IPSAS 43, Leases
IPSASB
Jan 31, 2022 | Handbooks, Standards, and Pronouncements
English
The International Public Sector Accounting Standards Board® (IPSASB®) has issued International Public Sector Accounting Standard® (IPSAS®) 43, Leases.
IPSAS 43 is based on International Financial Reporting Standard (IFRS®) 16, Leases, developed by the International Accounting Standards Board (IASB®).
For lessees, IPSAS 43 introduces a right-of-use model that replaces the risks and rewards incidental to ownership model in IPSAS 13, Leases. For lessors, IPSAS 43 substantially carries forward the risks and rewards incidental to ownership model in IPSAS 13.
Copyright © 2022 The International Federation of Accountants (IFAC). All rights reserved.
Related Resources
- e-International Standards
- 2021 IPSASB Handbook
- Exposure Draft (ED) 75, Leases
- IPSAS-IFRS Alignment Dashboard
- Delivering Through Challenging Times: IPSASB 2019-2020 Biennial Review
- Mid-Period Work Program Consultation
- 2016 Handbook of International Public Sector Accounting Pronouncements