FEE publishes issues paper on EPSAS
28 Mar, 2014
The Federation of European Accountants (Fédération des Experts-comptables Européens, FEE) has published a paper discussing the issues emerging in the public debate on a possible future implementation of 'European Public Sector Accounting Standards' (EPSAS) in European Union (EU) member states.
The issues paper reflects many observation from the sceptical cover letter attached to the FEE response to the December 2013 EU consultation, but describes in more detail why better public sector financial information is needed, the existing international standards and their perceived shortcomings, and possible issues that may arise in the development of European standards.
The issues paper can be accessed on the FEE website.
