INVITATION TO COMMENT ON THE IPSASB CONSULTATION PAPER ON IPSASs AND GOVERNMENT FINANCE STATISTICS REPORTING GUIDELINES (ED 105)
ED 105
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Invitation to Comment on IPSASB Consultation Paper on IPSASs and GFS Reporting Guidelines
ED 105
The purpose of this Exposure Draft is to invite comment on the five specific matters for comment, and one preliminary view reached by the IPSASB.
Invitation to Comment on IPSASB Consultation Paper on IPSASs and GFS Reporting Guidelines
ED 105
Invitation to comment
Comment on this Exposure Draft is invited by 22 March 2013. The comment period is earlier than the comment date of the international Exposure Draft to enable the Board to review and collate the responses received before making its submission to the IPSASB.
Invitation to Comment on IPSASB Consultation Paper on IPSASs and GFS Reporting Guidelines
ED 105
Specific matter for comment 4 (See paragraphs 5.5 to 5.19) Are there other areas where IPSAS changes could address GFS differences? Please describe these. Specific matter for comment 5 (See paragraphs 5.20 to 5.28 and page 39) This CP describes three options concerning IPSAS 22: Option A, revisions to improve IPSAS 22; Option B, withdrawal of IPSAS 22 without replacement; and, Option C, replacement of IPSAS 22 with a new IPSAS. (a) Are there any further IPSAS 22 options that should be considered? If so, what are these? (b) Which one of the options do you consider that the IPSASB should consider adopting?
Preliminary view
Preliminary view 1 (See paragraphs 5.29 to 5.34) The IPSASB should amend Study 14, Transition to the Accrual Basis of Accounting: Guidance for Governments and Government Entities, to include a chapter on IPSAS options that reduce differences with GFS reporting guidelines.
Invitation to Comment on IPSASB Consultation Paper on IPSASs and GFS Reporting Guidelines