Reporting and Fraud Risk Arising from COVID-19 Pose Significant Challenges for Professional Accountants

The COVID-19 pandemic presents unprecedented challenges. Its immediate impact on both individual and societal wellbeing cannot be overstated.
The IPSASB has published a webpage to address the impacts of COVID-19. On this page, you will find a message from IPSASB Chair, Ian Carruthers, guidance from staff on IPSAS implications related to COVID-19, and other useful materials about maintaining strong public financial management given today's challenging circumstances.
The International Ethics Standards Board for Accountants (IESBA) Technology Group Phase One Report explores the ethical implications of technology on the accounting, assurance, and finance functions.
The Report is the culmination of work the global ethics standards setting board initiated in recognition of the pace and magnitude of change caused by disruptive technological innovations.
Collective and Individual Services (Amendments to IPSAS 19) addresses transactions for collective and individual services. Transfers such as s grants and contributions will be addressed in a subsequent ED.