IPSAS Explained : A Summary of Standards and Principles of International Public Sector Accounting Standards

Intro -- IPSAS Explained -- Foreword -- Contents -- Abbreviations -- I. Introduction: General information about IPSASs and the IPSASB -- 1 The International Public Sector Accounting Standards Board -- 1.1 General information -- 1.2 Structure and organization of IPSASB -- 1.3 Objectives of the IPSASB -- 1.4 Governance and oversight of the IPSASB -- 1.5 Members of the IPSASB -- 1.6 The strategy and work plan of the IPSASB -- 2 International accounting standards for the public sector -- 2.1 Overview of international accounting standards for the public sector -- 2.2 History of the International Public Sector Accounting Standards -- 2.3 Applicability of the International Public Sector Accounting Standards -- 2.4 General purpose financial statements -- 2.5 Authority of the International Public Sector Accounting Standards -- 2.6 IPSASs for accrual basis of accounting and cash basis of accounting -- 2.7 Background to the application of international accounting standards for the public sector -- 2.8 Provisions for the transition from the cash basis to the accrual basis of accounting -- 2.9 Procedures for developing accounting standards -- 2.10 Process for reviewing and modifying IASB documents -- 2.11 Process for considering GFS reporting guidelines during development of IPSASs -- 2.12 Current projects of the IPSASB -- 3 IPSASB's Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities -- 3.1 Background -- 3.2 Key characteristics of the public sector -- 3.3 Role and authority of the Framework -- 3.4 Objectives and users of general purpose financial reporting -- 3.5 Qualitative characteristics -- 3.6 Reporting entity -- 3.7 Elements in the financial statements -- 3.8 Recognition in financial statements -- 3.9 Measurement of assets and liabilities in financial statements -- 3.10 Presentation in GPFRs.