IPSASB strategy consultation: give your input

The IPSASB proposes to add maintenance activities to its Work Programme, including a process to assess IPSAS application challenges and to undertake post implementation reviews. Therefore, at this time, the IPSASB is not proposing to add new major financial reporting standard setting projects.

Do you agree with the proposal to add maintenance activities? If you do not agree, please explain why, including any proposed alternatives.

The IPSASB’s Potential Future Financial Reporting Projects (see Appendix A of the consultation document), include projects for the development of new IPSAS and the maintenance of existing IPSAS.

1. Are there other major financial reporting projects the IPSASB should consider adding to its Potential Future Financial Reporting Standard Setting Projects list?

2. Are there other IPSAS that the IPSASB should consider as a potential project for its maintenance programme?

3. If the IPSASB’s proposal to implement a post implementation review process is supported, what IPSAS are of the highest priority in your jurisdiction?

For each potential financial reporting project identified, please explain why you believe this has international relevance that requires a standard setting solution such that the IPSASB should consider it, and elaborate on the nature of the issue you think should be explored.