IPSASB issues amendments to keep IPSASs in line with IFRSs
31 Jan 2019
The International Public Sector Accounting Standards Board (IPSASB) has released 'Long-term Interests in Associates and Joint Ventures (Amendments to IPSAS 36) and Prepayment Features with Negative Compensation (Amendments to IPSAS 41)'.
The amendments to IPSAS 36 converge IPSASs 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 amendments to IPSAS 41 converge IPSASs 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.
Please click to access the amendments on the IPSASB website.