Current Status of the Project
The IPSASB approved the Project Brief, Strengthening Linkages Between IPSAS Standards and the GFSM at the March 2025 meeting.
A new IPSAS Standards-GFSM Alignment Dashboard was created to support the development of the project. The Exposure Draft with proposed non-authoritative guidance is expected to be published in Q4 2025.
Project Timeline
The project timeline is depicted below. Please note that these are current targeted milestones/phases and may change as the work in this area progresses.
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Objective
The objective of this project is to strengthen the linkages between IPSAS Standards and GFSM to help public sector entities maximize the extent to which they can draw on IPSAS Standards-based information in preparing statistical information that is used by decision-makers and for accountability purposes.
Why the IPSASB Undertook this Project
This project is the continuation of more than 20 years of harmonization of public sector accounting and collaboration with the statistical community to strengthen linkages between IPSAS Standards and GFSM.
Task Force Members
- Ian Carruthers, Chair, IPSASB
- Mariana Sabates, Senior Economist, IMF
- John Verrinder, Head of Unit, Eurostat
- Marc Wermuth, Statistical Methodologist and Accounting Policy Specialist, Swiss Federal Finance Administration
Contact
Published Documents and Support
Documents in this section include:
- Major documents published by the IPSASB during the lifecycle of the project including: Consultation Papers, Exposure Drafts, issued IPSAS, amendments to IPSAS, and other similar due process documents;
- Supporting material related to each published document including: snapshots, webinars, and other material; and
- The project-relevant IPSASB agenda papers.
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