IPSAS 45 PROPERTY, PLANT AND EQUIPMENT
DOI:
https://doi.org/10.56362/Rev23102149BKeywords:
IPSAS 45, heritage assets, infrastructure assets, public sectorAbstract
The Board for International Accounting Standards in the Public Sector issued the standard IPSAS 45 Property, plant and equipment, in May 2023. The novelties in this standard, compared to IPSAS 17 Property, plant and equipment, which it replaces, refer to additions of heritage assets, infrastructure assets and changes in the measurement of assets.
References
ICAEW (2021) IFRS vs IPSAS in public sector financial reporting: Part II Measurement, Published: 21 May 2021, IFRS vs IPSAS in public sector financial reporting | ICAEW
ICAEW (2021) MEASUREMENT (ED 77) – CURRENT OPERATIONAL VALUE (COV), Published: 21 May 2021, IFRS vs IPSAS in public sector financial reporting | ICAEW.
IPSASB, IPSAS 45 Summary – Property, Plant and Equipment, 26.05.2023, IPSAS 45, Property, Plant, and Equipment | IPSASB.
