Today, the International Public Sector Accounting Standards Board^® (IPSASB^®) has issued Improvements to IPSAS, 2021. The pronouncement was approved by the IPSASB in December 2021.

Improvements to IPSAS, 2021 includes minor improvements to IPSAS to address issues raised by stakeholders and minor amendments sourced from recent IFRS improvements and narrow scope projects.

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 governments of Canada and New Zealand. 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.

About the Public Interest Committee
The governance and standard-setting activities of the IPSASB are overseen by the Public Interest Committee (PIC), to ensure that they follow due process and reflect the public interest. The PIC is comprised of individuals with expertise in public sector or financial reporting, and professional engagement in organizations that have an interest in promoting high-quality and internationally comparable financial information.

Andrew van der Burgh became a member of the International Public Sector Accounting Standards Board in January 2023. He was nominated by the Accounting Standards Board (ASB) of South Africa.

Mr. Van der Burgh is an academic at the University of Pretoria, where he is responsible for the Chartered Accountancy programme and lecturing financial reporting. He is involved in accounting policy research with a specific focus on disclosures.

Prior to joining the university, Mr. Van der Burgh was a senior manager in the Deloitte Africa Accounting Technical Desk. He has been contributing to the establishment of accounting standards as a member of committees of the ASB and the South African Institute of Chartered Accountants (SAICA).

Mr. Van der Burgh is currently the Chair of the ASB which develops public sector accounting standards for South Africa.

Mr. Van der Burgh graduated from the University of Pretoria with an MCom Accounting Sciences in 2013 and received his CA(SA) designation from the SAICA in 2012.

His Technical Advisor is Elizna van der Westhuizen.

This project addresses general improvements and International Financial Reporting Standards^® (IFRS^®) alignment improvements to IPSAS. General improvements consist of proposals for minor amendments to IPSAS identified by stakeholders. IFRS alignment improvements consist of proposals for minor amendments to IPSAS sourced from recent IFRS improvements and narrow scope amendment projects.

Mr. Jie Zhao became the technical advisor for Liang Yang on January 2022.

He is currently serving as the deputy director of Accounting System DivisionⅠ, Accounting Regulatory Department, the Ministry of Finance,  China, responsible for the standard-setting process of multiple accounting principles for public sectors and non-profit organizations.

Mr. Zhao started his career in the Ministry of Finance in 2009, and has rich experience in the international convergence of Chinese GAAP, professionals development and standard-setting reform on accounting principles for public sectors.

He used to work at Analysis and Valuation Department of the World Bank from 2013 to 2014.

Mr. Zhao graduated from Nanjing University with a master’s degree in accounting.

Iheanyi Anyahara became the Technical Advisor for Yacouba Traoré in January 2024.

Dr. Anyahara has over three decades of industry experience, of which more than 20 years have been in financial reporting and management, accounting standard setting and financial reporting regulation at the Financial Reporting Council (erstwhile Nigerian Accounting Standards Board). He is the former Acting Executive Secretary/CEO of Financial Reporting Council of Nigeria (March 1, 2020 to May 18, 2021). Currently the Director/Head, Directorate of Public Sector Accounting Standards and Chair, Adoption Readiness Working Group for sustainability reporting in Nigeria.

Dr. Anyahara has played several leadership roles which include serving as a member of Inter-Ministerial Committee on National Chart of Accounts for Nigeria as well as member of the IPSAS GAP analysis Committee.He also served as the Secretary to the National Stakeholders’ Committee on the Roadmap to the Adoption of International Financial Reporting Standards (IFRS) in Nigeria the committee that prepared the roadmap report which was approved by the Federal Executive Council under President Goodluck Jonathan.

Dr. Anyahara is member of several professional bodies among which are Fellow, Institute of Chartered Accountants of Nigeria (ICAN), Fellow, Association of Forensic Accounting Researchers, Certified National Accountant and Nigerian Institute of Management.

He is a regular speaker in various fora especially on financial reporting regulation and the adoption of IFRS, IPSAS, anti-money laundering, corporate governance, sustainability reporting and other financial reporting related topics. He has facilitated on: Anti Money laundering at GIABA programme in Banjul Gambia, IFRS transition in London & Ghana, Corporate Governance at Board induction programmes of NAICOM, PENCOM, NDPHC, Royal Exchange Insurance and NNDC.

Iheanyi Anyahara is a first-class honours graduate from University of Nigeria, Nsukka; he also has M.Sc. Accounting from same university and MBA Accounting from University of Port Harcourt. He holds a PhD in Accounting from Babcock University, Ilishan Remo, Ogun State. He has attended contemporary continuing education programs at Harvard Business School, the London School of Economics, the Booth Business School, University of Chicago, Chicago and Wharton Business School, University of Pennsylvania, Philadelphia.

Giuseppe Grossi is Research Professor in Accounting at Nord University (Norway), Kristianstad University (Sweden) and Kozminski University (Poland). He holds a PhD in Business Administration from the University of Pisa (Italy). He was visiting scholar in several universities Europe, Asia, Australia, New Zealand and South America.

Giuseppe’s diverse research focuses on governmental accounting, hybrid forms of governance and performance of knowledge intensive public organizations, state owned enterprises and smart cities. He has extensive experience in conducting country and comparative studies with senior and emerging scholars from different disciplines around the world. He collaborates as expert with national and local governments, Supreme Audit Institutions, and the European Court of Auditors.

Giuseppe Grossi’s publications appear in leading accounting and public management journals. He is co-chair of the Special Interest Group on Hybrid Governance of the International Research Society on Public Management (IRSPM) and sits in the Board as vice-Chair of the Comparative International Government Accounting Research (CIGAR) Network. He is on the editorial board of several accounting and public management journals, Editor-in-chief of the Journal of Public Budgeting, Accounting and Financial Management and Associate Editor of Qualitative Research in Accounting & Management (Emerald).

Timm Klare became the Technical Advisor for Maik Esser-Müllenbach in January 2022.

Mr. Klare works for the German Supreme Audit Institution (SAI). He is an audit manager in the division responsible for international auditing and accounting standards and external audit mandates. Mr. Klare advises the World Food Programme (WFP) audit team of the German SAI. Previously, he led several financial audits during the German SAI's membership on the United Nations Board of Auditors from 2016 to 2022, including the United Nations Peacekeeping Operations.

Mr. Klare has over ten years of technical accounting experience in both the public and private sectors. He started his career at PricewaterhouseCoopers (PwC) in Berlin in 2011. In this role he provided audit and advisory services to international and domestic clients. He joined the German SAI in 2015.

Mr. Klare is a certified public accountant and tax advisor. He holds a Bachelor of Science in business administration and a Master of Science in finance, accounting and taxes from the Georg August University of Göttingen.

Mr. Abdullah Al-Mehthil became a member of the International Public sector Accounting Standards Board in January 2022, nominated by Ministry of Finance, Saudi Arabia. Mr. Abdullah Al-Mehthil is an Assistant Undersecretary - Deputyship of Accounts & Finance in the Ministry of Finance; he is heading the country's Cash to Accrual program.

Mr. Al-Mehthil has more than 20 years of in-depth experience across the public and private sectors in the areas of financial planning, risk management, corporate governance, digital transformation, and accounting & control. Prior to joining the Ministry, Mr. Al-Mehthil worked for leading conglomerates in Oil & Gas and automotive industries. Mr. Al-Mehthil sits on the Boards and Audit Committees of leading companies in KSA.

Mr. Al-Mehthil holds a master's degree in accounting and Information Systems and a bachelor's degree in accounting & Business Administration from the University Of Kansas. In addition to completing a Leadership program in Insead Business School, Mr. Al-Mehthil is a Certified Public Accountant in the US & Certified Public Accountant in Saudi Arabia.