IPSAS creates a set of internationally recognised standards that clearly delineate recognition, measurement, presentation and disclosure requirements for public sector organisations. It's a move toward accrual accounting, based on the occurrence of economic events, and not merely on cash receipts and payments.
For many organisations, applying the new IPSAS rules presents a real challenge.
You might be facing:
How PwC can help you
We can provide a range of technical support, including services such as:
Advice is delivered how you want it - as a one-time engagement or as an ongoing relationship that sees you through your IPSAS implementation or post-implementation process.