4. Reporting only. General Purpose Pass/ Practices assessed by accountants and auditors in each Decision by govt. Published medium term work program of standards Financial Statements of Public all Fail country. on whether to development. Sector entities and controlled Information on countries that have adopted IPSAS is at adopt IPSAS. entities. Since 1997, IPSASB has issued 38 accrual standards, and at a cash basis standard for national countries moving toward full and accrual accounting. Does not cover business enterprises levels 5. Ten principles spanning planning, 35 OECD No OECD Public Governance Committee monitors By OECD See also the 2002 OECD Best Practices on Budget Transparency. budgeting, execution, auditing, member implementation and is expected to report after three countries years. performance, risks, transparency, and public participation.
4. Reporting only. General Purpose Financial Statements of Public Sector entities and controlled entities. Since 1997, IPSASB has issued 38 accrual standards, and a cash basis standard for countries moving toward full accrual accounting. Does not cover business enterprises all at national and levels Pass/ Fail Practices assessed by accountants and auditors in each country. Information on countries that have adopted IPSAS is at Decision by govt. on whether to adopt IPSAS. Published medium term work program of standards development. 5. Ten principles spanning planning, budgeting, execution, auditing, performance, risks, transparency, and public participation. 35 OECD member countries No OECD Public Governance Committee monitors implementation and is expected to report after three years. By OECD See also the 2002 OECD Best Practices on Budget Transparency.
GIFT-EHLP-9Feb18.docx