IPSASB 2010 handbook of pronouncements

07 May 2010

The handbook provides a comprehensive set of accounting requirements specifically for preparers of public sector financial statements. It also includes a set of principles that will underpin the IPSASB's standard setting activities for the long-term and maintaining alignment with the IASB’s IFRSs.

IPSASB Publishes 2010 Handbook of Pronouncements
The International Public Sector Accounting Standards Board (IPSASB) published today its 2010 Handbook of International Public Sector Accounting Pronouncements. In two volumes, the handbook contains all current IPSASB pronouncements, including 31 accrual-based standards and the IPSASB's cash basis standard. Five of these standards were approved by the IPSASB in 2009, including requirements and guidance for all aspects of accounting for financial instruments, as well as intangible assets and agriculture.

"The handbook represents the substantial completion of the IPSASB's convergence program and over a decade of work," said IPSASB Chair Andreas Bergmann. "It provides the only global and comprehensive set of accounting requirements and guidance developed specifically for preparers of public sector financial statements. It is also a strong foundation for the next phase of the IPSASB's work, including developing the IPSASB's Conceptual Framework- a set of principles that, following completion, will underpin the IPSASB's standard-setting activities for the long-term-and maintaining alignment with the International Accounting Standards Board's International Financial Reporting Standards (IFRSs)."
 
Press release
Handbook

© IPSASB