IPSASs and Government Finance Statistics Reporting Guidelines
Consultation Paper

The Consultation Paper (CP), IPSASs and Government Finance Statistics Reporting Guidelines, aims to help reduce differences between Government Finance Statistics (GFS) reporting guidelines and International Public Sector Accounting Standards (IPSASs).

It was developed by a Task Force that includes representation from both the IPSASB and the statistical community, including international organizations such as the IMF and Eurostat, and national representatives from Brazil, the United Kingdom, South Africa, and Switzerland. The CP provides an overview of differences between GFS reporting guidelines and IPSASs, and identifies opportunities to reduce these differences for consideration by either the IPSASB or the statistical community.

Additionally, it aims to support governments’ use of integrated financial information systems that can generate both IPSAS financial statements and GFS reports. Use of audited financial reporting data prepared on an accrual basis will substantially improve the data used for the preparation of GFS reports and therefore for policy making.

IPSASs and Government Finance Statistics Reporting Guidelines (PDF | 498K)
Date: Oct 17, 2012

At a Glance: IPSASs and Government Finance Statistics Reporting Guidelines (PDF | 159K)
Date: Oct 17, 2012

Related Resources

• Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities: Elements and Recognition in Financial Statements
• Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities: Measurement of Assets and Liabilities in Financial Statements
• IPSASB Consultation Paper on 2013-2014 Work Program
• IPSASB Exposure Draft 47 - Financial Statement Discussion and Analysis
• Public Sector Combinations