IPSAS stands for International Public Sector Accounting Standards

Compliance with the IPSAS standards guarantees that the financial reporting of public bodies conveys what is termed a »true and fair view« of the financial situation. IPSAS take account of the characteristic features of the public sector.

Seminar 2012:
IPSAS and The Application of These Standards in the Swiss Federal Administration
Friday, 18th May 2012, Zurich
Friday, 16th July 2012 – Seminar Fully BOOKED –
Friday, 14th Sebtember 2012 – Seminar Fully BOOKED –
IPSAS Seminar 9. März 2007, Zürich
Seminar program
Online registration form

Although the IPSAS are based on the IAS standards for private companies, they were adapted to the requirements of the public sector. The IPSAS are laid down by the International Federation of Accountants (IFAC), a private federation. They therefore have no legally binding force. The elaboration of the standards was, however, promoted and financed in the majority by the International Monetary Fund and the World Bank, of which Switzerland is a member.