This audio podcast and accompanying publication have been issued by the staff of the International Public Sector Accounting Standards Board (IPSASB) to highlight how International Public Sector Accounting Standards (IPSASs) reflect the accounting consequences of sovereign debt restructuring transactions.
In this podcast, IPSASB Acting Director John Stanford and Technical Manager Ross Smith discuss issues which may be encountered in a sovereign debt restructuring.
This Questions and Answers publication and accompanying audio podcast have been issued by the staff of the International Public Sector Accounting Standards Board (IPSASB) to highlight how International Public Sector Accounting Standards (IPSASs) reflect the accounting consequences of sovereign debt restructuring transactions.
The IFAC Annual Review 2014, Leveraging Our Global Advantage, explains our approach to IFAC’s strategic and operational priorities—with the aim of leveraging our global advantage in a targeted manner, and allocating our substantial staff talent and experience to the greatest extent possible. Our equation for IFAC’s success is laid out in our business model, which consists of five operating lines:
supporting standard setting for a globalized world;
enhancing quality to strengthen our profession;
building capacity for the profession;
positioning accountants for success; and
influencing policy and public debate.
Within this framework, this Annual Review 2014 discusses our operating environment, explains our strategic response and future direction, and demonstrates our performance and achievements. Along with our Financial Statements, the Annual Review comprises our suite of reporting for the year ended December 31, 2014.
During CReCER 2015, IFAC Senior Technical Manager and Head of Professional Accountants Stathis Gould gave a presentation on integrated reporting, discussing both the work of the International Integrated Reporting Council and IFAC's efforts to support integrated reporting.