What is IPSAS 8?
What is IPSAS 8?
IPSASs aim to improve the quality of general purpose financial reporting by public sector entities, leading to better informed assessments of the resource allocation decisions made by governments, thereby increasing transparency and accountability. IPSAS 8, Interests in Joint Ventures.
What does IPSASB do?
The International Public Sector Accounting Standards Board® (IPSASB®) works to improve public sector financial reporting worldwide through the development of IPSAS®, international accrual-based accounting standards, for use by governments and other public sector entities around the world. IPSASB Opens Call for Papers for 3rd Research Forum
What is the difference between IPSAS 41 and IPSAS 42?
IPSAS 41 Financial Instruments shall apply from 1 January, 2022, with earlier application permitted. An entity shall apply IPSAS 42 for annual financial statements covering periods beginning on or after January 1, 2022.
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