Abstract
This chapter provides an overview of the organization of the International Public Sector Accounting Standards Board (IPSASB), with a focus on historic developments, pursued goals and standard-setting processes. Second, light is shed on the conceptual framework as issued by the IPSASB. Here, contents and the debate around the framework are scrutinized. Finally, the claimed benefits and criticisms of the International Public Sector Accounting Standards themselves are presented, including the debate from academics and practitioners. The text concludes with an outlook on potential future developments.
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Polzer, T., Reichard, C., Grossi, G. (2021). Organization of the IPSASB, Conceptual Framework and Claimed Benefits and Criticisms of IPSAS. In: Brusca, I., Gomes, P., Fernandes, M.J., Montesinos, V. (eds) Challenges in the Adoption of International Public Sector Accounting Standards. Public Sector Financial Management. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-63125-3_1
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