IPSASs on Accounting for Interest in Other Entities

The International Public Sector Accounting Standards Board (IPSASB) has published the following five International Public Sector Accounting Standards (IPSASs):

• IPSAS 34, Separate Financial Statements;
• IPSAS 35, Consolidated Financial Statements;
• IPSAS 36, Investments in Associates and Joint Ventures;
• IPSAS 37, Joint Arrangements; and
• IPSAS 38, Disclosure of Interests in Other Entities.

These five standards will replace current requirements in:

• IPSAS 6, Consolidated and Separate Financial Statements;
• IPSAS 7, Investments in Associates; and
• IPSAS 8, Interests in Joint Ventures.