IPSASB extends comment letter deadline for its three recent exposure drafts
23 Apr, 2020
On 24 February 2020, the International Public Sector Accounting Standards Board (IPSASB) released three interconnected exposure drafts: ED 70 'Revenue with Performance Obligations', ED 71 'Revenue without Performance Obligations', and ED 72 'Transfer Expenses'.
As a response to the additional challenges facing stakeholders as a result of the COVID-19 pandemic, the IPSASB has decided to provide them with additional time to undertake outreach and prepare their responses. A press release on the IPSASB website announces that the new comment letter deadline for the three exposure drafts is now 1 November 2020.