The International Federation of Accountants® (IFAC®) has published the IPSAS™ 33-38 and Recommended Practice Guideline 3 in Spanish. The IPSAS pronouncements deal with a variety of important issues, including first-time adoption of accrual basis IPSAS. These publications include:
These Spanish translations were performed by faculty members from the Department of Accounting and Finance, Faculty of Economics and Business Administration, at the University of Zaragoza, Spain. They have been reviewed by an international committee consisting of public sector experts from Argentina, Chile, Mexico, Spain, and Uruguay.
Leaders from the public sector and professional accountancy organizations from throughout the Caribbean met Nassau April 12-14, 2016, to revitalize efforts to improve public sector financial management and support the region’s economic growth.
Hosted by the Institute of Chartered Accountants of the Caribbean (ICAC), the International Federation of Accountants (IFAC), and the World Bank, Strengthening Public Financial Reporting and Accountability explored the Caribbean social-economic situation and how better public financial management, especially improved financial accounting and reporting, can support sustainable development.
International and regional experts shared their experiences of overcoming challenge and realizing the benefits of public sector financial management reform. Forward-looking sessions discussed how stakeholders can make public financial accounting and reporting reform a success. The roundtable concluded by summarizing the actions that governments and stakeholders can take toward strengthening public financial reporting and accountability.
This invitation-only event covered regional economic, social, and business imperatives; public financial reporting reforms (regional and international perspectives); engaging stakeholders; challenges of the accountancy profession in the Caribbean and capacity-building strategies; and technical training on latest developments in International Public Sector Accounting Standards.
The event opened on Tuesday 12th April by the The Hon. Michael Halkitis, MP, Minister of State for Finance, Government of The Bahamas.
For more information, please contact Jasmine Davis, ICAC President, president@icacorg.com, Misha Lobban Clarke, ICAC CEO, ceo@icacorg.com or Vincent Tophoff, Senior Technical Manager, Accountability. Now.
Recommended Practice Guideline 3, Reporting Service Performance Information
Guía de Práctica Recomendada (GPR) 3, Presentación de Información sobre el Rendimiento de los Servicios, proporciona directrices sobre buenas prácticas en la información sobre el rendimiento de los servicios.
El desarrollo de esta directriz refleja el compromiso del IPSASB para hacer frente a problemas de información específicos del sector público, incluidas las que se refieren a información adicional a los estados financieros.
IPSAS 38, Disclosure of Interests in Other Entities
NICSP 38 reúne las revelaciones previamente incluidos en NICSPs 6-8. También introduce nuevos requerimientos de información, incluyendo los relacionadas con entidades estructuradas no consolidadas así como el control adquiridos con el objetivo de la eliminación.
NICSP 37 establece los requisitos para la clasificación de los acuerdos conjuntos y la contabilidad de los diferentes tipos de acuerdos conjuntos. Acuerdos conjuntos se clasifican como operaciones conjuntas o negocios conjuntos. En una operación conjunta, las partes en el acuerdo tienen derecho a los activos y obligaciones por los pasivos relacionados con el acuerdo. En una empresa conjunta, las partes del acuerdo tienen derecho a los activos netos del acuerdo.
