The International Public Sector Accounting Standards Board® (IPSASB®) has released Exposure Draft 59, Amendments to IPSAS 25, Employee Benefits, as part of an effort to issue a revised IPSAS 25 to be converged with the underlying IAS 19, Employee Benefits.
The main amendments proposed in ED 59 improve IPSAS 25 in the recognition, presentation, and disclosure of defined benefit plans.
In response to comments received by IFAC member bodies, the IAESB has developed a suite of guidance material to support the implementation of a learning outcomes approach by those responsible for Initial Professional Development (IPD) professional accounting education programs, Continuing Professional Development (CPD) programs, and the development of professional competence through practical experience.
