Exposure Drafts and Consultation Papers

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  Published: Jan 31, 2018

  English

   

  Comments due by:
  Jun 30, 2018

• Exposure Draft 64, Leases

  The International Public Sector Accounting Standards Board (IPSASB) has issued Exposure Draft 64, Leases.

  The Exposure Draft proposes a single right-of-use model for lease accounting that will replace the risks and rewards incidental to ownership model in IPSAS 13, Leases. 

  For lessees, ED 64 proposes accounting requirements that are converged with IFRS 16, Leases issued by the International Accounting Standards Board. For lessors, ED 64 proposes a right-of-use model specifically designed for public sector financial reporting.

  ED 64 also proposes new public sector specific accounting requirements for leases at below market terms (also known as "concessionary leases") for both lessors and lessees.

   
  

  (PDF | 1.2 MB)

  

  (PDF | 309K)
   
   

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  Submitted Comment Letters

  1. Alvaro Fonseca Vivas
  January 31, 2018

  2. The Institute of Certified Public Accountants in Ireland (Ireland)
  April 2, 2018

  3. The Institute Of Chartered Accountants (Ghana) (Ghana)
  April 3, 2018

  4. Auckland Council
  April 18, 2018

  5. International Consortium on Government Financial Management (ICGFM)
  May 2, 2018

  6. CNOCP
  May 15, 2018

  7. Ichabod's Industries Ltd (United Kingdom)
  June 25, 2018

  8. Swiss Public Sector Financial Reporting Advisory Comittee (Switzerland)
  June 25, 2018

  9. Task force IRSPM A&A SIG, CIGAR Network, EGPA PSG XII
  June 25, 2018

  10. CPA Australia
  June 26, 2018

  11. The Japanese Institute of Certified Public Accountants (Japan)
  June 27, 2018

  12. Public Sector Accounting Standards Board Kenya (Kenya)
  June 28, 2018

  13. Office of the Auditor-General, New Zealand (New Zealand)
  June 28, 2018

  14. Treasury Board Secretariat Canada (Canada)
  June 28, 2018

  15. Pan African Federation of Accountants
  June 28, 2018

  16. ACCA and CA ANZ
  June 28, 2018

  17. The Treasury (New Zealand)
  June 28, 2018

  18. Wellington City Council
  June 28, 2018

  19. Korea Institute of Public Finance (Korea, Republic of)
  June 29, 2018

  20. Institut der Wirtschaftspruefer in Deutschland e.V. (IDW) (Germany)
  June 29, 2018

  21. Association of National Accountants of Nigeria - ANAN (Nigeria)
  June 29, 2018

  22. CIPFA (United Kingdom)
  June 29, 2018

  23. The Institute of Chartered Accountants of India (India)
  June 29, 2018

  24. PwC
  June 29, 2018

  25. Accounting Standards Board (South Africa)
  June 30, 2018

  26. National Board Of Accountants And Auditors (Tanzania, United Republic of)
  June 30, 2018

  27. New Zealand Accounting Standards Board (New Zealand)
  July 1, 2018

  28. ICAEW (United Kingdom)
  July 2, 2018

  29. Australasian Council of Auditors-General (ACAG)
  July 2, 2018

  30. Malaysian Institute of Accountants
  July 3, 2018

  31. David Hardidge
  July 3, 2018

  32. Ernst and Young GmbH
  July 4, 2018

  33. European Commission
  July 4, 2018

  34. Heads of Treasuries Accounting and Reporting Advisory Committee (HoTARAC) (Australia)
  July 6, 2018

  35. Kalar Consulting Ltd (United Kingdom)
  July 6, 2018

  36. Government of the Province of British Columbia (Canada)
  July 12, 2018

  37. Public Sector Accounting Board (Canada)
  July 13, 2018

  38. Conselho Federal de Contabilidade (CFC) (Brazil)
  July 19, 2018

  39. DGFiP (France)
  July 23, 2018

   

  Related Resources

  • 2016 Handbook of International Public Sector Accounting Pronouncements
  • Amendments to IPSAS 36, Investments in Associates and Joint Ventures, and IPSAS 41, Financial Instruments
  • Exposure Draft 67, Collective and Individual Services and Emergency Relief (Amendments to IPSAS 19)
  • IPSAS 42, Social Benefits
  • IPSASB Delivers Guidance on Significant Areas of Public Expenditure

  Find more publications & resources related to:
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