Latest IPSAS-IFRS Alignment Dashboard shows alignment between standards
Comparability and interoperability between different reporting standards is an ever-important topic within business reporting. One source for understanding alignment is the IPSAS-IFRS Alignment Dashboard, which was recently updated, providing a useful resource for anyone who wants to understand where the two standards align and depart.
The International Public Sector Accounting Standards Board (IPSASB) is responsible for developing the Public Sector Accounting Standards (IPSAS), which are used for government and public sector financial reporting. The Alignment Dashboard shows the alignment of the IPSAS with corresponding International Financial Reporting Standards (IFRS).
Read more here.
