IPSASB publishes amendments regarding public sector financial instruments
11 Dec 2020
The International Public Sector Accounting Standards Board (IPSASB) has published 'Non-Authoritative Amendments to IPSAS 41 'Financial Instruments'' with amendments that supplement the IPSASB’s existing guidance in IPSAS 41 for topics that are unique to the public sector and have a significant impact on government finances.
The amendments clarify existing guidance for four public sector instruments:
- Monetary gold;
- Currency in circulation;
- IMF quota subscriptions; and
- IMF special drawing rights.
Please click to access Non-Authoritative Amendments to IPSAS 41 'Financial Instruments', a short introductory webinar and an At a Glance introduction on the IPSASB website.