XRB draft comment letter on the IPSASB 2025 Work Program Consultation
The XRB has issued a Draft Comment Letter (DCL) for public consultation in response to the IPSASB 2025 Work Program Consultation.
The XRB supports the IPSASB’s initiative to review its work programme for 2026 and beyond. In the DCL we commented on accounting and sustainability matters. The sustainability matters included in the DCL:
Encourages the IPSASB to undertake a research project on the architecture of its existing literature, to clarify where guidance is best situated and to clearly define the applicability of different types of guidance, including materiality considerations.
Emphasises the need for early and clear articulation of the decisions that any new standard or guidance is intended to inform, along with its scope and primary users.
Supports a considered approach to new projects through leveraging existing frameworks, collaborating with other standard setters and drawing on practical experience and relevant research.
The XRB is seeking stakeholder feedback on the DCL to inform its final submission to the IPSASB.
To allow stakeholders sufficient time to consider the DCL, the deadline for submissions has been extended to Monday, 13 April 2026.
For further detail on this consultation, see the XRB website.
