The International Public Sector Accounting
Standards Board (IPSASB) is seeking comments on an exposure draft
that proposes improvements to several International Public Sector
Accounting Standards (IPSAS).

The IPSASB said the proposed amendments are
related primarily to requirements for recognition, measurement and
disclosure, and do not represent substantive revisions to the
content of existing standards.

The IPSAS included in the project are:

  • IPSAS 1, Presentation of Financial
  • IPSAS 2, Cash Flow Statements;
  • IPSAS 9, Revenue from Exchange
  • IPSAS 13, Leases;
  • IPSAS 18, Segment Reporting;
  • IPSAS 20, Related Party Disclosures;
  • IPSAS 21, Impairment of Non-Cash Generating

The ED is part of IPSASB’s ongoing annual
improvement project, which intends to increase the usability of the
standards and to maintain alignment with IFRS.

Deadline for comment is 30 June 2010.


How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.