PBE IPSAS 38 Disclosure of Interests in Other Entities

  • Not-for-profit
  • Public Sector

Requires an entity to disclose information that enables users of its financial statements to evaluate:

  1. The nature of, and risks associated with, its interests in controlled entities, unconsolidated controlled entities, joint arrangements and associates, and structured entities that are not consolidated; and
  2. The effects of those interests on its financial position, financial performance and cash flows.
  • PBE IPSAS 38 – This version is effective for reporting periods beginning on or after 1 Jan 2019 (early adoption permitted)

    Date of issue: Jan 2017 Date compiled to: 31 Jan 2019 (excludes PBE IFRS 9)
    Additional material: IPSAS 38 IPSASB BC (Handbook of IPSAS Pronouncements)

Amendments

  • 2018 Omnibus Amendments to PBE Standards – The amendments to PBE IPSAS 38 are be applied retrospectively for annual financial statements covering periods beginning on or after 1 Jan 2019