IPSASB publishes strategy and work plan for 2019-2023
Feb 28, 2019
On February 28, 2019, the International Public Sector Accounting Standards Board (IPSASB) published its strategy and work plan for 2019 through 2023.
The IPSASB’s strategic objective is to strengthen public financial management globally through increasing adoption of accrual-based IPSAS. To achieve this, the IPSASB will develop and maintain IPSAS and other high-quality financial reporting guidance for the public sector and raise awareness of IPSAS and the benefits of accrual adoption. The development of global standards includes setting standards on public sector specific issues, maintaining IFRS alignment, and developing guidance to meet users’ broader financial reporting needs.
Review the press release and strategy and work plan for 2019-2023 on the IPSASB's website.