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International Public Sector Accounting Standards - Wikipedia International Public Sector Accounting Standards (IPSAS) are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements.These standards are based on International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB). IPSASB International Public Sector Accounting Standards ... The International Public Sector Accounting Standards Board(IPSASB) works to improve public sector financial reporting worldwide through the development of IPSAS, international accrual-based accounting standards, for use by governments and other public sector entities around the world. What Is Public Sector Accounting? Reference.com Public sector accounting is an accounting method used in central and local governments and other nonprofit pursuant public sector entities. The International Public Sector Accounting Standards Board, known also by the acronym of IPSASB, develops the standards in accounting for entities in the public sector worldwide.
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