Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities: Measurement of Assets and Liabilities in Financial Statements

Exposure Draft

IPSASB

Nov 7, 2012 | Exposure Drafts and Consultation Papers

English

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Comments due by: Apr 30, 2013

Conceptual Framework Exposure Draft (ED) 3, Measurement of Assets and Liabilities in Financial Statements, identifies the measurement concepts that should guide the IPSASB in the selection of measurement bases for International Public Sector Accounting Standards. The ED stresses the importance of selecting measurement bases that meet the objectives of financial reporting-decision making and accountability.

Many assets in the public sector are held for their operational capacity and, therefore, entry values that reflect the cost of purchase are likely to be adopted in many situations.

An At a Glance Publication provides an overview of Conceptual Framework Exposure Draft (ED) 3.

Submitted Comment Letters

Association of Government Accountants (105.1 KB)
(United States of America)

Jan 23, 2013
Wellington City Council (41.97 KB)
(New Zealand)

Mar 10, 2013
School of Accounting and Commercial Law, Victoria University of Wellington (1.61 MB)
(New Zealand)

Mar 18, 2013
The Institute of Chartered Accountants of Nigeria (ICAN) (1.49 MB)
(Nigeria)

Mar 20, 2013
Swiss Public Sector Financial Reporting Advisory Committee (47.72 KB)
(Switzerland)

Mar 28, 2013
APV Valuers & Asset Management (846.89 KB)
(Australia)

Apr 2, 2013
Public Sector Accounting Board (204.21 KB)
(Canada)

Apr 10, 2013
Conseil de normalisation des comptes publics (CNOCP) (219.66 KB)
(France)

Apr 15, 2013
Federation of European Accountants (FEE) (54.52 KB)
(Belgium)

Apr 16, 2013
Accounting Standards Board (ASB) (274.41 KB)
(South Africa)

Apr 19, 2013
New Zealand Accounting Standards Board (174.82 KB)
(New Zealand)

Apr 21, 2013
Association of Chartered Certified Accountants (ACCA) (50.59 KB)
(United Kingdom)

Apr 22, 2013
KPMG IFRG Limited (166.59 KB)
(United Kingdom)

Apr 22, 2013
Australasian Council of Auditors-General (55.53 KB)
(Australia)

Apr 28, 2013
Instituut van de Bedrijfsrevisoren/Institut des Réviseurs d'Entreprises (125.01 KB)
(Belgium)

Apr 29, 2013
Swedish National Financial Management Authority (ESV) (73.4 KB)
(Sweden)

Apr 29, 2013
Institute of Certified Public Accountants of Kenya (ICPAK) (110.98 KB)
(Kenya)

Apr 30, 2013
Institut der Wirtschaftspruefer in Deutschland e.V. (IDW) (60.74 KB)
(Germany)

Apr 30, 2013
Chartered Institute of Public Finance and Accountancy (CIPFA) (177.92 KB)
(United Kingdom)

Apr 30, 2013
Zambia Institute of Chartered Accountants (ZICA) (170.51 KB)
(Zambia)

Apr 30, 2013
Government of Manitoba (158.96 KB)
(Canada)

Apr 30, 2013
University of Tampere, School of Management (180.8 KB)
(Finland)

Apr 30, 2013
The Institute of Chartered Accountants of Jamaica (ICAJ) (102.97 KB)
(Jamaica)

Apr 30, 2013
The Japanese Institute of Certified Public Accountants (38.19 KB)
(Japan)

Apr 30, 2013
Wales Audit Office (207.27 KB)
(United Kingdom)

Apr 30, 2013
Cour des comptes (129.21 KB)
(France)

Apr 30, 2013
United Nations system Task Force on Accounting Standards (86.49 KB)
(United States of America)

May 1, 2013
Heads of Treasuries Accounting and Reporting Advisory Committee (HoTARAC) (4.42 MB)
(Australia)

May 3, 2013
Denise Silva Ferreira Juvenal (70.45 KB)
(Brazil)

May 4, 2013
Province of Ontario - Office of the Provincial Controller (60.81 KB)
(Canada)

May 5, 2013
Abu Dhabi Accountability Athority (ADAA) (207.22 KB)
(United Arab Emirates)

May 6, 2013
Direction Générale des Finances Publiques (DGFiP) (433.14 KB)
(France)

May 7, 2013
Malaysian Institute of Accountants (437.88 KB)
(Malaysia)

May 7, 2013
European Commission (210.16 KB)
(Belgium)

May 8, 2013
Joint Accounting Bodies (206.21 KB)
(Australia)

May 9, 2013
Ernst & Young (104.25 KB)
(United Kingdom)

May 13, 2013
CAPE for UK FRC (117.15 KB)
(United Kingdom)

May 15, 2013
Governmental Accounting Standards Board (GASB) (136.52 KB)
(United States of America)

May 31, 2013
Australian Accounting Standards Board (AASB) (318.13 KB)
(Australia)

Jun 3, 2013