The adoption of IPSAS is gaining momentum globally. However, there is a shortage of detailed data on how the IPSAS are adopted and applied by governments around the world. This is particularly the case for developing economies such as South Africa. While South Africa does not adopt IPSAS directly, it uses IPSAS to develop Standards of GRAP. The ASB may depart from the IPSAS and may also issue its own “homegrown” Standards where a need is identified locally.

The ASB is collaborating with the Public Accounting Standards Board in Türkiye on a research project to understand how the IPSAS are adopted and applied in either country. The results and best practices will be shared with a wider audience, including the IPSASB. The results will hopefully aid other countries and international organisations on their journey to adopting IPSAS by outlining lessons learned and best practice.

All those involved in the preparation of financial statements using Standards are GRAP have a critical role to play in this project and is an opportunity to contribute to strengthening public financial management globally. We would appreciate you sharing your experience by completing this survey – which should take approximately 20 minutes to complete. Link to the survey

The closing date for completion of the questionnaire is 9 May 2025.

We look forward to your contributions!