The aim of the project is to develop a standard that provides requirements for the first-time adoption of accrual basis IPSASs.

Scope

This project will consider issues related to public sector entities that are moving from an accrual basis of accounting to accrual basis IPSASs. It will also consider public sector entities that are moving from a cash basis, modified cash basis or partial accrual basis of accounting, to accrual basis IPSASs.

The objective of the project is to: