New research has found only 9% of local authority 2020-21 audits were completed by the statutory deadline of 30 September 2021, highlighting the crisis in the local audit market.
Michael Sunderland is the Deputy Director Government Financial Reporting at HM Treasury. He talks to ICAEW Insights about government balance sheet management.
The third instalment in a series looking at the differences between International Financial Reporting Standards (IFRS) and International Public Sector Accounting Standards (IPSAS), and the suitability of each for public sector financial reporting.
Implementing the UN Sustainable Development Goals is no mean feat, but progress must be made. Josette Caruana talks us through the work she is doing with Giovanna Dabbicco on the Global Reporting Initiative, and its relevance for the achievement of SDGs.
What are the key financial reporting projects currently being worked on by the International Public Sector Accounting Standards Board (IPSASB)?
What do governments need to be thinking about in accounting for financial loan guarantees?
The International Public Sector Accounting Standards Board (IPSASB) held their first virtual board meeting in June, due to the restrictions imposed by COVID-19. Henning Diederichs FCA provides a brief update on developments.
Q&A document highlighting the relevant standards and guidance to help stakeholders in the public sector understand how to provide clear, comparable, and relevant information on climate change.
Reports and analysis
Access a range of resources from IPSASB to help maintain strong public financial management during the pandemic.
16 April 2020: The International Public Sector Accounting Standards Board (IPSASB) has issued a Q&A publication
A response dated 10 November 2020 to an invitation to comment published by the UK Endorsement Board in October 2020.
An ICAEW discussion paper to help generate a broad consensus on how to achieve reform of public sector accounting across Europe by 2025.