2010 handbook of pronouncements.
"It provides the only global and comprehensive set of accounting requirements and guidance developed specifically for preparers of public sector financial statements," Andreas Bergmann, chair, IPSASB, says. "It 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--and maintaining alignment with the International Accounting Standards Board's International Financial Reporting Standards (IFRS)."
Under the convergence program, the IPSASB achieved substantial convergence with the IFRS requirements as of Dec. 31, 2008, that are relevant for the public sector.
The handbook can be downloaded free of charge in PDF format or ordered in print from IFAC's publications and resources site; web.ifac.org/publications.
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|Date:||Jun 1, 2010|
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