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Fox 100422 CP Long Term Sustainability Of Public Finances.pdf

Fox_100422_CP_Long_term_sustainability_of_Public_Finances2242010331456.pdf
Preview of Fox 100422 CP Long term sustainability of Public Finances
🔗 Source: accountancyeurope.eu
📊 Size: 74 KB
👤 Author: Sylvie
⬇️ Downloads: 47

Summary

FEE submits its views on the IPSASB Consultation Paper "Reporting on the Long-Term Sustainability of Public Finances". FEE supports IPSASB's development of high-quality standards for public sector financial reporting and believes the final guidance should mandate reporting on long-term sustainability, but the way and contents of the reporting should not be required at this stage. FEE agrees that an awareness of fiscal sustainability issues is important context for understanding financial statements and other financial reporting, and supports the requirement that this type of information should be provided. FEE also agrees with the proposed reporting models and suggests developing a preferred model with minimum requirements for disclosure in financial statements, quantitative information in narrative reporting, and descriptive/explanatory information in narrative reporting.

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Description

FEE submits its views on the IPSASB Consultation Paper "Reporting on the Long-Term Sustainability of Public Finances".

Technical Information

  • File Format: PDF
  • File Size: 74 KB
  • Pages: 5
  • Language: EN
  • Author: Sylvie
  • Total Downloads: 47
  • Last Updated: 3 months ago

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