Emissions Trading Schemes

  • Emissions Trading Schemes

    Staff

    John Stanford

    Task Force

    A Task-Based Group will be established.

    Objective(s) of project

    The aim of the project is to develop a standard(s) that provides requirements both administrators and participants in Emissions Trading Schemes (ETS).

    Scope

    This project will consider issues related to ETS from the perspective of both administrators and participants.

    Background

    The IPSASB does not have a standard on Emissions Trading Schemes. This project is consistent with the IPSASBs strategic priority of developing requirements and guidance on both public sector specific issues (administrators) and IFRS convergence (participants).

    Issues

    Issues the project will consider include (but are not limited to):

    • Scope of the schemes covered by the project
    • At what point do present obligations and liabilities arise for administrators
    • When do assets arise for administrators and participants
    • How should assets be measured
    • How should administrators account for permits/allowances that are auctioned
    • What disclosures should be required

    Task Force progress / Board discussions to date

    Board discussion to date

  •  
 

Important Note: Please read our website Terms of Use.

ALL RIGHTS ARE RESERVED. You may not reproduce, store or transmit in any form or by any means, electronic or otherwise, including photocopying, recording, or storage in any type of reference or information retrieval system, nor may you translate, modify or create derivative works or adaptations based on the text of any file, or any part thereof, without the prior written permission of the International Federation of Accountants (IFAC). Please direct permission requests to permissions@ifac.org. See also Permissions Information.