The International Public Sector Accounting Standards Board® (IPSASB®) has issued Improvements to IPSAS, 2023.
Improvements to IPSAS, 2023 includes improvements to IPSAS in order to align with amendments to IFRS® Accounting Standards based on IASB’s Narrow Scope Amendments projects.
The pronouncement was approved by the IPSASB in March 2024.
About the IPSASB
The International Public Sector Accounting Standards Board® (IPSASB®) works to strengthen public financial management globally through developing and maintaining accrual-based International Public Sector Accounting Standards™ (IPSAS®) and other high-quality financial reporting guidance for use by governments and other public sector entities. It also raises awareness of IPSAS and the benefits of accrual adoption. The Board receives support from the Asian Development Bank, the Chartered Professional Accountants of Canada, the New Zealand External Reporting Board, and the government of Canada. 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.
https://www.ipsasb.org/news-events/2024-04/ipsasb-issues-improvements-ipsas-2023#:~:text=Improvements%20to%20IPSAS%2C%202023%20includes,the%20IPSASB%20in%20March%202024.