Consultation Paper, Measurement

IPSASB

Apr 30, 2019 | Exposure Drafts and Consultation Papers

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Comments due by: Oct 14, 2019

This Consultation Paper is the IPSASB’s first step in establishing a comprehensive measurement framework for the public sector. The Consultation Paper focuses on better aligning the IPSAS measurement requirements with those established in the Conceptual Framework. This project sets out to:

Issue amended IPSAS with revised requirements for measurement at initial recognition, subsequent measurement, and measurement-related disclosure;
Provide more detailed guidance on the implementation of historical cost, replacement cost, fulfillment cost, and fair value, and the circumstances under which these measurement bases will be used; and
Address transaction costs and borrowing costs.

In an effort to better communicate with its constituents the IPSASB is testing a new consultation approach. This approach provides both:

A concepts-based discussion, in the Consultation Paper, which identifies areas where the IPSASB has reached preliminary views; and
An Illustrative Exposure Draft, which illustrates what a draft IPSAS could look like, given the IPSASB’s preliminary views.

Please note that comment letters are now due by October 14, 2019.

Submitted Comment Letters

Halimeh Rahmani (83.04 KB)
(Iran)

May 14, 2019
International Consortium on Government Financial Management (ICGFM) (183.02 KB)
()

Sep 11, 2019
Accountancy Europe (114.06 KB)
()

Sep 13, 2019
New Zealand Accounting Standards Board (333.62 KB)
()

Sep 18, 2019
John Milne (19.32 MB)
(New Zealand)

Sep 25, 2019
Valuology (169.39 KB)
()

Sep 26, 2019
South African Accounting Standards Board (225.56 KB)
()

Sep 26, 2019
Ministry of Finance, Province of British Columbia (206.71 KB)
(Canada)

Oct 4, 2019
Swiss Public Sector Financial Reporting Advisory Committee (236.15 KB)
(Switzerland)

Oct 8, 2019
GAFSC (204.99 KB)
(Korea)

Oct 9, 2019
CIPFA (252.94 KB)
(United Kingdom)

Oct 10, 2019
Treasury Board Secretariat Canada (1.15 MB)
()

Oct 10, 2019
The Japanese Institute of Certified Public Accountants (207.08 KB)
(Japan)

Oct 10, 2019
ICAEW (257.48 KB)
(United Kingdom)

Oct 11, 2019
Chartered Accountants Australia and New Zealand & CPA Australia (219.92 KB)
()

Oct 13, 2019
Liquid Pacific (318.33 KB)
(Australia)

Oct 14, 2019
Public Sector Accounting Standards Board- Kenya (3.18 MB)
(Kenya)

Oct 14, 2019
European Commission (559.63 KB)
()

Oct 14, 2019
ACCA (184.54 KB)
()

Oct 14, 2019
EY (247.66 KB)
()

Oct 14, 2019
NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS - TANZANIA (731.55 KB)
(Tanzania, United Republic of)

Oct 14, 2019
Conselho Federal de Contabilidade (CFC) (106.57 KB)
(Brazil)

Oct 14, 2019
The Pan African Federation of Accountants (PAFA) (208.7 KB)
()

Oct 14, 2019
David Hardidge (1.09 MB)
(Australia)

Oct 16, 2019
Conseil de normalisation des comptes publics (205.22 KB)
(France)

Oct 21, 2019
WSP Opus (406.57 KB)
(New Zealand)

Oct 28, 2019
APV (567.67 KB)
(Australia)

Oct 31, 2019
Task force IRSPM A&A SIG, CIGAR Network, EGPA PSG XII (128.21 KB)
()

Oct 31, 2019
HoTARAC (619.05 KB)
(Australia)

Oct 31, 2019
Malaysian Institute of Accountants (MIA) (3.21 MB)
(Malaysia)

Oct 31, 2019
Public Sector Accounting Board (227.86 KB)
(Canada)

Oct 31, 2019
Institute of Chartered Accountants of Zimbabwe (652.23 KB)
()

Nov 1, 2019