This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IPSASB exposure draft on financial statement discussion and analysis for the public sector

  • IPSASB (International Public Sector Accounting Standards Board) (mid gray) Image

Apr 03, 2012

The International Public Sector Accounting Standards Board (IPSASB) has published Exposure Draft (ED) 47, "Financial Statement Discussion and Analysis."

The material presented in the ED is proposed to be developed as an International Public Sector Accounting Standard (IPSAS), with the same level of authority as the accrual-based IPSASs.

The proposed new IPSAS would apply to all public sector entities other than government business enterprises. These entities would be required to issue the financial statement discussion and analysis when they issue financial statements.

The financial statement discussion and analysis would be identified clearly, distinguished from the financial statements, and would apply the same qualitative characteristics as govern the preparation of financial statements.

Comments are requested by July 31, 2012. Click for the IPSASB press release (link to the IFAC's Web site).

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.