IPSAS 42: Social Benefits
What IPSAS 42 Is About Governments hand cash to people who face the hard turns of life: old age, disability,...
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IPSAS 32: Service Concession Arrangements
What IPSAS 32 Is About Governments often need a road, a hospital or a water plant, but lack the cash...
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IPSAS 19 Provisions
What IPSAS 19 Is About IPSAS 19 keeps the statement of financial position honest about uncertainty. It deals with three...
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IPSAS 26 —Impairment of Cash-Generating Assets
IPSAS 26 — Impairment of Cash-Generating Assets Scope of IPSAS 26 IPSAS 26 applies to cash-generating assets. These are assets...
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IPSAS 21 — Impairment of Non-Cash-Generating Assets
IPSAS 21 — Impairment of Non-Cash-Generating Assets Scope of IPSAS 21 IPSAS 21 applies to non-cash-generating assets. These are assets...
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IPSAS 39 Employee benefits
Scope of IPSAS 39 IPSAS 39 applies when a public entity receives service from employees and gives benefits in return....
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IPSAS 27 Agriculture
Scope of IPSAS 27 IPSAS 27 does not apply to every animal, tree, or farm-related item. It applies where a...
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IPSAS 44 Non-current Assets Held for Sale and Discontinued Operations
IPSAS 44 answers two related questions. First, when does a non-current asset stop being “in use” and start being “for...
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IPSAS 12 Inventories: A Public Sector Practitioner’s Guide
Inventory in the public sector rarely looks like a shop’s stockroom. It is military stores, strategic fuel reserves, unissued postal...
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Expected Credit Losses under IPSAS 41 — Part 2: The Simplified Approach
For trade receivables, lease receivables, and contract assets — skip the staging and go straight to lifetime ECL. With a...
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Expected Credit Losses under IPSAS 41 — Part 1: Foundations & the General Approach
From the salary overpayment on your books to the guarantee on a state corporation’s bank loan — how ECL actually...
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IPSAS 41 Financial Instruments: A Public Sector Practitioner’s Guide (with Worked Examples)
This is Part 1 of a three-part series. Parts 2 and 3 will go deep into Expected Credit Losses (ECL)...
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