IPSASB ED 68

  • Not-for-profit
  • Public Sector

IPSASB proposes amendments to IPSAS

The International Public Sector Accounting Standards Board (IPSASB) has published for comment Exposure Draft 68 Improvements to IPSAS, 2019 (ED 68). 

ED 68 proposes narrow-scope amendments to a number of IPSAS to either clarify or improve consistency within the suite of IPSAS.

The NZASB is making ED 68 available for comment as part of its usual process for notifying any international developments. Some of the proposed amendments in ED 68 are already included in the PBE Standards and some of the proposed amendments are not applicable to the suite of PBE  Standards. Therefore the NZASB is not intending to make a submission on ED 68.

The XRB’s policy for the ongoing maintenance and enhancement of PBE Standards is set out in the Policy Approach to Developing PBE Standards. This establishes a rebuttable presumption that the NZASB will adopt a new or amended IPSAS. Prior to adopting any amendments based on ED 68, the NZASB would consult via a domestic exposure draft.


Accessing the Consultation Document

Commenting on the Proposal

The NZASB is not intending to make a submission on the proposals. Please send your comments directly to the IPSASB (with a copy to the NZASB) by 30 September 2019.

Your comments can be made electronically to the IPSASB website (www.ifac.org) using the “Submit a Comment” link.  First-time users must register with IFAC to submit electronically.


Upload your submission here

Please use this secure online form.

It has been designed to make your upload safe, quick and easy. 

You can:

  • Upload an MS Word document (and a PDF file, if you wish); or
  • Write your comments below in the space provided.

You can upload up to TWO documents. 

Please note:

  • We would appreciate receiving a copy of your comments in electronic form (preferably Microsoft Word format).  This helps us to more efficiently collate and analyse comments. Please also specify the exposure draft number and title in your electronic file. 

  • Tell us on whose behalf you are making the comments (for example on behalf of a group or an entity).

  • We intend publishing all comments on the XRB website, unless they may be defamatory. If you have any objection to this, we will not publish them. However, they will remain subject to the Official Information Act 1982 and, therefore, may be released in part or in full. The Privacy Act 1993 also applies.

  • If you have an objection to the release of any information contained in your comments, we would appreciate you identifying the parts of your comments to be withheld, and the grounds under the Official Information Act 1982 for doing so (for example, that it would be likely to unfairly prejudice the commercial position of the person providing the information).