The International Public Sector Accounting
Standards Board (IPSASB) has released a two volume handbook
containing all IPSASB pronouncements.
The Handbook of International Public
Sector Accounting Pronouncements includes 31 accrual-based
standards and the IPSASB’s cash basis standard.
IPSASB chair Andreas Bergmann said the
handbook provides the only global and comprehensive set of
accounting requirements and guidance developed specifically for
public sector financial statements.
“[The handbook] is also a strong foundation
for the next phase of the IPSASB’s work, including developing the
IPSASB’s Conceptual Framework – a set of principles that, following
completion, will underpin the IPSASB’s standard-setting activities
for the long-term,” Bergmann said.