IPSASB RELEASES BRACE OF EXPOSURE DRAFTS

摘要

The International Public Sector Accounting Standards Board (IPSASB) has released two exposure drafts (ED) as part of the project to develop a conceptual framework for the general purpose financial reporting of public sector entities. Exposure draft 2, Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities: Elements and Recognition in Financial Statements, refines the issues highlighted in the original consultation paper published in 2010 and reflects the IPSASB's assessment of the responses to that paper, as well as outlining a framework of recommended content to be included in financial statements.