IPSAS
International Public Sector Accounting Standards (IPSAS) 2009
Two parts of the International Public Sector Accounting Standards (IPSAS) 2009 issued for the second consecutive year.
The amendments to the 2009 edition including the addition of new definitions, and the revision of the "firm", "network" and "network firm" definitions which are effective for assurance reports dated on or after December 31, 2008. These definitions were added to the Code of Ethics for Professional Accountants. Accordingly, the paragraphs following the new ones were numbered as 290, 14-290, 26.
In addition, the International Ethics Standards Board for Accountants "IESBA" issued two proposed exposure drafts for the revised existing section 290 "Independence- Assurance and Revision Engagements" and proposed revised section 291 "Independence- Other Assurance Engagements".
Handbook of International Public Sector Accounting Standards (IPSAS) 2008
the latest Arabic translation of Handbook of International Public Sector Accounting Standards, in two parts for the first time. For 2008, the International Public Sector Accounting Standards Board (IPSASB) has finalized and published the following standards:-
- IPSAS 4, “The Effects of Changes in Foreign Exchange Rates” (Revised;
- IPSAS 25, “Employee Benefits”;
- IPSAS 26, “Impairment of Cash-Generating Assets.”;
- The Cash Basis IPSAS, “Financial Reporting under the Cash Basis of Accounting” .
In addition, the following IPSASs were amended by the issuance of IPSAS 26:-
- IPSAS 21, “Impairment of Non-Cash Generating Assets”; and
- "Glossary of Defined Terms.”
Handbook of International Public Sector Accounting Pronouncements 2007
This publication includes the following 3 new Redrafted Standards:-
- IPSAS 22, “Disclosure of Financial Information About the General Government Sector”;
- IPSAS 23, “Revenue from Non-Exchange Transactions (Taxes and Transfers)”; and
- IPSAS 24, “Presentation of Budget Information in Financial Statements.”