The IPSASB advanced work on 3 projects at the October 2025 check-in meeting. Pronouncements for all 3 projects are expected to be approved in December 2025.
IPSAS on Tangible Natural Resources Held for Conservation
The IPSASB concluded its deliberations on the guidance needed on unit of account, which will be included in the core text of the Standard. Other areas discussed included the areas where implementation guidance would be useful to explain the principles.
IPSASB Sustainability Reporting Standard on Climate Related Disclosures
The IPSASB decided to clarify the application of the 15 categories of disclosure of GHG emissions required by the Standard. The Standard will also clarify the areas of departure from IFRS S2 Climate-related Disclosure.
Linkages Between IPSAS Standards and the Government Finance Statistics Manual 2014 (Amendments to IPSAS 22)
The key matter discussed was the communication of the Exposure Draft. The status of IPSAS and meaning of authoritative and non-authoritative guidance will also be clarified for those readers who are not familiar with the IPSASB and its pronouncements.
Missed the meeting?
Watch a recording of the meeting on the IPSASB’s YouTube channel.