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11 Aug. 2015

International Public Sector Accounting Standards Board (IPSASB) issues Consultation Paper Recognition and Measurement of Social Benefits.

The IPSASB has issued a Consultation Paper on Recognition and Measurement of Social Benefits with comments requested by 31 January 2016.

A copy of the IPSASB CP may be downloaded from the IFAC website ( via the following link:

The AASB intends to provide comments on the Consultation Paper to the IPSASB.  AASB constituents are also encouraged to provide comments to the IPSASB, and are invited to send comments on the CP to the AASB by 27 November 2015.  The AASB will consider those comments in the process of formulating its own submission to the IPSASB.

All comments received will be placed on the public record.