Public Sector Combinations

  • Public Sector Combinations

    Project Status

    The IPSASB approved the Consultation Paper (CP), Public Sector Combinations in June 2012.  It has a response date of October 31, 2012.

    Staff

    João Fonseca
    João Fonseca

    Task Force

    Stuart Barr, Guohua Huang, Leonardo Nascimento, Adriana Tiron Tudor, Abdullah Yusuf, and Baudouin Griton.

    Objective(s) of project

    To prescribe the accounting treatment for public sector combinations.

    Scope

    The development of a new standard setting out the classification and measurement of public sector combinations (i.e., transactions or other events that bring two or more separate operations into a single public sector entity).

    Issues

    Issues the project needs to take into consideration include (but are not necessarily limited to):

    • entities under common control;
    • amalgamations of cities/municipalities; and
    • transfer of activities from central government to local government or vice versa.

    Task Force progress / Board discussions to date

    Board discussions to date

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