CATEGORIES
- (5) Negotiating Tax Debt and Payment Arrangements with SARS
- (2)Account / Profile
- (556)Accounting
- (1)Accounting & Financial Reporting
- (2)Accounting and Finance
- (29)Audit
- (159)Auditing and Assurance
- (1)Business
- (1)Business Management
- (3)Business Rescue
- (109)CIPC
- (7)Compliance
- (18)Ethics and Professionalism
- (46)Financial Reporting
- (1)Government Funding Applications
- (4)Guides
- (1)Independent Reviews
- (1)Individuals Tax
- (30)Law
- (49)Legal and Compliance
- (2)Management
- (29)Miscellaneous
- (29)Money Laundering
- (1)Personal & Professional Development
- (2)Practice Management
- (2)Professional Ethics
- (3)Public Sector
- (145)Regulatory Compliance and Legislation
- (41)SARS Issues
- (29)Sustainability Reporting
- (43)Tax
- (1)Tax Update
- (10)Technology
- (1)Wills, Estates & Trusts
- Show All
IPSASB: ED 95 - Improvements to IPSAS Accounting Standards
- 19 May 2026
- Accounting
- South African Accounting Academy
Summary:
The International Public Sector Accounting Standards Board (IPSASB) has issued ED 95: Improvements to IPSAS Accounting Standards – Volume 10.
Article:
This ED 95 proposes minor improvements to IPSAS Standards regarding financial instruments, foreign exchange, consolidated financial statements, and editorial clarifications.
IPSAS Accounting Standards relate to the general purpose financial statements (financial statements) and are authoritative.
The objective of ED 95, Improvements to IPSAS Accounting Standards – Volume 10 is to propose improvements to IPSAS Accounting Standards to align with amendments to IFRS Accounting Standards based on the IASB’s Improvements to IFRS Accounting Standards and Narrow Scope Amendments projects.
In short, this ED 95 deals with non-substantive changes to IPSAS Standards through a collection of amendments that are unrelated.
Comments are due by 30 June 2026.
Click here to download the 72-page Exposure Draft:
https://ifacweb.blob.core.windows.net/publicfiles/2026-04/IPSASB-ED-95-Improvements.pdf
Relevance to Auditors, Independent Reviewers & Accountants:
- It is important to stay informed on publications issued by the regulators and standard-setters, e.g. IFAC & IPSASB.
- This ED 95 proposes minor improvements to IPSAS Standards regarding financial instruments, foreign exchange, consolidated financial statements, and editorial clarifications.
Relevance to Your clients:
- It is important to stay informed on publications issued by the regulators and standard-setters, e.g. IFAC & IPSASB.
- This ED 95 proposes minor improvements to IPSAS Standards regarding financial instruments, foreign exchange, consolidated financial statements, and editorial clarifications.