Transfer Expenses

The aim of the project is to develop a standard(s) that provides recognition and measurement requirements applicable to providers of transfer expenses, except for social benefits.

Scope

This project will consider issues related to provision of transfer expenses, except for social benefits.

Current Status of the Project

The IPSASB approved IPSAS 48, Transfer Expenses, which provides guidance on a major area of expenditure for governments and other public sector entities. IPSAS 48 fills a gap which had previously led to ambiguity and inconsistency of accounting policies in the public sector.

IPSAS 48 will be effective for periods beginning on or after January 1, 2026.

Project Contact

• Edwin Ng
• Eileen Zhou