IPSASB conforms its foreign currency standard to IAS 21
14 Apr 2008
The International Public Sector Accounting Standards Board (IPSASB) updated its International Public Sector Accounting Standard 4 The Effects of Changes in Foreign Exchange Rates to form it to the latest version of IAS 21.
The revised IPSAS 4 can be downloaded without charge from the IFAC's Website. Click for Press Release (PDF 27k).