International Public Sector Financial Accountability Index

International Public Sector Financial Accountability Index - Jurisdiction Update Form

This form is intended for submissions of updated information for a jurisdiction included in the International Public Sector Financial Accountability Index.
Jurisdiction representatives: This form is for you to submit jurisdiction-level updates to the Index. Please submit an update when there are changes to the reporting framework or its implementation.

The purpose of the Index is to provide a picture of the current state of public sector financial reporting globally, and plans for future reforms. It covers the following aspects of the arrangements in each jurisdiction:
- Current financial reporting basis and the financial reporting standards used in the financial statements
- Financial reporting reforms plans for 2030.
The current Index focus is on Federal/Central Government in your jurisdiction.
Contact Details
Your Name
Your Email Address
Jurisdiction
Organization
Your job title/position in your organization
Current Financial Statements Details
Please enter the reporting year covered by the most recently published financial statements which you are providing information on in this form.
Which financial reporting basis was applied in preparing the financial statements/reports for the Federal/Central Government for the most recently completed financial year?
Select to view definition
Cash Basis: Transactions are recognized in the financial reports only when the associated cash is received or paid.
Partial Accrual Basis: Some transactions are recognized in the financial reports using the cash basis, and some transactions are recognized under the accrual basis.
Accrual Basis: Transactions are recognized in the financial reports when underlying economic event occurs, irrespective of when cash is received or paid. Assets and liabilities are reported in a balance sheet.
What financial reporting standards were applied in preparing the financial statements/reports for the Federal/Central Government for the most recently completed financial year?
Select to view definition
Cash Basis IPSAS Standard: Financial Reporting under the Cash Basis of Accounting as published by the IPSASB.
IPSAS Accounting Standards with no modifications: Accrual basis IPSAS Accounting Standards and published in the IPSASB’s Handbook of International Public Sector Accounting Standards Board Pronouncements.
IPSAS Accounting Standards modified for the local context: Accrual basis IPSAS Accounting Standards modified by the addition or deletion of material to reflect jurisdictional legal and regulatory requirements; other requirements or guidance that are not inconsistent with the current requirements or guidance in IPSAS Accounting Standards; the elimination of options (alternatives) provided for in IPSAS Accounting Standards; the elimination of requirements or guidance, the application of which is not permitted by national law or regulation; the amendment of requirements or guidance to be consistent with law or regulation.
National standards with reference to IPSAS Accounting Standards: Any other standards developed by the National Standard Setter that use the accrual basis IPSAS Accounting Standards as a reference point.
National standards based on IFRS Accounting Standards: Defined in the same way as any of the above three classifications for IPSAS Accounting Standards.
National standards/Other: Any other accrual or partial accrual standards developed by the National Standard Setter
Please upload your most recently published financial statements/reports which you are providing information.

Cancelof
Please provide a link to your most recently published financial statements/reports which you are providing information.
2030 Anticipated Financial Statements Details
Which financial reporting basis do you expect to be applied in preparing the financial statements/reports for the Federal/Central Government for the financial reporting period which ends during or at the end of the year 2030?
Select to view definition
Cash Basis: Transactions are recognized in the financial reports only when the associated cash is received or paid.
Partial Accrual Basis: Some transactions are recognized in the financial reports using the cash basis, and some transactions are recognized under the accrual basis.
Accrual Basis: Transactions are recognized in the financial reports when underlying economic event occurs, irrespective of when cash is received or paid. Assets and liabilities are reported in a balance sheet.
What financial reporting standards do you expect to be applied in preparing the financial statements/reports for the financial reporting period which ends during or at the end of 2030?
Select to view definition
Cash Basis IPSAS Standard: Financial Reporting under the Cash Basis of Accounting as published by the IPSASB.
IPSAS Accounting Standards with no modifications: Accrual basis IPSAS Accounting Standards and published in the IPSASB’s Handbook of International Public Sector Accounting Standards Board Pronouncements.
IPSAS Accounting Standards modified for the local context: Accrual basis IPSAS Accounting Standards modified by the addition or deletion of material to reflect jurisdictional legal and regulatory requirements; other requirements or guidance that are not inconsistent with the current requirements or guidance in IPSAS Accounting Standards; the elimination of options (alternatives) provided for in IPSAS Accounting Standards; the elimination of requirements or guidance, the application of which is not permitted by national law or regulation; the amendment of requirements or guidance to be consistent with law or regulation.
National standards with reference to IPSAS Accounting Standards: Any other standards developed by the National Standard Setter that use the accrual basis IPSAS Accounting Standards as a reference point.
National standards based on IFRS Accounting Standards: Defined in the same way as any of the above three classifications for IPSAS Accounting Standards.
National standards/Other: Any other accrual or partial accrual standards developed by the National Standard Setter
Please upload transition plans, announcements or other information about the implementation of new standards or accounting reforms, if this is available.

Cancelof
Please provide links to transition plans, announcements or other information about the implementation of new standards or accounting reforms, if this is available.
Next Steps

IPSASB staff may contact the person responsible for the submission of the form for validation purposes. After validation, IPSASB staff reserves the right to revise the answers submitted in this form before publishing the results on IFAC and IPSASB’s websites.
Publication and Use of Information

I acknowledge that the information and materials submitted through this form may be used, stored, analyzed, and published by the IPSASB and IFAC as part of the International Public Sector Financial Accountability Index and related publications, reports, and website content. I confirm that I have the necessary permissions to provide any information, documents, or links submitted through this form. I further understand that IPSASB and IFAC may contact me to verify or clarify information provided in this submission before it is reflected in the International Public Sector Financial Accountability Index.
Knowledge and Authority
Please verify that you are human
Should be Empty:

International Public Sector Financial Accountability Index - Jurisdiction Update Form

Contact Details

Current Financial Statements Details

2030 Anticipated Financial Statements Details

Next Steps