The Deloitte Brussels IPSAS Centre of Excellence provides International Public Sector Accounting Standards (IPSAS) / European Public Sector Accounting Standards (EPSAS) financial reporting and complex accounting advisory services.
The Deloitte Brussels IPSAS Centre of Excellence provides International Public Sector Accounting Standards (IPSAS) / European Public Sector Accounting Standards (EPSAS) financial reporting and complex accounting advisory services.
International Public Sector Accounting Standards (IPSAS) are the public sector equivalent of International Financial Reporting Standards (IFRS) issued by the International Public Sector Accounting Standards Board (IPSASB). The move towards accrual accounting IPSAS in the public sector has the potential to strengthen Public Financial Management (PFM) globally and increase transparency and high-quality financial reporting.
The IPSASB’s mission is to serve the public interest by developing high-quality accounting standards and other publications for use by governments and other public sector entities around the world in the preparation of general purpose financial reports.
Consult IASPlus and the ACCA report on current status of IPSAS adoption for further information.
Eurostat is taking forward its work on EPSAS through the EPSAS Working Group, a first of-its-kind EU network of public sector accounting standard-setters, which comprises experts representing all levels of government as well as other key EU and global stakeholders.
The Deloitte Brussels IPSAS Centre of Excellence is ready to act as your trusted advisor in all matters linked to public sector financial reporting (IPSAS/EPSAS). From the implementation of new IPSAS standards to complete IPSAS/EPSAS conversion projects, our team of experts will adapt to your needs to assist in translating complex theoretical requirements into workable solutions.
In this capacity, we will help you in addressing the strategic accounting and financial reporting challenges facing the finance function: