Key Characteristics of the Public Sector with Potential Implications for Financial Reporting

International Public Sector Accounting Standards Board

Apr 28, 2011 | Exposure Drafts and Consultation Papers

Comments due by: Aug 30, 2011

The exposure draft, Key Characteristics of the Public Sector with Potential Implications for Financial Reporting, provides background on issues affecting the development of a conceptual framework for public sector entities and standard setting. In particular, it highlights that public sector entities are likely to depend upon taxation rather than commercially generated profits for their continued existence--and have governance arrangements that generally involve a legislative body holding an executive to account.


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Submitted Comment Letters

1. Accounting Standards Board  (South Africa)
June 10, 2011

2. Dr. Joseph S. Maresca  (USA)
June 11, 2011

3. Joint Accounting Bodies  (Australia)
June 12, 2011

4. Ministry of Finance Quebec  (Canada)
June 13, 2011

5. KPMG  (United Kingdom)
June 14, 2011

6. Cours des Comptes  (France)
June 15, 2011

7. Danish Agency for Governmental Management  (Denmark)
June 16, 2011

8. Government of Canada  (Canada)
June 17, 2011

9. Conseil de Normalisation des Comptes Publics (CNOCP)  (France)
June 18, 2011

10. ZICA  (Zambia)
June 19, 2011

11. HM Treasury  (United Kingdom)
June 20, 2011

12. ICAEW  (United Kingdom)
June 21, 2011

13. Australasian Council of Auditors-General (ACAG)  (Australia)
June 22, 2011

14. CIPFA  (United Kingdom)
June 23, 2011

15. Corte dei conti  (Italy)
June 25, 2011

16. Denise Silva Ferreira Juvenal  (Brazil)
June 26, 2011

17. Department of Finance and Deregulation  (Australia)
June 27, 2011

18. Ernst & Young  (Kenya)
June 28, 2011

19. Financial Management Standards Board - AGA  (United States)
June 29, 2011

20. Grant Thornton UK LLP  (United Kingdom)
June 30, 2011

21. Institut der Wirtschaftspruefer in Deutschland e.V.  (Germany)
July 1, 2011

22. International Consortium of Government Financial Managers  (United States)
July 2, 2011

23. Massey University  (New Zealand)
July 5, 2011

24. Nyenrode University  (Netherlands)
July 5, 2011

25. Provincial Government of Newfoundland and Labrador  (Canada)
July 6, 2011

26. United Nations System  (United States)
July 7, 2011

27. Walker Fraud Examiners, Inc.  (United States)
July 9, 2011

28. Fédération des Experts-Comptables Européens (FEE)  (Belgium)
July 10, 2011

29. Ministry of Finance Ontario  (Canada)
July 11, 2011

30. Ministry of Finance Saskatchewan  (Canada)
July 13, 2011

31. Public Sector Accounting Board (PSAB)  (Canada)
July 15, 2011

32. Direction Générale des Finances Publiques  (France)
July 18, 2011

33. Australian Accounting Standards Board  (Australia)
July 20, 2011

34. Province of Manitoba  (Canada)
July 25, 2011

35. Ministry of Finance British Columbia  (Canada)
July 26, 2011

36. Swiss Public Sector Financial Reporting Advisory Committee  (Switzerland)
August 1, 2011

37. Heads of Treasuries Accounting and Reporting Advisory Committee  (Australia)
October 16, 2011

38. Advancing Government Accountability (AGA)  (United States)
October 17, 2011


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