Public Sector Accounting Standards Board update

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

21 Apr 2006

We have posted the April 2006 issue of IPSASB Update.

The newsletter reports the decisions made at the meeting of the International Public Sector Accounting Standards Board (IPSASB) in late March 2006. The IPSASB develops standards for accounting and financial reporting by national, regional, and local governments and related governmental agencies. Those standards are generally based on IFRSs, and profit-oriented government business enterprises are required to comply directly with IFRSs. The IPSASB's current work programme includes an ongoing project on 'Convergence with International Financial Reporting Standards (IFRSs) issued by the IASB':

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