Interpretation and Application of IPSAS

A Practical, Authoritative Guide to IPSAS

Designed to promote enhanced quality and consistency in public sector accounting across the world, the International Public Sector Accounting Standards provide an accounting framework which can be followed by all public sector entities, including national and regional governments, local authorities and intergovernmental organizations.

Interpretation and Application of IPSAS is a practical guide to implementing the standards. Beginning with an analysis of the role of the International Public Sector Accounting Standards Board, it goes on to provide a complete description of each standard, along with plentiful case studies and examples demonstrating how to apply it in practice. Detailed guidance is also provided on managing the transition from local standards to IPSAS, under either accrual or cash accounting.

This practical focus makes Interpretation and Application of IPSAS the ideal resource for both current and potential adopters of the International Public Sector Accounting Standards.

"This book on the practical adoption and implementation of IPSAS for public sector entities will be a useful tool for both academic students at the undergraduate as well as the graduate level. In addition, its practical focus will enable practitioners and regulators to have access to a wide range of accounting examples and issues that public entities will face when moving towards IPSAS compliant financial reporting."
—Gérard A. Melyon, Ph.D., Professor of Accounting, Sorbonne Universités, France

"This book enables the reader to better understand the practical application and implementation of IPSAS. The book offers multiple practical examples and case studies that help us to grasp the accounting issues that public sector entities are experiencing when moving towards IPSAS based accounting and financial reporting."
—Isabel Brusca, Ph.D., Professor of Accounting, University of Zaragoza, Spain