The International Public Sector Accounting Standards Board® (IPSASB) staff have issued a background paper to provide information on Emissions Trading Schemes (ETSs) and other government interventions that reduce emissions of greenhouse gases. The paper provides background information on ETSs and support the IPSASB’s potential future development of approaches for accounting for entities’ involvement in ETSs. This publication is not an IPSASB pronouncement and does not represent IPSASB members' views.
The IPSASB's "A Closer Look at:" series examines the challenges and benefits of governments adopting IPSAS and accrual accounting. In print and video interviews, each nation's expert describes the process and shares key details, timelines, and lessons learned.
Juan Zhang, IPSASB Member and Director, Accounting Regulatory Department, Ministry of Finance, China, discusses China's experience with IPSAS adoption and implementation.
