The International Public Sector Accounting Standards Board^® (IPSASB) staff have issued a background paper to provide information on Emissions Trading Schemes (ETSs) and other government interventions that reduce emissions of greenhouse gases. The paper provides background information on ETSs and support the IPSASB’s potential future development of approaches for accounting for entities’ involvement in ETSs. This publication is not an IPSASB pronouncement and does not represent IPSASB members' views.

• Emissions Trading Schemes—Staff Background Paper

The 2013 edition of the International Public Sector Accounting Standards Board (IPSASB) Handbook of International Public Sector Accounting Pronouncements has been published in French.

This handbook contains the IPSASB’s pronouncements on public sector financial reporting—IPSAS 1-32—and Chapters 1-4 of the Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities.

The French translation was performed by the Conseil de normalisation des comptes publics, with the support of Compagnie Nationale des Commissaires aux Comptes and Conseil Supérieur de l'Ordre des Experts-Comptables.

For an overview of translations of IFAC’s publications, please visit the Translations Database.

All citizens should care how governments budget and account for their spending. Bad financial information means services suffer and public servants can’t be properly held to account. Join us on the Accountability. Now. journey.

Leaders from the public sector and professional accountancy organizations from throughout the Caribbean met Nassau April 12-14, 2016, to revitalize efforts to improve public sector financial management and support the region’s economic growth.

Hosted by the Institute of Chartered Accountants of the Caribbean (ICAC), the International Federation of Accountants (IFAC), and the World Bank, Strengthening Public Financial Reporting and Accountability explored the Caribbean social-economic situation and how better public financial management, especially improved financial accounting and reporting, can support sustainable development.

International and regional experts shared their experiences of overcoming challenge and realizing the benefits of public sector financial management reform. Forward-looking sessions discussed how stakeholders can make public financial accounting and reporting reform a success. The roundtable concluded by summarizing the actions that governments and stakeholders can take toward strengthening public financial reporting and accountability.

This invitation-only event covered regional economic, social, and business imperatives; public financial reporting reforms (regional and international perspectives); engaging stakeholders; challenges of the accountancy profession in the Caribbean and capacity-building strategies; and technical training on latest developments in International Public Sector Accounting Standards.

The event opened on Tuesday 12th April by the The Hon. Michael Halkitis, MP, Minister of State for Finance, Government of The Bahamas.

For more information, please contact Jasmine Davis, ICAC President, president@icacorg.com, Misha Lobban Clarke, ICAC CEO, ceo@icacorg.com or Vincent Tophoff, Senior Technical Manager, Accountability. Now.

Improvements to IPSASs 2014 sets out amendments to International Public Sector Accounting Standards™ (IPSASs™) based on the International Accounting Standards Board's annual improvements and narrow scope amendments projects. This document includes improvements to four standards (IPSAS 1, IPSAS 17, IPSAS 28, and IPSAS 31).

During the annual meeting of International Organization of Supreme Audit Institutions (INTOSAI)’s Subcommittee on Internal Control Standards, IFAC Senior Technical Manager Vincent Tophoff gave a presentation on the International Framework Good Governance in the Public Sector, a joint project of IFAC and the Chartered Institute of Public Finance and Accountancy (CIPFA) published in July 2014.

The presentation discusses the key definitions, structure, and guiding principles of the Framework, as well as its purpose and development process.

The International Framework: Good Governance in the Public Sector, jointly developed by IFAC and the Chartered Institute of Public Finance and Accountancy (CIPFA) to help improve and encourage effective public sector governance. The Framework encourages better governed and managed public sector organizations by improving decision making and the efficient use of resources.