Improvements to IPSAS 2021

The International Public Sector Accounting Standards Board (IPSASB) have issued an Exposure Draft (ED) proposing minor amendments to IPSAS in response to stakeholder feedback and narrow scope amendments to IFRS® Standards. 

Some of the ED 80 amendments have 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. 

Consultation Document 

IPSASB ED 80 – Improvements to IPSAS, 2021

Commenting on the Proposals 

Comments can be made directly to the IPSASB, with a copy to the NZASB. The IPSASB’s closing date for comments is 30 September 2021.