This report is a tool for learning and presents best practices for supporting the accountancy profession’s development in emerging economies. It highlights what some countries have overcome in times of disruption and conflict to put the interest of the public first and establish a sound accountancy profession. As many parts of the world face fragile identifiers, pandemics, violence, and more, the profession is stepping up to tackle these challenges.
ED 89proposes amendments based on five IFRIC Interpretations issued by the IFRS Interpretations Committee which the IPSASB had not yet considered. The IPSASB proposes amendments to IPSAS for guidance based on the IFRIC Interpretations which are applicable for public sector entities and helpful in applying existing IPSAS principles.
