IPSASB proposes new requirements for Leases

The International Public Sector Accounting Standards Board (IPSASB) issued a revised IPSAS on Leases for comment (ED 187). The ASB is consulting on the proposals in the revised IPSAS to obtain views from stakeholders locally on South African specific issues.

We will be hosting a series of discussions in March and April – the education sessions will explain the high-level changes and principles in the proposed IPSAS and the roundtable discussions are aimed at preparers, auditors and others sharing views, and providing technical and other inputs on the concepts in the Exposure Draft. These views will be shared with the IPSASB in the comment letter to be submitted to them.

ED 187 can be accessed by following this link. If you are interested in attending a session, please email tsholot@asb.co.za.
 

Date	Event	Stakeholder group
8 March	Education session	All stakeholders
15 March	Education session	All stakeholders
30 March	Education session	Auditors, firms, technical specialists, professional bodies, and academics
12 April	Roundtable discussion	All stakeholders
19 April	Roundtable discussion	All stakeholders
3 May	Roundtable discussion	Auditors, firms, technical specialists, professional bodies, and academics