PUBLIC SECTOR ACCOUNTING: INPUT SOUGHT ON THREE DRAFT STANDARDS

PUBLIC SECTOR ACCOUNTING: INPUT SOUGHT ON THREE DRAFT STANDARDS

• 25 May 2026
• Auditors & Accountants
• SA Legal Academy

The Accounting Standards Board (ASB) has gazetted a notice calling for public comments on three sets of proposals developed by the International Public Sector Accounting Standards Board (IPSASB). Input received will inform the process of formulating a country-specific response to the IPSASB.

• draft improvements to IPSAS accounting standards (input deadline 17 June 2026)
  • ASB invitation
• draft amendments to the definition of an operation, and recognition of acquired liabilities and contingent assets (input deadline 17 June 2026)
  • ASB invitation
• draft IPSAS practice statement on making materiality judgments (input deadline 14 August 2026)
  • ASB invitation
• Government Gazette notice

Published by SA Legal Academy Policy Watch

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