May 31, 2022
18. Kalar Consulting Ltd
May 31, 2022
19. Public Sector Accounting Board of Canada (Canada)
May 31, 2022
20. Botswana Accountancy Oversight Authority (Botswana)
May 31, 2022
21. Colin Semotiuk (Canada)
May 31, 2022
22. Malaysian Institute of Accountants (MIA) (Malaysia)
May 31, 2022
23. Chartered Accountancy Academy and Training and Advisory Services (Zimbabwe)
May 31, 2022
24. Financial Reporting Council of Nigeria (FRC)
June 1, 2022
25. EY
June 1, 2022
26. Institute of Chartered Accountants of India (India)
June 2, 2022
27. Public Sector Accounting Standards Board Kenya (Kenya)
June 2, 2022
Related Resources
- e-International Standards
- 2021 IPSASB Handbook
- Exposure Draft (ED) 76
- Mid-Period Work Program Consultation
- IFRS-Alignment Dashboard
- 2016 Handbook of International Public Sector Accounting Pronouncements
