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The first step in implementing accrual accounting for public sector entities is to create a legal framework. Without the strong legal framework it is literally impossible to implement successfully the accrual accounting and derive the benefits of it. We explain in this video how a legal framework should be created.
Hi This is a video presentation on accounting under accrual basis in Public sector. In this video we talk about Revenue recognition in the Public sector.
This video is about the overview of different bases of accounting.
04/01/2020
IPSASB has issued three Exposure Drafts to cover the aspects of Revenue and Transfer Expense
- ED 70 Revenue with Performance Obligation
- ED 71 Revenue without Performance Obligation
- ED 72 Transfer Expenses
IPSASB: Overview of ED 70, ED 71, and ED 72 In this webinar, IPSASB staff provide an overview of Exposure Drafts 70, Revenue with Performance Obligations, ED 71, Revenue without Performance Obligations...
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