Measurement – Application of Current Operational Value

The objective of this phase of the measurement project to evaluate the applicability of current operational value in IPSAS that permit the use of current value at initial recognition and subsequent measurement, which were not explicitly considered in the first phase of the project.

Current Status of the Project

The IPSASB discussed the applicability of current operational value for assets in scope of IPSAS 31, Intangible Assets, and reviewed the draft ED that includes amendments to inventories, intangible assets, impairment of non-cash-generating assets, accounting estimates, and current value measurement disclosures.

Due Process Checklist

Project Contact

• Agustina Llambi
• John Stanford

Task Force

• David Watkins (Chair)
• Takeo Fukiya
• Liang Yang
• Marc Wermuth
• Shahad Alshehri
• Todd Beardsworth