7.1. Indices for implementation: The implementation of IPSAS is a process that entails different stages form mild to full/strong accrual. While there are different approaches and choices the final journey is full accrual IPSAS adoption. The technical committee on road map envisage to first go to cash basis IPSAS before accrual IPSAS. Table 7.1. Shows the adoption degree. Table 7.1. Degrees of Accrual Degree Assets Liabilities Recognized Recognized Mild accrual Current financial Current liabilities resources Moderate Long-term Long-term liabilities in addition to current accrual financial liabilities resources in addition to current financial resources Strong accrual Capital resources in Contingent liabilities in addition to current addition to and long-term liabilities current and long-term financial resource
7.1. Indices for implementation: The implementation of IPSAS is a process that entails different stages form mild to full/strong accrual. While there are different approaches and choices the final journey is full accrual IPSAS adoption. The technical committee on road map envisage to first go to cash basis IPSAS before accrual IPSAS. Table 7.1. Shows the adoption degree. Table 7.1. Degrees of Accrual Degree Assets Recognized Liabilities Recognized Mild accrual Current financial resources Current liabilities Moderate accrual Long-term financial resources in addition to current financial resources Long-term liabilities in addition to current liabilities Strong accrual Capital resources in addition to current and long-term financial resource Contingent liabilities in addition to current and long-term liabilities
IPSAS-ICPAn-final.docx