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Public Sector Accounting Standards Board update

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

02 Aug 2006

We have posted the July 2006 issue of IPSASB Update.

The newsletter reports the decisions made at the meeting of the International Public Sector Accounting Standards Board (IPSASB) 3-6 July 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 IFRSs and projects on several issues on which the IASB is also working, such as the conceptual framework, service concessions, and employee benefits. Click to download:

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