IPSASB publishes 'Improvements to IPSAS, 2019'

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31 Jan, 2020

The International Public Sector Accounting Standards Board (IPSASB) has published a final pronouncement 'Improvements to IPSAS, 2019', which contains amendments to International Public Sector Accounting Standards (IPSAS) to address issues raised by stakeholders.

This year, the improvement cycle does not include amendments that aim at convergence with recent IASB amendments.

The amendments that are the result of IPSAS 41 Financial Instruments are effective for periods beginning on or after 1 January 2022.

All other amendments are effective for periods beginning on or after 1 January 2021.

Please click for the following information on the IPSASB website:

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