Selecting International Standards for Accrual-Based Accounting in the Public Sector: IPSAS or IFRS?

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The article discusses the definition of a government business enterprise (GBE), as provided in the International Public Sector Accounting Standards (IPSAS), as a determinant for applying IPSAS or the International Financial Reporting Standards (IFRS) for a public sector entity. The work of the IPSASB is focused on the accounting and financial reporting needs of national, regional and local governments, and related governmental agencies, while the IFRS serves the private sector.
TidsskriftThe Journal of Government Financial Management
Udgave nummer3
Sider (fra-til)28-32
StatusUdgivet - 2011