IPSASB publishes COVID-19 guidance

  • PSAS - IPSASB Image

Apr 06, 2020

On April 6, 2020, the International Public Sector Accounting Standards Board (IPSASB) published "COVID-19: Relevant IPSASB Accounting Guidance". The questions and answers publication was issued by the staff of the IPSASB to provide insight into the financial reporting issues associated with COVID-19 government responses.

The objective of the document is to indicate the accounting implications of COVID-19-related government initiatives, including how IPSAS and other IPSASB guidance deal with transactions and events which arise because of the pandemic. The publication does not constitute an authoritative pronouncement of the IPSASB, nor does it intend to amend, or override the requirements of existing IPSAS or provide further implementation guidance.

Review the guide on the IPSASB's website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.