WebWe are writing to endorse the proposal to prioritize natural resources as a focus area of IPSASB’ Work Plan for the 2024-2024 period under Theme A - Setting standards on public sector specific issues. Wealth from natural resources present a unique opportunity to governments. When used well, they can create greater prosperity for current and ... WebMay 12, 2024 · Some more concrete projects are underway, such as the IPSASB Natural Resource Project to develop accounting standards for living resources, subsoil resources, and water, which will...
IPSASB mulls guidance on accounting for natural resources
WebApr 3, 2024 · The author discusses different perspectives, including the potential impact on natural resources of their depletion, catastrophic natural events and the negative externalities of economic... WebResponse to the IPSASB’s Consultation P aper, Natural Resources Page 4 of 18 Recent reporting developments for natural resources We understand that t his is a fast-evolving area and encourage the IPSASB to stay abreast of developments in natural resources reporting and disclosure. Of note, the Taskforce on Nature-related Financial Disclosures iow block design
Environmental Financial Accounting in the Public Sector
WebSep 20, 2024 · IPSASB and the World Bank have proposed embedding climate sustainability and natural resource assets into government accounts. (See documents 1) FreeBalance has often highlighted the linkages between Public Financial Management (PFM) and sustainability, and we firmly believe that international public sector standards should be … Web(SDG) and interfacing with the Natural Resources Project in developing sustainability-related guidance. ACAG notes the European Financial Reporting Advisory Group (EFRAG) proposes the use of the ... ACAG is not able to provide financial support or other resources to the IPSASB but is keeping a close watching brief on developments related to ... WebMay 16, 2024 · Within the consultation paper, IPSASB said it proposed to serve as the standard-setter for global public sector-specific sustainability reporting guidance, develop initial guidance by drawing on the work of the newly formed ISSB, and “approach guidance development at an accelerated pace”, with a potential for releasing initial guidance by the … opening meeting prayer catholic