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IPSASB - Improvements to IPSASs 2014 [Completed]

Effective date:

January 1, 2015 with earlier application encouraged.

Transitional provisions:

Applicable to annual financial statements covering periods beginning on or after January 1, 2015. Earlier application is encouraged.

Last updated:

January 2015


The document includes improvements to four standards (IPSAS 1, Presentation of Financial Statements, IPSAS 17, Property, Plant, and Equipment, IPSAS 28, Financial Instruments: Presentation, and IPSAS 31, Intangible Assets).

Recent activities

January 2015

On January 22, 2015, the IPSASB issued its Improvements to IPSASs 2014 which sets out amendments to International Public Sector Accounting Standards (IPSASs) based on the IPSASB’s annual improvements and narrow scope amendments projects.

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.