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IPSASB Publishes New Standard on Intangible Assets; Improvements to Standards
Last Update - 01/02/2010
The International Public Sector Accounting Standards Board (IPSASB) has published a new International Public Sector Accounting Standard (IPSAS) that covers the accounting for and disclosure of intangible assets: IPSAS 31, Intangible Assets. It fills a gap in the IPSASB literature and adds some guidance on public sector-specific issues, including intangible heritage assets.
Please click here for the IFAC press release.
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