International Public Sector Accounting Standards (IPSAS)
Thought leadership and tools
This first edition of illustrative annual consolidated financial statements of Model Public Sector Group has been prepared by EY to assist clients in preparing their own financial statements in accordance with IPSAS in issue at 30 June 2013 and effective for annual periods beginning on 1 January 2013.
2. IPSAS Outlook is EY’s quarterly newsletter providing insights on current and emerging public sector accounting issues.
- Spotlight on Nigeria's IPSAS implementation
- The South African experience and IPSASB’s ED on first-time adoption of IPSAS
- The role of ESAAG in promoting IPSAS adoption in east and southern Africa
- Consultation on the IPSASB’s governance and oversight
- The IPSASB issues ED 54 and policy paper
- Update on the review of IPSASs 6−8
- Summary of ED on First-time Adoption of Accrual Basis IPSASs
- Latest developments in European Public Sector Accounting Standards
- Highlights from our global IPSAS update webcast
- IPSASB publishes RPG 1 Long-Term Sustainability of Public Finances and RPG 2 Financial Statement Discussion and Analysis
- IPSASB project update
- EY and CIPFA Eurostat IPSAS report briefing event - a summary report
- Interview with Eurostat’s Alexandre Makaronidis
- IPSASB issues Conceptual Framework ED on presentation
- IPSASB project update
- Interview with IMF Senior Economist, Abdul Khan
- Responses are in – Eurostat public consultation on the suitability of IPSAS for EU Member States
- GAAP comparison between IPSAS and IFRS
- IPSASB project update (including summary of December 2012 IPSASB meeting)
- Q&A with IPSASB Chairman, Andreas Bergmann
- A presentation framework for public sector entities
- IPSASB Project update (including summary of September 2012 IPSASB meeting)
IPSAS Explained (2nd Edition) – a summary of International Public Sector Accounting Standards; includes an update of the standards as well as additional information about IPSAS, the IPSAB Board and the current public sector accounting environment.
3. Comment Letters – public comment letters submitted on current projects
4. Toward Transparency (2011) – a comparative study on the challenges of reporting for governments and public bodies around the world
5. Toward Transparency (2010) – a comparative study of governmental accounting in Europe
We have developed the following tools for use in the conversion process:
- IPSAS Disclosure Checklist - The September 2012 IPSAS Disclosure Checklist is now available for use. This edition of the checklist is applicable for entities with a year-end of 31 December 2012 or thereafter.
- Comparison of IPSAS and IFRS requirements
- GAAP differences between IPSAS and IFRS - This publication highlights the key differences between the IPSAS and IFRS frameworks.
- Templates and additional checklists