IFAC Public Sector Committee update posted

  • IPSAS (International Public Sector Accounting Standards) (old) Image

02 May 2003

We have posted the April 2003 Update (PDF 44k) from the IFAC Public Sector Committee (PSC).

The PSC develops financial reporting standards for national, regional, and local governments and related governmental agencies based on IFRS. Currently, among other things, the PSC is working to develop a Conceptual Framework and an accounting standard on impairment of assets both based on their IASB counterparts.

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