IPSASB releases proposed amendments to keep IPSASs in line with IFRSs

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20 Aug 2018

The International Public Sector Accounting Standards Board (IPSASB) has released Exposure Draft 66 'Long-term Interests in Associates and Joint Ventures (Amendments to IPSAS 36) and Prepayment Features with Negative Compensation (Amendments to IPSAS 41)'.

The proposed amendments to IPSAS 36 would converge IPSAS with the narrow-scope amendments to IAS 28 Investments in Associates and Joint Ventures made by the IASB in Long-term Interests in Associates and Joint Ventures (Amendments to IAS 28) issued October 2017.

The proposed amendments to IPSAS 41 would converge IPSAS with the narrow-scope amendments to IFRS 9 Financial Instruments made by the IASB in Prepayment Features with Negative Compensation (Amendments to IFRS 9) also issued October 2017.

Comments on the exposure draft are requested by 22 October 2018. It can be accessed here on the IPSASB website.

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