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IPSAS

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AcronymDefinition
IPSASInternational Public Sector Accounting Standard
IPSASInstitute of Political Science Academia Sinica (est. 1994; Taiwan)
IPSASInstitute of Physics of the Slovak Academy of Sciences (Slovakia)


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The training will focus on the preparation of financial statements under the current and the yet to be adopted IPSAS standards using the cash basis of accounting.
[ILLUSTRATION OMITTED] A new standard, IPSAS 24, Presentation of Budget Information in Financial Statements, applies to entities that adopt the accrual basis of financial reporting.
ED 25, Equal Authority of Paragraphs in IPSASs, proposes that the Preface to International Public Sector Accounting Standards be revised to clarify that all paragraphs within IPSASs have the same authority.
 
 
 
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