Tier 1 and Tier 2

Improvements to IPSAS, 2021

The IPSASB has issued Exposure Draft (ED) 80, Improvements to IPSAS, 2021 for comment.

The ED proposes minor amendments to IPSAS which have been identified by stakeholders. It also proposes amendments based on recent improvements and narrow scope amendments to IFRS® Standards.

Some of the ED 80 amendments have already been included in PBE Standards (for example, those relating to Interest Rate Benchmark Reform – Phase 1 and 2). Others will be considered in due course.

Commenting on the Proposals

You can make your comments directly to the IPSASB, with a copy to the NZASB. The IPSASB’s closing date for comments is 30 September 2021.