The International Federation of Accountants^® (IFAC^®) has published the IPSAS™ 33-38 and Recommended Practice Guideline 3 in Spanish. The IPSAS pronouncements deal with a variety of important issues, including first-time adoption of accrual basis IPSAS. These publications include:

• NICSP 33, Adopción por Primera vez de las Normas Internacionales de Contabilidad del Sector Público de Base de Acumulación (o devengo) (IPSAS 33, First-time Adoption of Accrual Basis IPSASs)           
• NICSP 34, Estados Financieros Separados (IPSAS 34, Separate Financial Statements)
• NICSP 35, Estados financieros consolidados (IPSAS 35, Consolidated Financial Statements)
• NICSP 36, Inversiones en Asociadas y Negocios Conjuntos (IPSAS 36, Investments in Associates and Joint Ventures)
• NICSP 37, Acuerdos conjuntos (IPSAS 37, Joint Arrangements)
• NICSP 38, Información a Revelar sobre Participaciones en Otras Entidades (IPSAS 38, Disclosure of Interests in Other Entities)
• Guía de Práctica Recomendada 3 - Presentación de Información sobre el Rendimiento de los Servicios (Recommended Practice Guideline 3 - Reporting Service Performance Information) 

These Spanish translations were performed by faculty members from the Department of Accounting and Finance, Faculty of Economics and Business Administration, at the University of Zaragoza, Spain. They have been reviewed by an international committee consisting of public sector experts from Argentina, Chile, Mexico, Spain, and Uruguay.

For an overview of translations of IFAC’s publications, please visit the IFAC Translations Database.

Leaders from the public sector and professional accountancy organizations from throughout the Caribbean met Nassau April 12-14, 2016, to revitalize efforts to improve public sector financial management and support the region’s economic growth.

Hosted by the Institute of Chartered Accountants of the Caribbean (ICAC), the International Federation of Accountants (IFAC), and the World Bank, Strengthening Public Financial Reporting and Accountability explored the Caribbean social-economic situation and how better public financial management, especially improved financial accounting and reporting, can support sustainable development.

International and regional experts shared their experiences of overcoming challenge and realizing the benefits of public sector financial management reform. Forward-looking sessions discussed how stakeholders can make public financial accounting and reporting reform a success. The roundtable concluded by summarizing the actions that governments and stakeholders can take toward strengthening public financial reporting and accountability.

This invitation-only event covered regional economic, social, and business imperatives; public financial reporting reforms (regional and international perspectives); engaging stakeholders; challenges of the accountancy profession in the Caribbean and capacity-building strategies; and technical training on latest developments in International Public Sector Accounting Standards.

The event opened on Tuesday 12th April by the The Hon. Michael Halkitis, MP, Minister of State for Finance, Government of The Bahamas.

For more information, please contact Jasmine Davis, ICAC President, president@icacorg.com, Misha Lobban Clarke, ICAC CEO, ceo@icacorg.com or Vincent Tophoff, Senior Technical Manager, Accountability. Now.

In this video, IAASB Member and Chair of the Group Audits and the Enhancements Working Groups Megan Zietsman reviews the key elements of the Invitation to Comment, Enhancing Audit Quality in the Public Interest: A Focus on Professional Skepticism, Quality Control and Group Audits (the ITC) and the ITC Overview.

The deadline for comment on both documents is May 16, 2016.

The International Federation of Accountants^® (IFAC^®) has published the 2014 edition of the International Auditing and Assurance Standard Board^® (IAASB^®) Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements, Volume II and Volume III in Russian. This translation was performed by the National Organization for Financial Accounting and Reporting Standards Foundation. To ensure wide acceptability of the translation, it was reviewed by a committee consisting of experts from the Russian Federation as well as from Belorussia, Kazakhstan, and Kyrgyzstan.

For an overview of translations of IFAC’s publications, visit the Translations Database.