IPSASB publishes COVID-19 guidance
07 April 2020
The International Public Sector Accounting Standards Board (IPSASB) has published
'COVID-19: Relevant IPSASB Accounting Guidance'. The questions and answers
publication was issued by the staff of the IPSASB to provide insight into the
financial reporting issues associated with COVID-19 government responses.
The objective of the document is to indicate the accounting implications of
COVID-19-related government initiatives, including how IPSAS and other IPSASB guidance
deal with transactions and events which arise because of the pandemic. The publication
does not constitute an authoritative pronouncement of the IPSASB, nor does it intend to
amend, or override the requirements of existing IPSAS or provide further implementation
guidance.
Please click to access the publication on the IPSASB website.