The objective the IESBA’s Role and Mindset Expected of Professional Accountants (Role and Mindset) project is to ensure that the Code promotes the role, mindset and behavioral characteristics expected of all professional accountants when performing their professional activities.
El Consejo de Normas Internacionales de Contabilidad del Sector Público (The International Public Sector Accounting Standards Board® o IPSASB®) ha publicado para recibir comentarios del público su Proyecto de Norma (ED) número 63, Beneficios sociales, que aborda el tema de la contabilidad para la prestación de beneficios sociales, tales como los beneficios por retiro, por desempleo y por incapacidad.
Estas propuestas tienen como objetivo mejorar la coherencia, la transparencia y la información de las entidades del sector público sobre planes de beneficios sociales, que representan una gran parte del desembolso gubernamental en la mayoría de las jurisdicciones.
Las Normas Internacionales de Contabilidad del Sector Público (International Public Sector Accounting Standards® o IPSAS®) vigentes no proveen requisitos u orientación sobre cómo contabilizar los beneficios sociales, lo que hace que los usuarios no cuenten con la información necesaria para evaluar el desempeño del Gobierno.
“Los beneficios sociales son un gasto importante para la mayoría de los Gobiernos, y la ausencia de una norma IPSAS para estos programas es una brecha importante en la literatura del consejo”, explica Ian Carruthers, Presidente del IPSASB. “Las propuestas del ED 63 mejorarán la responsabilidad y la transparencia y mejorarán la toma de decisiones en esta área crítica de interés público”.
El ED 63 define los beneficios sociales y propone requisitos para el reconocimiento y la medición de los planes de beneficios sociales. También propone requisitos de divulgación que brindan información adicional para que los usuarios evalúen el efecto de los beneficios sociales en las finanzas gubernamentales futuras.
Se solicita que se envíen los comentarios sobre el Proyecto de Norma hasta el 31 de marzo de 2018.
Cómo enviar comentarios
Para acceder al Proyecto de Norma y su resumen At-a-Glance, o para enviar un comentario, ingrese al sitio web de IPSASB: www.ipsasb.org. Se solicita que se envíen los comentarios sobre el Proyecto de Norma hasta el 31 de marzo de 2018. El IPSASB alienta a las organizaciones miembro de IFAC y a las organizaciones contables regionales a facilitar este Proyecto de Norma a todos sus miembros y empleados.
Acerca del IPSASB
El IPSASB trabaja para fortalecer la gestión financiera pública a nivel mundial a través del desarrollo de las Normas Internacionales de Contabilidad del Sector Público basadas en acumulaciones (IPSAS®) y otras formas de orientación para uso de los Gobiernos y otras entidades del sector público. Recibe apoyo del Banco Asiático de Desarrollo, el Instituto Canadiense de Contadores Públicos Autorizados, la Junta de Informes Externos de Nueva Zelanda y los Gobiernos de Canadá y Nueva Zelanda. La Federación Internacional de Contadores (IFAC) facilita las estructuras y los procesos que respaldan las operaciones del IPSASB. Para obtener información relacionada con derechos de autor, marcas y permisos, ingrese a la sección de permisos o comuníquese con permissions@ifac.org.
Acerca del Comité de Interés Público
Las actividades gubernamentales y normativas de IPSASB son supervisadas por el Comité de Interés Público (PIC), para garantizar que sigan el debido proceso y reflejen el interés público. El PIC está compuesto por personas con experiencia en el sector público o informes financieros y con participación profesional en organizaciones que tienen interés en promover la información financiera de alta calidad y comparable en un nivel internacional.
A new publication has been developed under the IFAC Professional Accountancy Organization (PAO) Capacity Building Program, currently funded by the UK Department for International Development (DFID). The guide will enable PAOs to develop information and communication technology (ICT) roadmaps that meet the individual needs of each PAO based on their infrastructure, level of development, regulatory obligations, and number of stakeholders, as well as consider external and environmental factors that may impact ICT planning.
The IFAC PAO Capacity Building Program supports the development and growth of PAOs around the world. By working with IFAC’s global stakeholders—PAOs, international donors, the international development community, and others—the Program works to solve the global need for growth and development of the accountancy profession, all in support of the public interest.
Update: The IESBA has extended their deadline to March 1, 2018 to give stakeholders an extra month to respond to their Fees Questionnaire.
The International Ethics Standards Board of Accountants (IEBSA) recently opened a public survey to seek individual views about the level of fees charged by audit firms. The survey seeks views and information from stakeholders: investors and other users of financial statements, the corporate governance community, the regulatory and audit oversight community, preparers, firms, national standard setters, IFAC member organizations, academics, and others.
The IESBA is exploring a number of matters related to fees charged by firms to investigate whether there is a need for further enhancements to the Code of Ethics for Professional Accountants or to commission of staff guidance. This survey is part of the IESBA’s fact finding efforts and the responses will help inform the IESBA’s consideration of the relevant matters.
Respondents are asked to submit their completed PDF questionnaires via the IESBA website, using the “Submit a Comment” link. Completed questionnaires are requested by March 1, 2018
Following the Professional Accountants in Business Committee’s September 2017 web meeting, this report shares the collective knowledge, ideas, and experience of the committee regarding the role of professional accountants as business leaders and value enablers for organizations.
The main themes in the report, and in the meeting it flows from, are:
The International Public Sector Accounting Standards Board (IPSASB) has issued a revised IPSAS, Financial Reporting under the Cash Basis of Accounting. The amendments address some of the main barriers to adoption of this standard.
This revised version of the Cash Basis IPSAS implements the proposals made in Exposure Draft 61, Amendments to Financial Reporting under the Cash Basis of Accounting.
The revised version takes effect on January 1, 2019, with earlier adoption encouraged.
The International Public Sector Accounting Standards Board® (IPSASB®) has published a revised IPSAS, Financial Reporting under the Cash Basis of Accounting (the Cash Basis IPSAS). The amendments address some of the main barriers to adoption of this standard.
This revised version of the Cash Basis IPSAS implements the proposals made in Exposure Draft 61, Amendments to Financial Reporting under the Cash Basis of Accounting. These amendments recast from mandatory to voluntary:
The amendments also ensure that the standard’s requirements and encouragements are better aligned with requirements in relevant accrual IPSAS issued since 2008.
The revised version takes effect on January 1, 2019, with earlier adoption encouraged.
“These amendments respond to the views of preparers by removing some of the obstacles to adoption of the Cash Basis IPSAS,” said IPSASB Chair Ian Carruthers. “Robust financial reporting on a cash basis can be an important foundation for broader improvements in public sector financial management. However, the revisions make clear that the IPSASB views the Cash Basis IPSAS as an important stepping stone on the journey to full accrual accounting rather than an end in itself.”
First issued in 2003, and modified in 2006 and 2007, the Cash Basis IPSAS is the only IPSASB pronouncement that deals with the cash basis of accounting.
About the IPSASB
The International Public Sector Accounting Standards Board (IPSASB) works to strengthen public financial management globally through the development of accrual-based International Public Sector Accounting Standards® (IPSAS®) and other guidance for use by governments and other public sector entities. It receives support from the Asian Development Bank, the Chartered Professional Accountants of Canada, the New Zealand External Reporting Board, and the governments of Canada and New Zealand. The structures and processes that support the operations of the IPSASB are facilitated by the International Federation of Accountants (IFAC). For copyright, trademark, and permissions information, please go to permissions or contact permissions@ifac.org.
About the Public Interest Committee
The governance and standard-setting activities of the IPSASB are overseen by the Public Interest Committee (PIC), to ensure that they follow due process and reflect the public interest. The PIC is comprised of individuals with expertise in public sector or financial reporting, and professional engagement in organizations that have an interest in promoting high-quality and internationally comparable financial information.
Highlights from the October 24-26 2017 meeting in New York, NY.
The International Public Sector Accounting Standards Board® (IPSASB®) has released for public comment Exposure Draft (ED) 63, Social Benefits, which addresses accounting for the delivery of social benefits, such as retirement, unemployment, and disability.
These proposals aim to improve consistency, transparency, and reporting by public sector entities of social benefit schemes, which account for a large portion of government expenditure in most jurisdictions.
Existing International Public Sector Accounting Standards® (IPSAS®) do not provide requirements or guidance on how to account for social benefits, leaving users without the information needed to assess government performance.
“Social benefits are a major expenditure for most governments, and the absence of an IPSAS standard for these programs is a noted gap in the Board’s literature,” said IPSASB Chair Ian Carruthers. “The proposals in ED 63 will enhance accountability and transparency and improve decision making in this critical public interest area.”
ED 63 defines social benefits and proposes requirements for the recognition and measurement of social benefit schemes. It also proposes disclosure requirements that provide additional information for users to evaluate the effect of social benefits on future government finances.
Comments on the Exposure Draft are requested by March 31, 2018.
How to Comment
To access the Exposure Draft and its summary At-a-Glance document, or to submit a comment, visit the IPSASB website at www.ipsasb.org. Comments on the Exposure Draft are requested by March 31, 2018. The IPSASB encourages IFAC member organizations and regional accountancy organizations to promote the availability of this Exposure Draft to their members and employees.
About the IPSASB
The International Public Sector Accounting Standards Board (IPSASB) works to strengthen public financial management globally through the development of accrual-based International Public Sector Accounting Standards® (IPSAS®) and other guidance for use by governments and other public sector entities. It receives support from the Asian Development Bank, the Chartered Professional Accountants of Canada, the New Zealand External Reporting Board, and the governments of Canada and New Zealand. The structures and processes that support the operations of the IPSASB are facilitated by the International Federation of Accountants (IFAC). For copyright, trademark, and permissions information, please go to permissions or contact permissions@ifac.org.
About the Public Interest Committee
The governance and standard-setting activities of the IPSASB are overseen by the Public Interest Committee (PIC), to ensure that they follow due process and reflect the public interest. The PIC is comprised of individuals with expertise in public sector or financial reporting, and professional engagement in organizations that have an interest in promoting high-quality and internationally comparable financial information.
The International Public Sector Accounting Standards Board (IPSASB) has issued Exposure Draft 63, Social Benefits.
The Exposure Draft addresses accounting for the delivery of social benefits, such as retirement, unemployment, and disability, aiming to improve consistency, transparency, and reporting by public sector entities of social benefit schemes, which account for a large portion of government expenditure in most jurisdictions.